Lead Underwriter Specialty Lending (Affluent Clients)

Lead Underwriter

About this role:

Wells Fargo is seeking Lead Underwriter within the Cards, Merchant Services, and Personal Loans group, part of our Consumer Lending division that is responsible for analyzing, reviewing, and approving the credit worthiness for high-net-worth customer credit card requests.

In this role, you will:

Review, analyze, and evaluate complex credit applications and credit line increases high-net-worth customers

Analyze credit applications and credit line increases, credit bureau information, collateral valuation and cash flow tax returns, financial statements, trusts, investment portfolios and or other supporting documentation to recommend or approve appropriate credit line requests

Expert communication skills ensuring best in class customer experience and proactively address customer needs to customize lending solutions

Collaborate with internal partners such as Wealth Advisors and Private Bankers to proactively address client needs

Ensure exceptional customer service delivery to affluent customers balancing credit quality with customer experience

Lead complex initiatives with broad impact and act as key participant in the development of projects for Specialty

Ensure conformity with bank policies and procedures

Evaluate complex processes or tasks that may require research into the cause and effect of challenges to projects or procedures related affluent credit card originations

Required Qualifications:

5+ years of Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

5+ years of Underwriting for affluent customers with background in high line assignments=Deep understanding of Wealth Management and experience with high value credit portfolios

Financial Statement Analysis: Ability to interpret complex financial documents, including tax returns, balance sheets, and income statements.

Credit Risk Assessment: Proficiency in evaluating creditworthiness using credit scores, debt-to-income ratios, and other risk indicators.

Cash Flow Analysis: Understanding of personal and business cash flow to determine repayment capacity.

Excellent verbal, written, and interpersonal communication skills

Experience managing large or complex credit portfolios, including exposure limits and diversification.

Extensive knowledge of lending policy guidelines and procedures as evidenced by strong credit and compliance quality

Track record of proactive problem solving, taking initiative, and effectiveness in resolving complex escalations timely and decisively to meet customer expectations

Ability to manage multiple priorities, including managing a pipeline and supporting escalations while maintaining excellent quality

Analytical skills focusing on problem solving, process improvement and customer impact in a rapidly changing environment.

Ability to organize, re-prioritize, and manage multiple priorities in-order-to meet deadlines

Job Expectations:

Relocation assistance is not available for this position.

This position is not eligible for Visa sponsorship

Must be able to work on-site

Location:

Charlotte NC

Chandler AZ

St. Louis Park MN

Pay Range:

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$87,000.00 - $154,000.00

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