Loan Underwriting Manager I
About The Position
The Loan Underwriting Manager I supervises a team of Underwriters. The Loan Underwriting Manager I oversees daily underwriting activities, including workflow, turnaround, productivity, escalations and quality monitoring. Depth & Scope: Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required Supervises daily operations to ensure accuracy and efficiency of workflow and staff Ensures 48 hour turn time SLA is met Manages employees in lower complexity lanes Helps with the selection process, orientation, compensation decisions and performance reviews of staff members Demonstrates sound judgment conveying departmental policies and procedures Conducts staff meetings and individual one on one monthly meetings with underwriters Underwrites and decisions loans that are escalated by their team. Underwriting authority of $1.5 Million dollars Performs other duties as may be assigned Provides exceptional customer service, congruent with WOW! Philosophies to customers, vendors and other institutions
Requirements
- Bachelor’s Degree or work experience equivalent to Bachelor's degree required
- 10+ Years of related experience
- In-depth knowledge and understanding of bank operations, department policies, procedures, products, services, systems and applications
- Proven ability to interact with all TD Bank and departmental customers
- Excellent oral and written communication skills
- Excellent PC skills and familiarity with standard office equipment
- Ability to work in a fast-paced, dynamic environment a must
- Detail-oriented, self-motivated and has excellent customer service skills
- Excellent interpersonal skills
- Proven supervisory experience, organizational, analytical and decision-making skills
- In-depth knowledge of accounting
- Flexibility in adjusting priorities
- Proven ability to pro-actively manage workflow
- Strong communication skills preferred
- Must be eligible for employment with a covered financial institution under the standards established by Regulation Z of the Truth in Lending Act, 12 CFR Part 1026.36.
- Must be eligible for registration as a registered mortgage loan originator with the NMLS (Nationwide Mortgage Licensing System and Registry) in accordance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), 12 U.S.C. §§ 5102 et seq., and its implementing regulations, 12 CFR Part 1007
- Satisfactory results on a criminal background check and a credit report check, and statements/certification from job applicant regarding administrative, civil, and/or criminal findings by any government agency/authority, are required by federal law for this position.
Nice To Haves
- Management experience preferred
- Underwriting experience preferred
Responsibilities
- Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
- Supervises daily operations to ensure accuracy and efficiency of workflow and staff
- Ensures 48 hour turn time SLA is met
- Manages employees in lower complexity lanes
- Helps with the selection process, orientation, compensation decisions and performance reviews of staff members
- Demonstrates sound judgment conveying departmental policies and procedures
- Conducts staff meetings and individual one on one monthly meetings with underwriters
- Underwrites and decisions loans that are escalated by their team.
- Underwriting authority of $1.5 Million dollars
- Performs other duties as may be assigned
- Provides exceptional customer service, congruent with WOW! Philosophies to customers, vendors and other institutions
Benefits
- Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals.
- 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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What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
101-250 employees
