High Net Worth Underwriter

Overview

The position involves providing comprehensive underwriting and decisioning support to the Bank's Wealth Division Advisors and Lenders, focusing on maximizing strategic Wealth Credit opportunities within acceptable risk and profitability expectations. Execute the Wealth Lending process with an emphasis on consistency, quality, growth, and profitability.

Regular or Temporary: Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Please review the following job description: Provide comprehensive and skilled underwriting and decisioning support to the Bank's Wealth Division Advisors and Lenders, focused on maximizing strategic Wealth Credit opportunities within acceptable risk and profitability expectations. Execute upon the Wealth Lending process with a focus on consistency, quality, growth, and profitability.

• Provide exceptional underwriting analysis, structuring, pricing and decisioning for all Wealth Division credit requests requiring co-approval within acceptable risk parameters.
• Demonstrate a deep understanding of complex cash flow and tax returns for clients with multiple revenue streams.
• Underwrite specialty products including marine, recreation vehicles, securities, Regulation O, Regulation U, and airplanes; includes lending to non-US citizens.
• Utilize high level credit knowledge to justify policy exceptions based on appropriate compensating factors.
• Coaching and training for new advisors and lenders; assist in structuring and documenting complex credit facilities with emphasis on mitigating exceptions.
• Underwrite Premier segmented clients when necessary and maintain knowledge to underwrite all consumer products offered by Consumer Lending.
• Share feedback and ideas to management to improve process and decisioning functions of the Wealth Lending Process.
• Complete annual regulatory, compliance, job-related and career advancing training.

Required Qualifications:

• Bachelor’s degree in business or related field and seven years of wealth, commercial and/or complex retail lending experience or equivalent education with related training.
• Proficient analytical and problem-solving ability
• Excellent interpersonal, verbal, and written communication skills
• Advanced proficiency in credit underwriting analysis, problem-solving, deal-making, and risk management
• Demonstrated proficiency in basic computer applications such as Microsoft Office software products
• Ability to travel, occasionally overnight

Preferred Qualifications:

• Graduate of a Leadership Development Program or similar training program at a financial institution.
• Knowledge of Bank's operations, systems, compliance and regulatory issues
• Experience in credit administration, risk management, commercial or small business underwriting analysis and relationship management.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.

For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

EEO Statement: Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law | E-Verify | IER Right to Work.