UHNW Mortgage Underwriter

Job Description

We are seeking a UHNW Mortgage Underwriter for Morgan Stanley Private Bank National Association to lead underwriting of complex mortgage loans for high-net-worth clients within Global Wealth Management.

• 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 regarding 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.

• Private bank lending experience, business relationship management or commercial/structured credit analysis experience required, including providing business financing.
• Minimum 10 years’ experience in credit analysis and underwriting for high‑net‑worth individuals.
• Experience underwriting non‑conforming loans.
• Experience structuring and underwriting loans held in entities such as LLCs and trusts.
• Pipeline management experience required.
• College degree preferred or equivalent experience; advanced degree a plus.

• Ability to comprehend business financial statements and personal tax returns.
• Understanding of structured credit transactions (terms, covenants, etc.) and impact on residential mortgage product.
• Excellent verbal and written communication skills, ability to articulate borrower’s financial profile and associated risks.
• Comfortable working with Family Offices, CPAs, CFOs, Business Managers, and Financial Advisors.
• Superior knowledge of underwriting and credit risk principles.
• Ability to recognize, mitigate, and raise risk where appropriate.
• Strong knowledge of unique property vesting in trusts and LLCs.
• Experience with complex self‑employed income analysis.
• Collaboration with deal team (Mortgage Consultants, Relationship Managers, loan processors, Private Banker, and Financial Advisors) and Structured Credit partners.
• Experience with wealth management clients.
• Extraordinary client service aptitude, meticulous follow‑up and follow‑through.
• Ability to work under tight timelines and maintain high attention to detail.
• High proficiency with Microsoft Excel and the Office suite.

Morgan Stanley offers a comprehensive employee benefits package, a supportive work‑life environment, and opportunities for career growth across a global network. Informed by its commitment to diversity and inclusion, it is an equal‑opportunity employer. For more information on this commitment, please visit the EEO statement.