Secured Lending Underwriter

💰 $3,200 - $5,120 (Est.) 📍 Chicago

Job Description

About this role:

At Wells Fargo, we are looking for talented people who will put our customers at the center of Everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wells Fargo is seeking a Secured Lending Underwriter within our Commercial Banking team.

Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:
• Participate in the partnership with the Underwriting team on all aspects of new business transaction process
• Perform financial analysis, calculate financial covenants, and prepare financing memorandum within Secured Lending Underwriting
• Review basic issues, policies, or procedures where answers can quickly be obtained related to low to medium risk and deliverables
• Receive direction from Secured Lending Underwriting supervisor and exercise independent judgement while developing understanding of function, policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals

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

Desired Qualifications:
• Inventory Finance experience
• Commercial Banking Underwriting experience
• 2+ years of secured lending experience
• B.A. degree or equivalent, in Accounting, Business, Finance or Economics
• Experience in Finance or Asset-Based lending
• Accounting and finance knowledge
• Proficient in MS Office: PowerPoint, Excel, and Word

Job Expectations:
• This position is not eligible for Visa sponsorship
• This position offers a hybrid work schedule
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process
• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards

#CommercialBank

Additional Information:
• Atlanta - Georgia Pay Range: $87,000-$140,000 USD annually (this range may not be applicable to other locations)
• Chicago - Illinois Pay Range: $96,000-$154,000 annually (this range may not be applicable to other locations)
• Hoffman Estates - Illinois Pay Range: $96,000-$154,000 annually (this range may not be applicable to other locations)
• Charlotte - North Carolina Pay Range: $87,000-$140,000 USD annually (this range may not be applicable to other locations)
• Irving - TexasPay Range: $87,000-$140,000 USD annually (this range may not be applicable to other locations)

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.

Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).
$87,000.00 - $154,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. VisitBenefits - 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

Posting End Date:

24 Apr 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, ****** 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, visitDisability Inclusion at Wells Fargo.

Drug and ******* Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and ******* 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.

💡 Quick Summary

Seeking a career-building opportunity? The Secured Lending Underwriter position is now open for candidates interested in the Bank Jobs sector. This role in Chicago offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

Sponsored

Job Details

Company Name: Wells Fargo

Frequently Asked Questions

Click the Apply Now button on this page, login or register for free on CallCenterJob.co.in, fill in your name, mobile number, city, and experience, then submit your application. The recruiter will contact you directly.
The expected salary for Secured Lending Underwriter in Chicago is $3,200 - $5,120 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Secured Lending Underwriter is an on-site position based in Chicago. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Secured Lending Underwriter. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
Yes, CallCenterJob.co.in is completely free for job seekers. Never pay money to apply for any job. If anyone asks for payment to process your application, report it immediately using the "Report this Job" button.

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