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TD Bank Retail Lending Consumer Credit Officer (US) in Mount Laurel, New Jersey

313515BR

Job Title:

Retail Lending Consumer Credit Officer (US)

TD Description:

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. 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 .

Auto req ID:

313515BR

Country:

United States

Job Requirements:

  • ending Authority up to $3 Million for mortgage and $6 Million Aggregate

  • Reviews highly complex Wealth group: Mortgage, Home Equity or Personal Lending loans

  • Completes Analysis of Entire Credit, Income, Asset and Collateral profile of customer

  • Completes Analysis of Businesses where the customer has 25% or greater ownership percentage.

  • Partners with Wealth and Commercial Underwriting groups on loans over $3 Million, presenting Money out form and complete overview of the entire loan underwriting details

  • Wealth/Commercial completes decision on the loans over $3 Million using details provided by the Retail Lending officer

  • Acts as escalation point for questions on underwriting policies and procedures within broader operations teams

  • Role impacts across all functions in operations and with all loan products

  • Approver for multiple business line loan level policy exceptions, and up to 1 Board reportable exception per transaction

  • Wealth policy and product exception decision authority

  • Works closely with Head of Underwriting regarding policy and exception strategy and process

  • Consultant for audits and Underwriting training materials

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

Hours:

M - F

Job Description:

The Retail Lending Consumer Credit Officer completes the underwriting decisions on US Mortgage, Home Equity or Personal Lending loans at high dollar limits in support of wealth lending.

The Retail Lending Consumer Credit Officer manages a variety of credit and portfolio management activities for the Shared Services Division, supporting Mortgage, Home Equity and Consumer lending products

Day to day activities involve the analysis of new business, making credit decisions, quality control and other activities. This job reviews loan applications of prospects, makes credit decisions and structuring recommendations and/or works through related department credit areas according to established Company credit policies.

The Retail Lending Consumer Lending officer manages a variety of special projects, such as analyzing new products, supporting training of high-level underwriters, and providing guidance on policies and procedures impacting Wealth Clients.

The Retail Lending Consumer Lending Officer coordinates with sales, management, credit and other personnel to establish credit criteria for customers meeting Wealth Criteria with complex scenarios and/or loan amounts in excess of $3 Million dollars.

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.

Province/State:

New Jersey

City:

Mount Laurel

Qualifications:

  • 4 year degree or progressive work experience

  • 10 + Years of advanced underwriting experience required

  • Advanced knowledge of personal and business tax return analysis from both retail and commercial lending

  • Strong understanding of credit management and financial analysis

  • Understanding of Wealth Management industry desired

  • Refined negotiation skills

  • Excellent communication skills, both verbal and written

  • PC skills Work Location: Mount Laurel - 12000 Horizon Way Business Line: TD Bank AMCB Job Category - Primary: Operations & Underwriting Job Category(s): Operations & Underwriting **Province/State (Primary): New Jersey City (Primary): Mount Laurel Job Family: Banking Operations Time Type: Full Time Employment Type: Regular Hours/Availability Detail: 40 Work Remotely: Statewide

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

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