Credit Analyst II (US)

TD•Portland, ME

21d•$30 - $45•Onsite

About The Position

The Credit Analyst II conducts in-depth industry and financial analysis of existing and potential borrowers, working cooperatively to support the Bank’s Lending and Credit functions. Within the Commercial Workout Department, the analyst works with department PLOs or independently to underwrite commercial exposures, including renewals and extensions and, rarely, new money. The department represents C&I, CRE, Middle-Market, ABL, TDAF, and TDEF verticals. The role analyzes moderately complex loans, industries, and customers with increasing independence under the guidance and review of lead staff. It supports loan origination and lending through borrower underwriting, financial analysis, research, and timely written recommendations. The analyst assesses credit risk, monitors regulatory compliance and credit-file information, and works to meet quality and timeliness standards. Customer meetings and direct inquiries may require occasional travel.

Requirements

Four-year degree or equivalent experience.
At least 2 years of related experience.
Developed knowledge of credit and financial analysis techniques.
Ability to gather, consolidate, analyze, and summarize data and provide well-considered recommendations with increasing independence.
Strong oral and written communication skills.
Strong analytical and research skills.
Developed PC skills, including demonstrated proficiency with word-processing and spreadsheet software.
Ability to multitask and meet deadlines.
Ability to maintain the confidentiality of credit and customer information.
Good interpersonal skills and a team orientation.

Responsibilities

Conduct financial analysis of moderately complex loans, industries, and customers.
Underwrite commercial exposures, including renewals and extensions and, in rare instances, new money.
Research industry-specific information using outside sources, which may include borrowers, industry publications, libraries, other banks, credit agencies, and the Internet.
Participate in customer meetings and make direct inquiries for specific customer information based on prior research, experience, and knowledge.
Perform underwriting analysis of borrowers’ character, creditworthiness, and financial condition as part of loan origination.
Provide analytical support to the lending function.
Prepare insightful and timely approval memorandums for appropriate lending and credit authorities.
Analyze financial statements, management profiles, business and product cycles, cash flow ability, collateral, and agings to identify trends, measure performance, assess financial strength, and evaluate credit risk.
Prepare written analyses and recommendations for approval, denial, or alternative structures when necessary.
Maintain credit files, monitor items such as updated financial statements, and prepare updated analysis memorandums as needed.
Monitor compliance with regulatory requirements.
Identify deviations from Company Commercial Loan Policy in written analyses and become familiar with alternative structures to reduce credit risk.
Meet operational performance standards for quality and timeliness.