TD

Credit Analyst III – State and Municipal

TD

full-time

Posted on:

Location Type: Office

Location: Glastonbury • Connecticut, Massachusetts, Rhode Island • 🇺🇸 United States

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Salary

💰 $33 - $54 per hour

Job Level

Mid-LevelSenior

About the role

  • Manage credit activities including underwriting new loan requests and monitoring portfolio risk for governmental borrowers (states, counties, cities, towns, school districts, special districts, housing agencies, municipal utilities)
  • Complete comprehensive but concise credit write-ups and conduct financial and industry analysis to ensure sound lending decisions that align with bank risk appetite
  • Perform underwriting analysis of Borrower's character, credit worthiness and financial condition
  • Prepare insightful and timely approval memorandums for presentation to appropriate lending and credit authorities
  • Thoroughly analyze financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, and other metrics to identify trends and assess financial strength
  • Maintain credit files, monitor updated financial statements and prepare updated analysis memos
  • Monitor compliance with regulatory requirements and identify deviations from Company Commercial Loan Policy
  • Research industry-specific information from outside sources and participate in customer meetings; make direct inquiries as needed
  • Support the lending function by providing analytical support and may train/mentor junior analysts

Requirements

  • 4 year degree or equivalent experience
  • 3+ years related experience required
  • Demonstrates knowledge of credit and financial analysis techniques
  • Strong understanding of loan risk factors
  • Demonstrates ability to independently gather, consolidate, analyze and summarize data to provide well-considered recommendations
  • Proven ability to identify and quantify subtle business risks and identify key drivers of risk
  • Effective time management skills
  • Excellent written and oral communication skills
  • Well developed research and analytical skills
  • Developed PC skills including demonstrated proficiency and capability in word processing and spreadsheet software
  • Demonstrated ability to maintain the confidentiality of credit and Customer information
  • Excellent interpersonal skills and a team orientation
  • Ability to coach, train and lead junior staff in credit and financial analysis techniques
  • Familiarity with government finance preferred but willing to train
  • May require occasional travel
Benefits
  • Base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
  • Health and well-being benefits
  • Savings and retirement programs
  • Paid time off (Vacation PTO, Flex PTO, and Holiday PTO)
  • Banking benefits and discounts
  • Career development and training programs
  • Reward and recognition programs
  • Mentorship and online learning platform access
  • Training and onboarding sessions
  • Colleague development, regular career and performance conversations

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
credit analysisfinancial analysisunderwritingportfolio risk managementfinancial statement analysisdata analysisrisk assessmentloan risk factorscredit worthiness evaluationregulatory compliance
Soft skills
time managementwritten communicationoral communicationresearch skillsanalytical skillsinterpersonal skillsteam orientationcoachingmentoringindependent decision making