Credit Specialist II – Affordable Housing

Jobtailor; Massachusetts; On-site; USD 110,000 - 160,000; Full time

Job summary

TD Bank seeks an experienced credit professional to manage underwriting and administration for a diversified portfolio. You will work with Relationship Managers and Credit Officers to align with risk appetite and regulatory standards, establishing risk ratings and performing in-depth analyses.

The role requires a 4-year degree and 7+ years in credit, with strong communication and problem-solving skills, plus proficiency in credit management systems and AIRB methodology.

Qualifications

• 4 year Undergraduate degree.
• 7+ years' experience in related field.
• Excellent credit underwriting and administration skills.
• Subject matter expertise in complex credit understanding.
• Superior ability to identify and mitigate risk.
• Value-add structuring alternatives for highly complex credits.
• Strong written and verbal communication with solid business acumen.
• Knowledge of AML, Privacy, Firewalls, Systems & Information Security, FCAC.
• Ability to perform multiple tasks and concentrate for long periods.

Responsibilities

• Ensure quality and compliance within an assigned portfolio.
• Perform credit underwriting and credit administration functions.
• Establish Borrower Risk Ratings and Facility Risk Ratings for new and existing credits.
• Perform in-depth credit analysis of diverse, complex portfolios.
• Prepare credit applications for new and existing borrowers, including renewals and annual reviews.
• Manage approval, documentation, and negotiation of transactions.
• Monitor the portfolio and covenant compliance forms on a monthly basis.
• Coordinate with Relationship Manager and Credit Officer to align with risk appetite.
• Provide value-add structuring alternatives for complex credits.

Skills

Credit Underwriting

Credit Analysis

Risk Assessment

Regulatory Compliance

Customer Relationship Management

Problem Solving

Strong Written Communication

Excellent Verbal Communication

Organizational Skills

Financial Analysis

Education

Bachelor's Degree

Tools

Credit Management Systems

Job description

• Ensure quality and compliance within an assigned portfolio
• Support new business development while applying credit risk policy and adhering to TDBG risk appetite
• Perform credit underwriting and credit administration functions
• Work closely with the Relationship Manager and Credit Officer to align with TD Bank Group Risk Appetite Principles
• Establish Borrower Risk Ratings and Facility Risk Ratings for new and existing credit relationships
• Perform in-depth credit analysis of highly diverse, complex portfolios
• Analyze potential and existing customers in partnership with the Relationship Manager
• Partner with the Relationship Manager on complex credit structure proposals
• Attend site visits and prospect/customer calls as needed
• Prepare credit applications for new and existing borrowers, including new transactions, extensions, modifications, renewals, and Annual Reviews
• Ensure high-quality risk assessment, credit structure, due diligence, and credit presentation using AIRB methodology
• Manage approval, documentation preparation and negotiation, and closing of transactions
• Ensure compliance attestations and training are completed within required timelines
• Monitor and control the managed portfolio according to approved guidelines and operating procedures
• Interpret and apply TD's credit and operational risk management strategy
• Monitor changing market conditions and relevant industry issues
• Review reports and delinquencies, sign off covenant compliance forms, determine strategies for failures, and complete monthly monitoring
• Oversee Credit Analysts supporting customer relationship responsibilities

Requirements

• 4 year Undergraduate degree
• 7+ years' experience in related field
• Excellent credit underwriting and administration skills
• Subject matter expertise in complex credit understanding
• Superior ability to identify and mitigate risk
• Ability to provide value-add structuring alternatives for highly complex credits
• Strong written and excellent verbal communication skills with solid business acumen
• Solid interpersonal skills
• Customer focused
• Strong planning and organizational skills
• Ability to problem solve in more complex situations
• Technologically proficient
• Knowledge of applicable regulatory and compliance guidelines, policies, and procedures, including AML, Privacy, Firewalls, Systems & Information Security, and FCAC
• Ability to perform sedentary work continuously
• Ability to perform multiple tasks continuously
• Ability to operate standard office equipment continuously
• Ability to concentrate for long periods continuously
• Ability to read, write, and comprehend instructions continuously
• Ability to add, subtract, multiply, and divide continuously

Core Competencies

Demonstrates expertise in credit underwriting and administration, with a strong focus on risk assessment and compliance within complex credit portfolios. Proven ability to collaborate with relationship managers to develop value-add structuring alternatives and ensure adherence to regulatory guidelines.

Highest-signal resume keywords

• Credit Underwriting
• Risk Assessment
• Credit Analysis
• Regulatory Compliance
• Customer Relationship Management

Hard Skills

• Credit Underwriting
• Credit Administration
• Credit Analysis
• Risk Mitigation
• Credit Structure Proposals
• AIRB Methodology
• Portfolio Management
• Regulatory Guidelines Knowledge
• Financial Analysis
• Problem Solving

Soft Skills

• Strong Written Communication
• Excellent Verbal Communication
• Interpersonal Skills
• Customer Focus
• Organizational Skills

Industry Keywords

• AML
• Privacy
• Firewalls
• Systems & Information Security
• FCAC

Tools & Technologies

• Office Equipment
• Credit Management Systems