Commercial Credit Analyst II - Institutional Healthcare

TD•Boston, MA

4d•$30 - $48•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. 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

Responsible for financial analysis of moderately complex loans/industries/Customers
Works more independently but under the guidance and review of lead staff
Researches 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
Participates in Customer meetings and make direct inquiry for specific Customer information based on prior research, experience and knowledge (may require travel at times)
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
May prepare complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary
May maintain credit files, monitor data such as updated financial statements and prepare 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