Com'l Portfolio Loan Officer III - Workout

TD•Portland, ME

22d•$91,000 - $136,240•Onsite

About The Position

The Commercial Portfolio Loan Officer III provides underwriting, credit risk oversight, and portfolio management for complex commercial lending relationships, primarily involving Special Mention and Classified-rated borrowers. The role evaluates borrower performance and credit risk to support sound credit decisions, develop risk mitigation strategies, and protect the Bank’s asset quality. The position manages a large portfolio of complex commercial loans and customer relationships, maintains accurate customer records and current risk ratings, and prepares management reports and criticized asset documentation. It conducts in-depth financial analyses and credit investigations, contributes to lending decisions, and ensures loans conform to their terms and documentation requirements. The officer works with Relationship Managers, commercial loan officers, credit, operations, and processing teams, and may provide technical guidance, training, and mentoring to staff.

Requirements

A four-year degree or equivalent experience.
At least 5 years of related experience.
In-depth understanding of the commercial credit decision process.
Credit, financial analysis, and accounting skills.
In-depth knowledge of commercial legal and regulatory guidelines.
Proven customer service and relationship management skills, including a track record of building and expanding customer relationships.
Attention to detail.
Supervisory skills.
Verbal and written communication skills.
Proficiency with PC skills.

Responsibilities

Administer and monitor a large portfolio of complex commercial loans and personally manage assigned loan relationships.
Maintain accurate customer records and files, update information as needed, and prepare in-depth management reports summarizing portfolio activity.
Monitor credit administration, exceptions, and risk management using common metrics.
Ensure existing loans conform to their terms and have adequate documentation; prepare criticized asset reports and review memos, and coordinate with operations and processing teams to ensure loan payments are collected and recorded.
Maintain current customer risk ratings and document appropriate comments in customer credit files.
Accompany loan officers on sales calls to assist with account details and implementation.
Provide technical guidance on complex work and may train and mentor new or less experienced staff.
Coordinate with the credit department and conduct in-depth financial analyses and credit investigations to make decisions on line extensions and other loans.
Contribute to group loan decisions by evaluating credit risk and other key factors.
Visit customers independently and with commercial loan officers to maintain business relationships.
Manage assigned accounts and/or share account management responsibilities with commercial loan officers.
Conduct periodic customer-site inspections to audit accounts and ensure adherence to loan agreements and terms.
Use limited personal credit authority under the direction of the Relationship Manager to benefit customers and improve lending-process efficiency.