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Wealth & Investment Management (WIM) is one of the United States' leading providers of financial and investment services. We offer a full range of personalized wealth management, investment, planning, and retirement products and services to help meet clients' unique needs and to help them pursue their financial goals more confidently. We bring together subject matter expertise, products, and services, so it's easier for clients to do business with us and for advisors to support their clients.
Banking, Lending, & Trust (BL&T) unlocks access to Wells Fargo Bank products and services to high-net-worth and ultra-high-net-worth individuals and families based on needs related to banking, custom lending, and trust services. These bank specialists leverage resources, valuable research, relationships, custom solutions, and highly tuned strategies to address clients' unique needs and aspirations.
Provides support to WIM in providing services to affluent, high net worth and ultra-high net worth individuals, families, family offices and charities. BL&T further provides legal guidance on a variety of banking and fiduciary topics including investment management, general trust administration, specialty trusts, custody, tax, specialty assets, regulatory, privacy, ecommerce, deposit relationship and strategy, and business strategies. The section also provides support to the WIM Diverse Segments group, including WIM referral activity.
About this role:
Wells Fargo is seeking a Wealth Underwriting Senior Manager - Alternative Investments...Working at Wells Fargo | Jobs and Careers at Wells Fargo (wellsfargojobs.com)
The Specialty Finance Group (SFG) is a national team within Wealth & Investment Management (WIM) Custom Credit that provides specialized expertise by structuring, underwriting and managing large and highly complex commercial-type credits for Ultra-High Net Worth individuals and families.
This role will lead a team focused on credit delivery within SFGs lending platform, which includes lending profiles with significant Private Capital and Hedge Fund investment portfolios. Given this, it will be critical for this individual to be a thought leader with significant experience in this Alternatives sector. This individual will lead a team of underwriters that has responsibility for vetting, structuring, and managing credits and risk with concentration in the Alternatives and family office sectors This leader will also underwrite and recommend credit facilities across the spectrum of SFG’s lending area such as: semi-liquid securities (restricted/concentrated stock positions, OPUs, etc.), private stock, and other complex situations and non-traditional asset classes.
In this role, you will:
- Maintain subject matter expertise in the Alternative Investment industry and other lending areas.
- Provides recommendations and guidance to clients, relationship managers, Custom Credit Bankers and senior credit approvers during all aspects of the credit structuring, underwriting, approval, delivery and ongoing risk management processes.
- Manage a team of underwriters to deliver high quality custom credit solutions in this specialized area; Leads the efficient, accurate and timely delivery of credit by managing and balancing production of day-to-day origination, underwriting and portfolio management through the supervision of others.
- Exercise approval authority on new and existing credit requests as well as other operational items including exceptions and overrides; drives a consistent and balanced credit culture by managing asset quality standards with growth objectives.
- Oversee the team’s portfolio management functions and processes to ensure loan performance, compliance with financial reporting and covenant requirements, maintenance of risk rating accuracy and escalation of problem credits;
- Ensure appropriate legal documentation of credit transactions in compliance with Company standards and approved credit terms.
- Ensure compliance with government regulatory requirements as well as company credit policies and procedures
*Additional WIM hub locations may be considered for this position.
Required Qualifications:
- 6+ years of Wealth Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 3+ years of management or leadership experience
Desired Qualifications:
- Deep understanding of Private Capital, Hedge Fund structures, and other illiquid or non‑traditional asset classes.
- Proven success leading and developing high‑performing underwriting or credit teams.
- Experience structuring bespoke lending solutions for Ultra-high Net Worth clients.
- Strong analytical and decision‑making skills with the ability to balance risk and growth objectives.
- Excellent communication and stakeholder partnership skills, with the ability to influence at senior levels.
- Demonstrated ability to navigate regulatory requirements and maintain strong control discipline.
Job Expectations:
