Commercial Credit Underwriter II - C3 Government

TD•Glastonbury, CT

9d•$35 - $52•Onsite

About The Position

The Commercial Credit Underwriter II is a critical member of the Centralized Commercial Credit Management – Government (C3G) team, responsible for providing underwriting and credit analysis for new and existing municipal customer relationships, including new & existing borrowing customers and ACH-only relationships. The Commercial Credit Underwriter II ensures compliance with the bank's credit policy, underwriting guidelines, and Federal Banking Regulations and reporting requirements. The C3G team was created to streamline the underwriting process for municipal borrowers with total group credit exposure ≤ $5MM. The Commercial Credit Underwriter II analyzes, underwrites and may act as the final decision authority on commercial loan applications while following sound lending practices, policies and procedures. The Commercial Credit Underwriter II ensures compliance with established underwriting guidelines, quality and production guidelines, as well as Federal Banking Regulations and Government Reporting requirements. Responsible for basic financial analysis of less complex loans/industries/Customers.

Requirements

4+ years of relevant commercial lending experience
Proven analytical and research skills
Strong understanding of credit underwriting and industry practices
Previous experience with business and personal financial statement analysis
Demonstrated problem solving skills and the ability to blend technical knowledge and good business judgment
Strong communication skills, both verbal and written
Proven organizational, multi-tasking, analytical, time management and decision-making skills
Ability to meet deadlines
Strong interpersonal skills and a team orientation
Ability to work with various levels of business partners
Developed PC skills including proficiency and capability in word processing and spreadsheet software
Computer literacy with a variety of software programs

Nice To Haves

Undergraduate degree preferred
Prior lending authority preferred
Small Business Administration/Agency experience preferred

Responsibilities

May possess loan decision authority up to position authority limits as defined in credit policy
May possess exception and high-risk authority
Acts as a mentor and participates in the on-going development of the Underwriting Staff
Conducts credit investigations and analyzes financial information pertaining to relationships with Commercial Credit exposure up to highest authority limits
Underwrites loans and performs historical business financial analysis and cash flows, including communicating with the borrower's accountant (as needed) to gain a better understanding of the company's accounting practices
May perform in-depth analysis of a guarantor's financial position through a thorough investigation of personal financial statements, understanding any contingent liabilities, constructing a global cash flow analysis, thorough investigation of personal tax returns and credit reporting documentation/ loan scoring output data
May investigate available sources of credit and financial information
Research economic and market conditions relating to the company, industry and market area
Notes any deviations from the loan policy, procedures and guidelines and identification / mitigation of key credit risks, and decision of appropriate structures in order to reduce credit risk
Identifies credit applications that require credit enhancements and decision respective applications accordingly
May render final credit decision within individual lending authority limits, based upon the strengths and risks, collateral analysis, historical financials, business and personal cash flow & balance sheet analysis, ratio & trend analysis, review of credit bureau and business bureau reports / loan scoring output data, management profiles, business/product cycles, industry information, projected operating performance, application data and the ability to repay the proposed debt
When applicable, considers and discusses alternative structures and overall assessments with market, sales personnel and Customers
Sets conditions of lending and involvement with shared services functions as needed to expediate loan closings.
Meets turnaround requirements of a high-volume loan production environment, while maintaining strong quality of work produced
Maintains a satisfactory level of portfolio delinquencies and charge-offs
Ensures departmental compliance with TD Bank Credit Policy, Federal Banking Regulation and Government Reporting requirements