Credit Analyst III - Regional Commercial Banking

Work Location:

Springfield, Massachusetts, United States of America

Hours:

40

Pay Details:

$34.75 - $52.00 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:

Credit Management

Job Description:

Department Overview:

The Credit Analyst III role is centered on Regional Commercial Borrowers, specifically businesses with annual revenues under $250 million. These organizations span a diverse range of industries and sectors, including manufacturers, distribution companies and retailers, general non-profits, service providers, and investment commercial real estate borrowers. The position functions as part of a team of underwriters dedicated to covering the New England Market's geography.

Analyst responsibilities include comprehensive underwriting for both new and existing clients, as well as portfolio management tasks such as monitoring financial covenants and interim trends. This position collaborates closely to support the Lending and Credit functions within the Bank.

The details above are specific to the role and align with the general responsibilities outlined below.

The Credit Analyst III is responsible for conducting in-depth industry and financial analysis of existing and potential borrowers. This job works cooperatively to support the Lending and Credit functions of the Bank.

Depth & Scope:

• Responsible for complex loans/industries/Customers
• Works independently
• Strong understanding of loan risk factors
• May train/mentor/coach junior analysts
• Researches industry specific information from outside sources, which may include conversation with Borrowers, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet
• Participates in Customer meetings and make direct inquiry for specific Customer information based on prior research, experience and knowledge (may require travel at times)
• Integral part of loan origination process; Responsible for performing underwriting analysis of Borrower's character, credit worthiness and financial condition
• Supports the lending function by providing analytical support
• Prepares insightful and timely approval memorandums for presentation to appropriate lending and credit authorities
• Thoroughly analyzes financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, etc. of future and existing Customers to identify trends, measure performance, assess financial strength and develop an assessment of credit risk
• Prepares complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary
• Maintains credit files, monitors data such as updated financial statements and prepares updated analysis memos
• Monitors compliance with regulatory requirements
• Provides written analysis that identifies any deviations from the Company Commercial Loan Policy and becomes familiar with alternative structures in order to reduce credit risk
• Achieves operational performance standards in quality and timeliness

Education & Experience:

• 4 year degree or equivalent experience
• 3+ years related experience required
• Demonstrates knowledge of credit and financial analysis techniques
• Strong understanding of loan risk factors
• Demonstrates ability to independently gather, consolidate, analyze and summarize data to provide well-considered recommendations for all levels of commercial credit relationships
• Proven ability to identify and quantify subtle business risks and the ability to identify key drivers of risk and focus discussions accordingly
• Effective time management skills
• Excellent written and oral communication skills
• Well developed research and analytical skills
• Exhibits self-confidence at all levels of conversation with the ability to defend analytical decisions
• Developed PC skills including demonstrated proficiency and capability in word processing and spreadsheet software
• Demonstrated ability to maintain the confidentiality of credit and Customer information
• Excellent interpersonal skills and a team orientation
• Ability to coach, train and lead junior staff in credit and financial analysis techniques

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domest…