Lead Wealth Underwriter - Legal Specialty Group

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.

Wealth & Investment Management (WIM) is one of the United States' leading providers of financial and investment services. We offer a full range of personalized wealth management, investment, planning, and retirement products and services to help meet clients' unique needs and to help them pursue their financial goals more confidently. We bring together subject matter expertise, products, and services, so it's easier for clients to do business with us and for advisors to support their clients.

Banking, Lending, & Trust (BL&T) unlocks access to Wells Fargo Bank products and services to high-net-worth and ultra-high-net-worth individuals and families based on needs related to banking, custom lending, and trust services. These bank specialists leverage resources, valuable research, relationships, custom solutions, and highly tuned strategies to address clients' unique needs and aspirations.

Provides support to WIM in providing services to affluent, high net worth and ultra-high net worth individuals, families, family offices and charities. BL&T further provides legal guidance on a variety of banking and fiduciary topics including investment management, general trust administration, specialty trusts, custody, tax, specialty assets, regulatory, privacy, ecommerce, deposit relationship and strategy, and business strategies.

Wells Fargo is seeking a Lead Wealth Underwriter for Legal Specialty Group (LSG)...Working at Wells Fargo | Jobs and Careers at Wells Fargo (wellsfargojobs.com)

In this role, you will:

• In this position, candidates analyze complex financial and credit information for law firms according to business unit standards.  Underwrites commercial loans with high aggregate credit exposure and may manage a credit portfolio of clients.  Compiles, analyzes, and documents loan data and credit risk, borrower and property information. 

• Candidate must be experienced in financial analysis, underwriting and structuring of highly complex commercial banking relationships. As a member of the Legal Specialty Group ( LSG ), candidate will partner with Private Bankers and Regional Directors in LSG to deliver high-quality custom credit solutions that result in a positive client experience.

• Demonstrate knowledge of WIM Credit Policies and regulatory compliance requirements while serving commercial clients (law firms). Expected to exercise independent judgment and work with minimal direct supervision.

• Experience with legal documents and working with outside legal counsel; reviewing legal documents and leading negotiations is required.

• Expected to excel in credit structuring and communicating recommendations verbally and in writing. Regularly monitors and services existing portfolio and communicates findings and recommend solutions to management in a timely manner

Required Qualifications:

• 5+ years of Wealth Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Preferred competencies include legal industry experience, capital markets expertise. Formal commercial credit training desirable.   Wealth related underwriting/lending experience a plus.

• Thorough knowledge of financial accounting theory and logic, loan structuring, commercial products and services is needed for this role. 

• Strong interpersonal skills and communication skills.  Must have top partnering skills; the ability to interpret and discuss analytical data; and the ability to multitask and prioritize.  

• Proficient with computers and software applications (MSA, MS Excel, MS Word, other MS Office Suite applications, etc.) and applicable mainframe systems. 

• Bachelor's degree preferred

Job Expectations:

• Ability to travel up to 20%.

• Specific compliance policies may apply regarding outside activities and/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.

Pay Range
 

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