Private/Business Loan Underwriter 3

Job Description

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

The Payments, Virtual Solutions, and Innovation (PVSI) team includes Operations, Cards and Retail Services, Deposit Products Group, the Innovation Group, Treasury Management, Merchant Services, Payment Solutions, and Wells Fargo Virtual Channels and the professional services teams that partner with these businesses. PVSI's focus is on delivering the next generation of payments and deposit capabilities and advancing our digital and online offerings to design new customer experiences and products. Its guiding principles are to start with the customer, move faster, and partner effectively.

Wells Fargo Merchant Services Credit and Risk Department is searching for highly motivated individual to work within the Merchant Sales Underwriting and Documentation Team. We are looking for a well-rounded individual who understands the people, credit, and transaction underwriting framework and can structure and document transactions accordingly. We anticipate this individual will have a positive and measurable impact on our business, our partners, and our customers.

Key Responsibilities:
Analyzes complex financial and credit information for commercial businesses according to merchant services credit underwriting standards and approved credit authority limits.
Compiles and analyzes credit data; documents credit risk; and determines credit worthiness.
Understands financial statements and reports for specific area of business.
May perform research and analysis such as industry studies and management reports.
Coordinates activity in support of the credit approval and documentation processes.
Performs and coordinates activities around documenting approved credits.
May negotiate credit and legal provisions.



Required Qualifications

  • 4+ years of underwriting experience



Desired Qualifications

  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Commercial loan experience
  • A Master's degree or higher in accounting, finance, or economics
  • 4+ years of commercial underwriting experience
  • Advanced Microsoft Excel skills, including high level of proficiency in modeling
  • Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
  • Excellent verbal, written, and interpersonal communication skills
  • Good attention to detail and accuracy skills
  • Strong collaboration and partnering skills
  • Experience consulting, influencing and partnering with business executives, leadership, human resources partners and peers



Other Desired Qualifications


Understanding of the merchant business and the risks associated with merchant processing
Background in merchant card processing credit underwriting
4-year degree or equivalent work experience





Disclaimer


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.



Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.


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