Woman in financial center shaking hands with customer
Back to search results

Senior Underwriter – band 6

Concord, California

Job Description:

Position located on-site in Concord, CA

Line of Business Description: As a Bank of America Mortgage Senior Underwriter you will be responsible for but not limited to the underwriting of residential loans ensuring compliance with appropriate company and secondary market investor standards. A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. You may be required to work with more senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans. Mortgage Underwriters may be involved in one or several types of mortgage lending (conventional, government-backed, etc.) You may also be required to respond directly to individual and investor audits. This job code includes all levels of underwriting authority and exception levels.

Enterprise Description:  Underwrites large or more difficult/complex residential loans ensuring compliance with appropriate company and secondary market investor standards. Examines loan documentation for accuracy and completeness. Works with loan originator or production staff to secure all required documents. May provide training and direction to more junior staff. Have authority to withdraw and decline loans. May develop and recommend modifications to underwriting and production procedures. Responsibilities include one or several types of mortgage lending (conventional, government-backed, etc.). May respond to individual and investor audits. Must achieve government underwriting authority consistent with individual level of experience, including a successful CAIVERS check. This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since 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 obtain and/or maintain SAFE Act registration may result in your immediate termination.


Required Skills and Experience

  • 4+ years of mortgage underwriting experience, including review of credit reports for accuracy and red flags, appraisal review, calculation of DTI, income, assets and LTV/CLTV and other complex financial documents (i.e. Tax Returns)
  • Knowledge of conventional and/or government guidelines, federal lending regulations governing real estate lending
  • Attention to detail with proven ability to perform quality work while maintaining productivity and compliance standards.
  • Ability to meet and exceed production, quality and service standards along with providing direct coaching and feedback to ensure quality
  • Strong analytical skills. Ability to review complex financial documents and make credit recommendations and assess an individual's creditworthiness while adhering to all regulatory and compliance requirements
  • Must show strong capacity to address credit related issues and points of risk to ensure that underwriting meets quality assurance standards.
  • Familiarity with secondary market requirements
  • Proven negotiation, excellent interpersonal/communication  skills (written and verbal) with both fulfillment teammates, sales partners and customers
  • Self-motivated and highly organized with a commitment to teamwork and customer service
  • Ability to prioritize multiple competing tasks
  • Flexibility to work extended hours during heavy workload periods in a fast-paced, high volume environment, while practicing sound lending judgment
  • Computer proficiency including high comfort level with Microsoft office product suite

Desired Skills and Experience

  • Exposure to high net worth customers a plus
  • Bilingual-Spanish preferred but not required
  • EDGE/iFulfill experience is desired
  • DE Authority and/or VA Authority desired
  • Greater than 6 years of recent manual underwriting experience, including Non Conforming and signing on loans greater than $2M and ability to make business decisions


1st shift (United States of America)

Hours Per Week: 


Learn more about this role

Full time


Manages People: No

Travel: No


Talent Acquisition Contact:

Referral Bonus:

Street Address

Primary Location:
2000 Clayton Rd, CA, Concord, 94520