Senior Ultra-High-Net-Worth Mortgage Underwriter

International Association of Insurance Professionals (IAIP); Charlotte, Northern (NC, KY); On-site; USD 90,000 - 130,000; Full time

Job summary

Bank of America is seeking a credit professional to extend and monitor loans for ultra-high-net-worth clients within Global Wealth and Investment Management. You will work with private banking and Merrill teams, perform underwriting tasks, and prepare approval packages for customized mortgage solutions.

The role requires 3+ years of credit experience, familiarity with tax returns and financials, and strong analytical and communication skills.

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.
• Bachelors degree in Business Administration, Finance, Accounting, or Economics.
• Formal credit training at a major U.S. financial institution.
• Custom or Commercial underwriting experience.

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

Bachelors degree in Business Administration, Finance, Accounting, or Economics

High School Diploma / GED / Secondary School or equivalent

Job description

Bank of America is seeking a credit professional to extend and monitor loans for ultra-high-net-worth clients within Global Wealth and Investment Management. You will work with private banking and Merrill teams, perform underwriting tasks, and prepare approval packages for customized mortgage solutions.

The role requires 3+ years of credit experience, familiarity with tax returns and financials, and strong analytical and communication skills.