ZipRecruiter

Log In

1

Bank Underwriter Jobs (NOW HIRING)

WSFS Bank

Business Banking Underwriting Manager

Durham, NC · On-site

$111.44 - $183.08/hr

Partner with leadership on broad bank initiatives as well as committee presentations and periodic ... Coach and lead a team of underwriters and demonstrate understanding of complex conventional loan ...

BOK Financial Corporation

$100 - $140/hr

Bank of Texas and BOK Financial ® . Bonus Type BOKF Performance Plan (D02) Summary Join us as a Credit Product Underwriter III. Our commitment to you is a positive work environment, a deep ...

New Horizon Bank

Underwriter

Richmond, VA · On-site

$75K - $95K/yr

New Horizon Bank is looking for an Underwriter III to play a critical role in evaluating and ... approving loan applications and ensuring compliance with bank policies and regulatory requirements.

International Association of Insurance Professionals (IAIP)

$90 - $150/hr

Unlike traditional bank underwriting, this role requires comfort with dynamic risk profiles, shorter decision timelines, and structured deals tailored to growth-stage businesses. This is an excellent ...

New

M&T Bank

Business Banking Senior Underwriter I

Buffalo, NY · On-site

$74K - $124K/yr

Provide financing structures up to $500,000 to the Bank's customers and prospects that mitigate ... Ideal Qualifications Preferred • Proficiency in commercial underwriting (nCino) and accounting ...

M&T Bank

Business Banking Senior Underwriter I

Buffalo, NY · On-site

$74K - $124K/yr

Provide financing structures up to $500,000 to the Bank's customers and prospects that mitigate ... Ideal Qualifications Preferred • Proficiency in commercial underwriting (nCino) and accounting ...

previous page

Showing results 41-60

All JobsFinance and Insurance JobsLoan JobsLoan Underwriter JobsBank Underwriter Jobs

Bank Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do bank underwriter jobs pay per year?

As of Sep 7, 2026, the average yearly pay for bank underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What does a bank underwriter do?

A Bank Underwriter evaluates loan applications to assess the risk of lending money to individuals or businesses. They review financial documents, credit history, and other factors to determine if a borrower is eligible for a loan. Their goal is to ensure that loans comply with regulations and minimize financial risk for the bank. Bank Underwriters use financial analysis, credit scoring models, and industry guidelines to make informed decisions.

What skills and qualifications are needed to thrive as a bank underwriter?

To thrive as a Bank Underwriter, you need strong analytical skills, a solid understanding of credit risk assessment, and often a bachelor's degree in finance, accounting, or a related field. Familiarity with loan origination systems, credit scoring tools, and potentially certifications like Certified Mortgage Underwriter (CMU) can be important assets. Superior attention to detail, effective communication, and sound judgment help underwriters make informed decisions and convey findings clearly to stakeholders. These skills ensure that lending decisions minimize risk for the bank while providing excellent service to borrowers.

How to become a bank underwriter?

To become a bank underwriter, candidates typically need a bachelor's degree in finance, accounting, or a related field. Gaining experience in banking, credit analysis, or underwriting is important, and professional certifications like the Certified Mortgage Underwriter (CMU) can enhance prospects. Strong analytical skills and knowledge of loan products and risk assessment are essential for success in this role.

Is it hard to get a job in bank underwriting?

Bank underwriting jobs can be competitive and typically require relevant education, such as a degree in finance or related fields, along with strong analytical skills. Gaining experience through internships or certifications like the Mortgage Bankers Association (MBA) can improve chances of employment, but the difficulty varies based on the job market and individual qualifications.

Is underwriting a stressful job?

Bank underwriters assess loan applications and financial documents, which can involve high responsibility and attention to detail, leading to stress in meeting deadlines and managing risk. The job often requires strong analytical skills and the ability to handle pressure, especially during busy periods or when making critical decisions.
More about Bank Underwriter jobs

What cities are hiring for Bank Underwriter jobs?

Cities with the most Bank Underwriter job openings:

What are the most commonly searched types of Bank Underwriter jobs?

