Commercial Credit Analyst III - State & Municipal

Job description

Work Location: Mount Laurel, New Jersey, United States of America Hours: 40 Pay Details: $36.53 - $54.81 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: 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% • 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. 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 in client experience, that is why we believe that all colleague