Wisconsin Economic Development Corporation

Position Description

Position Title: Financial Underwriter

Department: Strategic Investment & Evaluation

Reports to: Senior Financial Underwriting Director

Position(s) Supervised: N/A

FLSA Status: Exempt

*WEDC is a Wisconsin-based organization, with a remote-work first environment. Remote work is intended to be performed in the State of Wisconsin.

Position Summary

The Financial Underwriter is primarily responsible for award underwriting and providing financial assistance for business and community development. This position is a key business member of a project team, participates in project development, disseminates project information, and is an active participant in project-related work groups and committees. The Financial Underwriter provides technical support to and underwriting of all WEDC financial offerings.

This position advances WEDC’s mission by helping deploy strategic financial resources that strengthen Wisconsin’s economy and expand opportunities for its people, communities and businesses.

Responsibilities

The Financial Underwriter will spend a majority of their time in these activities:

· Evaluate applicants using established criteria, drawing on a thorough understanding of financial information.

· Support the integrity of WEDC programs by assessing eligibility and risk in alignment with program guidelines, statutory requirements, and compliance standards.

· Contribute to a knowledgeable and capable team by sharing expertise and offering training when necessary.

· Maintain accurate and reliable records that support organizational transparency and regulatory needs.

· Collaborate across divisions and participate in initiatives that strengthen program effectiveness, enhance processes, and advance strategic goals.

· Provide flexibility in taking on responsibilities as requested to support the team, divisional, and organizational priorities.

· Pursue professional growth and continuous learning with company-supported opportunities to further develop skills and apply new knowledge.

· Represent WEDC in public settings, cultivating positive relationships with partners and stakeholders.

· Other duties as assigned.

Education and Experience:

• Bachelor's degree in Business, Finance, Economics, Accounting, related field or comparable education/experience/training.
• Minimum of three years of experience in underwriting or related field.

Skills & Talents:

· Attention to detail, supported by quantitative, analytical, critical thinking, and problem-solving skills

· Strong customer service skills.

· Proficient use of Microsoft tools (Outlook, SharePoint, Teams, Excel, Word, and PowerPoint) as well as Salesforce.

· The ability to work with clients of varied and diverse backgrounds.

· Negotiation and interpersonal skills.

· Strong written and verbal communication skills to deal effectively with senior executives, as well as diverse groups of people internal and external to the organization.

· Confidence in operating within a client-facing environment.

Other Requirements

• State-wide travel may occur on an occasional basis, less than 20% of the time. Travel may include day and overnight travel.
• Based on the responsibilities of this position, this position may need to lift and/or move up to 10 pounds.

WEDC DIVERSITY, EQUITY, INCLUSION & BELONGING STATEMENT

WEDC must be a diverse and inclusive organization reflective of the businesses, communities, and people in Wisconsin and beyond. We believe that diversity drives innovation and commit to create an inclusive, equitable and diverse workplace where our differences are celebrated as drivers of our organization’s performance.

TO SUPPORT A DIVERSE AND INCLUSIVE WORKFORCE AT WEDC, WE WILL WORK TO ACHIEVE THE FOLLOWING GOALS:

• Increase WEDC’s racial diversity, specifically with Black/African American, Native American and Latinx populations;
• Increase LGBTQ representation across WEDC; and
• Increase the diversity of WEDC’s leadership.

TO MEET OUR DIVERSITY AND INCLUSION GOALS, WEDC WILL TAKE THE FOLLOWING ACTIONS:

• Create an intentional approach to recruit minority candidates by using targeted media channels to promote open positions;
• Ensure formal offers are made only after a diverse pool of candidates have been considered at each hiring stage;
• Identify and develop a variety of employee resource groups, including groups for African Americans, Hispanics and Latinos, LGBTQ+ and more;
• Post signage to highlight WEDC’s commitment to diversity and inclusion; and
• Revisit EEO disclosures in our application process to highlight statements regarding WEDC’s commitment to diversity, equity, inclusion and belonging.

Equal Employment Opportunity Statement

Wisconsin Economic Development Corporation is an Equal Opportunity Educational Institution and EEO/Affirmative Action Employer committed to excellence through diversity. Employment offers are made on the basis of qualifications, and without regard to race, sex, religion, national or ethnic origin, disability, age, veteran status, or sexual orientation.

Veteran Declaration

Applicants for employment are invited to participate in affirmative action program by reporting their status as a protected veteran or other minority. In extending this invitation, we advise you that: (a) workers (applicants) are under no obligation to respond but may do so in the future if they choose; (b) responses will remain confidential within the human resource department; and (c) responses will be used only for the necessary information. Refusal to provide this information will have no bearing on your application and will not subject you to any adverse treatment.
** PROTECTED VETERAN DEFINITION

Protected veteran means a veteran who may be classified as an active duty wartime or campaign badge veteran, disabled veteran, Armed Forces service medal veteran or recently separated veteran.

Active duty wartime or campaign badge veteran means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

Armed Forces service medal veteran means any veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985 (61 FR 1209, 3 CFR, 1996 Comp., p. 159).

Disabled veteran means (1) a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs, or (2) a person who was discharged or released from active duty because of a service-connected disability.

Recently separated veteran means a veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval or air service.

* EEOC RACE/ETHNIC IDENTIFICATION CATEGORIES

Hispanic or Latino - A person of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin regardless of race.

White (not Hispanic or Latino) - A person having origins in any of the original peoples of Europe, the Middle East or North Africa.

Black or African American (not Hispanic or Latino) - A person having origins in any of the black racial groups of Africa.

Native Hawaiian or Other Pacific Islander (not Hispanic or Latino) - A person having origins in any of the peoples of Hawaii, Guam, Samoa or other Pacific Islands.

Asian (not Hispanic or Latino) - A person having origins in any of the original peoples of the Far East, Southeast Asia or the Indian Subcontinent, including, for example, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippine Islands, Thailand and Vietnam.

American Indian or Alaska Native (not Hispanic or Latino) - A person having origins in any of the original peoples of North and South America (including Central America) and who maintain tribal affiliation or community attachment.

Two or more races (not Hispanic or Latino) - All persons who identify with more than one of the above races.