Commercial Credit Underwriter

2 weeks ago


Mount Laurel, New Jersey, United States TD Bank, N.A. Full time
Job Summary

The Commercial Credit Underwriter I is responsible for analyzing, underwriting, and making final decisions on commercial loan applications while adhering to sound lending practices, policies, and procedures. This role ensures compliance with established underwriting guidelines, quality and production guidelines, as well as Federal Banking Regulations and Government Reporting requirements.

Key Responsibilities
  • Conduct thorough credit investigations and analyze financial information pertaining to commercial credit exposure.
  • Underwrite loans and perform historical business financial analysis and cash flows, including communicating with the borrower's accountant to gain a better understanding of the company's accounting practices.
  • Perform in-depth analysis of a guarantor's financial position through a thorough investigation of personal financial statements, understanding any contingent liabilities, constructing a global cash flow analysis, and investigating personal tax returns and credit reporting documentation.
  • Identify credit applications that require credit enhancements and make decisions accordingly.
  • Rend final credit decisions within individual lending authority limits, based on the strengths and risks, collateral analysis, historical financials, business and personal cash flow & balance sheet analysis, ratio & trend analysis, review of credit bureau and business bureau reports, management profiles, business/product cycles, industry information, projected operating performance, application data, and the ability to repay the proposed debt.
Requirements
  • Undergraduate degree and/or 3+ years of relevant experience or basic knowledge of credit and financial analysis techniques.
  • Strong analytical and research skills.
  • Demonstrated problem-solving skills and the ability to blend technical knowledge and good business judgment.
  • Strong communication skills, both verbal and written.
  • Proven organizational, multi-tasking, analytical, decision-making skills, and ability to meet deadlines.
  • Good interpersonal skills and a team orientation.
  • Ability to work with various levels of sales and market personnel.
  • Developed PC skills, including proficiency and capability in word processing and spreadsheet software.
Physical Requirements

The following physical requirements are necessary for this role:

  • 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
About TD Bank, N.A.

TD Bank, N.A. 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.



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