Commercial Credit Analyst II - Institutional Healthcare

TD Bank•Boston, MA

4d•Onsite

About The Position

The Credit Analyst II role covers Institutional Healthcare Borrowers with annual revenues in excess of $25 million. Institutional Healthcare Borrowers include acute care hospitals and health systems, academic medical centers, specialty hospitals, including children's hospitals and cancer centers, critical access hospitals, senior living providers with a concentration of continuing care / life plan retirement communities, long-term care providers, skilled nursing, assisted living, and memory care / supportive living, large physician practices, managed care organizations and federally qualified health centers. The position is part of a team of underwriters that covers a geography that includes New England, Upstate New York, and National. Analyst responsibilities include the comprehensive underwriting of new and existing clients and portfolio management such as monitoring financial covenants and interim trends. The Credit Analyst II 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.

Requirements

4 year degree or equivalent experience
2+ years related experience required
Developed knowledge of credit and financial analysis techniques.
Exhibits the ability to gather, consolidate, analyze and summarize data to provide well-considered recommendations on an increasingly independent basis.
Strong oral and written communication skills.
Strong analytical and research skills.
Developed PC skills including demonstrated proficiency and capability in word processing and spreadsheet software.
Ability to multi-task and meet deadlines.
Ability to maintain the confidentiality of credit and Customer information.
Good interpersonal skills and a team orientation.

Responsibilities

Conducting in-depth industry and financial analysis of existing and potential borrowers.
Performing financial analysis of moderately complex loans/industries/Customers.
Researching 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.
Participating in Customer meetings and make direct inquiry for specific Customer information based on prior research, experience and knowledge (may require travel at times).
Performing underwriting analysis of Borrower's character, credit worthiness and financial condition.
Supporting the lending function by providing analytical support.
Preparing insightful and timely approval memorandums for presentation to appropriate lending and credit authorities.
Thoroughly analyzing 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.
Preparing complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary.
Maintaining credit files, monitoring data such as updated financial statements and preparing updated analysis memos.
Monitoring compliance with regulatory requirements.
Providing written analysis that identifies any deviations from the Company Commercial Loan Policy and becomes familiar with alternative structures in order to reduce credit risk.
Achieving operational performance standards in quality and timeliness.