Wells Fargo Lead Asset Based Lending Underwriter 

United States, Illinois, Chicago 

499633339

About this role:

This individual will be responsible for underwriting and closing a variety of moderately complex transactions with moderate support and oversight.

In this role, you will:

• Lead deal teams by coordinating with Originations, Relationship Management, Credit, and Product Partners to underwrite, document, and close new and existing senior secured asset-based loans or unsecured A/R purchase facilities for public and private companies, including sponsor-owned, ranging in size from $5MM to $1Bn+
• Analyze and understand collateral, historical and projected financial statements, cash flows, liquidity, relevant valuation metrics, and market significance
• Coordinate and drive the scope of due diligence including collateral focused field examinations; inventory appraisals; quality of earnings review; and background investigations
• Develop and maintain a positive relationship with prospective clients throughout the customer lifecycle
• Organize diligence meetings to assess the quality and strength of management and develop a deeper understanding of the borrower’s business, financial profile, and industry position
• Identify critical transactional and structural risks, complete in-depth diligence on critical focus areas, and propose situation appropriate mitigants or structuring alternatives
• Complete comprehensive credit approval and funding memos
• Present underwritten transactions to credit and senior management in a clear and concise manner with well-reasoned support
• Expertly structure loans and negotiate legal documents to ensure the transaction is appropriately documented in accordance with credit approval
• Manage client and internal constituents expectations throughout the approval and loan closing process through frequent and effective communication
• Accurately complete all compliance requirements including leverage lending, high risk borrowers, exception tracking, risk ratings, and financial crimes
• Oversee seamless onboarding of new clients in coordination with Relationship Management
• Actively engage on special projects, and as a mentor to junior team members

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:

• Asset Based Lending and/or Supply Chain Finance experience
• Experience with private equity firms
• Customer facing experience
• Secured lending legal loan documentation and negotiation experience

Job Expectations:

• This position is not eligible for Visa sponsorship

• This position offers a hybrid work schedule

• Willingness to work on-site at stated location on the job opening.

• Specific compliance policies may applyregardingoutside 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

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.