Work Location:
Mount Laurel, New Jersey, United States of America
Hours:
40
Pay Details:
$115,440 - $186,160 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:
Personal & Commercial Banking
Job Description:
Department Overview:
The National Commercial Underwriting Manager I will lead the Portfolio Management department of the Healthcare Practice Solutions Group (HPSG) within C3M. Responsibilities include people management of approximately 8 underwriters, oversight over the HPSG portfolio within C3M, review of approval packages for annual reviews, criticized assets, modifications, and other credit actions, recommend and/or approve loans within NCUM I credit authority and other duties as directed by manager.
Candidate should possess strong underwriting skills, proven leadership and organizational skills, ability to multi-task, meet deadlines, achieve risk and control thresholds, provide mentorship, motivation, training and coaching to direct reports and knowledge of TD's relevant policies and procedures.
The above details are specific to the role which is outlined in the general description below.
The National Commercial Underwriting Manager I manages the credit underwriting and credit administration functions for assigned portfolio, consistent with the TD Bank Group Risk Appetite Principles. Establishes the credit structure, Borrower Risk Ratings and Facility Risk Ratings (where applicable) for new and existing credit relationships. The job directs the Centralized Credit Management staff within its assigned teams in the monitoring of the portfolio and/or origination of new credit exposure. The job manages a team of commercial credit professionals including Commercial Credit Underwriters.
Depth & Scope:
Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
Manages a commercial underwriting team that adjudicates credits with a variety of complexities.
Leads a team of Commercial Credit Underwriters.
Guides the team to properly structuring new and existing credit exposure within the bank's risk appetite.
Ensures adherence to Risk Policies, implements operational risk processes, policies, and practices and drives satisfactory regulatory audits, loan review, internal audits, and compliance audits.
Possesses loan decision authority up to position authority limits as defined in credit policy
Expected to attain and exercise exception and high-risk loan authority
Takes part in decision appeal discussion with sales management and/or credit risk management
Acts as a leader and participates in the on-going development of your Underwriting team
Considers and discusses alternative structures such as SBA and other agencies and overall assessments with market, sales personnel
Contributes to discussions of policy and standards adjustments with senior management team
Drives team to meet turnaround requirements in a loan production environment, while maintaining strong quality of work produced
Maintains a satisfactory level of portfolio delinquencies and charge-offs
Ensures departmental compliance with TD Bank Credit Policy and Credit Standards, Federal Banking Regulation and Government Reporting requirements. Contribute to organizational strategic initiatives such as process improvement, system enhancements, process workflow
Builds and maintains productive relationships with all business partners within the Commercial Bank and encourages team to do the same
Coaches the Credit Managers and Underwriters in developing value-added credit solutions for our customers that are consistent with the TD Bank Group Risk Appetite Principles
Drive employee satisfaction and morale
Education & Experience:
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
Ability to lead in a highly professional, systems-based environment
Proven analytical and research skills
Demonstrated problem solving skills and the 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
Demonstrated understanding of value-add credit structuring in a commercial banking environment
Excellent communication skills with understanding of business acumen
Excellent interpersonal skills
Customer focused
Excellent planning and organizational skills
Proven ability to problem solve
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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.
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.
If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
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.
