Equipment Finance Underwriting Manager

Posted Yesterday
Be an Early Applicant
Chicago, IL, USA
Hybrid
139K-260K Annually
Senior level
Fintech • Financial Services
Wells Fargo: Tech-powered. Innovation-led. We're transforming financial services.
The Role
Manages an Equipment Finance Underwriting team supporting commercial vehicle dealer and floorplan financing. Oversees lending decisions, credit processes, resources, talent development, client relationships, process improvements, and risk-based financing solutions. Partners with sales, credit, legal, risk, and operations teams while managing commercial loan and lease transactions. The role requires equipment finance underwriting and leadership experience, supports hybrid work, and involves up to 15% travel.
Summary Generated by Built In
About this role:
Wells Fargo is seeking an Equipment finance Underwriting Manager, supporting the Dealer and Floorplan space within the Commercial Vehicle Group (CVG). This role will focus on developing new business, growing existing client relationships, and partnering with credit and internal teams to structure and execute tailored financing solutions.
The WFEF Commercial Vehicle Group (CVG) Underwriter is responsible for the underwriting and management of titled vehicle vendor, leasing or finance, and third party origination programs where there is high reliance on the program counterparty. This includes managing floorplan relationships with transportation equipment dealers.
In this role, you will:
  • Manage and develop an Equipment Finance Underwriting team in making lending decisions on a wide range of loan and lease products
  • Provide input and feedback to the individuals as required
  • Identify opportunities for process improvement and productivity enhancement in Equipment Finance Underwriting functional area
  • Make decisions and resolve issues regarding resources, objectives, and operations of Equipment Finance Underwriting functional area and team to meet business objectives
  • Manage other teams responsible for credit process as well
  • Collaborate and consult with Equipment Finance Underwriting peers, colleagues, and multiple managers to move out routine operational activities
  • Manage allocation of people and financial resources for Equipment Finance Underwriting
  • Mentor and guide talent development of direct reports and assist in hiring talent

Required Qualifications:
  • 5+ years of Equipment Finance Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 2+ years of Leadership experience

Desired Qualifications:
  • Experience in equipment finance, commercial lending, dealer finance, or floorplan financing
  • Experience developing new business and managing commercial client relationships
  • Strong financial analysis and credit skills, including reviewing financial statements and assessing credit risk
  • Experience structuring, negotiating, and executing commercial lease or loan transactions
  • Ability to partner effectively with sales, credit, risk, operations, legal, and other internal teams
  • Experience managing multiple transactions and priorities in a fast-paced environment
  • Strong relationship-building, negotiation, and problem-solving skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong attention to detail, organization, and personal accountability
  • Ability to work independently while collaborating effectively across teams
  • Experience supporting AI initiatives and process improvements to streamline workflows, improve efficiency, and enhance business processes.

Job Expectations:
Ability to travel up to 15% of the time
Ability to work a hybrid work schedule
This position does not support Visa Sponsorship
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
Job Locations:
  • 10 S Wacker Dr - Chicago, IL 60606
  • 83 Wooster Hts DANBURY, CT 06810
  • 5000 Riverside Rd - Irving, TX 75039
  • 600 S 4th St - Minneapolis, MN 55415

Additional Information:
Minnesota - Minneapolis Pay Range: $153,000-$239,000
Illinois - Chicago Pay Range: $153,000-$239,000
Texas - Irving Pay Range: $139,000-$217,000
Danbury- Connecticut Pay Range: $167,000-$260,000
#CommercialBanking
Pay Range
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.
$139,000.00 - $260,000.00
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:
19 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

Skills Required

  • 5+ years of Equipment Finance Underwriting experience, or equivalent experience, training, military experience, or education
  • 2+ years of leadership experience
  • Experience in equipment finance, commercial lending, dealer finance, or floorplan financing
  • Experience developing new business and managing commercial client relationships
  • Strong financial analysis and credit skills, including reviewing financial statements and assessing credit risk
  • Experience structuring, negotiating, and executing commercial lease or loan transactions
  • Ability to partner effectively with sales, credit, risk, operations, legal, and other internal teams
  • Experience managing multiple transactions and priorities in a fast-paced environment
  • Strong relationship-building, negotiation, and problem-solving skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong attention to detail, organization, and personal accountability
  • Ability to work independently while collaborating effectively across teams
  • Experience supporting AI initiatives and process improvements to streamline workflows and improve business processes

Wells Fargo Compensation & Benefits Highlights

  • Retirement Support — Retirement offerings are highlighted by a strong 401(k) with employer matching and added options like after‑tax contributions and an employee stock purchase plan, supporting long‑term savings. These features are presented as competitive elements of the total rewards package.
  • Healthcare Strength — Medical, dental, and vision coverage are described as comprehensive, often starting on day one for eligible employees, with HSAs/FSAs, wellness incentives, and mental health resources available. Specialized care options, including fertility support, further enhance the health offering.
  • Parental & Family Support — Paid parental leave of notable duration is available from the start of employment, alongside adoption/surrogacy/fertility programs. Caregiving and backup care resources deepen the family-oriented support.

Wells Fargo Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: San Francisco, CA
205,000 Employees
Year Founded: 1852

What We Do

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.2 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. Our technology professionals drive innovation, information security, and big data analytics while maintaining a network that handles more than 12 billion customer interactions a year. Join us! Are you looking for more? Find it here. At Wells Fargo, we're more than a financial services leader – we’re a global trailblazer committed to driving innovation, empowering communities, and helping our customers succeed. We believe that a meaningful career is much more than just a job – it’s about finding all of the elements to help you thrive, in one place. Living the Well Life means you’re supported in life, not just work. It means having robust benefits, competitive compensation, and programs designed to help you find work-life balance and well-being. You’ll be rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And we’re recognized for it — Wells Fargo continues to rank on the LinkedIn Top Companies lists of best workplaces “to grow your career.” 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. © 2026 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.

Why Work With Us

We're known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. Wells Fargo continues to rank on the LinkedIn Top Companies lists of best workplaces “to grow your career.”

Gallery

Gallery
Gallery
Gallery
Gallery

Wells Fargo Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: 3 days a week
HQSan Francisco, CA
Bangalore, Bangalore
Belfast, GB
Bengaluru, Karnataka
Chandler, AZ
Charlotte, NC
Technology Center
Hyderabad, Telangana
Irving, TX
New York, NY
New York, NY
Phoenix, AZ
Learn more

Similar Jobs

Hybrid
Chicago, IL, USA
205000 Employees
29K-52K Hourly
Hybrid
Chicago, IL, USA
205000 Employees
185K-300K Annually

Wells Fargo Logo Wells Fargo

Consultant

Fintech • Financial Services
Hybrid
Chicago, IL, USA
205000 Employees
139K-260K Annually

Wells Fargo Logo Wells Fargo

Relationship Banker Westchester IL

Fintech • Financial Services
Hybrid
Westchester, IL, USA
205000 Employees
27K-41K Hourly

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account