Credit Analyst II - Metro CRE

TD Bank • Mount Laurel, NJ

9d • $30 - $48

About The Position

Department Overview: The Credit Analyst II - Metro CRE role covers Investment Commercial Real Estate Borrowers from $5 million to $50 million in total lending exposure. Property types include multi-unit residential, retail, office, industrial, hospitality and other specialty classes with collateral properties centered geographically in Central NJ. Analyst responsibilities include the underwriting of primarily existing clients and portfolio management such as monitoring financial covenants and interim trends. The above details are specific to the role which is outlined in the general description below. This role performs financial analyses needed to make credit decisions, contributes and provides input to group loan decision process based on evaluation of credit risk and other key factors and supports commercial banking teams and recommends credit solutions that add value to the Customer. The above details are specific to the role which is outlined in the general description below. The Credit Analyst II is responsible for conducting in-depth industry and financial analysis of existing and potential borrowers. This job works cooperatively to support the Lending and Credit functions of the Bank.

Requirements

• 4 year degree or equivalent experience
• 2+ years related experience required
• Developed knowledge of credit and financial analysis techniques.
• Exhibits the ability to gather, consolidate, analyze and summarize data to provide well-considered recommendations on an increasingly independent basis.
• Strong oral and written communication skills.
• Strong analytical and research skills.
• Developed PC skills including demonstrated proficiency and capability in word processing and spreadsheet software.
• Ability to multi-task and meet deadlines.
• Ability to maintain the confidentiality of credit and Customer information.
• Good interpersonal skills and a team orientation.

Responsibilities

• Responsible for financial analysis of moderately complex loans/industries/Customers
• Works more independently but under the guidance and review of lead staff
• Good understanding of loan risk factors
• Researches industry specific information from outside sources, which may include conversation with Borrowers, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet
• Participates in Customer meetings and make direct inquiry for specific Customer information based on prior research, experience and knowledge (may require travel at times)
• Integral part of loan origination process. Responsible for performing underwriting analysis of Borrower's character, credit worthiness and financial condition
• Supports the lending function by providing analytical support
• Prepares insightful and timely approval memorandums for presentation to appropriate lending and credit authorities
• Thoroughly analyzes financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, etc. of future and existing Customers to identify trends, measure performance, assess financial strength and develop an assessment of credit risk
• May prepare complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary
• May maintain credit files, monitor data such as updated financial statements and prepare updated analysis memos
• Monitors compliance with regulatory requirements
• Provides written analysis that identifies any deviations from the Company Commercial Loan Policy and becomes familiar with alternative structures in order to reduce credit risk
• Achieves operational performance standards in quality and timeliness

Benefits

• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level