TD Bank Loan Underwriter II in Mount Laurel, New Jersey
Loan Underwriter II
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 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. To learn more, visit www.tdbank.com. at http://www.tdbank.com/ Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US .
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 at http://www.td.com/ .
Auto req ID:
This position is in Mortgage Operations/Disposition Desk.
To remain compliant with many required regulations;
strong knowledge of Lending Regulatory Requirements including but not limited to: ECOA, HMDA and Fair Lending required.
Position can be worked remotely.
Underwrites all types of income, all product types including ethical and salable residential mortgage loans and consumer loans and evaluate risk while insuring 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 evaluate all applicable documentation as required by job function and conditions loan accordingly. Informs Processor of any additional items necessary to substantiate loan request.
Demonstrates In-depth knowledge of regulatory, investor and departmental lending policies for underwriting of conventional loan requests.
Identifies loans for exceptions while ensuring proper procedures are followed for approval and documentation. Assists in clearing or resolving any issues.
Manage integrity issues 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 by Underwriting Manager.
Must be eligible for employment under regulatory standards applicable to the position.
8am - 5pm, M-F
The Loan Underwriter II is primarily responsible for:
Mortgage Operations: Underwriting and evaluating conventional, FHA, VA, and CRA Residential Mortgage applications in compliance with bank policies and procedures.
Consumer Operations: Underwriting and evaluating Home Equity and Consumer Loans.
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.
Maine, New Jersey, South Carolina
Greenville, Lewiston, Lexington, Mount Laurel
High school diploma or GED required; 2 year degree or equivalent experience preferred.
2 + years underwriting experience.
Advanced knowledge of loan underwriting documentation requirements.
Knowledge of Agency DU automated underwriting system. Must also be familiar with underwriting larger, more complex and specialty products.
Strong knowledge/experience of Lending Regulatory Requirements including but not limited to: ECOA, HMDA and Fair Lending preferred.
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 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.
151 Corley Mill Road, Bates Mill #7 (32 Chestnut), Greenville Campus Building B - 200 Carolina Point Parkway, Mount Laurel - 12000 Horizon Way
TD Bank AMCB
Job Category - Primary:
Operations & Underwriting
Operations & Underwriting
Credit Underwriting / Adjudication and Support
Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.