Loan Ops Mgr I (US)

TDMount Laurel, NJ
1d$72,280 - $108,160

About The Position

The Loan Operations Manager I manages or oversees operations of several functions or processes within Loan Operations. They will manage 3 small teams - workflow, investor processing and commercial credit support. There is no customer contact as all requests come internally. In addition, the Loan Operations Manager I will provide coaching, complete scheduling and step into daily work to cover PTO.

Requirements

  • Bachelors degree or progressive work experience in addition to experience below
  • 7-10 years related experience required
  • Operational management experience specific to the section of operations managed.
  • In-depth knowledge of principles, practices, policies, and procedures related to the operational areas managed.
  • Strong leadership, delegation, coaching, and mentoring skills.
  • Excellent problem/conflict resolution skills.
  • Excellent written and verbal communications skills.
  • In-depth knowledge of relevant banking rules and policies.
  • Ability to balance competing priorities and make sound decisions within, and outside of, established policy.
  • Ability to develop new policies and procedures in response to and in anticipation of changes in the business environment.
  • Generally manages a total of 40-150 staff, primarily nonexempt, (including supervisory and lead positions) in up to 6 functions.
  • Exhibit forward thinking capabilities.
  • Occasional travel required.

Responsibilities

  • Manages operations of several functions or processes within operations and is most often accountable for an entire segment of the operations department
  • Modifies policies and procedures to improve performance of units supervised
  • Often manages a unit or units geographically separated from immediate management through subordinate supervisors
  • Participates or leads multiple projects within department or across divisions
  • Serves as change agent to identify and implement continuous improvement within teams
  • Provides recommendations toward strategic vision and tactical goals
  • Continuously accesses the quality of team member performance, incoming volumes, productivity, capacity, SLAs and metrics
  • Ensures team consistently meets or exceeds SLAs
  • Develops relationships with management of internal and external functions/departments to enhance productivity of managed units
  • Seeks to influence others as needed to gain support and sponsorship for departmental initiatives
  • Manages bank conversions as they pertain to managed operational units
  • Develops and maintains an overall operating budget, ensures adherence to budget, and takes corrective action as necessary
  • Applies the performance management process, supporting Employees in their personal and performance development
  • Develops and manages the team by recruiting, training and coaching

Benefits

  • Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
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