National Commercial Underwriting Manager I (US)
TD Bank, Mount Laurel, New Jersey, United States
**Work Location:**Mount Laurel, New Jersey, United States of America**Hours:**40**Pay Details:**$115,440 - $186,160 USDTD 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 National Commercial Underwriting Manager I will lead the Portfolio Management department of the Healthcare Practice Solutions Group (HPSG) within C3M. Responsibilities include people management of approximately 8 underwriters, oversight over the HPSG portfolio within C3M, review of approval packages for annual reviews, criticized assets,
modifications, and other credit actions, recommend and/or approve loans within NCUM I credit authority and other duties as directed by manager.Candidate should possess strong underwriting skills, proven leadership and organizational skills, ability to multi-task, meet deadlines, achieve risk and control thresholds, provide mentorship, motivation, training and coaching to direct reports and knowledge of TD's relevant policies and procedures.The above details are specific to the role which is outlined in the general description below.The National Commercial Underwriting Manager I manages the credit underwriting and credit administration functions for assigned portfolio, consistent with the TD Bank Group Risk Appetite Principles. Establishes the credit structure, Borrower Risk Ratings and Facility Risk Ratings (where applicable) for new and existing credit relationships. The job directs the Centralized Credit Management staff within its assigned teams in the monitoring of the portfolio and/or origination of new credit exposure. The job manages a team of commercial credit professionals including Commercial Credit Underwriters.**Depth & Scope:*** Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required* Manages a commercial underwriting team that adjudicates credits with a variety of complexities.* Leads a team of Commercial Credit Underwriters.* Guides the team to properly structuring new and existing credit exposure within the bank's risk appetite.* Ensures adherence to Risk Policies, implements operational risk processes, policies, and practices and drives satisfactory regulatory audits, loan review, internal audits, and compliance audits.* Possesses loan decision authority up to position authority limits as defined in credit policy* Expected to attain and exercise exception and high-risk loan authority* Takes part in decision appeal discussion with sales management and/or credit risk management* Acts as a leader and participates in the on-going development of your Underwriting team* Considers and discusses alternative structures such as SBA and other agencies and overall assessments with market, sales personnel* Contributes to discussions of policy and standards adjustments with senior management team* Drives team to meet turnaround requirements in a 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 and Credit Standards, Federal Banking Regulation and Government Reporting requirements. Contribute to organizational strategic initiatives such as process improvement, system enhancements, process workflow* Builds and maintains productive relationships with all business partners within the Commercial Bank and encourages team to do the same* Coaches the Credit Managers and Underwriters in developing value-added credit solutions for our customers that are consistent with the TD Bank Group Risk Appetite Principles* Drive employee satisfaction and morale**Education & Experience:*** Undergraduate degree preferred* 10+ years of relevant commercial lending relationship management, underwriting, and/or adjudication experience* Prior lending authority >/= $1 million preferred Small Business Administration/Agency, Healthcare Practice Solutions, or other specialty lending experience preferred* Prior people management experience preferred* Proven leadership abilities* Ability to lead in a highly professional, systems-based environment* 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.* Demonstrated understanding of value-add credit structuring in a commercial banking environment* 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* Computer literacy with a variety of software programs* Demonstrated credit underwriting and administration skills* Proven ability to identify and mitigate risk* Demonstrated understanding of value-add credit structuring in a commercial banking environment* Excellent communication skills with understanding of business acumen* Excellent interpersonal skills* Customer focused* Excellent planning and organizational skills* Proven ability to problem solve**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 – ContinuousThe 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.**Who We Are:**TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader #J-18808-Ljbffr
modifications, and other credit actions, recommend and/or approve loans within NCUM I credit authority and other duties as directed by manager.Candidate should possess strong underwriting skills, proven leadership and organizational skills, ability to multi-task, meet deadlines, achieve risk and control thresholds, provide mentorship, motivation, training and coaching to direct reports and knowledge of TD's relevant policies and procedures.The above details are specific to the role which is outlined in the general description below.The National Commercial Underwriting Manager I manages the credit underwriting and credit administration functions for assigned portfolio, consistent with the TD Bank Group Risk Appetite Principles. Establishes the credit structure, Borrower Risk Ratings and Facility Risk Ratings (where applicable) for new and existing credit relationships. The job directs the Centralized Credit Management staff within its assigned teams in the monitoring of the portfolio and/or origination of new credit exposure. The job manages a team of commercial credit professionals including Commercial Credit Underwriters.**Depth & Scope:*** Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required* Manages a commercial underwriting team that adjudicates credits with a variety of complexities.* Leads a team of Commercial Credit Underwriters.* Guides the team to properly structuring new and existing credit exposure within the bank's risk appetite.* Ensures adherence to Risk Policies, implements operational risk processes, policies, and practices and drives satisfactory regulatory audits, loan review, internal audits, and compliance audits.* Possesses loan decision authority up to position authority limits as defined in credit policy* Expected to attain and exercise exception and high-risk loan authority* Takes part in decision appeal discussion with sales management and/or credit risk management* Acts as a leader and participates in the on-going development of your Underwriting team* Considers and discusses alternative structures such as SBA and other agencies and overall assessments with market, sales personnel* Contributes to discussions of policy and standards adjustments with senior management team* Drives team to meet turnaround requirements in a 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 and Credit Standards, Federal Banking Regulation and Government Reporting requirements. Contribute to organizational strategic initiatives such as process improvement, system enhancements, process workflow* Builds and maintains productive relationships with all business partners within the Commercial Bank and encourages team to do the same* Coaches the Credit Managers and Underwriters in developing value-added credit solutions for our customers that are consistent with the TD Bank Group Risk Appetite Principles* Drive employee satisfaction and morale**Education & Experience:*** Undergraduate degree preferred* 10+ years of relevant commercial lending relationship management, underwriting, and/or adjudication experience* Prior lending authority >/= $1 million preferred Small Business Administration/Agency, Healthcare Practice Solutions, or other specialty lending experience preferred* Prior people management experience preferred* Proven leadership abilities* Ability to lead in a highly professional, systems-based environment* 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.* Demonstrated understanding of value-add credit structuring in a commercial banking environment* 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* Computer literacy with a variety of software programs* Demonstrated credit underwriting and administration skills* Proven ability to identify and mitigate risk* Demonstrated understanding of value-add credit structuring in a commercial banking environment* Excellent communication skills with understanding of business acumen* Excellent interpersonal skills* Customer focused* Excellent planning and organizational skills* Proven ability to problem solve**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 – ContinuousThe 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.**Who We Are:**TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader #J-18808-Ljbffr