Senior UHNW Private Mortgage Underwriter

Nacba; Phoenix (AZ); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Bank of America is seeking an experienced underwriter for ultra-high-net-worth client credit within the Global Wealth and Investment Management division. The role involves analyzing personal financial statements, preparing credit packages, and ensuring timely loan booking.

The candidate will collaborate with private banking teams, risk management, and legal partners to deliver tailored mortgage solutions while maintaining SAFE Act compliance.

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

Profitability Analysis

Attention to Detail

Business Acumen

Credit Risk Assessment

Underwriting

Written Communications

Collaboration

Critical Thinking

Portfolio Analysis

Prioritization

Technical Documentation

Education

Bachelor's degree in Business Administration

Finance degree

Accounting degree

Economics degree

Formal credit training

Underwriting experience

Tools

Excel

Job description

Bank of America is seeking an experienced underwriter for ultra-high-net-worth client credit within the Global Wealth and Investment Management division. The role involves analyzing personal financial statements, preparing credit packages, and ensuring timely loan booking.

The candidate will collaborate with private banking teams, risk management, and legal partners to deliver tailored mortgage solutions while maintaining SAFE Act compliance.