Senior Credit Underwriter / Credit Underwriter II - Global Wealth & Investment Management
About The Position
This job is responsible for supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team. Key responsibilities include independently managing low-complexity transactions or portfolios, completing and reviewing credit analysis, evaluating risks, and writing financial analysis. Job expectations include leading the process, ensuring timely and accurate analysis, and coaching teammates on credit requirements. The GWIM Securities Based Lending Custom Credit Underwriter II (CUII) / Senior Credit Underwriter (SCU) partners closely with the Credit Advisor (CA) to develop and expand custom lending relationships with strategic wealth clients. This role supports responsible and profitable loan and revenue growth while managing a portfolio of existing, complex credit relationships. The CUII/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, specialized wealth entities, operating companies, and non-profit entities—while ensuring full adherence to applicable policies, procedures, and GWIM underwriting standards and guidelines.
Requirements
- 3 - 5+ years of commercial and/or private wealth management credit experience
- Strong financial analysis, accounting skills, and deal structuring for borrowers with complex balance sheets and income streams
- Strong negotiation and communication skills
- Organized and detail oriented with ability to multi-task
- Proficiency in Word, Excel and PowerPoint
- Excellent interpersonal skills and the ability to build business partnerships with risk, operations, and client teams that may not be co-located
Nice To Haves
- Formal Credit Training and/or Commercial/Wealth Management credit experience preferred
- Bachelor’s degree in business administration, finance, accounting or economics preferred
- Experience with marketable securities lending preferred
Responsibilities
- Leads the credit analysis process with the support of other analysts and associates
- Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and requirements
- Monitors operating performance and financial condition, proactively identifying issues and opportunities
- Assists in delivery of financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
- Reviews work of junior teammates to provide feedback/coaching and ensure compliance with laws, rules, regulations and policy procedure
- May have primary coverage responsibility for a portfolio of clients with limited complexity and credit approval for certain credit actions
- Participate in loan structure conversations and completion of loan documentation with internal/external legal partners
- Complete Credit Approval Memos (CAMs) and Modifications to secure credit approval for complex, custom loan products secured by marketable securities
- Perform detailed marketable securities collateral analysis on stock concentrations, Control / Restricted stock, REIT Operating Units, Exchange Funds, and derivative securities
- Synthesize 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
- Proactively manage deal pipeline and ensure timely progression of new and existing transactions
Benefits
- Opportunities to learn, grow, and make an impact
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
