Underwrites secured and asset-based lending transactions for commercial clients. Analyzes collateral, financial statements, cash flow, liquidity, valuations, and transactional risks; coordinates due diligence, appraisals, audits, compliance requirements, credit approval and funding memos. Supports client onboarding, initial funding, prospect screening, and special projects while partnering with senior underwriters, portfolio management, treasury, operations, and commercial banking teams.
About this role:
Wells Fargo is seeking a Secured Lending Underwriter (Associate) for the Asset Based Lending Underwriting group. Clients include public companies, private equity groups, and small to mid-sized entrepreneur/privately owned businesses. Facility sizes range from $20MM to $500MM+. This individual is expected to work closely with Commercial Banking and other lines of business under Wells Fargo Credit Solutions to build strong relationships and enhance credit and other economic opportunities with prospective customers. This individual will be responsible for assisting in the underwriting and closing of a variety of transactions. This individual will work in partnership with senior employees on all aspects of underwriting and closing new business transactions across a variety of industries and collateral classes.
In this role, you will:
Required Qualifications:
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. $87,000.00 - $168,000.00
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.
25 Sep 2026
* 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.
Wells Fargo is seeking a Secured Lending Underwriter (Associate) for the Asset Based Lending Underwriting group. Clients include public companies, private equity groups, and small to mid-sized entrepreneur/privately owned businesses. Facility sizes range from $20MM to $500MM+. This individual is expected to work closely with Commercial Banking and other lines of business under Wells Fargo Credit Solutions to build strong relationships and enhance credit and other economic opportunities with prospective customers. This individual will be responsible for assisting in the underwriting and closing of a variety of transactions. This individual will work in partnership with senior employees on all aspects of underwriting and closing new business transactions across a variety of industries and collateral classes.
In this role, you will:
- Analyze and understand collateral, historical and projected financial statements, cash flows, liquidity, relevant valuation metrics, and market significance
- Assist with the due diligence process, including the coordination and analysis of third-party due diligence including collateral focused field examinations; inventory, equipment, real estate, and intellectual property appraisals; environment assessments; quality of earnings review; and background investigations
- Identify critical transactional and structural risks, complete in-depth diligence on critical focus areas
- Assist with comprehensive credit approval and funding memos with minimal supervision.
- Accurately complete all compliance requirements including leverage lending, high risk borrowers, exception tracking, risk ratings, and financial crimes.
- Schedule pre-funding audits (if applicable) and coordinate the initial funding with Treasury and Operations sufficiently in advance of the estimated closing date to ensure no delays occur.
- Oversee seamless onboarding of new clients in coordination with Portfolio Management.
- As requested assist with screening prospects and special projects.
- Take personal accountability for understanding and delivering on your goals and commitments.
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
- Prior asset-based lending or field exam experience
- Strong understanding of accounting
- Prior financial / cash flow modeling experience
- Demonstrated working knowledge of lending and corporate finance
- Effective written and verbal communication skills
- Proficiency in Word, Excel, and Powerpoint
- Ability to work in a highly collaborative work environment
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. $87,000.00 - $168,000.00
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
25 Sep 2026
* 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.
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