What are the responsibilities and job description for the Loan Underwriter III position at TD Bank?
TD Description
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J.
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".Department Overview
Job Description
Approves loans, issues alternative options, or adverse action accordingly using sound judgment while applying bank policies and procedures
Validates the data entry to the appropriate Loan Operating System and evaluates all applicable documentation as required by job function
Evaluates all documents and conditions loan accordingly
Identifies loans for exceptions while ensuring proper procedures are followed for approval and documentation; clears or resolves any issues
Escalates integrity issues as appropriate and ensures files are compliant to internal guidelines and external regulatory requirements
Maintains knowledge of loan product guidelines, internal policies and procedures, and regulatory requirements
Coaches and mentors assigned operations staff; assists with training and guidance as assigned
Monitors vendor performance if required, submits monthly reports to management
Job Requirements
3-5 years loan underwriting experience or 5-7 years of loan processing experience
3-5 Years Residential Loan Underwriting Experience
Supports the High Net Worth/Wealth Mgmt customers, with residential/consumer lending limits in the $1-2MM aggregate range as approved by Credit Risk Management
Outstanding knowledge of loan underwriting documentation requirements
Mortgage Operations - complete knowledge of FNMA DU automated underwriting system; must also be familiar with underwriting jumbo loans and government products such as FHA and VA loans
Ability to effectively communicate with all types of personalities and the ability to provide excellent customer service to both internal and external customers
Superior oral and written communication skills
Excellent PC skills
In-depth knowledge of regulatory, investor and departmental lending policies for underwriting of conventional loan requests
In-depth knowledge of CRA products and industry
Detail oriented, possessing excellent organizational, analytical and decision making skills
Ability to communicate with multiple business partners in the organization
Ability to handle heavy workload, multitask and meet stringent deadlines
Qualifications
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 USWAPTDO@td.com . 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.
Job Family
Job Category - Primary
Job Category(s)
Hours
Business Line
Time Type
Employment Type
Country
Province/State
City
Work Location
**Province/State (Primary)
City (Primary)
ProvState 2
City(s) 2
ProvState 3
City(s) 3
ProvState 4
City(s) 4
Salary : $1 - $0
