Credit Analyst I - Regional Commercial Banking

Work Location: Springfield, Massachusetts, United States of America. Full-time, 40 hours per week.

About the role

The Credit Analyst I conducts in-depth industry and financial analysis of existing and potential borrowers, supporting the Lending and Credit functions of the Bank.

Responsibilities

• Perform basic financial analysis of less complex loans, industries, and customers; work is reviewed and monitored by lead staff.
• Develop a basic understanding of loan risk factors.
• Research industry-specific information from outside sources, including conversations with borrowers, industry publications, libraries, other banks, credit agencies, and the Internet.
• Participate in customer meetings and make direct inquiries for specific customer information based on prior research, experience, and knowledge (may require occasional travel).
• Serve as an integral part of the loan origination process, performing underwriting analysis of borrower’s character, creditworthiness, and financial condition.
• Support the lending function by providing analytical support.
• Prepare insightful and timely approval memorandums for presentation to appropriate lending and credit authorities.
• Analyze financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, etc., of future and existing customers to identify trends, measure performance, assess financial strength, and develop an assessment of credit risk.
• Maintain credit files, monitor data such as updated financial statements, and prepare updated analysis memos.
• Monitor compliance with regulatory requirements.
• Provide written analysis identifying deviations from the Company Commercial Loan Policy and become familiar with alternative structures to reduce credit risk.
• Achieve operational performance standards in quality and timeliness.

Requirements

• 4-year degree or equivalent experience.
• 1+ years of related experience preferred.
• Basic knowledge of credit and financial analysis techniques.
• Strong oral and written communication skills.
• Strong analytical and research skills.
• Developed PC skills, including proficiency in word processing and spreadsheet software.
• Ability to meet deadlines.
• Ability to maintain the confidentiality of credit and customer information.
• Good interpersonal skills and team orientation.

Physical Requirements

• Domestic Travel: Occasional (1-33%)
• International Travel: Never (0%)
• Performing sedentary work: Continuous (67-100%)
• Performing multiple tasks: Continuous (67-100%)
• Operating standard office equipment: Continuous (67-100%)
• Responding quickly to sounds: Occasional (1-33%)
• Sitting: Continuous (67-100%)
• Standing: Occasional (1-33%)
• Walking: Occasional (1-33%)
• Moving safely in confined spaces: Occasional (1-33%)
• Lifting/Carrying (under 25 lbs.): Occasional (1-33%)
• Lifting/Carrying (over 25 lbs.): Never (0%)
• Squatting: Occasional (1-33%)
• Bending: Occasional (1-33%)
• Kneeling: Never (0%)
• Crawling: Never (0%)
• Climbing: Never (0%)
• Reaching overhead: Never (0%)
• Reaching forward: Occasional (1-33%)
• Pushing: Never (0%)
• Pulling: Never (0%)
• Twisting: Never (0%)
• Concentrating for long periods of time: Continuous (67-100%)
• Applying common sense to deal with problems involving standardized situations: Continuous (67-100%)
• Reading, writing, and comprehending instructions: Continuous (67-100%)
• Adding, subtracting, multiplying, and dividing: Continuous (67-100%)

Pay

$25.75 - $38.50 USD per hour. TD is committed to providing fair and equitable compensation opportunities. The base pay offered may vary based on skills, experience, job-related knowledge, geographic location, and other business and organizational needs.

Benefits

• Base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards).
• 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 and reward and recognition programs.

About TD

TD is one of the world's leading global financial institutions and the fifth-largest bank in North America by branches/stores. With over 95,000 colleagues, TD serves more than 27 million households and businesses in Canada, the United States, and around the world. TD is committed to fostering deeper relationships, disciplined execution, and a simpler, faster banking experience. The bank emphasizes colleague development through regular career and performance conversations, training programs, and mentoring opportunities.