TD Securities · 19 hours ago
Loan Underwriter III - Home Equity
Mount Laurel, NJ
Full-time
Onsite
Mid, Senior Level
$34.75/hr - $52/hr
3+ years expTD Securities is one of the world's leading global financial institutions and the fifth largest bank in North America. They are seeking a Loan Underwriter III who will underwrite and evaluate residential mortgage applications and home equity loans in compliance with bank policies. The role involves assessing risk, approving loans, and mentoring operations staff.
BankingFinanceFinancial Services
Responsibilities
Underwrites ethical and salable residential mortgage and consumer loans and evaluates risk while ensuring 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 evaluates all applicable documentation as required by job function
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
Coaches and mentors assigned operations staff; assists with training and guidance as assigned
Monitors vendor performance if required, submits monthly reports to management
Qualification
Required
2 year degree or equivalent experience preferred
3-5 years loan underwriting experience or 5-7 years of loan processing experience
3-5 Years Residential Loan Underwriting Experience
Supports the High Net Worth/Wealth Mgmt customers, with residential/consumer lending limits in the $1-2MM aggregate range as approved by Credit Risk Management
Outstanding knowledge of loan underwriting documentation requirements
Mortgage Operations - complete knowledge of FNMA DU automated underwriting system; must also be familiar with underwriting jumbo loans and government products such as FHA and VA loans
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 regulatory, investor and departmental lending policies for underwriting of conventional loan requests
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
Preferred
Experience with complex files preferred
Home equity experience preferred
Benefits
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
Reward and recognition
Company
TD Securities
TD Securities is an investment banking that offers global transaction, M&A advisory, foreign exchange, and equity research services.
5001-10000 employees
H1B Sponsorship
TD Securities has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (70)
2024 (49)
2023 (37)
2022 (31)
2021 (27)
2020 (30)
Funding
Current Stage
Late StageLeadership Team
Rona Ambrose
Deputy Chairwoman
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