Construction Loan Spec II

394297BR

Job Title:

Construction Loan Spec II

TD Description:

About TD Bank, America's Most Convenient Bank

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us . Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBankUS and www.twitter.com/TDNewsUS .

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com .

We offer a competitive salary and benefit program, including: comprehensive, affordable health care through medical, dental, and vision coverage; financial security with life and disability insurance; opportunities to save using health savings and flexible spending accounts; retirement benefits to help prepare for the future; paid time off and work/life benefits to maintain a good balance.

Auto req ID:

394297BR

Department Overview:

The Construction Loan Specialist II is responsible for the detailed analysis of project budgets, documentation review, and verifying funds for disbursement on loans after closing and during the construction phase. The focus of the construction administration process is to assess compliance with loan documentation and to insure loans are within budget to complete the project. The Construction Loan Administrator processes all residential construction loan draw requests.

Country:

United States, US TD Footprint

Job Requirements:

High School diploma or GED

4 Years of related experience in mortgage operations

Knowledge of full servicing guidelines as it pertains to escrow, conversion and modifications

Attention to detail, and the ability to prioritize workload

Knowledge and understanding of Loan Operations policies and procedures as well as related agency regulations

Proven computer literacy and proficiency in common PC applications

Aptitude for analysis, systems and mathematics; strong analytical and administrative abilities

Ability to multi-task in a high volume environment

Ability to interact with internal and external Customers in a professional manager to provide excellent Customer service

Hours:

40

Job Description:

Initiates financial & collateral transactions based on Customer and General Contractor requests. Analyzes and facilitates rate, commitment, collateral changes, loan payments and payoff instructions

Assists with inquiries, research, problem resolution, helps request payoffs, research payments, process incoming mail. Internal and external customer service research payment issues, process incoming mail; Internal and external customer service and contact maintenance, data entry and other tasks as assigned; Clearly communicates any changes or issues with requests and the need for any additional information to the Borrower and Contractor

Works with Borrower and Contractor to establish the procedure for the loan advances

Ensures all required documentation is on file prior to releasing fund. Reviews disbursement request against budget in order to ensure loan is not over disbursed

Orders progress inspections with assigned Appraisal Company within required timeframe

Reviews draw requests for completeness and integrity of AIA if required, inspection reports, lien waivers, invoice verification

Analyzes budget and source/ uses of funds to identify exceptions/ changes in conformity to standard monitoring requirements and to verify that the loan remains in balance

Identifies exceptions and obtains appropriate approvals as necessary

Initiates and analyzes standard and custom monitoring requirements including title/tax update, insurance, permits, inspections, survey

Maintains the integrity of data through input verifications of loan system and update of file records

Provides support and coaching to less experienced quality control personnel

Analyzes billing statements and GL's associated with customers' accounts

Inclusiveness:

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.

If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at [ Email address blocked ] - Click here to apply to Construction Loan Spec II . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.

State:

Connecticut, District of Columbia, Delaware, Florida, Georgia, Massachusetts, Maryland, Maine, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Virginia, Vermont, TD Footprint

City:

Atlanta, Baltimore City, Boston, Burlington, Charlotte, Cherry Hill, Concord, Fairfield, Greenville, Miami, Mount Laurel, New York, Philadelphia, Portland, Providence, TD Footprint, Vienna, Washington, Wilmington

Work Location:

4140 Church Road

Business Line:

TD Bank AMCB

Job Category - Primary:

Operations & Underwriting

Job Category(s):

Administrative / Clerical / Support, Operations & Underwriting, Risk Management

State (Primary):

New Jersey

State #2:

New York

State #3:

Florida

State #4:

Massachusetts

State #5:

Pennsylvania

State #6:

South Carolina

State #7:

Connecticut

State #8:

New Hampshire

State #9:

Maine

State #10:

Vermont

City (Primary):

Mount Laurel

City #2:

New York

City #3:

Miami

City #4:

Boston

City #5:

Philadelphia

City #6:

Greenville

City #7:

Fairfield

City #8:

Concord

City #9:

Portland

City #10:

Burlington

Job Family:

Banking Operations

Time Type:

Full Time

Employment Type:

Regular

Hours/Availability Detail:

Mon-Fri - normal business hours between 730-530p

Job Searches Match:

Statewide

State #11:

Virginia

State #12:

Maryland

State #13:

Delaware

State #14:

Rhode Island

State #15:

District of Columbia

State #16:

North Carolina

State #17:

Georgia

City#11:

Vienna

City #12:

Baltimore City

City #13:

Wilmington

City #14:

Providence

City #15:

Washington

City #16:

Charlotte

City #17:

Atlanta

Pay Range:

$22.75 - $34.75 hourly

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

Salary : $23 - $35