National Commercial Underwriting Manager I (US)

TD Bank•Mount Laurel, NJ

19d

About The Position

The National Commercial Underwriting Manager I will lead the Portfolio Management department of the Healthcare Practice Solutions Group (HPSG) within C3M. Responsibilities include people management of approximately 8 underwriters, oversight over the HPSG portfolio within C3M, review of approval packages for annual reviews, criticized assets, modifications, and other credit actions, recommend and/or approve loans within NCUM I credit authority and other duties as directed by manager. Candidate should possess strong underwriting skills, proven leadership and organizational skills, ability to multi-task, meet deadlines, achieve risk and control thresholds, provide mentorship, motivation, training and coaching to direct reports and knowledge of TD's relevant policies and procedures. The above details are specific to the role which is outlined in the general description below. The National Commercial Underwriting Manager I manages the credit underwriting and credit administration functions for assigned portfolio, consistent with the TD Bank Group Risk Appetite Principles. Establishes the credit structure, Borrower Risk Ratings and Facility Risk Ratings (where applicable) for new and existing credit relationships. The job directs the Centralized Credit Management staff within its assigned teams in the monitoring of the portfolio and/or origination of new credit exposure. The job manages a team of commercial credit professionals including Commercial Credit Underwriters.

Requirements

Undergraduate degree preferred
10+ years of relevant commercial lending relationship management, underwriting, and/or adjudication experience
Proven leadership abilities
Ability to lead in a h ighly professional, systems-based environment
Proven analytical and research skills
Demonstrated problem solving skills and the ability to blend technical knowledge and good business judgment
Proven organizational, multi-tasking, analytical, time management and decision-making skills.
Demonstrated understanding of value-add credit structuring in a commercial banking environment
Ability to meet deadlines
Strong communication skills, both verbal and written
Strong interpersonal skills and a team orientation
Ability to work with various levels of business partners
Computer literacy with a variety of software programs
Demonstrated credit underwriting and administration skills
Proven ability to identify and mitigate risk
Demonstrated understanding of value-add credit structuring in a commercial banking environment
Excellent communication skills with understanding of business acumen
Excellent interpersonal skills
Customer focused
Excellent planning and organizational skills
Proven ability to problem solve

Nice To Haves

Prior lending authority >/= $1 million preferred
Small Business Administration/Agency, Healthcare Practice Solutions, or other specialty lending experience preferred
Prior people management experience preferred

Responsibilities

Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
Manages a commercial underwriting team that adjudicates credits with a variety of complexities.
Leads a team of Commercial Credit Underwriters.
Guides the team to properly structuring new and existing credit exposure within the bank's risk appetite.
Ensures adherence to Risk Policies, implements operational risk processes, policies, and practices and drives satisfactory regulatory audits, loan review, internal audits, and compliance audits.
Possesses loan decision authority up to position authority limits as defined in credit policy
Expected to attain and exercise exception and high-risk loan authority
Takes part in decision appeal discussion with sales management and/or credit risk management
Acts as a leader and participates in the on-going development of your Underwriting team
Considers and discusses alternative structures such as SBA and other agencies and overall assessments with market, sales personnel
Contributes to discussions of policy and standards adjustments with senior management team
Drives team to meet turnaround requirements in a loan production environment, while maintaining strong quality of work produced
Maintains a satisfactory level of portfolio delinquencies and charge-offs
Ensures departmental compliance with TD Bank Credit Policy and Credit Standards, Federal Banking Regulation and Government Reporting requirements.
Contribute to organizational strategic initiatives such as process improvement, system enhancements, process workflow
Builds and maintains productive relationships with all business partners within the Commercial Bank and encourages team to do the same
Coaches the Credit Managers and Underwriters in developing value-added credit solutions for our customers that are consistent with the TD Bank Group Risk Appetite Principles
Drive employee satisfaction and morale