TD Bank Managing Sr Credit Officer in New York, New York
Managing Sr Credit Officer
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 www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US .
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 www.td.com .
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Managing Senior Credit Officer ("MSCO"): The MSCO is an executive role that resides in the Credit Risk organization and will oversee and manage commercial credit activities ensuring consistency with Institutional Commercial Real Estate ("ICRE") policy and commercial credit requirements. Oversees ICRE reviews of existing portfolio credits, manages and recommends credit policies and procedures and monitors the organization's credit risk exposure and provides guidance in ICRE portfolio review and strategy.
Education & Experience:
• Bachelors degree or progressive work experience in addition to experience below
• 10+ years related experience in commercial real estate required
• Demonstrated knowledge of credit policies and procedures
• Experience in structuring and documenting credits as well as accountability for quality loan portfolios
• Proven track record of developing and managing commercial loan credit and services in a high-growth environment
• Demonstrated experience supervising/mentoring credit staff
• Proven leadership abilities, and organizational and time-management skills
• Proven analytical, verbal, writing and interpersonal skills
• Proficient in Microsoft Office products
Depth & Scope:
•\tExercises approval authority as delegated and in accordance with Credit Policy
•\tOversees Commercial Credit Activities in ICRE that are advanced in complexity, multi-faceted and diverse, including perm and construction loans, bridge loans, mortgage warehousing, REITs and capital call facilities
•\tProvides leadership, support and guidance to the Line of Business (LoB) and Credit Team and assists with more complex transactions, including meeting with customers
•\tParticipates on several decision-making committees for commercial credit and portfolio management
•\tActs in an advisory and referral role to other Credit Officers, Relationship Managers, Credit Specialists and Analysts in matters of compliance, regulation and policy. Uses experts as needed
•\tRecommends changes in underwriting and policies, including industry reviews
•\tOversees criticized asset and portfolio review meetings
•\tConfirms the final risk ratings including Borrower Risk Rating (BRR), Facility Risk Rating (FRR), and Industry Risk Rating (IRR)
•\tProtects the assets of the bank through the proper execution and administration of operational and risk management policies and procedures
•\tPerforms a leadership role in adjudicating and reviewing credits that exceed subordinated Credit Officers authority as appropriate
•\tExercises independent judgment by displaying and reaching conclusions on the most complex credit decisions as well as assumes accountability for quality approval decisions and the overall quality of the group/regions loan portfolio
•\tReviews and endorses recommendations from Market Presidents for limits and adjustments to the Loan Officer authorities as appropriate
•\tHandles post approval sign off on risk ratings within assigned portfolio, above an agreed threshold, for credits approved by Credit Management Lenders
•\tExercises authority regarding personnel actions including staffing, performance appraisals, promotions, salary recommendations and terminations
•\tResolves escalated issues and problems by conferring with senior management, staff, other internal departments, outside contacts, and Customers as necessary
•\tProvides technical guidance and assists staff with most complex aspects of work as necessary
•\tReinforces the organizations Credit Culture and Professional Development
•\tInteracts with Asset Recovery Group, outside counsel and subject matter experts as appropriate
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 their potential.
If you are a candidate with a disability and need an accommodation to complete the application process, email the 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 application process.
EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.
Massachusetts, New York, Virginia
Boston, New York, Vienna
200 State Street Corporate
Job Category - Primary:
Risk Management Executives
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