Credit Management Associate III (US)

About the role

The Credit Management Associate III provides ongoing support to an assigned commercial customer account portfolio within Credit Management. The Associate will be involved in origination requests and ongoing portfolio administration throughout the lifecycle of each account.

Responsibilities

• Ensures all required processes are completed in accordance with Bank standards and procedures while driving data accuracy and quality control to avoid losses and reduce undue risk.
• Works with lending and credit management personnel on customer requests to determine and collect critical information from a variety of sources, third parties, and internal partners for utilization in key tasks within the loan origination and portfolio management systems.
• Manages an assigned account portfolio for new and existing commercial customers to provide consistent professional service and support throughout the total lifecycle of each account.
• Aids in the uploading of due diligence received during underwriting to the image repository system, in preparation of Loan Specialist assignment.
• Assists with preparing the most basic financial analysis of less complex loans / industries/ Customers, maintaining credit file, financial statement and assisting with analysis memos.
• Inputs necessary information into loan origination system to generate loan documents; assists with closing of new loan accounts and submits information for boarding; assists loan team in preparing a complete approval package in preparation for closing.
• Works closely with Credit Management team in supporting basic underwriting functions including spreading of financial statements.
• Assists in researching industry specific information from outside sources, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet.
• Supports and assists Credit Management CCM team with reporting, loan activities, delinquencies and tracking in loan information.
• Generates and distributes reports to the Credit Management team, as needed.
• Manages a loan pipeline from origination through booking in accordance with Bank policies and procedures.
• Follows quality control procedures to verify records contain proper content using checklist and other tools.
• Creates/manage/confirm TD document changes and inputs are consistent with system requirements.
• Evaluates best course of action taking into account bank policy, regulatory requirements, impact to the customer, and impact to the bank as well as cost factors.
• Establishes strong working relationships with commercial stakeholders, credit risk and other internal areas involved in underwriting, approval and closing loans.
• Performs lockdown control / QC Function post-approval of a customer request to verify approved terms by Credit Management and Credit Risk align to the loan origination system data.
• Provides support with onboarding activities.

Requirements

• 4 year degree or equivalent experience
• 3+ Years of related experience
• Accounting knowledge, including FASB and GAAP regulations, particularly in assigned line(s) of business
• Curious and observant with willingness to investigate to understand details of assigned business lines/accounts
• Strong analytical and problem solving skills
• Proactive, with ability to obtain necessary information and influence others in a tactful way without direct authority
• Relationship management skills, with ability to develop good client working relationships
• Communication skills, with ability to clearly display and explain numerical information and articulate required accounting treatment
• PC skills, including understanding of accounting software applications
• Ability to analyze non-routine transactions and those requiring judgment

Qualifications

• Never: 0%
• Occasional: 1-33%
• Frequent: 34-66%
• Continuous: 67-100%

Skills

• Accounting knowledge
• Financial analysis
• Underwriting
• Loan origination
• Customer relationship management
• Problem solving
• Communication
• Computer skills

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. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

Pay

$25.50 - $36.00 USD TD is committed to providing fair and equitable compensation opportunities to all colleagues.

Schedule

Hours 40