Com'l Portfolio Loan Officer III

TD Bank•Mount Laurel, NJ

2d•Onsite

About The Position

The Commercial Portfolio Loan Officer III provides underwriting, credit risk oversight, and portfolio management for complex commercial lending relationships, primarily concentrated in Special Mention and Classified-rated borrowers. The role evaluates borrower performance and credit risk to support sound credit decisions, risk mitigation strategies, and the protection of the Bank's asset quality.

Requirements

4 year degree or equivalent experience
5+ years related experience
In-depth understanding of commercial credit decision process
Demonstrates credit, financial analysis and accounting skills
In-depth knowledge of commercial legal and regulatory guidelines
Proven Customer service and relationship management skills, including demonstrated track record of building and expanding Customer relationships
Demonstrates attention to detail
Supervisory skills
Demonstrated communication skills, both verbal and written
Proficient PC skills

Responsibilities

Administers and monitors large portfolio of large, complex commercial loans
Personally manages loan relationships with in the group
Ensures accuracy and maintenance of Customer records and files and updates information as needed.
Prepares more in-depth management reports summarizing portfolio activity
Pays specific attention to credit administration, exception and risk management based on common metrics
Administers existing loans to ensure complete conformity with terms and adequacy of documentation, including preparation of criticized asset reports and review memos; coordinates with operations and processing areas to ensure loan payments are collected and recorded
Maintains current risk rating on Customers and makes appropriate comments in Customer credit files to ensure information remains current
Accompanies loan officers during sales calls to assist with account details and implementation
Provides technical guidance and assists staff with most complex aspects of work as necessary
May provide training and mentoring for new and less experienced staff
Coordinates with credit department and performs more in-depth financial analyses and credit investigations to make credit decisions on line extensions and other loans
Contributes and provides input to group loan decision processes based on evaluation of credit risk and other key factors
Visits Customers independently and with commercial loan officers to maintain strong business relationships
Is assigned own accounts and/or share account management responsibilities with commercial loan officers
Performs periodic inspections at Customer sites to audit accounts and ensure adherence to loan agreements and terms
Utilizes limited personal credit authority under the direction of the Relationship Manager, for the benefit of Customers and efficiency of the lending process