The most popular types of Bank Underwriter jobs are:

Who are the top companies hiring for Bank Underwriter jobs?

The top employers for Bank Underwriter jobs are:

What states have the most Bank Underwriter jobs?

States with the most job openings for Bank Underwriter jobs include:

What job categories do people searching Bank Underwriter jobs look for?

The top searched job categories for Bank Underwriter jobs are:

Bank Underwriter jobs near you
Infographic showing various Bank Underwriter job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 86% In-person, and 14% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

Credit Underwriter I-Commercial Real Estate Banking

Bank of America

Chicago, IL • On-site

Full-time

PTO

Posted 19 days ago

Bank Of America rating

8.3

Company rating: 8.3 out of 10

Based on 536 frontline employees who took The Breakroom Quiz

49th of 175 rated banks

Job description

Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team. Key responsibilities include completing and reviewing credit analysis, evaluating risks, reviewing work by less experienced teammates, and writing financial analysis for approval or monitoring. Job expectations include leading the process, ensuring timely and accurate analysis, and coaching teammates on credit requirements.
The Commercial Real Estate Banking Underwriter (CREB Underwriter) is responsible for conducting credit analysis, developing credit recommendations/ supporting rationale, and managing the approval process for commercial real estate transactions. This role requires a strong understanding of applicable credit policies, regulatory requirements, and their impact on transaction structure and risk assessment.
As a key member of the CREB Enterprise Credit Origination team, the Underwriter is aligned with the whole CREN line of business, regions, and markets, partnering closely with credit teams across the Midwest and beyond. The Underwriter also manages a designated portfolio of clients within the Midwest coverage area and serves as a trusted partner throughout the credit lifecycle.
Reporting to a CREB Senior Credit Product Manager, the Underwriter works collaboratively with an assigned Credit Officer to evaluate, structure, and close new commercial real estate transactions, as well as execute material modifications to existing credit facilities.
Responsibilities:
  • Leads the credit analysis process with the support of other analysts and associates
  • Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and requirements
  • Monitors operating performance and financial condition, proactively identifying issues and opportunities
  • Assists in delivery of financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
  • Participates in loan structure conversations and completion of loan documentation with internal/external legal partners
  • Evaluate and analyze new and modified credit exposures, including detailed assessments of collateral, market fundamentals, sponsorship strength, guarantor support, and other relevant risk factors to support credit recommendations.
  • Partner with Credit Officers in the preparation of screening memoranda, transaction structuring discussions, and term sheet development.
  • Lead due diligence efforts and coordinate data collection and analysis for new credit originations.
  • Prepare credit approval documentation and manage the transaction closing process from approval through execution.
  • Support the origination, renewal, modification, and extension of credit facilities, including transactions involving maturity extensions, commitment increases, covenant amendments, and other material changes.
  • Complete risk rating assessments, financial analysis, profitability modeling, and other underwriting activities required to support credit decisions.
  • Ensure compliance with internal credit policies, procedures, and regulatory requirements throughout the underwriting and approval process.

Required Qualifications:
  • 3+ yrs of experience in commercial real estate finance, with experience at a financial institution strongly preferred.
  • Strong credit, financial, and analytical skills, with the ability to identify key risks and mitigating factors.
  • Proficiency with financial analysis tools, underwriting systems, and Microsoft Office applications, with the aptitude to learn new technologies quickly.

Desired Qualifications:
  • Bachelor's degree in Finance, Accounting, Real Estate, Business, or a related field preferred.

Skills:
  • Attention to Detail
  • Financial Analysis
  • Underwriting
  • Written Communications
  • Analytical Thinking
  • Credit Documentation Requirements
  • Credit and Risk Assessment
  • Financial Forecasting and Modeling
  • Recording/Organizing Information
  • Business Acumen
  • Collaboration
  • Collateral Management
  • Loan Structuring
  • Prioritization

Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)
Pay and benefits information
Pay range
$95,000.00 - $125,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

What Bank Of America employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Bank Of America logo

About Bank Of America

Sourced by ZipRecruiter

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Social media

FacebookTwitter

View All Bank Of America Jobs

Apply