Work Location:Charlotte, North Carolina, United States of America
Hours:40
Pay Details:$120,000 - $180,000 USD
TD is committed to providing fair and equitable compensation opportunities to all colleagues. 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.
As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.
Line of Business:Personal & Commercial Banking
Job Description:Department Overview:The Credit Specialist II position is responsible for managing a commercial real estate loan portfolio of secured loans. The secured loans are collateralized by various property types (multi-family, industrial, office, retail, and self-storage). This Credit Specialist will review potential loan transactions to determine if the transaction meets TD's credit appetite while also underwriting loans for approval. This role will also review loan documents to ensure TD's loan documentation standards are being met, and the loan approval is being properly documented. This role will also build and maintain productive relationships with all business partners within TD Bank while ensuring annual reviews are completed on time and financial covenants are tested on a timely basis. Lastly, this individual will review construction inspection reports to track construction progress and make recommendations on construction loan advances.
The above details are specific to the role which is outlined in the general description below.
The CSB Credit Specialist II is responsible for ensuring quality and compliance within an assigned portfolio, supporting new business development while applying credit risk policy and adhering to TDBG risk appetite. The CSB Credit Specialist II performs the credit underwriting and credit administration functions. The CSB Credit Specialist II works to achieve credit management objectives within the team. The job works closely with the Relationship Manager and Credit Officer to ensure consistency with the TD Bank Groups Risk Appetite Principles, including establishing the Borrower Risk Ratings and Facility Risk Ratings for new and existing credit relationships.
Depth & Scope:- Performs in depth credit analysis for which a majority of accounts consist of; highly diverse portfolios at the highest complexity; large pieces of a much bigger client portfolio that may include other institutions and input; risk factors that create large variables to create decisions on portfolios
- Performs in depth credit analysis in partnership with Relationship Manager on potential and existing customers to determine alignment with TD Bank products/structure TD Credit Risk Appetite and credit policies/underwriting guidelines
- Partners with the Relationship Manager on potential structure proposals that are in alignment with TD Bank products/structure, TD Credit Risk Appetite and credit policies/underwriting guidelines
- Attends site visits and prospect/customer calls as needed or as requested
- With support from the Credit Analyst, prepares credit applications for new and existing borrowers; Applications shall include new transactions, extensions, modifications, renewals and Annual Reviews
- Ensures applications provide a high quality of risk assessment, credit structure, due diligence, and credit presentation and adheres to AIRB methodology and addresses TD Banks profitability objectives
- Manages the timely approval, documentation preparation and negotiation, and closing of new and existing transactions
- Be knowledgeable of and operate within the applicable regulatory and compliance guidelines/policies & procedures (including but not limited to: AML, Privacy, Firewalls, Systems & Information Security, FCAC, etc.) and ensures that all staff complete required compliance attestations/training within required timelines
- Ensures the managed portfolio is comprehensively monitored and controlled, adhering to and administered within approved guidelines and in line with established operating policies and procedures
- Interprets and applies TDs risk management strategy (both credit and operational)
- Understands changing market conditions and remain knowledgeable of relevant industry issues
- Manages aspects of the customer relationship including, but not limited to, reviewing reports and delinquencies, sign off of covenant compliance forms and determining strategy if failures occur, completing monthly monitoring; overseeing Credit Analysts that will provide support in these responsibilities
Education & Experience: - 4 year Undergraduate degree; advanced degree in financial discipline preferred, other advanced degree considered
- 7+ years' experience in related field
- Excellent credit underwriting and administration skills; considered subject matter expert in complex credit understanding
- Superior ability to identify and mitigate risk
- Ability to provide value-add structuring alternatives for highly complex credits
- Strong written and excellent verbal communication skills with solid business acumen
- Solid interpersonal skills
- Customer focused
- Strong planning and organizational skills
- Ability to problem solve in more complex situations
- Technologically proficient
Physical Requirements:Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
- Domestic Travel - Occasional
- International Travel - Never
- Performing sedentary work - Continuous
- Performing multiple tasks - Continuous
- Operating standard office equipment - Continuous
- Responding quickly to sounds - Occasional
- Sitting - Continuous
- Standing - Occasional
- Walking - Occasional
- Moving safely in confined spaces - Occasional
- Lifting/Carrying (under 25 lbs.) - Occasional
- Lifting/Carrying (over 25 lbs.) - Never
- Squatting - Occasional
- Bending - Occasional
- Kneeling - Never
- Crawling - Never
- Climbing - Never
- Reaching overhead - Never
- Reaching forward - Occasional
- Pushing - Never
- Pulling - Never
- Twisting - Never
- Concentrating for long periods of time - Continuous
- Applying common sense to deal with problems involving standardized situations - Continuous
- Reading, writing and comprehending instructions - Continuous
- Adding, subtracting, multiplying and dividing - Continuous
The 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.
