Senior UHNW Mortgage Underwriter

Bank of America; Charlotte (NC); On-site; USD 95,000 - 125,000; Full time

Job summary

Bank of America is hiring for a senior credit underwriting role focused on custom mortgage solutions for ultra-high-net-worth clients within Global Wealth and Investment Management. The position involves analyzing personal financials, coordinating with wealth managers, and ensuring timely loan bookings.

The ideal candidate has 3+ years of credit experience, strong understanding of tax returns and cash flow, and can assess risks and structure credit appropriately.

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

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

Skills

Analytical Thinking

Financial Analysis

Financial Forecasting and 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

Tools

Job description

Bank of America is hiring for a senior credit underwriting role focused on custom mortgage solutions for ultra-high-net-worth clients within Global Wealth and Investment Management. The position involves analyzing personal financials, coordinating with wealth managers, and ensuring timely loan bookings.

The ideal candidate has 3+ years of credit experience, strong understanding of tax returns and cash flow, and can assess risks and structure credit appropriately.