Loan Processing Manager - Mortgage
The Loan Processing Manager - Mortgage will oversee the day-to-day operations of a residential processing team ensuring efficiency, compliance, and superior service delivery. They will be proactive, adaptable, handle a wide range of responsibilities, be able to work in a fast-paced environment working with internal and external partners and is self-driven to execute on leadership directives. The Loan Processing Manager responsibilities will include pipeline management in respect to : Voice of the Customer, Executing on the Monthly Funding Goal, Managing Loan Velocity, Managing Closing Dates, Phone Metrics, Quality Assurance / Control Results.
The role benefits from expertise in residential lending, mortgage compliance regulations, people management (12-15 Processors), strong leadership skills, proficiency with Encompass, Microsoft products (strong Excel skills).
Please note position is hybrid (in office 4x per week) to Jacksonville, FL - Mount Laurel, NJ - Charlotte, NC - Greenville, NC - or Lewiston, SC
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
- Oversees single to multi-faceted Retail Credit and Loan Origination functions / disciplines
- Responsible for overseeing the day to day management of all assigned staff
- Provides daily leadership to staff with regards to all process, policy, account management, processing underwriting, and closing functions as needed
- Ensures established policy and procedure is followed by all operations team members
- Supports the commitment to WOW! Service by meeting or exceeding established Operational Metrics.
- Responsible for ensuring accurate loan delivery
- Provides training and / or guidance to team members and sales staff (this includes management level team members)
- Supports TD Bank's mission, vision, strategic goals, quality initiatives and service standards
- Coaches and mentors staff, ensures employees are properly trained
- Adheres to all audit, regulatory, and compliance requirements Lending authority required in accordance with the Bank's Retail Lending Authority and Exception Approval Policy
- Develops and maintains strong business relationships with Retail, Product, and other business partners, facilitates partnership meetings
- Serves as escalation point for customer complaint resolution
Education & Experience
Bachelor's degree or relevant work experience in addition to experience below3+ Years Residential Mortgage or Consumer Lending loan experience of conventional, FHA, and VA loans or Consumer Loan experienceMust have management experience 2+ years with overall responsibility for processing, underwriting, or closing of residential mortgage loansExtensive working knowledge of residential loan documentation.Must also be familiar with consumer or mortgage documentation for jumbo loans, FHA VA and niche products.Excellent oral and written communication skillsExcellent PC skills and familiarity with standard office equipmentAbility to work in a fast-paced dynamic environmentDetail-oriented, self-motivated, possessing excellent organizational, analytical and decision-making skillsKnowledge of regulatory, Investor and departmental policies for compliance and residential lending laws. Knowledge of CRA products and Industry.Fast paced environment; ability to multi-task effectivelyBased on business volume and turn times additional hours and / or weekend hours may be requiredAbility to effectively communicate with all levels of managementAbility to think out of the box in structuring and processing loan requestsPreferred Qualifications
Strong Word and Excel skills (ability to format documents and spreadsheets, pivot tables, etc)Strong coaching and leadership skills (holding team accountable)OCC Language
This position falls within the definition of Loan Originator as defined under Regulation Z of the Truth in Lending Act, 12 CFR Part 1026.36, and the definition of Mortgage Loan Originator as defined under 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.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.Physical Requirements
Never : 0%; Occasional : 1-33%; Frequent : 34-66%; Continuous : 67-100%
Domestic Travel OccasionalInternational Travel NeverPerforming sedentary work ContinuousPerforming multiple tasks ContinuousOperating standard office equipment - ContinuousResponding quickly to sounds OccasionalSitting ContinuousStanding OccasionalWalking OccasionalMoving safely in confined spaces OccasionalLifting / Carrying (under 25 lbs.) OccasionalLifting / Carrying (over 25 lbs.) NeverSquatting OccasionalBending OccasionalKneeling NeverCrawling NeverClimbing NeverReaching overhead NeverReaching forward OccasionalPushing NeverPulling NeverTwisting NeverConcentrating for long periods of time ContinuousApplying common sense to deal with problems involving standardized situations ContinuousReading, writing and comprehending instructions ContinuousAdding, subtracting, multiplying and dividing ContinuousThe 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.