Senior Equipment Finance Underwriter

Wells Fargo is seeking a Senior Equipment Finance Underwriter to join the Equipment Finance team within Commercial Bank. The role is based in Chicago, IL with a hybrid schedule, combining in-office and remote work. This position supports a customer-centric approach as part of Wells Fargo's ongoing efforts to strengthen the business and risk controls.

What you will do

• Lead or participate in research to assess the creditworthiness of moderately complex commercial or business loan and lease requests within Equipment Finance Underwriting
• Review and evaluate moderately complex loan and lease requests that require in-depth analysis
• Perform periodic reviews on assigned portfolio credits and maintain risk ratings and related data in systems of record
• Approve loans or leases within delegated credit authority and recommend transactions beyond that authority as appropriate
• Collaborate with Equipment Finance Underwriting peers, colleagues, and middle managers to meet business objectives
• Partner with internal and external business associates to collect information needed for informed decision making

Required Qualifications

• 4+ years of Equipment Finance Underwriting experience, or equivalent demonstrated through a combination of work experience, training, military experience, or education

Desired Qualifications

• Experience underwriting within the transportation industry
• Bachelor's degree in accounting, business, economics, finance, or related field
• Experience underwriting transactions and exposures exceeding $1 million
• Financial analysis experience
• Proficiency with Microsoft Office applications, including Excel, Word, and PowerPoint

Job expectations and eligibility

• This position is not eligible for visa sponsorship
• Hybrid work arrangement: four days in the office and one day remote
• Compliance policies may apply regarding outside activities or personal investing; affected employees will provide information to the Wells Fargo Personal Account Dealing Team and follow policy requirements if hired
• Eligible for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards

Compensation and benefits

Pay ranges vary by location. For Chicago, Illinois, the base pay range is $110,000 to $179,000 USD annually, and a similar range applies in Minneapolis, MN. The posted base range is a component of the total compensation package and may vary based on factors such as achievements, skills, experience, and work location. Total rewards may include additional forms of compensation such as sales incentives and equity in the form of Restricted Stock Units, depending on the role.

Benefits include a comprehensive set of plans and programs, such as health benefits and a 401(k) plan, along with paid time off and a broad array of coverage options. Other benefits consist of disability benefits, life insurance, critical illness insurance, accident insurance, parental leave, and critical caregiving leave. Employees may also access discounts and savings, commuter benefits, tuition reimbursement, and scholarships for dependent children, as well as adoption reimbursement.

Posting details

Posting End Date: 10 Apr 2026. The posting may be withdrawn earlier if there is a high volume of applicants. Location: Chicago, Illinois, with contextual pay information also noting Minneapolis, MN.

Background on compensation and benefits is provided to reflect the base pay range offered for this position. Salary is only one part of Wells Fargo's total rewards package, and additional compensation such as incentives or equity may be included where applicable.

Equal opportunity and accommodations

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.

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. See the Drug and Alcohol Policy for more details.

Wells Fargo Recruitment and Hiring Requirements: Third-Party recordings are prohibited unless authorized by Wells Fargo. You are expected to accurately represent your own experiences during the recruiting and hiring process.