Senior Asset Based Lending Underwriter

About this role:

Wells Fargo is seeking a. Senior Asset Based Lending Underwriter.

In this role, you will:

• Independently analyze and form credit conclusions on complex transactions, including assessment of collateral quality, historical and projected financial performance, cash flow sustainability, liquidity, relevant valuation metrics, market significance, and key drivers of enterprise value.
• Own and direct the due diligence process by defining scope, coordinating third‑party providers, and synthesizing findings from field examinations, appraisals (inventory, equipment, real estate, IP), environmental reports, quality of earnings analysis, and background investigations. Ensure conclusions are well‑supported and clearly documented.
• Identify, assess, and prioritize material credit, structural, legal, and reputational risks; develop and recommend commercially viable mitigants (if applicable) and structuring alternatives that align with return objectives and risk appetite.
• Lead management diligence meetings to evaluate borrower strategy, governance, financial discipline, and operational capabilities; translate insights into clear underwriting conclusions.  Prioritize and follow-up on critical outstanding items to meet expected transaction deadlines.
• Prepare comprehensive, decision‑ready credit approval and funding memos that reflect independent judgment, well‑supported risk assessments, and thoughtful structuring recommendations.
• Present transactions to Credit Committee and senior leadership with clarity, confidence, and credibility, effectively influencing outcomes through data‑driven analysis and sound reasoning.
• Build and foster strong, collaborative partnerships across front-line teams, operational support, independent risk management, and business leadership.
• Lead negotiations of loan documentation directly with borrowers, sponsors, and counsel to ensure terms are consistent with credit approval and appropriately reflect the transaction's risk‑return profile.
• Maintain end‑to‑end accountability for transaction execution by proactively managing client and internal stakeholder expectations through consistent, transparent communication.
• Ensure timely and accurate completion of all internal controls, compliance, regulatory, and operational requirements.
• Champion leveraging approved AI and analytical tools across the platform, including daily use to enhance underwriting efficiency, accuracy, and consistency; actively identify opportunities to improve processes and documentation quality.
• Act as a senior leader by embracing change, demonstrating accountability, and mentoring junior talent in underwriting and beyond by providing guidance on credit judgment, structuring, and professional standards.

Required Qualifications:

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

Desired Qualifications:

• Prior asset-based lending experience and strong understanding of accounting and legal documentation
• Effective written and verbal communication skills
• Ability to work in a highly collaborative work environment
• Experience with private equity firms
• Cross-border lending experience
• Bachelor’s Degree in Accounting, Business Administration, Finance or Economics

#CommercialBanking

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

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.