Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$23.25 - $32.75 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. 

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Personal & Commercial Banking

Job Description:

The Commercial Loan Administrator III provides ongoing Customer service and documentation support as loan officer's liaison on assigned commercial accounts, providing professional and efficient service to external and internal Customers to ensure data accuracy, avoid losses and reduce undue risk. The Commercial Loan Administrator III analyzes transaction structure and determines pertinent information to gather from a variety of sources, coordinates preparation and review of loan documentation, ensures policy and regulatory compliance. The Commercial Loan Administrators serve as a resource for one another.

Depth & Scope:

Assists lender with new loan requests for both existing and new borrowers to the BankLevel III Commercial Loan Administrator accounts can vary, but typically capable of working independently and of handling accounts of larger size and complexity and/or larger volume of accounts, which may include large commercial loans, syndicated loans, participations, asset based loans, cash management, collections, workout, agency loans and international letters of creditServes as a resource for Commercial Loan Administrator I and IIChecks current tax and lien information, tracks financial statements and agency feesVerifies evidence of insurance, requests updated financial information and prepares management and agency reportsMay manage portfolio risk by highlighting maturities, overdrafts and delinquenciesInterprets documentation required for each credit facility by reviewing loan approval documentation including credit type, time period, interest rate, collateral, guarantors and other general informationCoordinates credit facility renewals which may involve Customer executing new loan documentation, modifying existing notes or other variations which may involve outside attorneys or internal document preparation areas as neededReviews loan documentation tickler system, clear ticklers in a timely manner to ensure data accuracyCoordinates recording of transactions in the public record, such as sending loan information and associated fees to county clerks and vehicle collateral information to division of motor vehiclesInputs necessary information into loan origination system to generate loan documents. Assists with closing and then submits information for boarding. Sends completed loan documentation packages to quality control areaDisburses loan proceeds to Customers, checking for proper forms authorizing paymentResponsible for ongoing loan maintenance and Customer service activitiesVerifies and processes Customer advances and payments on lines of credit

Education & Experience:

High school diploma or equivalent experience3+ years related experience requiredDetailed knowledge of commercial lending products, credit policy, loan documentation and administration requirements and legal and regulatory guidelines.Detailed knowledge of and experience applying commercial lending policy and procedures, including lending authority, loan structures, risk ratings, loan to value ratio and other related information.Excellent Customer service skills, including ability to work with demanding Customers in complex lending relationships.Strong analytical, problem solving and organizational skills and experience.Flexible and adaptable to change, with ability to learn new tasks and systems quickly. Demonstrated ability to multi-task and learn quickly.Math skills and accuracy with numbers and transactions required.Demonstrates strong attention to detail, including ability to review large amounts of detailed documents for accuracy.Strong time management skills resulting in successful completion of multiple priorities to meet objectives.Excellent communications skills, both verbal and written.PC skills, including extensive experience with and ability to troubleshoot specialized loan administration systems and software and ability to adapt to system changes.

Who We Are:
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues. 

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. 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. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.