Test Specialist – Senior Mortgage Underwriter

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!

Team Overview :

Enterprise Independent Testing (EIT) Consumer Banking Testing (CBT) is responsible for Consumer testing aligned to Retail, Preferred, Small Business, Global Consumer Operations, and Consumer Global Compliance and Operational Risk. EIT has established itself as the enterprise utility to test all end-to-end processes on behalf of Second Line of Defense, Frontline Units (FLUs) and Control Functions (CFs), enabling more efficient and effective testing. EIT is transforming the way testing is built and executed with digital transformation, implementing automation, and leveraging cutting edge Artificial Intelligence/Natural Language Processing technologies. EIT carries a portfolio of 8,000+ tests and has a global footprint of testing professionals across the United States, Europe, Asia and Latin America as well as Global Business Services (GBS) associates.

This job is responsible for accurate and timely test execution and/or supporting operational and administrative activities related to the end-to-end test execution process. Key responsibilities of the job include executing high quality testing in accordance with the test script, documenting and escalating defects, preliminary reporting, and analysis of results, and collaborating with Compliance and Operational Risk officers and/or Front-Line Unit (FLU) process owners on the identification of themes and trends at the Front-Line Unit (FLU), control function and Enterprise level.

As a Test Specialist, main responsibilities include:

Accountable for accurate and timely test execution

Execute testing requiring administrative judgment in the execution of complex testing according to the determined scope

Independently identify risk defects and root cause for finding placement and details defects

Examine loan documentation for accuracy and completeness

Provide training and direction to more junior staff as appropriate

Elevate errors and recommends enhancements as appropriate

Review reversal requests/arbitration appeals as well as analyze results

Work special projects as necessary

Subject Matter Expert (SME) on appointed tests collaborating with business partners, etc.

Perform Quality Assurance Testing

Contributes to Test Development Intakes as needed, including test script edits and pilot testing

Create and submit redlined test scripts for Simple Path processing

Point-of-contact for Support Lead or assist Testing Lead when needed

Skills:

• •Monitoring, Surveillance, and Testing
• •Data Privacy and Protection
• •Influence
• •Issue Management
• •Reporting
• •Underwriting
• •Quality Assurance

Required Education & Experience :

• •Bachelor’s Degree or equivalent experience
• •Minimum 5 years’ experience in residential loan underwriting including Conforming, Nonconforming, HELOC, Custom, FHA and VA

Required Skills :

• •Delegated senior mortgage underwriter
• •Applies critical thinking and connects the dots on how processes relate to one another.
• •Drives Operational Excellence
• •Acts with Courage and Conviction
• •Strong written, verbal and delivery skills.
• •Strong Partnership and Influencing Skills
• •Attention to Detail
• •Adaptability
• •Collaboration
• •Problem Solving
• •Organized and able to multi-task in a fast-paced environment
• •Ability to think independently, solve complex problems, and suggest solutions.
• •Ability to test across multiple lines of business
• •Sees opportunities, risks, and connections while engaging with others across different functions and connecting the dots across the organization
• •Proficient in the Microsoft suite with an emphasis on excel

Desired Skills :

• •Interpret Relevant Laws, Rules, and Regulations
• •HUD DE and VA LAPP/Automatic Certifications preferred.

Shift:

1st shift (United States of America)

Hours Per Week:

40