Underwriter jobs

This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions.

Responsibilities:

• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
• Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
• Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
• Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
• Trains, coaches, and mentors Credit Analysts

Required Qualifications:

• Robust understanding of corporate finance and accounting concepts
• Excellent writing and verbal communication skills
• Effective time management skills with ability to balance multiple competing priorities
• Proficiency in Microsoft Excel
• 3+ years of commercial and/or corporate banking credit underwriting related experience, preferably in a bank or large financial institution

Desired Qualifications:

• Bachelor’s degree with emphasis in finance, accounting oreconomics
• Experience underwriting clients in the Energy sector, including upstream Oil & Gas

Skills:

• Analytical Thinking
• Financial Analysis
• Financial Forecasting and Modeling
• Profitability Analysis
• Research Analysis
• Attention to Detail
• Business Acumen
• Credit and Risk Assessment
• Underwriting
• Written Communications
• Collaboration
• Critical Thinking
• Portfolio Analysis
• Prioritization
• Technical Documentation

This job is responsible for performing risk assessment and repayment capacity analysis (i.e., financial, borrower, industry, etc.) and preparing transaction justification for complex transactions with limited supervision. Key responsibilities include documenting credit analysis, independently assessing historic and projected borrower financial information, evaluating adherence to policy and procedure, providing loan structure analysis and recommendations, and monitoring portfolio performance. This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit and industry risks, preparing risk ratings and writing annual review credit memorandums for Banc of America Public Capital Corporation portfolio. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and reporting tasks.

Responsibilities:

• Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility
• Partners with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions
• Monitors the client's operating performance and financial condition, proactively identifying issues and opportunities
• Delivers financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
• Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements
• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
• Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
• Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
• Completing comprehensive analysis on client financial statements
• Identifying and monitoring client and industry risk trends
• Modeling transaction and relationship profitability
• Reviewing legal documentation related to loans and derivatives
• Writing annual reviews memorandums and risk rating justification to summarize your analysis and conclusions.
• Monitoring rating agency actions and publicly available news relates & articles for impact on portfolio accounts.
• May assist in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures

Required Qualifications:

• Minimum of 2+ years of commercial credit underwriting related experience, preferably in a bank or large financial institution
• Robust understanding of corporate finance and accounting concepts, experience in municipal credit /public finance a plus.
• Excellent writing and verbal communication skills
• Effective time management skills with ability to balance multiple competing priorities
• Proficiency in Microsoft Excel

Desired Qualifications:

• Bachelor’s degree with emphasis in finance, accounting or economics

Skills:

• Attention to Detail
• Financial Analysis
• Underwriting
• Written Communications
• Analytical Thinking
• Credit Documentation Requirements
• Credit and Risk Assessment
• Financial Forecasting and Modeling
• Recording/Organizing Information
• Business Acumen
• Collaboration
• Collateral Management
• Loan Structuring
• Prioritization

This job is responsible for performing risk assessment and repayment capacity analysis (i.e., financial, borrower, industry, etc.) and preparing transaction justification for moderately complex/complex transactions with limited oversight. Key responsibilities include documenting credit analysis, independently assessing historic and projected borrower financial information, evaluating adherence to policy and procedure, providing loan structure analysis and recommendations, and monitoring portfolio performance.

Responsibilities:

• Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility
• Partners with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions
• Monitors the client's operating performance and financial condition, proactively identifying issues and opportunities
• Delivers financial modeling, loan structure, industry, economic, and other analysis to team members to support the loan decision-making process
• Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements
• Analyze financial statements, cash flow projections, and industry trends specific to agriculture and food-related businesses.
• Maintain up-to-date knowledge of market conditions, commodity pricing, and regulatory developments affecting agribusiness lending.
• Escalates and debates deteriorating assets in partnership with the Special Assets Group and Risk as appropriate
• Participates in Regional and Market meetings to communicate credit delivery best practices and results
• Participate with RM or CO's to negotiate Credit Agreements & loan documents, as needed.

Required Qualifications:

• 5-7 plus years of solid experience in Commercial Banking performing financial analysis, structuring, underwriting and portfolio management
  ,
  preferably with prior credit approval authority.
• Strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.
• Formal commercial credit training OR equivalent work experience.
• Prior experience in a high-volume production environment

Desired Qualifications:

• Knowledgeable of the closing process & timeline for all types of loans (i.e. real estate, revolvers, etc.)
• Prior leadership and credit management experience.
• Superior teamwork skills in the commercial market space.
• Bachelor's degree, Master’s Degree preferred, in business administration, finance, accounting or economics

Skills:

• Attention to Detail
• Credit and Risk Assessment
• Financial Analysis
• Underwriting
• Written Communications
• Analytical Thinking
• Credit Documentation Requirements
• Financial Forecasting and Modeling
• Recording/Organizing Information
• Business Acumen
• Collaboration
• Collateral Management
• Loan Structuring
• Prioritization

High School Diploma / GED / Secondary School or equivalent

This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions. This position is responsible for the delivery of integrated credit solutions to US State and Local governmental entities, including public higher education. Partner closely with client-facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client. Key responsibilities include underwriting and negotiating new transactions, partnering with client-facing teammates to consult on sales opportunities, and providing the product expertise to deliver effective client solutions. Partner closely with client-facing teammates to provide the product expertise and consultation necessary to deliver the best possible solution to the client. Proactively partners with client teams to plan key credit relationship strategy focusing on balance of risk and reward. Directly accountable for managing credit quality and the approval process through interaction with Risk Management Officers.

