Wells Fargo

Financial Services

SeniorAssetBasedLendingUnderwriter

$159–305k Los Angeles, California, United States FULL TIME
The Brief

“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.

Financial Services
Problems you'll solve

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

Free ATS check

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