TD Bank
Work Location:
Mount Laurel, New Jersey, United States of America
Hours:
40
Pay Details:
$52,000 - $77,480 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:
Credit Management
Job Description:
The Collateral Center of Excellence (CCoE) is a centralized group of specially trained collateral experts that will manage, maintain, and monitor all collateral data needs for the commercial bank, throughout the loan lifecycle. This group will ultimately provide oversight for the Bank's collateral needs, and will ensure data quality, completeness, and accuracy. Responsibilities include managing collateral and the associated data through the life cycle of the loans, collateral data quality, working with other areas to capture, ensure quality control and maintenance of collateral filings across the loan lifecycle; and supporting required collateral inputs to various stakeholder reporting.
The Credit Management Associate IV 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 will ensure customer, facility, and regulatory documentation align accurately within internal systems within Credit Management. The Credit Management Associate 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.
Assists Credit Management with clearing and management of exceptions
Capable of working independently and supporting accounts of larger size and complexity and/or larger volume of accounts, for a variety of lending types such as asset-based lending, corporate and commercial loans, commercial real estate finance (real estate mortgages, construction finance, and REITS), healthcare and higher education, and equipment finance
Assigned accounts may include syndicated or participation loans, cash management accounts, workout, foreign exchange and international letters of credit
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.
Ensures customer accounts are in good order through performing ongoing due diligence (such as tax, UCC, and judgment searches), monitor, track insurance renewals, and verify regulatory information is current and accurate, i.e. authorized signors, OFAC, beneficial owner/control prong and other KYC activities when required
Assists with portfolio risk by monitoring maturities, loan review dates, and other compliance reporting requiring timely action
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
May assist Credit Management with clearing and management exceptions
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 data
Performs post boarding review of new loans on loan origination system to ensure data accuracy
Coordinates credit facility renewals and modification which may involve execution of new loan documentation, modification of existing notes or other actions which may involve approved legal service providers or internal document preparation areas, as applicable
Builds business relationships with Lending and Credit Management teams to determine appropriate contacts for assigned tasks
Maintains a strong knowledge of process and procedure for commercial products and services and shares information with others as a subject matter expert.
Will assist with process improvement and change communication relevant to assigned portfolio
Serves as subject matter expert for the department
Serves as a resource and assists with training Credit Management Associates
Works independently in resolving more complex issues relating to origination process through booking
May provide support with onboarding activities
Education & Experience:
4 year degree or equivalent experience
4+ years related experience required
Detailed 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
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
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 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 (http://hrportal.ehr.com/tdtotalrewards)
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
TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.
If you are an applicant with a disability and need accommodations to complete the application process, please email 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 applicant process.
Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.
Mount Laurel, New Jersey, United States of America
Hours:
40
Pay Details:
$52,000 - $77,480 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:
Credit Management
Job Description:
The Collateral Center of Excellence (CCoE) is a centralized group of specially trained collateral experts that will manage, maintain, and monitor all collateral data needs for the commercial bank, throughout the loan lifecycle. This group will ultimately provide oversight for the Bank's collateral needs, and will ensure data quality, completeness, and accuracy. Responsibilities include managing collateral and the associated data through the life cycle of the loans, collateral data quality, working with other areas to capture, ensure quality control and maintenance of collateral filings across the loan lifecycle; and supporting required collateral inputs to various stakeholder reporting.
The Credit Management Associate IV 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 will ensure customer, facility, and regulatory documentation align accurately within internal systems within Credit Management. The Credit Management Associate 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.
Assists Credit Management with clearing and management of exceptions
Capable of working independently and supporting accounts of larger size and complexity and/or larger volume of accounts, for a variety of lending types such as asset-based lending, corporate and commercial loans, commercial real estate finance (real estate mortgages, construction finance, and REITS), healthcare and higher education, and equipment finance
Assigned accounts may include syndicated or participation loans, cash management accounts, workout, foreign exchange and international letters of credit
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.
Ensures customer accounts are in good order through performing ongoing due diligence (such as tax, UCC, and judgment searches), monitor, track insurance renewals, and verify regulatory information is current and accurate, i.e. authorized signors, OFAC, beneficial owner/control prong and other KYC activities when required
Assists with portfolio risk by monitoring maturities, loan review dates, and other compliance reporting requiring timely action
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
May assist Credit Management with clearing and management exceptions
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 data
Performs post boarding review of new loans on loan origination system to ensure data accuracy
Coordinates credit facility renewals and modification which may involve execution of new loan documentation, modification of existing notes or other actions which may involve approved legal service providers or internal document preparation areas, as applicable
Builds business relationships with Lending and Credit Management teams to determine appropriate contacts for assigned tasks
Maintains a strong knowledge of process and procedure for commercial products and services and shares information with others as a subject matter expert.
Will assist with process improvement and change communication relevant to assigned portfolio
Serves as subject matter expert for the department
Serves as a resource and assists with training Credit Management Associates
Works independently in resolving more complex issues relating to origination process through booking
May provide support with onboarding activities
Education & Experience:
4 year degree or equivalent experience
4+ years related experience required
Detailed 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
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
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 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 (http://hrportal.ehr.com/tdtotalrewards)
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
TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.
If you are an applicant with a disability and need accommodations to complete the application process, please email 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 applicant process.
Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.