Secured Lending Underwriter

About this role:

Wells Fargo is seeking a Secured Lending Underwriter to join our Supply Chain Finance group. The Secured Lending Underwriter partners closely with the Underwriting team to evaluate and manage account debtor risk, including conducting due diligence and financial analysis for credit requests up to $1 million. This role holds direct credit approval authority, monitors ongoing account performance, and reviews daily order approvals for assigned debtors. The position requires applying independent judgment within established policies, collaborating with cross-functional teams, and resolving low- to medium-risk issues to support business objectives.

In this role, you will:

• Participate in the partnership with the Underwriting team on all aspects of account debtor underwriting
• Conduct due diligence on new account debtors in connection with requests for internal guidance lines up to $1 million. Due diligence to include financial analysis, review of historical payment performance, review of third-party trade reports, and any other information deemed appropriate for the request.
• Secured Lending Underwriter will have direct credit approval authority and will be responsible for ongoing monitoring of the performance of the accounts they approve.
• Reviewing daily order approval requests for a designated list of account debtors.
• Review basic issues, policies, or procedures where answers can quickly be obtained related to low to medium risk and deliverables
• Receive direction from Secured Lending Underwriting supervisor and exercise independent judgement while developing understanding of function, policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals

Required Qualifications:

• 2+ 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:

• Knowledge of factoring and secured lending products, structures, and programs
• Strong analytical mindset with exceptional attention to detail and accuracy
• Solid financial analysis capabilities
• Experience leveraging AI tools to enhance productivity and decision-making
• Ability to work independently and exercise sound judgment
• Proven ability to collaborate cross-functionally across multiple business lines
• Strong verbal communication and interpersonal skills
• Advanced proficiency in Microsoft Office (Excel, Word, PowerPoint)

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.

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.