Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Line of Business:

Credit Management

Pay Detail:

$24.00 - $33.50 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.

Job Description:

The Credit Management Associate III provides ongoing support to an assigned commercial customer account portfolio within Credit Management .  The Associate will be involved in origination requests and ongoing portfolio administration throughout the lifecycle of each account.  The Associate will ensure that all required processes are completed in accordance with Bank standards and procedures while driving data accuracy and quality control to avoid losses and reduce undue risk. The Associate works with lending and credit management personnel on customer requests to determine and collect critical information from a variety of sources, third parties, and internal partners for utilization in key tasks within the loan origination and portfolio management systems. During each phase of an account's lifecycle, the Credit Management Associate III will ensure customer, facility, and regulatory documentation align accurately within internal systems within Credit Management. The Credit Management Associate III will serve as an expert in commercial lending process and be a resource for others.

Depth & Scope:

Manages an assigned account portfolio for new and existing commercial customers to provide consistent professional service and support throughout the total lifecycle of each account  Assists with the uploading of due diligence received during underwriting, to the image repository system, in preparation of Loan Specialist assignment. May assist in preparing the most basic financial analysis of less complex loans / industries/ Customers, maintaining credit file, financial statement and assist with analysis memos                  Input necessary information into loan origination system to generate loan documents; Assists with closing of new loan accounts and submits information for boarding; assists loan team in preparing a complete approval package in preparation for closing.  Works closely with Credit Management team in supporting basic underwriting functions including spreading of financial statementsMay assist in research of industry specific information from outside sources, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the InternetAssist Credit Management with clearing and management of exceptionsSupports and assists Credit Management CCM team with reporting, loan activities, delinquencies and tracking in loan informationMay generate and distribute reports to the Credit Management team, as needed.Manages a loan pipeline from origination through booking in accordance with Bank policies and proceduresWorks independently in resolving more complex issues relating to origination process through bookingFollows quality control procedures to verify records contain proper content using checklist and other toolsMay create/manage/confirm TD document changes and inputs are consistent with system requirementsEvaluates best course of action taking into account bank policy, regulatory requirements, impact to the customer, and impact to the bank as well as cost factorsEstablishes strong working relationships with commercial stakeholders, credit risk and other internal areas involved in underwriting, approval and closing loans                         Performs lockdown control / QC Function post-approval of a customer request to verify approved terms by Credit Management and Credit Risk align to the loan origination system dataMay provide support with onboarding activities

Education & Experience:

4 year degree or equivalent experience3+ Years of related experienceAccounting knowledge, including FASB and GAAP regulations, particularly in assigned line(s) of businessCurious and observant with willingness to investigate to understand details of assigned business lines/accountsStrong analytical and problem solving skillsProactive, with ability to obtain necessary information and influence others in a tactful way without direct authorityRelationship management skills, with ability to develop good client working relationshipsCommunication skills, with ability to clearly display and explain numerical information and articulate required accounting treatment PC skills, including understanding of accounting software applicationsAbility to analyze non-routine transactions and those requiring judgment

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

●   Domestic Travel – Occasional

●   International Travel – Never

●   Performing sedentary work – Continuous

●   Performing multiple tasks – Continuous

●   Operating standard office equipment - Continuous

●   Responding quickly to sounds – Occasional

●   Sitting – Continuous

●   Standing – Occasional

●   Walking – Occasional

●   Moving safely in confined spaces – Occasional

●   Lifting/Carrying (under 25 lbs.) – Occasional

●   Lifting/Carrying (over 25 lbs.) – Never

●   Squatting – Occasional

●   Bending – Occasional

●   Kneeling – Never

●   Crawling – Never

●   Climbing – Never

●   Reaching overhead – Never

●   Reaching forward – Occasional

●   Pushing – Never

●   Pulling – Never

●   Twisting – Never

●   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

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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.