Responsibilities:

• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
• Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
• Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
• Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
• Trains, coaches, and mentors Credit Analysts
• Pre-screen new transactions for existing and new clients to determine credit worthiness and appropriate credit product solutions.
• Analyzing US State and Local governmental entities’ financial statements.
• Responsible for underwriting credit approval memoranda for mandated transactions, incorporating thorough credit analysis and due diligence.
• Participates in ongoing documentation negotiations as required.

Required Qualifications:

• 5+ years of experience in commercial banking, finance or credit ratings industries with significant municipal/public finance credit experience.
• Experience in the analysis and structuring of complex transactions
• Strong credit and risk analysis skills
• Strong presentation, structuring and financial statement analysis skills
• Proven ability to analyze, interpret and negotiate third party documentation
• Proven ability to identify trends and emerging risks in underwriting and client selection
• Proficient Microsoft Office skills

Desired Qualifications:

• Municipal / Public Finance Lending or Leasing Experience
• Undergraduate degree in finance, accounting or related field preferred.

Skills:

• Analytical Thinking
• Financial Analysis
• Financial Forecasting and Modeling
• Profitability Analysis
• Research Analysis
• Attention to Detail
• Business Acumen
• Credit and Risk Assessment
• Underwriting
• Written Communications
• Collaboration
• Critical Thinking
• Portfolio Analysis
• Prioritization
• Technical Documentation

Job responsibilities

• Support FX and Rates transaction services for corporate clients in the local market
• Provide relevant research materials on FX and Rates outlooks and forecasts
• Maintain consistent coverage of FX and Rates products to meet client requirements
• Respond to daily client requests and needs with professionalism and accuracy
• Build trust by understanding client needs and communicating desk ideas clearly
• Help maintain healthy, sustainable relationships with corporate clients
• Assist with KYC procedures, including reviewing client business models and classification forms
• Support post-trade processes, ensuring accuracy and adherence to internal controls
• Follow firm policies for risk management and comply with legal and regulatory rules
• Collaborate with internal teams to deliver seamless client service
• Contribute to ongoing improvement of client coverage and product offerings

Required qualifications, capabilities, and skills

• Academic background in finance, economics, or related field
• Strong client service orientation and communication skills
• Ability to interpret and deliver market research and forecasts
• Knowledge of KYC procedures and regulatory requirements
• Attention to detail in post-trade processes and internal controls
• Ability to build and maintain professional relationships
• Understanding of risk management policies
• Proficiency in relevant financial systems and tools
• Demonstrated problem-solving and organizational skills
• Ability to work collaboratively in a team environment
• Commitment to ethical standards and compliance

Preferred qualifications, capabilities, and skills

• Internship or prior experience in FX and Rates or financial services
• Familiarity with post-trade operations and controls
• Advanced knowledge of market research tools
• Experience with client onboarding and KYC processes
• Strong analytical and presentation skills
• Ability to adapt to changing market conditions
• Multilingual skills are a plus

In this role, you will:

• Underwrite the vendor’s creditworthiness and program terms in accordance with corporate policies, Inventory Finance Standard Operating procedures and adherence to compliance requirements.
• Gather a clear understanding of the various legal documents associated with the vendor and programs. As well as negotiation of the document terms with the vendors.
• Lead periodic performance reviews of the vendor partners.
• Lead meetings and discussions with senior leaders/approvers, commercial team, legal team, other Wells Fargo Lines of business with a relationship with our vendor partner and other stakeholders.
• Collaborate and consult with underwriting peers, colleagues, and managers to resolve issues and achieve goals.
• Participate in and lead SCF projects.
• Serve as a mentor to junior teammates.

Required Qualifications:

• 5+ years of Secured Lending Underwriting experience, or equivalent experience 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

Location:

• 10 S Wacker Drive Chicago, Illinois 60606
• 550 S Tryon St Charlotte, NC 28202
• 1100 Abernathy Road Atlanta, GA 30328
• 5000 Riverside Road Irving, Texas 75039

U.S. only – Pay Range:

• Chicago, Illinois:$153,000.00-$239,000.00annually

Actual salary is determined by location, experience and qualifications of the job.

May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.

Pay Range

Wells Fargo Recruitment and Hiring Requirements:

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

Responsibilities:

• Assess and analyze New/Modification Credit exposures, including analysis of Collateral, Market, Sponsor/Guarantor to support proposal to extend Credit.
• Support Credit Officer on screening memos and term sheets.
• Data capture for new originations.
• Prepare approval documents and manage closing due diligence.
• Activities associated with origination, renewal, modification and extension of existing facilities where terms are being changed (i.e. extensions beyond final maturity, commitment increases, material covenant changes), including risk rating scorecard preparation and profitability modeling.
• Process formal Credit Action through the approval system.

Required Qualifications:

• 1+ years of Commercial Real Estate Credit Experience for the Underwriter. and 3+ years of Commercial Real Estate Credit Experience for the Sr. Underwriter.
• Must be contented with financial analysis skills.
• Ability to communicate effectively both verbally and written, with clear, concise, and conclusionary statements.
• Proficient with Microsoft Office and the ability to master new technologies.

Desired Qualifications:

• Bachelor’s Degree
• Prior Money Center Bank or Regional Banking Experience

Skills:

• Credit and Risk Assessment
• Customer and Client Focus
• Financial Analysis
• Underwriting
• Written Communications
• Analytical Thinking
• Attention to Detail
• Collateral Management
• Due Diligence
• Oral Communications
• Interpret Relevant Laws, Rules, and Regulations
• Legal Structures and Legal Forms
• Loan Structuring
• Prioritization