NewportBeachRecruiter Since 2001
the smart solution for Newport Beach jobs

Writer

Company: Bank of America
Location: Newport Beach
Posted on: May 3, 2021

Job Description:

CREB Underwriter

Newport Beach, California;San Francisco, California; Los Angeles, California

**Job Description:**

**Role Overview:**

CREB Underwriter (UW) is responsible for performing deal analysis, preparation of supporting justification, and processing approvals. The UW has understanding of key policies and regulations for applicability/impact to a transaction. The UW is a member of the CREB market team, is aligned to LOB regions/markets, supports the SUW and CO teams in a specific market and may be assigned a limited portfolio of clients. The UW is typically an individual contributor who reports to a CREB Senior Credit Product Manager, however, the UW will generally pair with a CO or SUW, or both, and they work as a team to jointly underwrite new transactions as well as perform material modifications to existing facilities. The UW will also advise the CREB portfolio group with any post-closing credit actions as needed. Successful candidates will possess functional knowledge and will have demonstrated strong performance with a focus on collaboration, driving operational excellence and the ability to influence leaders, peers and clients.

For CDB the UW will be responsible for underwriting all aspects of a transaction (i.e., construction debt, non-FHA perm debt and equity) for all product types.

**Functional Role Description:**

+ New deal analysis and supporting justification

+ Prepare approval documents and collateral analysis

+ Support CO and SUW on DSM & Term Sheets

+ Data capture for new originations

+ Activities associated with renewal, modification and extension of existing facilities where terms are being changed (i.e. extensions beyond final maturity, commitment increases, material covenant changes), including scorecard preparation

**Role Qualifications:**

+ 5+ years' experience within a financial institution

+ Knowledge of the primary functions of the Commercial Real Estate Banking teams at Bank of America

+ Familiarity with core banking products

+ Understanding of the regulations and BA policy that govern CRE lending

+ Adept at gathering and analyzing market and portfolio information

+ Solid experience in financial analysis, structuring, underwriting and portfolio management, strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.

+ Strong writing skills

+ Maintains knowledge of other BofAML products including Investment Banking, Interest Rate Hedging, and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible solution for the client or prospect.

**Additional qualifications for CDB:**

+ Strong knowledge of the primary functions of the Community Development Banking teams at Bank of America

+ Experience underwriting construction and permanent debt and/or equity for affordable rental housing projects, financed using the federal LIHTC program as well as a thorough understanding of the regulations that govern affordable housing lending and/or investing

+ Evidence of experience and skill in quantitative analysis in debt and/or equity for affordable rental housing, including the use and interpretation of complex models; taxable and tax-exempt financing; GAAP and tax accounting treatment; and permanent financing, both government and private

**Leadership Competencies:**

+ Demonstrates business and financial acumen

+ Ensures self and others maintain a focus on client needs

+ Delivers practical, innovative solutions to customers/clients that meet their individual needs

+ Demonstrates and encourages collaboration, connection and teamwork within and beyond his/her team

+ Is intellectually curious; constantly seeks to learn and advance his/her knowledge

+ Remains positive and focused during times of pressure, adversity, or change

+ Is resilient; quickly adjusts behaviors in order to be successful.

+ Communicates clearly, both in writing and speaking using concise and simple language

+ Demonstrates a bias for action and a commitment to achieving sustainable results

+ Makes timely and fact-based decisions

+ Ensures rigorous thinking and analysis have been used when making a decision

**Shift:**

1st shift (United States of America)

**Hours Per Week:**

40

Learn more about this role

Full time

JR-21011951

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Referral Bonus:

Keywords: Bank of America, Newport Beach , Writer, Other , Newport Beach, California

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Other Jobs


Special Agent
Description: HOW TO APPLY STEP 1: Click on the Apply button to be directed to the FBIJobs Careers website. STEP 2: Click the Start button to begin. You will be prompted to either Sign In to continue or to register (more...)
Company: Federal Bureau of Investigation
Location: Santee
Posted on: 05/12/2021

Seasonal Warehouse Associate
Description: table class htmlDetailElementTable border 0 cellpadding 0 cellspacing 0 tr td div class sfdc richtext id j id0:portId:j id81j id0:portId:j id81 00NF000000CFqt6 div span style font-size: (more...)
Company: Amazon Workforce Staffing
Location: Yucaipa
Posted on: 05/12/2021

Earn $15 - $30/hr delivering packages with Amazon Flex
Description: p strong Money matters. /strong /p p Whether you apos re saving up for something big or you just want to make some extra money, br / earning 16.50 - 31.50 an hour will get you there faster. /p (more...)
Company: Amazon Flex
Location: Yucaipa
Posted on: 05/12/2021


Production Associate
Description: Job Description The Manufacturing Assembler is responsible for building and assembly of a multitude of pieces as well as completed truck bodies with a high degree of skill in a manufacturing (more...)
Company: Morgan Corporation
Location: Yucaipa
Posted on: 05/12/2021

Seasonal Package Sorter - Earn up to $17.90/hr!
Description: table class htmlDetailElementTable border 0 cellpadding 0 cellspacing 0 tr td div class sfdc richtext id j id0:portId:j id81j id0:portId:j id81 00NF000000CFqt6 div b Warehouse Team (more...)
Company: Amazon Workforce Staffing
Location: Yucaipa
Posted on: 05/12/2021

Licensed Health Insurance Agent - Sell UHC, Cigna, Anthem, and more
Description: p span style font-weight: 400 Assurance, a Prudential company, is hiring Under 65 Health Insurance Sales Agents in your city. /span strong If you apos re already a Licensed Insurance Agent (more...)
Company: ASSURANCE Independent Agents
Location: Yucaipa
Posted on: 05/12/2021

FT Customer Service Specialist - Work From Home
Description: Customer Support / Remote - Anywhere in U.S. / Competitive Pay / Weekend availability
Company: Dolls Kill
Location: Yucaipa
Posted on: 05/12/2021

Stocking & Unloading - SANTEE - 92072
Description: What you apos ll do at Stocking, backroom, receiving associates work to ensure customers can find all of the items they have on their shopping list. Depending on the shift you work, your job could (more...)
Company: walmart
Location: SANTEE
Posted on: 05/12/2021

Maintenance
Description: This job posting is for a position in a restaurant owned and operated by an independent franchisee and not McDonald apos s USA. This franchisee owns a license to use McDonald apos s logos and food products, (more...)
Company: McDonald's
Location: Yucaipa
Posted on: 05/12/2021

Janitor
Description: Stater Bros. - 11365 Bryant St. - Custodian
Company: Stater Bros. Markets
Location: Yucaipa
Posted on: 05/12/2021

Log In or Create An Account

Get the latest California jobs by following @recnetCA on Twitter!

Newport Beach RSS job feeds