TD Bank Commercial Loan Specialist III, Haverhill, Mass in Haverhill, Massachusetts

Auto req ID 168112BR

Job Title Commercial Loan Specialist III, Haverhill, Mass

Job Status Full Time


Province/ State Massachusetts

City Haverhill

Location Haverhill (MA)

Business Line TD Bank AMCB

Job Category - Primary Operations & Underwriting

Job Category(s) Operations & Underwriting

TD Description About TD Bank, America's Most Convenient Bank®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit at Find TD Bank on Facebook at and on Twitter at .

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit at .

Department Overview

The Commercial Loan Specialist III is responsible for managing and administering a portfolio of loans from origination through to settlement and funding in accordance with Bank policies, procedures, and regulatory requirements.

Job Description

•Manages a loan pipeline from origination through to settlement and funding in accordance with Bank policies and procedures.

•Provides documentation and Bank policy and procedure guidance to all lending areas.

•Resolves more complex issues relating to closings.

•Serves as a resource for Loan Specialist I & II.

•Works independently and handles loans of a more complex nature along with heavily negotiated loan transactions ensuring all documentation are in compliance.

•Verifies all quality control procedures are maintained and monitored.

•Ensures all loans are closed without material, administrative or compliance exceptions.

•Ensures that all required loan conditions (insurance, collateral, etc.) are sufficient and properly documented and in compliance with bank policy.

•Manages/confirms TD changes are consistent with system requirements.

•Evaluates best course of action taking into account bank policy, regulatory requirements, impact to the customer, and impact to the bank as well as cost factors.

•Manages/takes appropriate actions to ensure loans are booked and properly set-up if necessary.

•Orders and maintains loan documentation from beginning to finish ensuring adherence with compliance with bank policy procedures regulatory requirements and lending conditions.

•Establishes and manages relationships with commercial operations, relationship management team, credit offers and others as needed.

•Acts as liaison with bank counsel, compliance, asset based lending, leasing, government banking, derivatives, construction loan administration, brokers, international department, and various other parties to the loan as needed.

Job Requirements

•4 year degree or equivalent experience

•5+ years related experience required

•Knowledge of specialized lending areas such as Small Business Administration lending, construction or syndicated loans.

•Proven ability to provide excellent Customer service to internal and external Customers.

•Excellent interpersonal, oral and written communication skills.

•Excellent PC skills with familiarity with standard office equipment.

•Ability to work in a fast-paced dynamic environment.

•Detail oriented, self-motivated and able to work independently in handling a heavy workload.

•Possesses strong organizational, analytical and decision-making skills.

•Demonstrated knowledge of commercial loan documentation, title policies, appraisals, environmental assessments, entity formation documents and bank policies and procedures.

•Paralegal experience/knowledge needed. Paralegal certificate preferred

Hours 40 hours a week: Monday - Friday; 8AM to 5PM


At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach her/his potential.

If you have a disability that requires an accommodation to complete the application process, please e-mail TD Bank's HR Compliance Department at Please include your full name, contact information and details about your request within the e-mail.

EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.

**Province/State (Primary) Massachusetts

City (Primary) Haverhill