Senior Credit Underwriter, Custom Lending & Wealth

International Association of Insurance Professionals (IAIP); Newport Beach (CA); On-site; USD 117,000 - 175,000; Full time

Benefits offered by this job

Discretionary incentive plan

Benefits eligible

Paid time off

Job summary

Bank of America is seeking a Senior Credit Underwriter to assess creditworthiness and perform comprehensive financial analysis for ultra‑high‑net‑worth clients, including family offices and trusts. The role supports loan decisions, documents memos, and collaborates with Credit Advisors to expand strategic lending relationships.

The position requires 10+ years in commercial/private wealth credit, strong negotiation and communication skills, and proficiency in Excel, Word, and PowerPoint.

Qualifications

• Strong financial analysis, accounting skills, and deal structuring for borrowers with complex balance sheets and income streams.
• 10+ years of commercial and/or private wealth management credit experience.
• Strong negotiation and communication skills.

Responsibilities

• Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility.
• Monitors the client's operating performance and financial condition, proactively identifying issues and opportunities.
• Delivers financial modeling, loan structure, industry, economic, and other analysis to team members to support the loan decision‑making process.
• Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements.
• Mentor and develop Credit Underwriters, supporting skill growth and consistent underwriting quality.

Skills

Financial analysis

Credit structuring

Portfolio management

Negotiation

Communication skills

Excel

Word

PowerPoint

Education

Bachelor's degree in business, finance, accounting or economics

Tools

Excel

Word

PowerPoint

Job description

Bank of America is seeking a Senior Credit Underwriter to assess creditworthiness and perform comprehensive financial analysis for ultra‑high‑net‑worth clients, including family offices and trusts. The role supports loan decisions, documents memos, and collaborates with Credit Advisors to expand strategic lending relationships.

The position requires 10+ years in commercial/private wealth credit, strong negotiation and communication skills, and proficiency in Excel, Word, and PowerPoint.