Senior Secured Lending Underwriter

3 weeks ago


Bengaluru, India WELLS FARGO BANK Full time
About the role:

Wells Fargo is seeking a Senior Secured Underwriter responsible for handling a portfolio of Asset Based Lending clients on a variety of credit tasks in collaboration with the US team. We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow

In this role, you will:
  • Manage a portfolio of Secured Lending clients, which includes regular monitoring with trend analysis, covenant calculation, risk rating, facility renewals, financial analysis credit write-up, industry analysis, company background, collateral analysis etc.
  • Monitor timely receipt of customer documents like financials/ compliance certificate etc and review the same for accuracy.
  • Track and monitor performance of assigned portfolio and take necessary actions/decisions for any improvement or deterioration in financial performance.
  • Contribute to automation efforts aimed at improving efficiency and process improvements.
  • Maintain regular connects with the domestic team.
  • Build in-depth knowledge of the process and become an SME for process-related activities.
  • Collaborate and consult with Secured Lending Underwriting peers, colleagues, and middle level managers to resolve issues and achieve goals.
  • Maintain reporting requirements for the team.
  • Quick learner and self-motivated
Required Qualifications:
  • 6+ years of experience in Financial Services, assessing and meeting the needs of customers, solving customer problems, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Desired Qualification:
  • MBA (Finance), CFA or Chartered Accountant
  • 5-7 years of Secured Lending Underwriting experience/ credit rating
  • Strong verbal and written Communication skills
In this role, you will:
  • Manage a portfolio of Secured Lending clients, which includes regular monitoring with trend analysis, covenant calculation, risk rating, facility renewals, financial analysis credit write-up, industry analysis, company background, collateral analysis etc.
  • Monitor timely receipt of customer documents like financials/ compliance certificate etc and review the same for accuracy.
  • Track and monitor performance of assigned portfolio and take necessary actions/decisions for any improvement or deterioration in financial performance.
  • Contribute to automation efforts aimed at improving efficiency and process improvements.
  • Maintain regular connects with the domestic team.
  • Build in-depth knowledge of the process and become an SME for process-related activities.
  • Collaborate and consult with Secured Lending Underwriting peers, colleagues, and middle level managers to resolve issues and achieve goals.
  • Maintain reporting requirements for the team.
  • Quick learner and self-motivated
Posting End Date:
26 Nov 2024
*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: 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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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.



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