Senior Ultra-High Net Worth Mortgage Underwriter

Bank of America; Houston (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Bank of America is seeking a skilled credit professional to extend and monitor custom mortgage lending for ultra high-net-worth clients. You will collaborate with private banking managers and specialists to analyze personal financial statements and prepare credit approval packages, ensuring timely loan booking.

The role requires 3+ years of relevant experience, strong analytical skills, and the ability to navigate complex cash flows and risk considerations within a dynamic team environment.

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 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

Excel

Job description

Bank of America is seeking a skilled credit professional to extend and monitor custom mortgage lending for ultra high-net-worth clients. You will collaborate with private banking managers and specialists to analyze personal financial statements and prepare credit approval packages, ensuring timely loan booking.

The role requires 3+ years of relevant experience, strong analytical skills, and the ability to navigate complex cash flows and risk considerations within a dynamic team environment.