Underwrites secured lending transactions within Commercial Banking by performing financial analysis, calculating covenants, preparing financing memoranda, reviewing low- to medium-risk issues, and ensuring compliance with policies and procedures. The role collaborates with underwriting colleagues and managers, exercises growing independent judgment, and supports new business transactions. Inventory finance, asset-based lending, and commercial banking underwriting experience are preferred.
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:
Required Qualifications:
Desired Qualifications:
Job Expectations:
Additional Information:
#CommercialBank
Pay Range
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).
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.
$87,000.00 - $168,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
Posting End Date:
8 Oct 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, sexual 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, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol 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.
#BI-Hybrid
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
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: $104,000-$168,000 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 - Texas Pay Range: $87,000-$140,000 USD annually (this range may not be applicable to other locations)
#CommercialBank
Pay Range
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).
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.
$87,000.00 - $168,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - 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:
8 Oct 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, sexual 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, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol 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.
#BI-Hybrid
Wells Fargo San Francisco, California, USA Office
420 Montgomery St, San Francisco, CA, United States, 94103
Similar Jobs at Wells Fargo
Fintech • Financial Services
Provides banking support across multiple branch locations, including account openings, service requests, credit applications, cash handling, and teller activities. Builds customer relationships through proactive conversations, identifies financial needs, recommends products and services, and makes referrals. Uses digital banking tools, follows risk and compliance controls, and collaborates with branch teams. Requires travel throughout the assigned geography, Saturday availability, SAFE registration, and compliance with loan-origination requirements.
Top Skills:
Digital Banking Tools
Fintech • Financial Services
Oversee fiduciary death settlement services for estates and trusts, including probate administration, asset collection, valuation, property delivery or sale, and compliance with governing documents and applicable laws. Partner with investment managers, clients, attorneys, accountants, beneficiaries, vendors, and bank teams. Research complex issues across jurisdictions, manage client relationships and account risk, and travel extensively to secure and marshal tangible personal property. May mentor colleagues and work nights or weekends.
Top Skills:
ExcelMicrosoft OutlookMicrosoft PowerpointMicrosoft TeamsMicrosoft Word
Fintech • Financial Services
Build customer relationships in a branch setting, identify financial needs, recommend banking products, support account openings and credit applications, process cash transactions, and provide compliant service. The role requires bilingual Spanish and English communication, proactive outreach, digital tool adoption, teamwork, Saturday availability, and successful completion of language, background, and SAFE registration requirements.
What you need to know about the San Francisco Tech Scene
San Francisco and the surrounding Bay Area attracts more startup funding than any other region in the world. Home to Stanford University and UC Berkeley, leading VC firms and several of the world’s most valuable companies, the Bay Area is the place to go for anyone looking to make it big in the tech industry. That said, San Francisco has a lot to offer beyond technology thanks to a thriving art and music scene, excellent food and a short drive to several of the country’s most beautiful recreational areas.
Key Facts About San Francisco Tech
- Number of Tech Workers: 365,500; 13.9% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Google, Apple, Salesforce, Meta
- Key Industries: Artificial intelligence, cloud computing, fintech, consumer technology, software
- Funding Landscape: $50.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Sequoia Capital, Andreessen Horowitz, Bessemer Venture Partners, Greylock Partners, Khosla Ventures, Kleiner Perkins
- Research Centers and Universities: Stanford University; University of California, Berkeley; University of San Francisco; Santa Clara University; Ames Research Center; Center for AI Safety; California Institute for Regenerative Medicine

