Commercial Credit Underwriter I (US)

TD Bank•Greenville, SC

13h•Onsite

About The Position

The Commercial Credit Underwriter I analyzes and underwrites commercial loan applications and may act as the final decision authority within applicable lending limits. The role follows sound lending practices, policies, procedures, underwriting and quality guidelines, and complies with Federal Banking Regulations and Government Reporting requirements. It handles basic financial analysis for less complex loans, industries, and customers, and works in a high-volume loan production environment while meeting turnaround requirements and maintaining quality.

Requirements

Undergraduate degree and/or at least 3 years of relevant experience, or basic knowledge of credit and financial analysis techniques.
Strong analytical and research skills.
Demonstrated problem-solving skills and ability to combine technical knowledge with sound business judgment.
Strong verbal and written communication skills.
Organizational, multitasking, analytical, and decision-making skills, with ability to meet deadlines.
Good interpersonal skills and a team orientation.
Ability to work with various levels of sales and market personnel.
Developed PC skills, including proficiency with word-processing and spreadsheet software, and computer literacy with a variety of software programs.

Nice To Haves

Experience with Small Business Administration lending, including SBA 7(a) and 504 programs, credit underwriting, financial analysis, loan structuring, and compliance with SBA lending guidelines.

Responsibilities

Analyze, underwrite, and, within applicable authority limits, make final credit decisions on commercial loan applications.
Conduct credit investigations and analyze financial information for commercial credit relationships.
Underwrite loans and analyze historical business financials and cash flows, communicating with borrowers’ accountants as needed to understand accounting practices.
Analyze guarantors’ financial positions, including personal financial statements, contingent liabilities, global cash flow, tax returns, and credit reporting information.
Research available credit and financial information, as well as economic and market conditions affecting companies, industries, and market areas.
Identify deviations from loan policy and key credit risks, and determine appropriate structures or mitigations to reduce credit risk.
Identify applications that require credit enhancements and make decisions on those applications.
Render credit decisions using collateral analysis; historical financials; business and personal cash flow and balance sheets; ratio and trend analysis; credit and business bureau information; management profiles; industry information; projected operating performance; application data; and ability to repay.
When applicable, discuss alternative structures and overall assessments with market and sales personnel and customers.
Set lending conditions and participate in post-approval review to ensure conditions are met or appropriately mitigated before loan closing.
Maintain turnaround requirements and quality in a high-volume loan production environment.
Maintain a satisfactory level of portfolio delinquencies and charge-offs.