Commercial Credit Underwriter III SBA

Work Location:

Hours:

Pay Details:

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 candidates 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:

Job Description:

Department Overview:

The Commercial Credit Underwriter III is a member of the Small Business SBA Credit Team within SBA Credit Management at TD Bank. The Small Business SBA Team is responsible for the underwriting and adjudication of SBA 7a loan requests with up to $1 million in Total Credit Exposure. The Team is also responsible for handling modification requests of existing SBA 7a loans within the portfolio. The CCU III role will work collaboratively with the SBA Relationship Manager and Business Banker to properly structure the request to meet SBA SOP and TD Bank policy requirements in accordance with the Banks Risk Appetite.

The above details are specific to the role which is outlined in the general description below.

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 borrowers accountant (as needed) to gain a better understanding of the companys accounting practices
• Performs in-depth analysis of a guarantors 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/ l
• 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 expediate 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:

• Undergraduate degree preferred
• 8 years of relevant Commercial lending experience
• Proven analytical and research skills
• Prior lending authority stongly preferred
• Demonstrated problem solving skills and the ability to blend technical knowledge and good business judgment
• Proven organizational multi-tasking analytical time management and decision-making skills
• Ability to meet deadlines
• Strong communication skills both verbal and written
• Strong interpersonal skills and a team orientation
• Ability to work with various levels of business partners
• Developed PC skills including proficiency and capability in word processing and spreadsheet software
• Computer literacy with a variety of software programs
• Small Business Administration/Agency experience preferred

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 worlds 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 95000 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 colleagues no matter where they work are client facing. Together we are reimagining what banking can be for our clients colleagues and communities.

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. Learn more

Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development

If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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.

If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.

Interview Process
Well 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 characteristic protected under applicable federal state or local law.

If you are an applicant with a disability and need accommodations to complete the application process please email TD Bank US Workplace Accommodations Program at . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.