Equipment Finance Underwriting Manager

About this role:

Wells Fargo is seeking an Equipment finance Underwriting Manager, supporting the Dealer and Floorplan space within the Commercial Vehicle Group (CVG). This role will focus on developing new business, growing existing client relationships, and partnering with credit and internal teams to structure and execute tailored financing solutions.

The WFEF Commercial Vehicle Group (CVG) Underwriter is responsible for the underwriting and management of titled vehicle vendor, leasing or finance, and third party origination programs where there is high reliance on the program counterparty.  This includes managing floorplan relationships with transportation equipment dealers.

In this role, you will:

• Manage and develop an Equipment Finance Underwriting team in making lending decisions on a wide range of loan and lease products
• Provide input and feedback to the individuals as required
• Identify opportunities for process improvement and productivity enhancement in Equipment Finance Underwriting functional area
• Make decisions and resolve issues regarding resources, objectives, and operations of Equipment Finance Underwriting functional area and team to meet business objectives
• Manage other teams responsible for credit process as well
• Collaborate and consult with Equipment Finance Underwriting peers, colleagues, and multiple managers to move out routine operational activities
• Manage allocation of people and financial resources for Equipment Finance Underwriting
• Mentor and guide talent development of direct reports and assist in hiring talent

Required Qualifications:

• 5+ years of Equipment Finance Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 2+ years of Leadership experience

Desired Qualifications:

• Experience in equipment finance, commercial lending, dealer finance, or floorplan financing
• Experience developing new business and managing commercial client relationships
• Strong financial analysis and credit skills, including reviewing financial statements and assessing credit risk
• Experience structuring, negotiating, and executing commercial lease or loan transactions
• Ability to partner effectively with sales, credit, risk, operations, legal, and other internal teams
• Experience managing multiple transactions and priorities in a fast-paced environment
• Strong relationship-building, negotiation, and problem-solving skills
• Excellent verbal, written, and interpersonal communication skills
• Strong attention to detail, organization, and personal accountability
• Ability to work independently while collaborating effectively across teams
• Experience supporting AI initiatives and process improvements to streamline workflows, improve efficiency, and enhance business processes.

Job Expectations:

Ability to travel up to 15% of the time

Ability to work a hybrid work schedule

This position does not support Visa Sponsorship

Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process

Job Locations:

• 10 S Wacker Dr - Chicago, IL 60606
• 83 Wooster Hts DANBURY, CT 06810
• 5000 Riverside Rd - Irving, TX 75039
• 600 S 4th St - Minneapolis, MN 55415

Additional Information:

Minnesota - Minneapolis Pay Range: $153,000-$239,000

Illinois - Chicago Pay Range: $153,000-$239,000

Texas - Irving Pay Range: $139,000-$217,000

Danbury- Connecticut Pay Range: $167,000-$260,000

#CommercialBanking

Pay Range
 

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.