CSB Credit Specialist I - Commercial Leasing

About the role

Work Location: Mount Laurel, New Jersey, United States of America Hours: 40 Pay Details: $91,000 - $136,240 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: Department Overview: The Credit Specialist I - TD Equipment Finance ("TDEF") position is responsible for servicing a portfolio of Commercial Leasing clients, encompassing both direct TDEF clients-primarily large, investment-grade corporations with annual revenues exceeding $500 million on a national scale-and our managed accounts or commercial customers of TD Bank. This role is instrumental in delivering tailored equipment financing solutions that support the strategic objectives of TD Bank's commercial clientele. Key responsibilities of the Credit Specialist I include the comprehensive underwriting of both new and existing client relationships, proactive portfolio management, and the meticulous preparation and review of structural analysis for equipment finance opportunities. The above details are specific to the role which is outlined in the general description below. The CSB Credit Specialist I 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 I performs the credit underwriting and credit administration functions. The CSB Credit Specialist I 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. Depth & Scope: 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 adhere to AIRB methodology and address TD Banks profitability objectives Manages the timely approval, documentation preparation and negotiation, and closing of new and existing transactions Is knowledgeable of and operates 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 Responsible for managing aspects of the customer relationship including, but not limited to, reviewing reports and delinquencies, signing off of covenant compliance forms and determining strategy if failures occur, completing monthly monitoring; overseeing Credit Analysts that will provide support in these responsibilities Education & Experience: 4 year Undergraduate degree or equivalent experience; advanced degree in financial discipline preferred, other advanced degree considered Minimum 7 years' experience in related field Strong credit underwriting and administration skills Ability to identify and mitigate risk Ability to provide value-add structuring alternatives for complex credits Strong written and verbal communication skills with demonstrated understanding of business acumen Solid interpersonal skills Custom

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