Credit Analyst II - TD Equipment Finance/Commercial Leasing

TD Bank•Mount Laurel, NJ

1d•Onsite

About The Position

The Credit Analyst II – TD Equipment Finance ("TDEF") position is responsible for conducting in-depth industry and financial analysis of existing and potential borrowers, encompassing both direct TDEF clients—primarily large, investment-grade corporations with annual revenues exceeding $500 million on a national scale—and our managed accounts or commercial customers of TD Bank. This role is instrumental in delivering tailored equipment, financing solutions that support the strategic objectives of TD Bank’s commercial clientele. Key responsibilities of the Credit Analyst II include the comprehensive underwriting of both new and existing client relationships, proactive portfolio management, and the meticulous preparation and review of structural analysis for equipment finance opportunities. 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

Conducting in-depth industry and financial analysis of existing and potential borrowers
Delivering tailored equipment, financing solutions that support the strategic objectives of TD Bank’s commercial clientele
Comprehensive underwriting of both new and existing client relationships
Proactive portfolio management
Meticulous preparation and review of structural analysis for equipment finance opportunities
Working 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
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

Fair and equitable compensation opportunities
Growth opportunities
Skill development
Base salary
Variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
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
Reward and recognition
Regular development conversations
Training programs
Competitive benefits plan
Access to an online learning platform
Variety of mentoring programs