Job Description

UHNW Mortgage Underwriter – Remote Based Morgan Stanley is a global financial services leader with three core businesses – Institutional Securities, Asset Management, and Global Wealth Management. Global Wealth Management is offered by the Morgan Stanley Wealth Management (MSWM) franchise, which has one of the world’s largest networks of Financial Advisors. In addition to our comprehensive financial services, which include brokerage, investment advisor, financial and wealth planning, annuities, insurance and retirement, Morgan Stanley is continuing to enhance our lending, trust and cash management capabilities. By combining our lending financial services business with private banking products built specifically to serve the needs of Financial Advisors and their clients, we can tailor banking and lending solutions to client needs. Location This is a REMOTE based opportunity Position Responsibilities Underwrite and analyze multifaceted mortgage loans for high net-worth clients within delegated credit authority and in accordance with MSPBNA credit policy, lending standards and risk appetite Proactively and effectively manage and maintain a pipeline of complex transactions Provide guidance as related to complex income scenarios to partners and junior team members Perform complicated income, business financial statement and tax return analysis Assist in identifying or recommending alternative loan solutions Provide onboarding and training to new team members Qualifications Private bank lending experience, business relationship management or commercial/structured credit analysis experience required including providing business financing Minimum 10 years’ experience credit analysis and underwriting for high net-worth individuals Experience underwriting non-conforming loans Experience structuring and underwriting loans held in entities i.e. LLCs and Trusts Pipeline management experience required College degree preferred or equivalent experience, advance degree a plus Skills/Abilities Ability to comprehend business financial statements and personal tax returns Understanding of structured credit transactions including terms, covenants, etc. and impact to the residential mortgage product Excellent verbal and written communication skills, including ability to articulate the borrower’s financial profile and associated risks Underwriter should be comfortable working with Family Offices, CPAs, CFOs, Business Managers, Financial Advisors, etc. Superior knowledge of underwriting and credit risk principles Ability to recognize, mitigate and escape risks where appropriate Strong knowledge of unique property vesting i.e. trusts and LLCs Complex self-employed income analysis is a critical requirement Ability to partner, collaborate with a deal team (comprising of Mortgage Consultants, Relationship Managers, loan processors, Private Banker and Financial Advisors) as well as ability to partner with Structured Credit partners Experience with wealth management clients Extraordinary client service aptitude Meticulous follow‑up and follow‑through Ability to work under tight timelines Excellent attention to detail High level of proficiency with Microsoft Excel; proficient with Microsoft Office suite Equal Employment Opportunity It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. #J-18808-Ljbffr Morgan Stanley

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