In this role, you will:
- Manage and develop a team of individual contributors in underwriting, approval, documentation of new credit requests, credit line renewals for existing customers, and on-going monitoring of the current portfolio
- Engage stakeholders and internal partners associated with the Inventory Finance Underwriting functional area
- Identify and recommend opportunities for process improvement and risk control development
- Conduct financial and credit research as well as prepare risk assessments for presentation to more experienced management
- Make decisions and resolve issues regarding resources, objectives, and operations of Inventory Finance Underwriting functional area and team to meet business objectives
- Interpret and develop policies and procedures for functions with low to moderate complexity within scope of responsibility
- Collaborate and consult with Inventory Finance Underwriting peers, colleagues, and multiple level managers as well as interact directly with external customers
- Manage allocation of people and financial resources for Inventory Finance Underwriting
- Mentor and guide talent development of direct reports and assist in hiring talent
- Review and approve transactions within assigned credit authority
Required Qualifications:
- 4+ years of Distribution 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 working with Senior Leadership and Independent Risk Management
- Experience underwriting transactions in Inventory Finance , Asset-Based Lending groups or Commercial Banking
- B.A. degree or equivalent, preferably in Accounting, Finance or Economics
- M.B.A. or equivalent preferred
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
Compensation:
- Chicago, IL – $122,200.00 - $217,200.00 USD Annual
- Charlotte, NC, Irving, TX and Atlanta, GA- $111,100,00 - $197,500.000 Annual
Pay Range
$111,100.00 - $217,200.00
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit 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
1 May 2025
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.