Credit Analyst II (US)

TD Bank•New York, NY

1d•Onsite

About The Position

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. 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.

Requirements

4 year degree or equivalent experience
2+ years related experience required
Developed knowledge of credit and financial analysis techniques.
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

Conduct in-depth industry and financial analysis of existing and potential borrowers.
Support the Lending and Credit functions of the Bank.
Perform financial analysis of moderately complex loans/industries/Customers.
Research industry specific information from outside sources.
Participate in Customer meetings and make direct inquiry for specific Customer information.
Perform underwriting analysis of Borrower's character, credit worthiness and financial condition.
Provide analytical support to the lending function.
Prepare approval memorandums for presentation to lending and credit authorities.
Analyze financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, etc.
Prepare written analysis with recommendations for approval, denial, and alternative structures.
Maintain credit files and monitor data such as updated financial statements.
Monitor compliance with regulatory requirements.
Provide written analysis identifying deviations from the Company Commercial Loan Policy.
Achieve operational performance standards in quality and timeliness.