Merch Srvs Sr Credit Analyst

TD•Mount Laurel, NJ

2d•$30 - $45•Onsite

About The Position

The Merchant Services Senior Credit Analyst analyzes financial statements, management profiles, business/product cycles, and cash flow ability to develop an assessment of credit risk including reviewing in-depth historical operating performance. This job develops assessment/summary by identifying key strengths and risks, reviewing historical operating performance, and recommending risk rating. It performs quality underwriting for merchant services relationship requests and may begin to analyze requests in a specific industry that are complex in structure, or of a large market nature. The Senior Credit Analyst approves merchant applications within established merchant credit policy and individual credit authority.

Requirements

4 Year Degree or equivalent
3-5 Years of credit risk experience
Credit and Financial statement analysis experience
Highly motivated and committed to providing superior service
Strong communication skills, interpersonal skills and the ability to work independently and as part of a team are essential
Requires superior analytical skills and the ability to exercise sound judgment to make decisions
Proven accuracy, well organized and able to multi-task to meet SLAs
Expert knowledge of practices and procedures as related to Payment Card Network rules and regulations

Responsibilities

Accountable for larger, more complex credits and have higher approval limits
Analyzes financial statements, management profiles, business/product cycles, and cash flow ability to develop an assessment of credit risk including reviewing in-depth historical operating performance
Develops assessment/summary by identifying key strengths and risks, recommending a decision and a risk rating
Independently discusses and recommends alternative structures, overall assessments, and any outstanding requirements with merchant Sales Reps
Performs quality underwriting for merchant application requests
May begin to analyze requests in a specific industry, that are complex in structure, or of a large market nature
Approves and/or recommends accounts within established merchant credit policy and individual credit approval limit authority
Independently prepares analyses for designated merchant accounts that includes identifying any deviations from the merchant policy, recommending processing or reserve changes in order to preserve profitability, reduce credit risk and merchant exposure
Performs a financial analysis on customer-provided or bank-generated projections including the performance of "what-if" scenarios that test the reasonableness of the projections provided to the Company
Collects and maintains industry data from outside sources, including conversations with the borrower, industry publications, payment card network information, etc to assist with approach to risk assessment
Participates in and/or assists in leading internal training activities to sales and customer service employees.
Participates in special projects and performs additional duties as required e.g. AML reporting
Represents TD at civic, professional and bank-sponsored events; serves on non-profit boards and participates in professional organizations, as opportunities become available