As part of its strategic commitment to grow its mortgage business in 2018, TD Bank has hired Rick Bechtel as executive vice president, head of U.S. mortgage banking, and Scott Lindner as national sales director.
Bechtel and Lindner bring established mortgage industry experience and key senior leadership to TD, as the bank aims to drive growth, hire new talent and expand its suite of lending offerings, the bank says in a release.
Bechtel has more than 27 years of banking and management experience, most recently serving as managing director, head of mortgage banking, at CIBC. He has also built and led successful sales teams at both Wells Fargo and Chase.
In his new role, Bechtel will oversee all aspects of the lending business, including product development, P&L management, capital and secondary markets, customer experience, and leadership of the national sales team. He will be responsible for driving growth and optimizing best-in-class technology, while maintaining the bank’s risk appetite and unique focus on the customer.
Lindner has 30 years of experience in the financial services industry. Most recently, he served as senior vice president, head of retail banking, at Scottrade, overseeing the bank’s online platform, product development and banking operations. Previously, he had managed over 100 retail bank branches for The Bank of New York and was responsible for JPMorgan Chase’s mortgage origination business in Connecticut and New York state north of New York City.
As leader of TD Bank’s mortgage loan officer sales force, Lindner will work to significantly grow the business through a combination of sales-force expansion and integration with the retail bank.