Commercial Credit Underwriter I

TD is one of the world's leading global financial institutions, and they are seeking a Commercial Credit Underwriter I to analyze and underwrite commercial loan applications. The role involves ensuring compliance with underwriting guidelines and performing financial analysis of loans while maintaining a high-quality work standard in a high-volume environment.

Responsibilities:

• Analyzes, underwrites and may act as the final decision authority on commercial loan applications while following sound lending practices, policies and procedures
• Ensures compliance with established underwriting guidelines, quality and production guidelines, as well as Federal Banking Regulations and Government Reporting requirements
• Responsible for basic financial analysis of less complex loans/industries/Customers
• May possess loan decision authority up to position authority limits as defined in credit policy
• Conducts credit investigations and analyzes financial information pertaining to relationships with Commercial Credit exposure up to highest authority limits
• Underwrites loans and performs historical business financial analysis and cash flows, including communicating with the borrower's accountant (as needed) to gain a better understanding of the company's accounting practices
• Performs In-depth analysis of a guarantor's financial position through a thorough investigation of personal financial statements, understanding any contingent liabilities, constructing a global cash flow analysis, thorough investigation of personal tax returns and credit reporting documentation/ Fair Isaac output data
• May investigate available sources of credit and financial information
• Research economic and market conditions relating to the company, industry and market area
• Notes any deviations from loan policy, procedures and guidelines and identification / mitigation of key credit risks, and decision of appropriate structures in order to reduce credit risk
• Identifies credit applications that require credit enhancements and decisions respective applications accordingly
• Renders final credit decision within individual lending authority limits, based upon the strengths and risks, collateral analysis, historical financials, business and personal cash flow & balance sheet analysis, ratio & trend analysis, review of credit bureau and business bureau reports / Fair Isaacs Scoring Data, management profiles, business/product cycles, industry information, projected operating performance, application data and the ability to repay the proposed debt
• When applicable, considers and discusses alternative structures and overall assessments with market, sales personnel and Customers
• Sets conditions of lending and involved with post approval review with the post approval team to ensure conditions of lending are met or appropriately mitigated prior to loan closing
• Meets turnaround requirements of a high-volume loan production environment, while maintaining strong quality of work produced
• Maintains a satisfactory level of portfolio delinquencies and charge-offs