Com'l Portfolio Loan Spec (US)

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:

The Commercial Portfolio Loan Specialist is responsible for administering and monitoring a Commercial Construction loan portfolio. The job assesses and maintains compliance with loan documentation and Commercial Construction loan Credit Standards to manage the Banks construction risk during the construction process.

Depth & Scope:

• Responsible for the management and overall administration of a portfolio of commercial construction loans beginning at the pre-closing phase thru project completion
• Serves as a resource to the Line of Business and Credit Risk Officers in regards to TD Construction Loan Credit Standards policies and procedures; Provides high-quality internal and external customer service and support with the ability to handle large complex and high profile projects; Assists with inquiries research and problem resolution for the Line of Business and the customer
• Works closely with the Line of Business Borrower and CLS team during the pre-closing process; Reviews all construction documentation for conformity to the TD Credit standards for construction loans; Contributes to establishing a detailed project budget and balanced sources and uses; interprets complex credit policies legal and title requirements and regulatory guidelines to ensure loan documents meet applicable standards from preparation through execution; Reviews and approves all closing disbursements
• Analyzes requests for funding against established budgets sources and uses and identifies any exceptions; Reviews all advance request documentation in detail against approved controls including AIAs inspection reports lien waivers and soft cost invoices; Is relied on to make recommendations for funding as well as hold backs based on knowledge of the project and TD Bank construction policies
• Maintains a balance between project costs and funding sources ensuring the Banks risk is mitigated
• Reviews Inspection reports for accuracy and completeness of information provided; Follows up with external engineer and TD Bank Engineering Department to make recommendations and resolve any issues or exceptions noted; Keeps Line of Business abreast of status of the project and any issues
• Maintains internal record keeping of loan disbursements and project progress through input to TD Banks construction monitoring system; Ensures the accuracy and maintenance of customer records and files; Coordinates processing of advances and repayments for the project
• Develops understanding of commercial products and services understands and ensures adherence to Company guidelines policies and procedures regarding construction loans; Maintains a general overall knowledge of the construction lending industry and a detailed understanding of appropriate regulations and guidelines

Education & Experience:

• Bachelors degree (accounting/finance preferred) or work experience equivalent to a Bachelors degree required
• 3 years related experience required preferably in Construction Administration or Commercial /Real Estate Lending or Credit Management
• Excellent written and verbal communication skills
• Excellent customer services skills for both internal and external customers
• Ability to review and identify issues as well as make educated recommendations for resolution within scope of their authority
• Aptitude for analysis systems and mathematics
• Attention to detail with the ability to prioritize in a high volume environment
• PC proficient with strong Excel skills

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.