Senior Credit Underwriter - Custom Lending - Global Wealth & Investment Management

About the role

This role performs risk assessment and repayment capacity analysis (financial, borrower, industry, etc.) and prepares transaction justification for moderately complex to complex transactions with limited oversight. The Senior Credit Underwriter (SCU) partners closely with the Credit Advisor (CA) to develop and expand custom lending relationships with strategic wealth clients, supporting responsible and profitable loan and revenue growth while managing a portfolio of existing credit relationships.

The SCU is responsible for performing and documenting comprehensive financial analysis to support credit decisions for ultra-high-net-worth clients—including individuals, family offices, trusts, and specialized wealth entities—ensuring full adherence to applicable policies, procedures, and GWIM underwriting standards and guidelines.

Responsibilities

• Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility.
• Partners with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions.
• Monitors the client's operating performance and financial condition, proactively identifying issues and opportunities.
• Delivers financial modeling, loan structure, industry, economic, and other analysis to support the loan decision-making process.
• Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements.
• Completes Credit Approval Memos (CAMs) and modifications to secure credit approval for complex, custom loan products, including marketable securities, commercial real estate, fine art, hedge fund, yacht, unsecured, insurance, private equity, and subscription-finance facilities.
• Synthesizes comprehensive financial information to assess liquidity, leverage, cash flow, key risks/mitigants, and legal structures (trusts, special wealth vehicles, etc.), applying sound judgment to support appropriate credit decisions.
• Distills complex issues to their core components and documents findings clearly, concisely, and accurately.
• Consistently applies established policies, procedures, and underwriting practices, including accurate financial spreading, risk rating, financial modeling, and required approvals.
• Provides lending guidance, structural recommendations, and policy expertise during upfront deal discussions with partners.
• Reviews, negotiates, and refines loan structures and covenants during the documentation process based on borrower creditworthiness, collateral, and overall risk appetite.
• Proactively manages deal pipeline and ensures timely progression of new and existing transactions.
• Oversees day-to-day management of assigned loan portfolio, ensuring timely and accurate execution of collateral releases, SER preparation, renewals, covenant resolution, risk-rating updates, loan modifications/waivers, and past-due remediation.
• Identifies opportunities to streamline workflows and recommends process improvements.
• Mentors and develops Credit Underwriters, supporting skill growth and consistent underwriting quality.

Requirements

• Strong financial analysis, accounting skills, and deal structuring for borrowers with complex balance sheets and income streams.
• 10+ years of commercial and/or private wealth management credit experience.
• Strong negotiation and communication skills.
• Proficiency in Word, Excel, and PowerPoint.
• Excellent interpersonal skills and the ability to build business partnerships with risk, services, and client teams who may not be co-located.
• High School Diploma / GED / Secondary School or equivalent (minimum education requirement).

Qualifications

• Formal Credit Training and/or Commercial/Wealth Management credit experience preferred.
• Bachelor’s degree in business administration, finance, accounting, or economics preferred.

Skills

• Attention to Detail
• Credit and Risk Assessment
• Financial Analysis
• Underwriting
• Written Communications
• Analytical Thinking
• Credit Documentation Requirements
• Financial Forecasting and Modeling
• Recording/Organizing Information
• Business Acumen
• Collaboration
• Collateral Management
• Loan Structuring
• Prioritization
• Portfolio Management

Schedule

1st shift (United States of America), 40 hours per week.