Wells Fargo
Financial Services
SeniorAssetBasedLendingUnderwriter
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“Senior Asset Based Lending Underwriter at Wells Fargo. Skills: Asset Based Lending, Underwriting, Credit Analysis, Risk Management. Analyze credit conclusions on complex transactions. Assess collateral quality”
What You'll Achieve.
Enhance underwriting efficiency; Enhance underwriting accuracy; Improve processes; Improve documentation quality
Industry & Context.
Risk assessment; Structuring alternatives; Credit judgment
What They're Looking For.
Must Have
7+ years secured lending underwriting experience
Nice to Have
Prior asset-based lending experience, Understanding of accounting, Understanding of legal documentation, Experience with private equity firms, Cross-border lending experience, Bachelor's Degree in Accounting, Bachelor's Degree in Business Administration, Bachelor's Degree in Finance, Bachelor's Degree in Economics
What You'll Do.
Analyze credit conclusions on complex transactions
Assess collateral quality
Assess historical financial performance
Assess projected financial performance
Assess cash flow sustainability
Assess relevant valuation metrics
Assess market significance
Assess key drivers of enterprise value
Direct the due diligence process
Define scope for due diligence
Coordinate third-party providers for due diligence
Synthesize findings from field examinations
Synthesize findings from appraisals
Synthesize findings from quality of earnings analysis
Synthesize findings from background investigations
Identify material credit risks
Assess material structural risks
Assess material legal risks
Assess material reputational risks
Recommend commercially viable mitigants
Recommend structuring alternatives
Lead management diligence meetings
Evaluate borrower strategy
Evaluate financial discipline
Evaluate operational discipline
Translate insights into underwriting conclusions
Follow-up on critical outstanding items
Meet expected transaction deadlines
Prepare credit approval memos
Prepare funding memos
Present transactions to Credit Committee
Present transactions to senior leadership
Build collaborative partnerships
Foster collaborative partnerships
Lead negotiations of loan documentation
Ensure terms are consistent with credit approval
Manage client expectations
Manage internal stakeholder expectations
Ensure timely completion of internal controls
Ensure accurate completion of internal controls
Ensure timely completion of compliance requirements
Ensure accurate completion of compliance requirements
Ensure timely completion of regulatory requirements
Ensure accurate completion of regulatory requirements
Ensure timely completion of operational requirements
Ensure accurate completion of operational requirements
Leverage approved AI tools
Leverage analytical tools
Enhance underwriting efficiency
Enhance underwriting accuracy
Identify opportunities to improve processes
Identify opportunities to improve documentation quality
Mentor junior talent in underwriting
Provide guidance on credit judgment
Provide guidance on structuring
Provide guidance on professional standards
How You'll Work.
Team & Collaboration
Front-line teams; Operational support; Independent risk management; Business leadership; Borrowers; Sponsors; Counsel; Client stakeholders; Internal stakeholders
Communication Scope
Written communication; Verbal communication; Presentations
Process & Methodology
Transaction execution
Full Job Description
**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'
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