National Commercial Underwriting Manager I
TD
full-time
Posted on:
Location Type: Hybrid
Location: Mount Laurel • New Jersey, South Carolina • 🇺🇸 United States
Visit company websiteSalary
💰 $110,760 - $178,880 per year
Job Level
SeniorLead
About the role
- Manage credit underwriting and credit administration functions for assigned portfolio consistent with TD Bank Group Risk Appetite Principles
- Establish credit structure, Borrower Risk Ratings and Facility Risk Ratings for new and existing credit relationships
- Direct Centralized Credit Management staff in portfolio monitoring and origination of new credit exposure
- Manage and lead a team of Commercial Credit Underwriters and Commercial credit professionals; hire, set goals, develop staff, manage performance and compensation
- Adjudicate credits of varying complexities and guide team to properly structure credit exposure within bank's risk appetite
- Ensure adherence to Risk Policies, operational risk processes and drive satisfactory regulatory audits, loan review, internal audits, and compliance audits
- Exercise loan decision authority up to position limits and attain/ exercise exception and high-risk loan authority
- Participate in decision appeal discussions with sales management and/or credit risk management
- Contribute to policy and standards discussions with senior management and lead process improvement and system enhancement initiatives
- Drive team to meet turnaround requirements while maintaining quality of work and satisfactory portfolio delinquencies and charge-offs
- Build and maintain productive relationships with business partners and coach Credit Managers and Underwriters to develop value-added credit solutions
Requirements
- Undergraduate degree preferred
- 10+ years of relevant commercial lending relationship management, underwriting, and/or adjudication experience
- Prior lending authority >= $1 million preferred
- Small Business Administration/Agency, Healthcare Practice Solutions, or other specialty lending experience preferred
- Prior people management experience preferred
- Proven leadership abilities
- Proven analytical and research skills
- Demonstrated problem solving skills and ability to blend technical knowledge and good business judgment
- Proven organizational, multi-tasking, analytical, time management and decision-making skills
- Demonstrated understanding of value-add credit structuring in a commercial banking environment
- Ability to meet deadlines
- Strong communication skills, both verbal and written
- Strong interpersonal skills and a team orientation
- Ability to work with various levels of business partners
- Computer literacy with a variety of software programs
- Demonstrated credit underwriting and administration skills
- Proven ability to identify and mitigate risk
Benefits
- Base pay and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards)
- 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 mentoring programs
- Training and onboarding sessions and access to online learning platform
- Reward and recognition programs
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
credit underwritingcredit administrationcommercial lendingadjudicationcredit structuringrisk assessmentportfolio managementregulatory complianceloan decision authorityanalytical skills
Soft skills
leadershipproblem solvingorganizational skillstime managementcommunication skillsinterpersonal skillsteam orientationdecision-makingmulti-taskingrelationship building