Credit Analyst III - State & Municipal

Credit Analyst III

This Credit Analyst III position is within TD's specialized State & Municipal Credit Management vertical and will be on the Northeastern US team. The Credit Analyst III manages credit activities including underwriting new loan requests and monitoring portfolio risk for governmental borrowers, such as states, counties, cities, towns, townships, boroughs, villages, school districts, special districts, Special Purpose Units, centralized public education service entities, Public Housing Authorities, Housing Finance Agencies, and municipal utilities of governments and state agencies.

This role involves completing comprehensive but concise credit write-ups and conducting financial and industry analysis to ensure sound lending decisions that align with the bank's risk appetite and strategic objectives. The ideal candidate will have a strong background in credit analysis, is detail-oriented and resourceful with strong research and problem-solving skills, exhibits exemplary writing capabilities and excellent communication skills, has ability to take initiative with a collaborative, flexible and team-oriented mentality, and is a self-starter with the ability to manage multiple priorities and deliver high quality work in a fast-paced environment with quick turnaround deadlines. Familiarity with government finance is preferred but willing to train the right individual. This is a career path with opportunities for advancement.

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
• Participates in customer meetings and makes direct inquiry for specific customer information
• 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 :

Physical Requirements :

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.