Custom Mortgage Sr. Credit Underwriter/Global Wealth & Investment Management job opportunity at Bank Of America.

Home Jobs In United States Of America Tag: Job Custom Mortgage Sr. Credit Underwriter/Global Wealth & Investment Management position at Bank Of America


DatePosted 14 Days Ago bot
Bank Of America Custom Mortgage Sr. Credit Underwriter/Global Wealth & Investment Management
Experience: 3-years
Pattern: full-time
Country:
apply Apply Now
Salary:
Status:

Job

Copy Link Report
degreeDiploma
loacation Charlotte, United States Of America
loacation Charlotte....United States Of America

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!   Job Description: 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. Three to five plus years of credit experience. Performs all underwriting tasks for custom mortgage loan requests to ultra high net worth clients of Global Wealth and Investment Management (GWIM), which includes Private Wealth Management and Merrill. This position may be responsible for the provision of residential mortgage loans, and as such, is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential mortgage loan originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination. Collaborates with client teams and credit partners to analyze personal financial statements such as balance sheets, income statements, tax returns, and liquidity statements. Prepares customized credit approval packages, approval memos, and other standard documents, and manages the documentation process to ensure timely loan booking. The ideal candidate can analyze risks, identify mitigants, recommend risk ratings, exposure strategies, credit structures, and sponsor recommendations throughout the approval process. This role interfaces with client teams, risk management, residential real estate credit specialists, fulfillment, servicing, and legal partners to support the timely delivery of credit solutions. Responsibilities: Financial Analysis Analyze and spread complex personal financial information using advanced Excel workbooks. Risk Assessment Identify potential risks and mitigants; escalate 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. Required 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. Desired 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 Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent Shift: 1st shift (United States of America) Hours Per Week:  40

Other Ai Matches

Market Financial Center Manager - Boston Financial District Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor - Rocky Hill Financial Center Applicants are expected to have a solid experience in handling Job related tasks
Client Service Associate Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor Registration Candidate- San Francisco Market Applicants are expected to have a solid experience in handling Job related tasks
Sr. Technology Manager - Command Center Incident Management Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker - Fairview Road Financial Center Applicants are expected to have a solid experience in handling Job related tasks
ACS- Call Center Telephone Banker- Scranton, PA (1st & 2nd shift) Applicants are expected to have a solid experience in handling PA (1st & 2nd shift) related tasks
Relationship Banker - Pinellas Bradenton Market Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor -Annapolis Mall Financial Center Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor - Western MD Market Applicants are expected to have a solid experience in handling Job related tasks
Wealth Management Client Associate Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor - S Brooklyn/Staten Island Market Applicants are expected to have a solid experience in handling Job related tasks
Philanthropic Client Manager Applicants are expected to have a solid experience in handling Job related tasks
Business Solutions Advisor - Inland Empire East Market Area, CA Applicants are expected to have a solid experience in handling CA related tasks
Relationship Banker - Orlando South Market - Bilingual in English and Spanish Required Applicants are expected to have a solid experience in handling Job related tasks
Site Reliability Engineer II Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker - Maryland North Market Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker - North Main and Forest Park - Dayton, OH 45405 Applicants are expected to have a solid experience in handling OH 45405 related tasks
Relationship Banker Applicants are expected to have a solid experience in handling Job related tasks
Sr. Relationship Manager - Global Commercial Banking - Restaurant Group (Boston/Dallas/Chicago/Los Angeles/Richmond/Scottsdale) Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker - Saugus, MA Area Applicants are expected to have a solid experience in handling MA Area related tasks
Attack Surface Network and Vulnerability Data Analytics Analyst - (SQL) / (Python) /advanced data mining and analytics req) Applicants are expected to have a solid experience in handling Job related tasks