Small Business Underwriter

**About this role:** Wells Fargo is seeking a Small Business Underwriter to support Consumer and Small Business Banking. As a Small Business Underwriter, you will be responsible for analyzing and underwriting loans for Small Business customers as well gathering, analyzing, and evaluating risk exposure through appropriate risk documentation and underwriting procedures. **In this role, you will:** + Participate in less complex consumer requests and products with few deviations + Identify opportunities for decisions and scoring system improvements + Review basic consumer requests related to decisions, products and process + Gather information to make appropriate decisions + Ensure products meet company and industry guidelines + Present recommendations for resolving consumer requests and program risks and exercise independent judgment while developing expertise in the programs, collateral, small business requirements and risk + Collaborate and consult with managers, internal and external business partners and more experienced underwriters **Required Qualifications:** + 2+ years of underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education **Desired Qualifications:** + 2+ years experience in having confident constructive conversations with customers, including the skill of navigating difficult conversations + 2+ years experience reviewing personal and business financial statements and tax returns for small business loan applicants with revenue up to $25MM + 2+ years of judgmental underwriting small business revolving line of credit requests between $100,000.00 and $1,000,000.00 + Ability to thoroughly analyze personal or business financial statements and tax returns (including pass-through entities) to determine asset quality, cash flow, primary sources of repayment, secondary sources of repayment and communicate findings in a concise manner + Proficient in uncovering the customer's purpose and need for a revolving line of credit and the cash flow drivers of the customer's Operating Cycle + Understanding the quality and liquidity of Accounts Receivable and analyzing Accounts Receivable and Accounts Payable aging and listing reports + Ability to demonstrate proficient analytical skills with high attention to detail and accuracy while balancing multiple priorities + Good working knowledge of Banking Regulations not limited to Fair Lending and Regulation B. + Experience meeting high production and quality standards in a fast paced, production environment. + Excellent verbal, written, and interpersonal communication skills. + Proficient in Microsoft Office + Ability to take initiative and work independently with minimal supervision in a structured matrix environment. + Ability to work effectively in a team environment and partnering with other teams where flexibility, collaboration, and adaptability is essential. **Job Expectations:** + 0-30 days: learn systems, polices, procedures and complete assigned development courses. + 31-90 days: train one on one with peers (in person/virtual) to learn how to prepare revolving line of credit Credit Approval Presentations (CAP). + >90 days: independently prepare and submit Credit Approval Presentations with approval or decline recommendations. + Underwrite revolving line of credit loan requests from small business applicants in accordance with bank policy and risk tolerances, in a production environment. **Posting End Date:** 12 Jun 2025 **_*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. 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. **Req Number:** R-462326