Commercial Credit Underwriter III

Commercial Credit Underwriter III

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 decision 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 expedite 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 :

Physical Requirements :

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

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities, and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer-facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing and so will you.

Our Total Rewards Package :

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes base salary and variable compensation / incentive awards (e.g., eligibility for cash and / or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

Additional Information :

We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home. Colleague Development : If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD and we're committed to helping you identify opportunities that support your goals. Training & Onboarding : We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role. Interview Process : We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

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