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Mortgage Underwriter III (BNY Mellon)
Ref No.: 16-07460
Location: Boston, Massachusetts
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

As one of the nation's leading wealth managers, BNY Mellon Wealth Management is dedicated to helping individuals, families, planned giving programs, endowments, foundations and other institutions with all of their wealth and investment planning needs. By providing integrated products, services and solutions, we help them capitalize on opportunity while managing risk. Backed by more than two centuries of experience, we understand our clients' needs and deliver customized strategies to help them reach their goals.
Description The incumbent is responsible for underwriting the department's most complex mortgage credits. These loans are generally higher dollar transactions, ranging from $1 million to $20 million. Loans in this category therefore present more risk to the company. The borrower profile is usually the enterpreneur or self-employed borrower. The Mortgage Underwriter III must analyze both the personal and corporate cash flow and financial condition in order to approve a mortgage loan in accordance with credit guidelines. He/She is responsible for ensuring an accurate and thorough analysis of the credit risk and proper documentation according to Risk Policy. Qualifications Bachelors or equivalent work experience. MBA preferred. 10+ years credit/lending experience; excellent credit skills.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

ControlID: 14.234.89 SHR