CSB Credit Specialist II - Commercial Real Estate

TD Bank•Charlotte, NC

10d•Onsite

About The Position

The Credit Specialist II position is responsible for managing a commercial real estate loan portfolio of secured loans. The secured loans are collateralized by various property types (multi-family, industrial, office, retail, and self-storage). This Credit Specialist will review potential loan transactions to determine if the transaction meets TD’s credit appetite while also underwriting loans for approval. This role will also review loan documents to ensure TD’s loan documentation standards are being met, and the loan approval is being properly documented. This role will also build and maintain productive relationships with all business partners within TD Bank while ensuring annual reviews are completed on time and financial covenants are tested on a timely basis. Lastly, this individual will review construction inspection reports to track construction progress and make recommendations on construction loan advances. The CSB Credit Specialist II is responsible for ensuring quality and compliance within an assigned portfolio, supporting new business development while applying credit risk policy and adhering to TDBG risk appetite. The CSB Credit Specialist II performs the credit underwriting and credit administration functions. The CSB Credit Specialist II works to achieve credit management objectives within the team. The job works 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. Performs in depth credit analysis for which a majority of accounts consist of; highly diverse portfolios at the highest complexity; large pieces of a much bigger client portfolio that may include other institutions and input; risk factors that create large variables to create decisions on portfolios. Performs 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. Partners 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. Attends site visits and prospect/customer calls as needed or as requested. With support from the Credit Analyst, prepares credit applications for new and existing borrowers; Applications shall include new transactions, extensions, modifications, renewals and Annual Reviews. Ensures applications provide a high quality of risk assessment, credit structure, due diligence, and credit presentation and adheres to AIRB methodology and addresses TD Banks profitability objectives. Manages the timely approval, documentation preparation and negotiation, and closing of new and existing transactions. Be knowledgeable of and operate within the applicable regulatory and compliance guidelines/policies & procedures (including but not limited to: AML, Privacy, Firewalls, Systems & Information Security, FCAC, etc.) and ensures that all staff complete required compliance attestations/training within required timelines. Ensures the managed portfolio is comprehensively monitored and controlled, adhering to and administered within approved guidelines and in line with established operating policies and procedures. Interprets and applies TDs risk management strategy (both credit and operational). Understands changing market conditions and remain knowledgeable of relevant industry issues. Manages aspects of the customer relationship including, but not limited to, reviewing reports and delinquencies, sign off of covenant compliance forms and determining strategy if failures occur, completing monthly monitoring; overseeing Credit Analysts that will provide support in these responsibilities.

Requirements

4 year Undergraduate degree; advanced degree in financial discipline preferred, other advanced degree considered
7+ years' experience in related field
Excellent credit underwriting and administration skills; considered subject matter expert in complex credit understanding
Superior ability to identify and mitigate risk
Ability to provide value-add structuring alternatives for highly complex credits
Strong written and excellent verbal communication skills with solid business acumen
Solid interpersonal skills
Customer focused
Strong planning and organizational skills
Ability to problem solve in more complex situations
Technologically proficient
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment - Continuous
Concentrating for long periods of time – Continuous
Applying common sense to deal with problems involving standardized situations – Continuous
Reading, writing and comprehending instructions – Continuous
Adding, subtracting, multiplying and dividing – Continuous

Nice To Haves

Advanced degree in financial discipline preferred, other advanced degree considered

Responsibilities

Manage a commercial real estate loan portfolio of secured loans collateralized by various property types.
Review potential loan transactions to determine if they meet TD’s credit appetite.
Underwrite loans for approval.
Review loan documents to ensure TD’s loan documentation standards are met.
Build and maintain productive relationships with business partners within TD Bank.
Ensure annual reviews are completed on time.
Test financial covenants on a timely basis.
Review construction inspection reports to track construction progress.
Make recommendations on construction loan advances.
Ensure quality and compliance within an assigned portfolio.
Support new business development.
Apply credit risk policy and adhere to TDBG risk appetite.
Perform credit underwriting and credit administration functions.
Achieve credit management objectives within the team.
Work closely with the Relationship Manager and Credit Officer to ensure consistency with TD Bank Groups Risk Appetite Principles.
Establish Borrower Risk Ratings and Facility Risk Ratings for new and existing credit relationships.
Perform in-depth credit analysis for diverse portfolios at the highest complexity.
Partner with the Relationship Manager on potential structure proposals.
Attend site visits and prospect/customer calls as needed.
Prepare credit applications for new and existing borrowers.
Ensure applications provide a high quality of risk assessment, credit structure, due diligence, and credit presentation.
Manage the timely approval, documentation preparation and negotiation, and closing of new and existing transactions.
Operate within applicable regulatory and compliance guidelines/policies & procedures.
Ensure the managed portfolio is comprehensively monitored and controlled.
Interpret and apply TD’s risk management strategy.
Understand changing market conditions and remain knowledgeable of relevant industry issues.
Manage aspects of the customer relationship, including reviewing reports and delinquencies, signing off on covenant compliance forms, and determining strategy if failures occur.
Oversee Credit Analysts who provide support in these responsibilities.

Benefits

Base salary and variable compensation/incentive awards
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
Training programs
Competitive benefits plan
Online learning platform
Mentoring programs