Credit Analyst III - Regional Commercial Banking

TD•Springfield, MA

10d•$35 - $52•Onsite

About The Position

The Credit Analyst III role is centered on Regional Commercial Borrowers, specifically businesses with annual revenues under $250 million. These organizations span a diverse range of industries and sectors, including manufacturers, distribution companies and retailers, general non-profits, service providers, and investment commercial real estate borrowers. The position functions as part of a team of underwriters dedicated to covering the New England Market’s geography. Analyst responsibilities include comprehensive underwriting for both new and existing clients, as well as portfolio management tasks such as monitoring financial covenants and interim trends. This position collaborates closely to support the Lending and Credit functions within the Bank. The Credit Analyst III 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
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
Developed PC skills including demonstrated proficiency and capability in word processing and spreadsheet software
Demonstrated ability to maintain the confidentiality of credit and Customer information
Excellent interpersonal skills and a team orientation

Nice To Haves

May train/mentor/coach junior analysts
Ability to coach, train and lead junior staff in credit and financial analysis techniques

Responsibilities

Responsible for complex loans/industries/Customers
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
Prepares complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary
Maintains credit files, monitors data such as updated financial statements and prepares 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