Corporate Underwriter Job in Plano, Texas US
Corporate Underwriter
OPPORTUNITY FOR ACHIEVEMENT... At Bank of America we take great pride in creating career opportunities for our associates - and we provide them with the training and support they need to achieve their goals. Bank of America is seeking professional and motivated candidates interested in the following opportunity: Conventional SASE Level 6 and 7 underwriters currently support a very high risk and complex segment of mortgage underwriting and analysis. Primarily in the $1mm+ loan amounts, many of these transactions require in depth individual and corporate tax return analysis for self employed applicants and/or executives with layered ownership interests in multiple companies and or entities. Asset review oftentimes is equally complex due to higher net worth borrowers with multiple sources and percentages of liquidity including cash, vested stock shares, unvested restricted stock, multiple retirement vehicles and equity ownership interests that must be utilized for qualifying purposes using different qualifying guideline parameters. Currently the requirements to be approved for this level of certification are the most stringent: Greater than five (5) years manual underwriting experience, including signing on loans greater than $2.0M and making business decisions. Additional Information Maintains a high level of customer service by being proactive in communication with customers. This may include banking center associates, vendors, etc. THIS POSITION MAY BE SUBJECT TO SAFE ACT REGISTRATION REQUIREMENTS . Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE ACT requirements. If at any time the Bank determines that your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to register successfully or to maintain a status in good standing under the SAFE Act will affect your eligibility for continued employment and may result in your immediate termination. Required Skills Five year manual mortgage underwriting experience required Experience with underwriting loans $1 M+ Excellent written and oral communication skills Customer contact experience and customer focused Computer skills with knowledge of Microsoft office Self starter, positive attitude and ability to multi-task Experience with Conventional and non-conforming Refi. Purchase Desired Skills Processing and/or Funding experience a plus In return for your talent, Bank of America offers outstanding career opportunities and advancement and promotes a healthy work/life balance through special benefits and programs. Bank of America is an Equal Opportunity Employer M/F/D/V.