CSB Credit Specialist I - Commercial Leasing

TD Bank•Mount Laurel, NJ

1d•Onsite

About The Position

The Credit Specialist I – TD Equipment Finance ("TDEF") position is responsible for servicing a portfolio of Commercial Leasing clients, including large, investment-grade corporations with annual revenues exceeding $500 million on a national scale, as well as managed accounts or commercial customers of TD Bank. This role focuses on delivering tailored equipment financing solutions that support the strategic objectives of TD Bank’s commercial clientele. Key responsibilities involve comprehensive underwriting of new and existing client relationships, proactive portfolio management, and meticulous preparation and review of structural analysis for equipment finance opportunities. The CSB Credit Specialist I ensures quality and compliance within an assigned portfolio, supports new business development by applying credit risk policy, and adheres to TDBG risk appetite. This role performs credit underwriting and administration functions, working closely with the Relationship Manager and Credit Officer to align with TD Bank Group's Risk Appetite Principles, including establishing Borrower Risk Ratings and Facility Risk Ratings for credit relationships.

Requirements

4 year Undergraduate degree or equivalent experience
Minimum 7 years' experience in related field
Strong credit underwriting and administration skills
Ability to identify and mitigate risk
Ability to provide value-add structuring alternatives for complex credits
Strong written and verbal communication skills with demonstrated understanding of business acumen
Solid interpersonal skills
Customer focused
Strong planning and organizational skills
Ability to problem solve in less complex situations
Technologically proficient

Nice To Haves

Advanced degree in financial discipline preferred, other advanced degree considered

Responsibilities

Servicing a portfolio of Commercial Leasing clients, encompassing both direct TDEF clients (primarily large, investment-grade corporations with annual revenues exceeding $500 million on a national scale) and managed accounts or commercial customers of TD Bank.
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.
Ensuring quality and compliance within an assigned portfolio.
Supporting new business development while applying credit risk policy and adhering to TDBG risk appetite.
Performing the credit underwriting and credit administration functions.
Working to achieve credit management objectives within the team.
Working closely with the Relationship Manager and Credit Officer to ensure consistency with the TD Bank Groups Risk Appetite Principles, including establishing the Borrower Risk Ratings and Facility Risk Ratings for new and existing credit relationships.
Performing in-depth credit analysis in partnership with Relationship Manager on potential and existing customers to determine alignment with TD Bank products/structure TD Credit Risk Appetite and credit policies/underwriting guidelines.
Partnering with the Relationship Manager on potential structure proposals that are in alignment with TD Bank products/structure, TD Credit Risk Appetite and credit policies/underwriting guidelines.
Attending site visits and prospect/customer calls as needed or as requested.
Preparing credit applications for new and existing borrowers; Applications shall include new transactions, extensions, modifications, renewals and Annual Reviews.
Ensuring applications provide a high quality of risk assessment, credit structure, due diligence, and credit presentation and adhere to AIRB methodology and address TD Banks profitability objectives.
Managing the timely approval, documentation preparation and negotiation, and closing of new and existing transactions.
Being knowledgeable of and operating within the applicable regulatory and compliance guidelines/policies & procedures (including but not limited to: AML, Privacy, Firewalls, Systems & Information Security, FCAC, etc.) and ensuring that all staff complete required compliance attestations/training within required timelines.
Ensuring the managed portfolio is comprehensively monitored and controlled, adhering to and administered within approved guidelines and in line with established operating policies and procedures.
Interpreting and applying TDs risk management strategy (both credit and operational).
Understanding changing market conditions and remaining knowledgeable of relevant industry issues.
Managing aspects of the customer relationship including, but not limited to, reviewing reports and delinquencies, signing off of covenant compliance forms and determining strategy if failures occur, completing monthly monitoring; overseeing Credit Analysts that will provide support in these responsibilities.

Benefits

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