Sr. Credit Underwriter - Custom Mortgage - Global Wealth & Investment Management
Bank of America · Houston, TX · 2 wk ago
FinanceFull-time
About the role
Extends credit to and monitors loan portfolios of custom mortgage ultra high net worth clients. Works closely with private banking relationship managers in providing custom mortgage solutions to meet the client’s requirements or in reviewing credit standards. Possesses some loan approval authority.
Responsibilities
- Analyzes and spreads complex personal financial information using advanced Excel workbooks.
- Identifies potential risks and mitigants; escalates issues to the appropriate approver for resolution.
- Manages multiple transactions throughout the loan lifecycle, from application to booking.
- Regularly communicates and collaborates with partners across multiple lines of business to ensure alignment and timely execution.
Requirements
- 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.
Qualifications
- Bachelor’s degree in Business Administration, Finance, Accounting, or Economics.
- Formal credit training at a major U.S. financial institution.
- Custom or Commercial underwriting experience.
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
Benefits
Bank of America offers a comprehensive benefits package designed to support the physical, emotional, and financial wellness of our teammates. This includes a range of health and wellness programs, retirement savings options, and flexible spending accounts.
Pay
The salary for this role is commensurate with experience.
Schedule
This role is available on a 1st shift basis in the United States, with 40 hours per week.