Senior Private Wealth Credit Underwriter

Bank of America; Charlotte (NC); On-site; USD 117,000 - 175,000; Full time

Job summary

Bank of America is seeking a Senior Credit Underwriter within Global Wealth Investment Management to independently manage moderate-to-high complexity credit transactions for ultra-high-net-worth clients. You will lead structured loan requests, perform in-depth financial analysis, and coordinate with Relationship Management, Risk, and legal partners to ensure compliant, timely decisions.

The role emphasizes strong credit judgment, mentoring teammates, and driving revenue growth in a responsible,

Qualifications

• Required: 8+ years of private wealth management credit or commercial credit experience.
• Strong financial analysis, accounting skills, and deal structuring for borrowers with complex balance sheets and income streams.
• Proficiency in Word, Excel and PowerPoint.

Responsibilities

• Manages a portfolio of clients underwriting moderate to high complexity.
• Independently works with Relationship Management, and Risk teammates to understand structuring needs and requirements.
• Delivers financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process.
• Reviews work of junior teammates to provide feedback/coaching and ensure compliance with laws, rules, regulations and policy procedure.
• Has credit approval for certain credit actions.
• Leads loan structure conversations and completion of loan documentation with internal/external legal partners.
• Completes Credit Approval Memos (CAM) and Modifications to obtain credit approval for complex, custom loan products (marketable securities, commercial real estate, fine art, hedge fund, yacht, unsecured and subscription finance).
• Serve as main point of contact for regional portfolio of credit relationships.
• Synthesize appropriate financial information to understand the client’s financial standing, including liquidity, leverage, cash flow, key risks/mitigants and legal structure (trusts, special wealth vehicles, etc.) and apply sound reasoning to arrive at an appropriate credit decision.
• Review and negotiate loan structure and covenants during documentation process, according to creditworthiness, collateral, and risk appetite

Skills

Attention to Detail

Credit and Risk Assessment

Financial Analysis

Underwriting

Written Communications

Analytical Thinking

Credit Documentation Requirements

Financial Forecasting and Modeling

Collaboration

Loan Structuring

Prioritization

Education

Bachelor’s degree in business administration, finance, accounting or economics

Tools

Word

Excel

PowerPoint

Job description

Bank of America is seeking a Senior Credit Underwriter within Global Wealth Investment Management to independently manage moderate-to-high complexity credit transactions for ultra-high-net-worth clients. You will lead structured loan requests, perform in-depth financial analysis, and coordinate with Relationship Management, Risk, and legal partners to ensure compliant, timely decisions.

The role emphasizes strong credit judgment, mentoring teammates, and driving revenue growth in a responsible,