Commercial Credit Underwriter III - C3 New Money

About the role

The Commercial Credit Underwriter III role covers Commercial Borrowers that are primarily C&I customers with exposures in the $1-5MM space. The position is part of a team of underwriters that covers a geography that spans the TD footprint from Maine to Florida.

Responsibilities

• Analyzes, underwrites and may act as the final decision authority on commercial loan applications while following sound lending practices, policies and procedures.
• Ensures compliance with established underwriting guidelines, quality and production guidelines, as well as Federal Banking Regulations and Government Reporting requirements.
• Responsible for basic financial analysis of less complex loans/industries/Customers.
• Conducts credit investigations and analyzes financial information pertaining to relationships with Commercial Credit exposure up to highest authority limits.
• Performs in-depth analysis of a guarantor's financial position through a thorough investigation of personal financial statements, understanding any contingent liabilities, constructing cash flow analysis, thorough investigation of personal tax returns and credit reporting documentation.
• Investigate available sources of credit and financial information.
• Research economic and market conditions relating to the company, industry and market area.
• Notes any deviations from the loan policy, procedures and guidelines and identification / mitigation of key credit risks, and decision of appropriate structures in order to reduce credit risk.
• Identifies credit applications that require credit enhancements and decision respective applications such as SBA and other agencies.
• Renders final credit decision within individual lending authority limits, based upon the strengths and risks, collateral analysis, historical financials, business and personal cash flow & balance sheet analysis, ratio & trend analysis, review of credit bureau and business bureau reports management profiles, business/product cycles, industry information, projected operating performance, application data and the ability to repay the proposed debt.
• Considers and discusses alternative structures and overall assessments with market, sales personnel.

Requirements

• Prior lending authority strongly preferred.
• Proven analytical and research skills.
• Demonstrated problem solving skills and the ability to blend technical knowledge and good business judgment.
• Proven organizational, multi-tasking, analytical, time management and decision-making skills.
• Ability to meet deadlines.
• Strong communication skills, both verbal and written.
• Strong interpersonal skills and a team orientation.
• Ability to work with various levels of business partners.
• Developed PC skills including proficiency and capability in word processing and spreadsheet software.
• Computer literacy with a variety of software programs.
• Small Business Administration/Agency experience preferred.

Qualifications

• Undergraduate degree preferred.
• 8+ years of relevant Commercial lending experience.

Skills

• Leadership skills including coaching, counseling and mentoring of underwriting staff.
• Setting conditions of lending and involvement with shared services functions as needed to expedite loan closings.
• Maintaining a satisfactory level of portfolio delinquencies and charge-offs.
• Ensuring departmental compliance with TD Bank Credit Policy, Federal Banking Regulation and Government Reporting requirements.

Benefits

Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role.

Pay

$43.75 - $70.00 USD

Schedule

Hours 40