Work Location
Mount Laurel, New Jersey, États-Unis d'Amérique
Hours 40
Pay Details $43.75 - $65.50 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 Services bancaires personnels et commerciaux
Job Description Department Overview The Commercial Credit Underwriter III is a member of the Small Business SBA Credit Team within SBA Credit Management at TD Bank. The Small Business SBA Team is responsible for the underwriting and adjudication of SBA 7a loan requests with up to $1 million in Total Credit Exposure. The Team is also responsible for handling modification requests of existing SBA 7a loans within the portfolio. The CCU III role will work collaboratively with the SBA Relationship Manager and Business Banker to properly structure the request to meet SBA SOP and TD Bank policy requirements in accordance with the Bank's Risk Appetite.
The above details are specific to the role which is outlined in the general description below.
The Commercial Credit Underwriter III analyzes, underwrites and may act as the final decision authority on commercial loan applications while following sound lending practices, policies and procedures. The Commercial Credit Underwriter III ensures compliance with established underwriting guidelines, quality and production guidelines, as well as Federal Banking Regulations and Government Reporting requirements. Responsible for basic financial analysis of less complex loans/industries/Customers.
Depth & Scope
May possess loan decision authority up to position authority limits as defined in credit policy
Expected to attain 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
Performs in‑depth analysis of a guarantor's financial position through a thorough investigation of personal financial statements, understanding any contingent liabilities, constructing cash flow analysis, thorough investigation of personal tax returns and credit reporting documentation
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 decisions of respective applications such as SBA and other agencies
Renders 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 management profiles, business/product cycles, industry information, projected operating performance, application data and the ability to repay the proposed debt
Considers and discusses alternative structures and overall assessments with market, sales personnel
Proven leadership skills including coaching, counseling and mentoring of underwriting staff
Sets conditions of lending and involvement with shared services functions as needed to expediate loan closings
Meets turnaround requirements of 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, Federal Banking Regulation and Government Reporting requirements
Education & Experience
Undergraduate degree preferred
8+ years of relevant Commercial lending experience
Proven analytical and research skills
Prior lending authority strongly preferred
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
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
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 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.
Accommodation 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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Hours 40
Pay Details $43.75 - $65.50 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 Services bancaires personnels et commerciaux
Job Description Department Overview The Commercial Credit Underwriter III is a member of the Small Business SBA Credit Team within SBA Credit Management at TD Bank. The Small Business SBA Team is responsible for the underwriting and adjudication of SBA 7a loan requests with up to $1 million in Total Credit Exposure. The Team is also responsible for handling modification requests of existing SBA 7a loans within the portfolio. The CCU III role will work collaboratively with the SBA Relationship Manager and Business Banker to properly structure the request to meet SBA SOP and TD Bank policy requirements in accordance with the Bank's Risk Appetite.
The above details are specific to the role which is outlined in the general description below.
The Commercial Credit Underwriter III analyzes, underwrites and may act as the final decision authority on commercial loan applications while following sound lending practices, policies and procedures. The Commercial Credit Underwriter III ensures compliance with established underwriting guidelines, quality and production guidelines, as well as Federal Banking Regulations and Government Reporting requirements. Responsible for basic financial analysis of less complex loans/industries/Customers.
Depth & Scope
May possess loan decision authority up to position authority limits as defined in credit policy
Expected to attain 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
Performs in‑depth analysis of a guarantor's financial position through a thorough investigation of personal financial statements, understanding any contingent liabilities, constructing cash flow analysis, thorough investigation of personal tax returns and credit reporting documentation
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 decisions of respective applications such as SBA and other agencies
Renders 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 management profiles, business/product cycles, industry information, projected operating performance, application data and the ability to repay the proposed debt
Considers and discusses alternative structures and overall assessments with market, sales personnel
Proven leadership skills including coaching, counseling and mentoring of underwriting staff
Sets conditions of lending and involvement with shared services functions as needed to expediate loan closings
Meets turnaround requirements of 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, Federal Banking Regulation and Government Reporting requirements
Education & Experience
Undergraduate degree preferred
8+ years of relevant Commercial lending experience
Proven analytical and research skills
Prior lending authority strongly preferred
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
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
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 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.
Accommodation 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.
#J-18808-Ljbffr