Commercial Credit Mgr - Regional Commercial Banking

TD•New York, NY

6d•$124,280 - $186,160•Onsite

About The Position

The Commercial Credit Manager (CCM) is responsible for ensuring quality underwriting, compliance and credit monitoring within an assigned portfolio, supporting new business development while applying credit risk policy and adhering to TDBG risk appetite. This job manages the credit underwriting and credit administration functions within a Regional Market or Middle Market. The key accountabilities of this role are credit understanding and approval, people management, development and coaching of the credit analysts, and ensuring continued coaching in credit skills and capabilities development and career development for analysts. The Commercial Credit Manager manages a subset of credit analysts within a market, where teams are large enough to warrant the position. The Commercial Credit Manager works closely with the Credit Officer to ensure consistency with the TD Bank Groups Risk Appetite Principles, including establishing the Borrower Risk Ratings and Facility Risk Ratings for new and existing credit relationships.

Requirements

Undergraduate degree in Accounting or Finance; MBA and MBA candidates preferred
Minimum 5 years experience in related field
Strong credit underwriting and administration skills
Demonstrates ability to identify and mitigate risk
Solid understanding of value-add credit structuring in a commercial banking environment
Strong communication skills with understanding of business acumen
Solid interpersonal skills
Customer focused
Strong planning and organizational skills

Responsibilities

Performs preliminary research on potential customers to determine alignment with TD Bank products/structure while also assisting in assessments of credit needs and alignment with TD Credit Risk Appetite
Attends site visits as needed or as requested
Supervises Credit Analysts in creation of preliminary spreads, cashflow, BRR, and term sheet used and assets on the decision to move forward with potential clients; Has oversight of Officer Analysis, input BRR, FRR, Covenant & ARD
Ensures that all staff are knowledgeable of and operate within the applicable regulatory and compliance guidelines/policies & procedures (including but not limited to: AML, Privacy, Firewalls, Systems & Information Security, FCAC, etc) and ensure that all staff complete required compliance attestations/training within required timelines
Assesses all credit applications, ensuring they provide a high quality of risk assessment, credit structure analysis, due diligence, and credit presentation
Ensures appropriate balance between customer risk and pricing
Have joint signature approval on credits within delegated limits and make recommendations on all others
Ensures the overall portfolio is comprehensively monitored and controlled, adhering to and administered within approved guidelines and in line with established operating policies and procedures
Interprets and applies TD’s risk management strategy (both credit and operational)
Implements and operates systems to identify and mitigate operational risk issues, including acting as the Unit’s designated anti-money laundering officer
Understands changing market conditions and remain knowledgeable of relevant industry issues
Responsible for managing aspects of the customer relationship including, but not limited to, reviewing reports and delinquencies, sign off of covenant compliance forms and assists in developing strategy if failures occur, completing monthly monitoring
May lead a team of Analysts in monitoring loan covenants, loan delinquencies, and the annual review and renewal of existing credit relationships