Previous Job
Previous
Underwriter
Ref No.: 20-00377
Location: NY, New York
Works closely with Sales/Coverage, Origination and/or Trading and helps deliver tailored structured products/solutions/platforms to the Bank/clients, in line with the specified needs and in alignment with the strategy of the Bank/Division. Will develop solutions/platforms based on a good understanding of the Bank/client's needs (e.g. risk appetite, time horizon, coupon level and/or frequency; basket composition, tax schemes) and may participate in client meetings along with Sales/Coverage to advise on the key features of the structured product and help close the deal. They will also have responsibility for monitoring ongoing transactions and be involved in the review/drafting of marketing, deal execution materials and internal desk reports. Have responsibility for obtaining all required approvals through the NPA/NTA process. Where the role includes management oversight of a team of Structurers/Structuring Analysts, will provide advice and guidance to the team on daily structuring activities/the more complex transactions/platforms and ensure adherence to all relevant internal policies and external legal/regulatory requirements.

Candidate will have strong credit skills, excellent communication skills with UHNW individuals and knowledgeable of the mortgage product, federal and state regulations. Private Banking mortgage underwriting experienced. Must have current knowledge of underwriting non-conforming mortgage loans. Must comprehend mortgage regulations. Have ability to underwrite complex mortgage loans for high net worth clients. Perform complex balance sheet / income / tax return /cash flow analysis, including self-employed / investor / business income analysis. Ability in identifying or recommending alternative loan solutions. Experience structuring and underwriting loans held in entities i.e. LLCs and Trusts. Approve loans within credit policy guidelines. Proactively manage pipeline. Ensure data accuracy. Excellent verbal and written communication skills. Extraordinary client service aptitude. Meticulous follow-up and follow through. Ability to work under tight timelines. Excellent attention to detail