Senior Secured Lending Underwriter - Dealer Finance

About this role:

Wells Fargo's Supply Chain Finance (SCF) group delivers a broad range of working capital and financing solutions that help manufacturers, vendors, dealers, and distributors optimize cash flow and support business growth. As part of SCF, the Inventory Finance team provides floor plan financing programs that enable dealers and distributors to finance inventory purchases from leading equipment manufacturers and vendors.

We are seeking an experienced and motivated Senior Secured Lending Underwriter to support our Inventory Finance business. In this role, you will serve as a trusted risk partner responsible for underwriting and managing complex floor plan financing programs across a diverse portfolio of vendor and dealer relationships. You will evaluate creditworthiness, structure financing solutions, assess program risk, and influence key credit decisions that support business growth while maintaining a strong risk and control environment.

In this role, you will:

• Lead credit underwriting for new transactions and annual reviews for an assigned portfolio of accounts
• Review financial statements for various customers with ability to ascertain trends, ratios and call out key risks/mitigants
• Assess credit worthiness of customers based on various qualitative and quantitative factors
• Exercise independent judgement to guide medium risk deliverables
• Present recommendations for resolving more complex situations and exercise independent judgement while developing expertise in Underwriting functional area, policies, procedures, and compliance requirements
• Collaborate and consult with Underwriting colleagues, internal partners, and stakeholders, including internal and external customers

Required Qualifications:

• 4+ years of secured lending underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 3+ years of lending experience either floor plan financing, cash flow, asset-based, or securitization lending.
• Strong analytical skills, with heightened attention to detail and accuracy, recognizing importance of data integrity and adherence to credit policies and procedures.
• Strong verbal and written communication skills and ability to work effectively with internal stakeholders and clients.
• Working knowledge of various secured lending programs and structures. 
• Advanced Microsoft Office (Excel, Word, PowerPoint) skills.

Job Expectations:

• Willingness to work on-site at stated location on the job opening.
• This position is not eligible for Visa sponsorship.
• This position offers a hybrid work schedule.
• 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.
• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards.

Pay Range
 

Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).

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.