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Senior Underwriter
Senior UnderwriterBank of America • Charlotte, NC, US
Senior Underwriter

Senior Underwriter

Bank of America • Charlotte, NC, US
1 day ago
Job type
  • Full-time
Job description

Bank Of America Job Posting

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities, and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

This job is responsible for accurate and timely test development and execution and / or supporting operational and administrative activities related to the end to end test execution process. Key responsibilities of the job include executing high quality testing in accordance with the test script, documenting and escalating defects, preliminary reporting and analysis of results, and collaborating with Compliance and Operational Risk officers and / or Front Line Unit (FLU) process owners on the identification of themes and trends at the Front Line Unit (FLU), control function and Enterprise level.

Required Qualifications :

  • Bachelor's Degree or equivalent experience
  • Minimum 5 years' experience in residential loan underwriting including Conforming, Nonconforming, HELOC, Custom, FHA and VA
  • Delegated senior mortgage underwriter
  • Organized and able to multi-task in a fast-paced environment
  • Ability to think independently, solve complex problems, and suggest solutions.
  • Ability to test across multiple lines of business
  • Sees opportunities, risks, and connections while engaging with others across different functions and connecting the dots across the organization
  • Proficient in the Microsoft suite with an emphasis on excel

Desired Qualifications :

  • Interpret Relevant Laws, Rules, and Regulations
  • HUD DE and VA LAPP / Automatic Certifications preferred.
  • Responsibilities :

  • Conducts independent testing on a team in support of coverage needs identified by Compliance and Operational Risk officers and / or Front Line Unit process owners, inclusive of transactional, qualitative, onsite, employee quality review, and surveillance testing
  • Identifies, documents, and escalates defects identified during testing, working closely with Compliance and Operational Risk officers and / or Front Line Unit process owners to validate preliminary results
  • Collaborates with Compliance and Operational Risk officers and / or Front Line Unit process owners on the identification of themes and trends at the Front Line Unit, control function and enterprise level
  • Manages the quality of the end to end execution process in accordance with the Independent Testing Enterprise Policy and Standard
  • Supports the test development process as applicable depending upon the complexity of the testing
  • Interacts with internal and / or external contacts to identify, research, analyze, and resolve complex problems
  • Skills :

  • Adaptability
  • Attention to Detail
  • Collaboration
  • Monitoring, Surveillance, and Testing
  • Problem Solving
  • Data Privacy and Protection
  • Influence
  • Issue Management
  • Reporting
  • Underwriting
  • Interpret Relevant Laws, Rules, and Regulations
  • Quality Assurance
  • Shift : 1st shift (United States of America)

    Hours Per Week : 40

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    Senior Underwriter • Charlotte, NC, US

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