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Private/Business Loan Job In Wells Fargo At Minneapolis, MN

Private/Business Loan Underwriter 2 - SBA Lending Details

Wells Fargo - Minneapolis, MN

Employment Type : Full-Time

Job Description


Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Commercial Banking provides financial solutions to businesses with annual sales generally in excess of $5 million. Our business lines are Wells Fargo Commercial Capital, Middle Market Banking, and Treasury Management & Payment Solutions.

Middle Market Banking
o Services private and public companies with annual sales of $5 million to $2 billion
o Specialized expertise across industry sectors

SBA (Small Business Administration) Lending is part of the Specialized Industries Group within Commercial Banking. As a whole, SBA is responsible for the production, management and servicing of approximately a $10B portfolio of government guaranteed SBA 7(A) loans and 504 real estate loans.

Responsible for reviewing small or less complex business banking, commercial, and high net worth loan packages according to business unit standards.

Functions may include:
  • Extending credit to and monitoring loan portfolios investigation, analysis and review of credit of standards to determine credit worthiness
  • Handling problem loans/workouts to determine remedies if needed
  • Communicating underwriting decisions
  • Provide customer assistance as needed

Other locations may be considered based on availability.

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.


Required Qualifications


  • 2+ years of underwriting experience


Desired Qualifications


  • Excellent verbal, written, and interpersonal communication skills
  • Good analytical skills with high attention to detail and accuracy
  • Residential or commercial loan experience


Salary Information


The salary range displayed below is based on a Full-time 40 hour a week schedule.

CA-Roseville: Min: $54,600 Mid: $75,900 Max: $97,200
MN-Minneapolis: Min: $49,700 Mid: $69,000 Max: $88,300


Street Address


CA-Roseville:
1620 E Roseville Pky - Roseville, CA
MN-Minneapolis: 600 S 4th St - Minneapolis, MN

Posted on : 3 years ago