Wealth Management, Mortgage Underwriter

Jpmorgan Chase & Co. Westmont , IL 60559

Posted 3 weeks ago

Wealth Management, Mortgage Underwriter

Req #: 200019461

Location: Westmont, IL, US

Job Category: Credit

Job Description:

JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2.7 trillion, over 240,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Corporate and Investment Banking, Commercial Banking and Consumer and Community Banking.

J.P. Morgan Asset & Wealth Management, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

  • Underwrite mortgage loans for high net worth individuals.

  • Underwriter is expected to independently identify potential risks and mitigating factors that could impact the customer's ability to repay the loan.

  • Individual will analyze business/consumer financial statements, individual credit reports, calculate cash flow and balance sheet ratios as appropriate, review other relevant information, and recommend the credit decision.

  • Underwriter to ensure the transaction adheres to mortgage lending regulations and appropriate credit policies.

Qualifications

  • The candidate should be detail-oriented

Possess strong analytic skills and have problem solving capabilities.

  • Individual must be able to work in a high production environment while meeting or exceeding agreed upon targets for volume, timing and quality.

  • Must have a strong commitment to customer service and teamwork to contribute to high-performing teams through development of self and others.

  • Requires a bachelor's degree in accounting, finance, business management or substantial previous mortgage lending experience.

  • At least five years of mortgage lending and underwriting experience.

  • Possess strong PC skills

  • Strong analytical and organizational skills

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Wealth Management, Mortgage Underwriter

Jpmorgan Chase & Co.