Sr. Underwriter- Marine/ Yacht
Core
Analyze and evaluate marine and yacht loan applications to determine creditworthiness and eligibility for financing for high-net-worth individuals and businesses.
Role type
Senior underwriter (marine/yacht lending)
Builds
Marine and yacht loan approvals and clear-to-close decisions
Domain
Financial services / Marine lending
Required skills
Credit risk assessment, Financial statement analysis, Collateral valuation, Loan-to-value analysis, Complex borrower structure evaluation, Regulatory compliance, Fraud detection, Debt-to-income calculations
Preferred skills
Marine/yacht lending experience, High-net-worth client experience, Self-employed borrower analysis, Trust documentation review
Technologies
Credit reporting systems, Financial modeling tools, Loan management systems
Responsibilities
Review and underwrite marine and yacht loan applications for initial, conditional, and final approval; Analyze personal and business tax returns, financial statements, and cash flow; Evaluate complex borrower structures including trusts and business owners; Review vessel information and collateral valuations; Conduct credit analysis utilizing income documentation and asset verification; Identify and mitigate credit, collateral, fraud, and compliance risks; Provide guidance to junior underwriters and loan operations staff; Review quality control findings and credit exceptions.
Seniority
Senior, hands-on IC