Commercial Credit Analyst III - Affordable Housing/ICRE

TD Bank•Charlotte, NC

1d•Onsite

About The Position

The Credit Analyst III is a member of the Community Reinvestment Act (CRA) Team within Institutional Commercial Real Estate (I-CRE) Credit Management at TD Bank. The CRA Team focuses on the structuring, underwriting, and portfolio management of CRA-eligible construction loans for projects financed with LIHTC, tax exempt bonds, and other forms of subsidy. These projects result in the new construction and preservation of affordable housing and other community development assets in Low and Moderate Income (LMI) communities across the Bank's footprint. The CRA Team is aligned with the I-CRE line of business working alongside Relationship Management and Credit Risk Management, and is responsible for recommending loan opportunities that are consistent with the TD Bank Group's Risk Appetite Principles. The Credit Analyst III 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. Responsible for complex loans/industries/Customers. Works independently. Strong understanding of loan risk factors. May train/mentor/coach junior analysts. 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. Prepares complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary. Maintains credit files, monitors data such as updated financial statements and prepares 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.

Requirements

4 year degree or equivalent experience
3+ years related experience required
Demonstrates knowledge of credit and financial analysis techniques
Strong understanding of loan risk factors
Demonstrates ability to independently gather, consolidate, analyze and summarize data to provide well-considered recommendations for all levels of commercial credit relationships
Proven ability to identify and quantify subtle business risks and the ability to identify key drivers of risk and focus discussions accordingly
Effective time management skills
Excellent written and oral communication skills
Well developed research and analytical skills
Exhibits self-confidence at all levels of conversation with the ability to defend analytical decisions
Developed PC skills including demonstrated proficiency and capability in word processing and spreadsheet software
Demonstrated ability to maintain the confidentiality of credit and Customer information
Excellent interpersonal skills and a team orientation
Ability to coach, train and lead junior staff in credit and financial analysis techniques

Responsibilities

Conducting in-depth industry and financial analysis of existing and potential borrowers.
Supporting the Lending and Credit functions of the Bank.
Researching industry specific information from outside sources.
Participating in Customer meetings and making direct inquiry for specific Customer information.
Performing underwriting analysis of Borrower's character, credit worthiness and financial condition.
Preparing insightful and timely approval memorandums for presentation to appropriate lending and credit authorities.
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.
Becoming familiar with alternative structures in order to reduce credit risk.
Achieving operational performance standards in quality and timeliness.
Training/mentoring/coaching junior analysts.