Senior UHNW Mortgage Credit Underwriter

Mmbba; Phoenix (AZ); Hybrid; USD 110,000 - 140,000; Full time

Job summary

Bank of America is seeking an experienced mortgage underwriter for ultra-high-net-worth clients. You will collaborate with private banking teams to analyze financial statements, structure credit solutions, and manage lending approvals.

SAFE Act requirements apply to residential loan originations, with background checks and ongoing compliance. The role requires 3+ years of credit experience, strong Excel skills, and a deep understanding of risk assessment and underwriting for complex estates.

Qualifications

• 3+ years of commercial or ultra-high-net-worth/complex client credit experience.
• Strong familiarity with personal tax returns and financial statements.
• Ability to analyze complex cash flows involving multiple income streams.

Responsibilities

• Analyze and spread complex personal financial information using advanced Excel workbooks.
• Identify potential risks and mitigants; elevate issues to the appropriate approver for resolution.
• Manage multiple transactions simultaneously throughout the loan lifecycle, from application to booking.
• Regularly communicate and collaborate with partners across multiple lines of business to ensure alignment and timely execution.

Skills

Analytical Thinking

Financial Analysis

Financial Forecasting & Modeling

Profitability Analysis

Attention to Detail

Business Acumen

Credit and Risk Assessment

Underwriting

Written Communications

Collaboration

Critical Thinking

Portfolio Analysis

Prioritization

Technical Documentation

Education

Bachelor's degree in Business Administration, Finance, Accounting, or Economics

High School Diploma / GED / Secondary School or equivalent

Formal credit training at a major U.S. financial institution

Tools

Excel

Job description

Bank of America is seeking an experienced mortgage underwriter for ultra-high-net-worth clients. You will collaborate with private banking teams to analyze financial statements, structure credit solutions, and manage lending approvals.

SAFE Act requirements apply to residential loan originations, with background checks and ongoing compliance. The role requires 3+ years of credit experience, strong Excel skills, and a deep understanding of risk assessment and underwriting for complex estates.