Credit Analyst III - Middle Market Sponsor

TD•New York, NY

1d•Onsite

About The Position

TD's Middle Market Sponsor Finance Group is responsible for managing credit relationships with borrowers owned by private equity firms and family offices. The team is responsible for underwriting and documenting new transactions as well as managing existing portfolio accounts within TD's credit risk policy and adhering to TD's risk appetite, working closely with Relationship Management and Credit Risk Management to ensure consistency with the TD Bank Groups Risk Appetite Principles, including establishing the Borrower Risk Ratings (PD) and Facility Risk Ratings (LGD) for new and existing credit relationships. The Credit Analyst III, Middle Market is responsible for conducting in-depth industry and financial analysis of existing and potential Middle Market borrowers. The Credit Analyst III, Middle Market works cooperatively to support the Lending and Credit functions of the Bank. This role is responsible for complex Middle Market loans/industries/Customers, works independently, and has a strong understanding of loan risk factors. The role may train/mentor/coach junior analysts. The Credit Analyst III researches industry specific information from outside sources, which may include conversations with Borrowers, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet. They participate in Customer meetings and make direct inquiry for specific Customer information based on prior research, experience and knowledge (may require travel at times). This role is an integral part of the loan origination process, responsible for performing underwriting analysis of Borrower's character, credit worthiness and financial condition. The Credit Analyst III supports the lending function by providing analytical support and prepares insightful and timely approval memorandums for presentation to appropriate lending and credit authorities. They thoroughly analyze 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. The Credit Analyst III prepares complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary. They maintain credit files, monitor data such as updated financial statements and prepare updated analysis memos, and monitor compliance with regulatory requirements. The Credit Analyst III 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, and achieves operational performance standards in quality and timeliness.

Requirements

4 year degree or equivalent experience
3+ years related experience required
Demonstrates knowledge of credit and financial analysis techniques
Strong understanding of loan risk factors
Demonstrates ability to independently gather, consolidate, analyze and summarize data to provide well-considered recommendations for all levels of commercial credit relationships
Proven ability to identify and quantify subtle business risks and the ability to identify key drivers of risk and focus discussions accordingly
Effective time management skills
Excellent written and oral communication skills
Well-developed research and analytical skills
Exhibits self-confidence at all levels of conversation with the ability to defend analytical decisions
Develops PC skills including demonstrated proficiency and capability in word processing and spreadsheet software
Demonstrates ability to maintain the confidentiality of credit and Customer information
Excellent interpersonal skills and a team orientation
Ability to coach, train and lead junior staff in credit and financial analysis techniques

Nice To Haves

1+ years in leveraged finance or sponsored backed credit underwriting is preferred

Responsibilities

Conducting in-depth industry and financial analysis of existing and potential Middle Market borrowers.
Supporting the Lending and Credit functions of the Bank.
Researching industry specific information from outside sources.
Participating in Customer meetings and making direct inquiry for specific Customer information.
Performing underwriting analysis of Borrower's character, credit worthiness and financial condition.
Providing analytical support to the lending function.
Preparing insightful and timely approval memorandums for presentation to appropriate lending and credit authorities.
Analyzing 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.
Preparing complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary.
Maintaining credit files, monitoring data such as updated financial statements and preparing updated analysis memos.
Monitoring compliance with regulatory requirements.
Providing written analysis that identifies any deviations from the Company Commercial Loan Policy.
Becoming familiar with alternative structures in order to reduce credit risk.
Achieving operational performance standards in quality and timeliness.
Understanding and supporting the Bank's Customer Service Strategy.
Considering the impact of decisions on the well-being of TD, its Customers and stakeholders.
Providing the highest level of Customer service when dealing with internal partners, vendors or our Customers.
Modeling quality service delivery at every interaction.
Leading and contributing to the ongoing improvement of the partner/Customer experience.
Participating in civic activities to promote growth and development of the community and a positive image for TD.
Supporting the development and implementation of operational strategies and objectives to achieve measurable excellence in the quality delivery of sales, service, and products aligned with “Best Run” concepts and overall enterprise strategy and objectives.
Participating in establishing and executing plans and goals for the Business to drive toward results.
Ensuring that strategic initiatives and directives are carried out effectively with comprehensive change management strategies.
Delivering business services, functions and capabilities that optimize the use of process, technology and our people, and take advantage of TD’s scale and operating model.
Collaborating to ensure TD is a best run, integrated, customer-focused, growth organization.
Ensuring processes, policies and procedures are designed in compliance with TD Risk Appetite.
Successfully completing all required job specific, compliance-related training; understanding, utilizing and following Compliance/Risk and control programs; consulting with all risk functions in the development and documentation of policies, procedures and controls, for all department processes.
Ensuring ongoing compliance with internal / external audit and regulatory requirements; providing prompt and comprehensive response to all external audit, regulator and compliance requests and findings; maintaining appropriate records of action plans.
Being engaged in advancing and sustaining a unique, inclusive culture that reflects TD’s diversity agenda, and creating an extraordinary employee experience.
Participating fully as a member of the team and contributing to a positive work environment.
Providing leadership, training, and guidance to other team members.
Ensuring ongoing communication with the team on the status/progress of projects and issues/points of interest.
Actively sharing information and knowledge, and proactively learning from the expertise of others.