Credit Management Associate III (US)

TD • Worcester, MA

3d • $26 - $36

About The Position

Depth & Scope: Manages an assigned account portfolio for new and existing commercial customers to provide consistent professional service and support throughout the total lifecycle of each account Assists with the uploading of due diligence recieved during underwriting, to the image repostitory system, in prepartion of Loan Specialist assignment. May assist in preparing the most basic financial analysis of less complex loans / industries/ Customers, maintaining credit file, financial statement and assist with analysis memos Input necessary information into loan origination system to generate loan documents; Assists with closing of new loan accounts and submits information for boarding; assists loan team in preparing a complete approval package in preparation for closing. Works closely with Credit Management team in supporting basic underwriting functions including spreading of financial statements May assist in research of industry specific information from outside sources, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet Assist Credit Management with clearing and management of exceptions Supports and assists Credit Management CCM team with reporting, loan activities, delinquencies and tracking in loan information May generate and distribute reports to the Credit Management team, as needed. Manages a loan pipeline from origination through booking in accordance with Bank policies and procedures Works independently in resolving more complex issues relating to origination process through booking Follows quality control procedures to verify records contain proper content using checklist and other tools May create/manage/confirm TD document changes and inputs are consistent with system requirements Evaluates best course of action taking into account bank policy, regulatory requirements, impact to the customer, and impact to the bank as well as cost factors Establishes strong working relationships with commercial stakeholders, credit risk and other internal areas involved in underwriting, approval and closing loans Performs lockdown control / QC Function post-approval of a customer request to verify approved terms by Credit Management and Credit Risk align to the loan origination system data May provide support with onboarding activities

Requirements

• 4 year degree or equivalent experience
• 3+ Years of related experience
• Accounting knowledge, including FASB and GAAP regulations, particularly in assigned line(s) of business
• Curious and observant with willingness to investigate to understand details of assigned business lines/accounts
• Strong analytical and problem solving skills
• Proactive, with ability to obtain necessary information and influence others in a tactful way without direct authority
• Relationship management skills, with ability to develop good client working relationships
• Communication skills, with ability to clearly display and explain numerical information and articulate required accounting treatment
• PC skills, including understanding of accounting software applications
• Ability to analyze non-routine transactions and those requiring judgment

Responsibilities

• Manages an assigned account portfolio for new and existing commercial customers to provide consistent professional service and support throughout the total lifecycle of each account
• Assists with the uploading of due diligence recieved during underwriting, to the image repostitory system, in prepartion of Loan Specialist assignment.
• May assist in preparing the most basic financial analysis of less complex loans / industries/ Customers, maintaining credit file, financial statement and assist with analysis memos
• Input necessary information into loan origination system to generate loan documents
• Assists with closing of new loan accounts and submits information for boarding
• Assists loan team in preparing a complete approval package in preparation for closing.
• Works closely with Credit Management team in supporting basic underwriting functions including spreading of financial statements
• May assist in research of industry specific information from outside sources, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet
• Assist Credit Management with clearing and management of exceptions
• Supports and assists Credit Management CCM team with reporting, loan activities, delinquencies and tracking in loan information
• May generate and distribute reports to the Credit Management team, as needed.
• Manages a loan pipeline from origination through booking in accordance with Bank policies and procedures
• Works independently in resolving more complex issues relating to origination process through booking
• Follows quality control procedures to verify records contain proper content using checklist and other tools
• May create/manage/confirm TD document changes and inputs are consistent with system requirements
• Evaluates best course of action taking into account bank policy, regulatory requirements, impact to the customer, and impact to the bank as well as cost factors
• Establishes strong working relationships with commercial stakeholders, credit risk and other internal areas involved in underwriting, approval and closing loans
• Performs lockdown control / QC Function post-approval of a customer request to verify approved terms by Credit Management and Credit Risk align to the loan origination system data
• May provide support with onboarding activities

Benefits

• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as 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, and reward and recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level