Sales Area Manager

Commercial Credit Underwriter II – Mount Laurel, NJ
Position: Commercial Credit Underwriter II
Location: Mount Laurel, New Jersey, United States
Compensation: $100,000 per year (base salary)
Hours: 40 per week
Job Type: Full‑time

Job Summary
Responsible for analyzing, underwriting, and making final decisions on commercial loan applications while maintaining compliance with TD Bank Credit Policy, Federal Banking Regulations, and government reporting requirements. Provides mentorship to underwriting staff and manages high‑volume loan production with strong quality controls.

Responsibilities

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 ongoing 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 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 identifies/mitigates key credit risks, and decides appropriate structures to reduce credit risk

Identifies credit applications that require credit enhancements and decides respective applications accordingly

May render final credit decision within individual lending authority limits, based upon 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 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 involves shared services functions as needed to expedite loan closings, meeting 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

Qualifications

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 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

Standing Occasional

Walking Occasional

Moving safely in confined spaces Occasional

Lifting/Carrying (under 25 lbs.) Occasional

Lifting/Carrying (over 25 lbs.) Never

Kneeling 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

Benefits
TD offers a comprehensive Total Rewards package that includes base salary, variable compensation, health and wellness benefits, retirement programs, paid time off (vacation, flex, holiday), banking benefits and discounts, career development and recognition programs.

Equal Employment Opportunity
TD is committed to providing fair and equitable compensation opportunities to all colleagues.

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