5 hours

GWIM Credit Underwriter

Bank of America
Charlotte, NC
  • Job Code
Company Bank of America

Job Title GWIM Credit Underwriter

Jobid bankofamerica-17065321CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**

Bank of America is seeking an experienced underwriter to extend custom mortgages to private banking clients. Underwriter position works closely with private banking relationship managers in structuring loans to meet the clients' requirements and in reviewing credit standards. Custom mortgages include complex loan structures, with loan sizes ranging from $2MM to $20MM, and over. Custom mortgage underwriter must be proficient with personal and business tax return, financial statement, and cash flow analysis. Underwriter position will possess some loan approval authority. Underwriting tasks include the preparation of the credit approval package, complex tax return and personal financial statement analysis, risk rating evaluation, credit bureau review, marketable securities analysis, review of the background investigation reports, review of entity documentation, pipeline management, and other duties as needed. Responsibilities also include adherence to Credit Policy guidelines and applicable regulatory requirements. In addition, this individual may be asked to participate in special projects as needed. Critical thinking skills and the ability to judgmentally evaluate loan requests are essential to success in this position.

**Required Skills:**

+ Minimum of three to five years lending background in a traditional lending discipline, such as commercial lending, business banking, or private banking.

+ Ability to analyze complex personal and business financial statements, tax returns and cash flows in order to underwrite Custom Mortgages ranging in size from $2MM to $20MM, and above.

+ Negotiation experience is a significant benefit as well as exposure to a consumer lending environment.

+ Ability to work independently, in a team environment.

+ College degree is required, with a preference for business administration, finance, accounting or economics majors.

+ Credit skills, interpersonal skills, and ability to communicate clearly across all lines of business while handling multiple priorities are mandatory.

+ Highly fluent in MS Excel and Word.

**Desired Skills:**

+ Experience in commercial and/or real estate lending.

+ Accounting background is beneficial as well as familiarity with PowerPoint, Access, Excel, and Visio.

+ Prefer formal credit training at a major U.S. bank, but alternative financial analysis experience may suffice.

**Posting Date** : 10/04/2017

**Location** :


- United States

**Travel** : No

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Weekly Schedule** : No

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

**Frequently Asked Questions**

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.

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GWIM Credit Underwriter

Bank of America
Charlotte, NC

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GWIM Credit Underwriter

Bank of America
Charlotte, NC

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