JOB DESCRIPTION:

The Senior Manager, Underwriting Quality leads a team of Underwriters who review Monthly Pre-Fund and Post Close quality results. This role is also responsible for reviewing and curing loan level quality errors across the underwriting function. In addition to managing an underwriting team, the Quality Underwriting Manager II is a subject’s matter expert in processing, closing, or underwriting processes. Works closely with capital markets, participates in process implementation of new guidelines, new processes required by new regulations, participates in internal and external audits, and is actively engaged in the Issue Management Framework process.

EDUCATION & EXPERIENCE:

• Bachelor’s Degree or work experience equivalent to Bachelor’s degree required
• 10+ years of mortgage underwriting related experience
• Experience managing underwriting quality is preferred
• In-depth knowledge and understanding of bank operations, department policies, procedures, products, services, systems, underwriting guidelines, 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
• Detail-oriented and self-motivated

PREFERRED QUALIFICATIONS:

• Experience managing remediation of unsalable transactions reported by TD Bank Government and Private investors or internal Quality partners
• Experience processing, underwriting, or the closing processes. The role performs research and provides responses to internal and external audit requests, provides resolution to regulatory/nonregulatory action plans, and performs process audits to ensure the business line is operating according to TD Bank Home Loans standards.
• Underwrites complex residential mortgage loans and evaluates risk while ensuring the quality of each loan submitted

PHYSICAL REQUIREMENTS:

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 people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

WHO WE ARE:

TD is one of the world’s leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.
TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Please refer the Job description for details