Perform all underwriting tasks for commercial loan requests to high net worth clients of Global Wealth and Investment Management, which includes US Trust Private Wealth Management and Merrill Lynch.
The position includes provision of structuring advice to sales teams and credit partners, completion of customized credit approval packages, pricing models, approval memos and other standard documents, and management of the documentation process to ensure on-time loan booking.
The ideal candidate can analyze commercial risks and identify mitigants, recommend risk ratings, exposure strategies, credit structures and sponsor recommendations through the approval process. This role interfaces with client teams, risk, structured credit, servicing and legal partners to support the timely delivery of the credit process to our market partners and clients.
Enterprise Role Overview:
Extends credit to and monitors loan portfolios of private banking clients. Works closely with private banking relationship managers in structuring loans to meet the clients’ requirements or in reviewing credit standards. May provide guidance to more junior specialists but does not have management responsibilities. Possesses some loan approval authority.
Primary duties include underwriting and obtaining credit approval for commercial loan products to clients of Global Wealth and Investment Management.
Shift:1st shift (United States of America)
Hours Per Week:40
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