Senior Mortgage Underwriter - Vice President

About the role

Morgan Stanley is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management, and Asset Management. Wealth Management provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit & lending, deposits & cash management, annuities, insurance, retirement, and trust services. Morgan Stanley Private Bank, National Association (“MSPBNA”), as part of Wealth Management, offers banking and credit products and services, including securities-based lending, mortgage loans and home equity lines of credit primarily to Morgan Stanley Wealth Management’s high net worth clients. MSPBNA Home Loans is seeking a Sr. Underwriter who is an experienced mortgage professional.

Responsibilities

• Underwrite and analyze multifaceted mortgage loans for high net-worth clients within delegated credit authority and in accordance with MSPBNA credit policy, lending standards and risk appetite.
• Proactively and effectively manage and maintain a pipeline of complex transactions.
• Provide guidance related to complex income scenarios to partners and junior team members
• Perform complicated income, business financial statements and tax returns analysis.
• Provide guidance as related to complex income scenarios and assist in identifying or recommending alternative solutions.

Requirements

• 10+ years of experience credit analysis and underwriting for high net-worth individuals.
• Expert level knowledge of credit risk and underwriting non-conforming, jumbo loans including property appraisals, title reports and entity documents.
• Private bank lending, business relationship management or commercial credit analysis experience including providing business financing preferred.
• Experience in pipeline management preferred.
• Complex self-employed income analysis and cash flow expertise
• Excellent conflict resolution skills and ability to collaborate with partner teams and communicate effectively with senior leadership.
• College degree preferred or equivalent experience, advance degree a plus.

About Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries.