Loan Underwriter IV

Work Location

Windham, Maine, États-Unis d'Amérique

40

$43.75 - $70.00 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience  compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Gestion du crédit

The Underwriter IV underwrites and evaluates the most complex conventional, FHA, VA, and CRA Residential Mortgage applications in compliance with bank policies and procedures. This job also underwrites and evaluates Home Equity and Consumer Loans.

• Underwrites complex residential mortgage loans and evaluates risk while ensuring the quality of each loan submitted
• Senior level loan decision authority, reviews and underwrites most complex portfolio loans – CEMA, Med/Pro, Construction, Jumbo and Wealth
• Approves loans, issues alternative options, or adverse action accordingly using sound judgment while applying bank policies and procedures within risk tolerance
• Independently considers, recommends and discusses alternative structures and overall assessments
• 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.
• Indirect supervisory authority; coaches and mentors junior underwriters; assists with training and assesses analysis prepared for accuracy and compliance with policy, guidelines and procedures in all prepared loan recommendations to arrive at an appropriate credit decision
• Obtains and reviews financial information and provides in-depth credit analysis practices
• Acts as a subject matter expert in the most complex lanes or work

• 4 Year Degree or equivalent experience preferred
• 5-7 Years of related experience
• Strong knowledge of local market sector and industry trends
• Ability to understand and interpret real estate appraisals
• Ability to identify, analyze and mitigate project risks
• Advanced written and verbal communication skill
• General knowledge of Microsoft Office Suite
• Strong interpersonal and negotiation skills
• Strong Focus on documentation and risk management
• Demonstrated ability to complete complex tax return analysis to determine cash flow income
• History of underwriting complex jumbo loans in addition to thorough knowledge of agency guidelines

Never: 0%;
Occasional: 1-33%;
Frequent: 34-66%;
Continuous: 67-100%

• Domestic Travel – Occasional
• International Travel – Never
• Performing sedentary work – Continuous
• Performing multiple tasks – Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds – Occasional
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting/Carrying (under 25 lbs.) – Occasional
• Lifting/Carrying (over 25 lbs.) – Never
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Never
• Crawling – Never
• Climbing – Never
• Reaching overhead – Never
• Reaching forward – Occasional
• Pushing – Never
• Pulling – Never
• Twisting – Never
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems involving standardized situations – Continuous
• Reading, writing and comprehending instructions – Continuous
• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by…