Job Description

Job Description

Underwrites ethical and salable residential mortgage and consumer loans and evaluates risk while ensuring the quality of each loan submitted
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

Requirements

2 year degree or equivalent experience preferred
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

* Must be eligible for employment under regulatory standards applicable to the position.

Hours

40

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.