Senior Business Lending Development Consultant

Posted 2 Days Ago
Be an Early Applicant
2 Locations
Hybrid
73K-143K Annually
Mid level
Fintech • Financial Services
The Role
The role involves developing new retail partners for private label credit cards, managing sales, overcoming challenges, and mentoring team members in Business Lending Development.
Summary Generated by Built In

Why Wells Fargo:

Are you looking for more? Find it here. At Wells Fargo, we believe that a meaningful career is much more than just a job. It’s about finding all the elements that help you thrive, in one place. #LivingTheWellLife means you’re supported in life, not just work. It means having a competitive salary, a robust benefits package, and programs to support your work-life balance and well-being. It means being rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And we’re recognized for it! Wells Fargo ranked in the top three on the 2024 LinkedIn Top Companies List of best workplaces “to grow your career” in the U.S.

About this role:  

Wells Fargo is seeking a Senior Business Lending Development Consultant in Personal Lending & Retail Services as part of our Retail Services Team. We partner with retail merchants to issue private label credit cards to consumers for use at their merchant location. This role will personally develop new retail partners within a territory comprised of Illinois, Wisconsin, and NW Indiana.

Learn more about the career areas and lines of business at www.wellsfargojobs.com

In this role, you will:   

  • Lead in moderately complex initiatives and deliverables within Business Lending Development functional area and contribute to large-scale planning related to functional area deliverables.
  • Review and analyze moderately complex business challenges that require an in-depth evaluation of multiple factors within Business Lending Development functional area.
  • Resolve moderately complex issues and lead a team to meet project deliverables while leveraging solid understanding of the function, policies, procedures, and compliance requirements within Business Lending Development functional area.
  • Collaborate and consult with Business Lending Development peers, colleagues, and middle level managers to resolve issues and achieve goals.
  • Conduct Lead Business Lending Development projects or serve as a mentor for less experienced individuals.
  • Manage the sales of Wells Fargo Retail Services private label lending to new merchants within the specified territory.
  • Select and develop sources, leads, and contacts.
  • Solicit new business sales opportunities by proactively calling prospect pools in given territory and conducting in-person sales meeting at their place of business within the territory.
  • Generate strong new business sales and relationships for usage of our products through effective cold calling and in-person new business development meetings with the prospective retailers throughout designated geographic territory.
  • Complete & adhere to sales metrics which measure effective calls, meetings, and new business acquisition.
  • Overnight travel for sales meetings within given geographic territory.
  • May participate in trade shows and sales events as required.
  • May mentor other sales team members in skills and techniques.

Required Qualifications:   

  • 4+ years of Business Lending Development experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

  • 3+ years of business-to-business sales experience
  • Ability to learn sales plans, product lines and services.
  • Excellent verbal, written, and interpersonal communication skills.
  • Intermediate Microsoft Office skills
  • 3 + years of strong prospecting, sales, negotiation, and influence skills
  • 3 + years of new business development experience
  • 3 + years of outside sales experience
  • Sales experience in the financial services industry 
  • Experience meeting or exceeding sales goals with respect to products and/or services.
  • Strong organizational, multi-tasking, and prioritizing skills
  • Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment.
  • Ability to take on a high level of responsibility, initiative, and accountability

Job Expectations:

  • Ability to travel up to 50% of the time
  • Reliable transportation
  • Residency in territory
  • Ability to provide and work from a home office

Location:  

  • 100% remote work location is required for this position however must be based in a one of the major markets within the posting territory, which would be Illinois, Wisconsin, and NW Indiana or surrounding areas

Compensation:

  • The pay range for this position may vary based on location and includes opportunities for commission.

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).

$73,100.00 - $143,000.00

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:

5 May 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: 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.  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.

Top Skills

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The Company
HQ: San Francisco, CA
233,000 Employees
Hybrid Workplace
Year Founded: 1852

What We Do

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation. © 2016 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. We ranked #2 on the 2023 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S.

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