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TD Securities

Commercial Credit Underwriter II (US)

TD Securities, Mount Laurel, New Jersey, United States

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Work Location Mount Laurel, New Jersey, United States of America

Hours: 40 hours per week

Pay: $34.75 - $52.00 USD

Line Of Business Personal & Commercial Banking

Job Description Depth & Scope:

May possess loan decision authority up to position authority limits as defined in credit policy

May possess exception and high-risk authority

Acts as a mentor and participates in the on-going development of the Underwriting Staff

Conducts credit investigations and analyzes financial information pertaining to relationships with Commercial Credit exposure up to highest authority limits

Underwrites loans and performs historical business financial analysis and cash flows, including communicating with the borrower's accountant (as needed) to gain a better understanding of the company's accounting practices

May perform in-depth analysis of a guarantor's financial position through a thorough investigation of personal financial statements, understanding any contingent liabilities, constructing a global cash flow analysis, thorough investigation of personal tax returns and credit reporting documentation/ loan scoring output data

May 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 accordingly

May render 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 / loan scoring output data, management profiles, business/product cycles, industry information, projected operating performance, application data and the ability to repay the proposed debt

When applicable, considers and discusses alternative structures and overall assessments with market, sales personnel and Customers

Sets conditions of lending and involvement with shared services functions as needed to expediate loan closings. Meets turnaround requirements of a high-volume loan production environment, while maintaining strong quality of work produced

Maintains a satisfactory level of portfolio delinquencies and charge-offs

Ensures departmental compliance with TD Bank Credit Policy, Federal Banking Regulation and Government Reporting requirements

Education & Experience

Undergraduate degree preferred

4+ years of relevant commercial lending experience

Prior lending authority preferred

Proven analytical and research skills

Strong understanding of credit underwriting and industry practices

Previous experience with business and personal financial statement analysis

Demonstrated problem solving skills and the ability to blend technical knowledge and good business judgment

Strong communication skills, both verbal and written

Proven organizational, multi-tasking, analytical, time management and decision-making skills

Ability to meet deadlines

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

Physical Requirements

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

EEO Statement TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.

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