Commercial Portfolio Loan Officer III

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.

The Commercial Portfolio Loan Officer III administers and monitors portfolio of Commercial loans, personally managing or assisting lenders in managing loan relationships within the group. Department Overview:   The Commercial Portfolio Loan Officer III provides underwriting, credit risk oversight, and portfolio management for complex commercial lending relationships, primarily concentrated in Special Mention and Classified-rated borrowers. The role evaluates borrower performance and credit risk to support sound credit decisions, risk mitigation strategies, and the protection of the Bank's asset quality. Depth & Scope: Administers and monitors large portfolio of large, complex commercial loans Personally manages loan relationships with in the group Ensures accuracy and maintenance of Customer records and files and updates information as needed. Prepares more in-depth management reports summarizing portfolio activity Pays specific attention to credit administration, exception and risk management based on common metrics Administers existing loans to ensure complete conformity with terms and adequacy of documentation, including preparation of criticized asset reports and review memos; coordinates with operations and processing areas to ensure loan payments are collected and recorded Maintains current risk rating on Customers and makes appropriate comments in Customer credit files to ensure information remains current Accompanies loan officers during sales calls to assist with account details and implementation Provides technical guidance and assists staff with most complex aspects of work as necessary May provide training and mentoring for new and less experienced staff Coordinates with credit department and performs more in-depth financial analyses and credit investigations to make credit decisions on line extensions and other loans Contributes and provides input to group loan decision processes based on evaluation of credit risk and other key factors Visits Customers independently and with commercial loan officers to maintain strong business relationships Is assigned own accounts and/or share account management responsibilities with commercial loan officers Performs periodic inspections at Customer sites to audit accounts and ensure adherence to loan agreements and terms Administers existing loans to ensure complete conformity with terms and adequacy of documentation, including preparation of criticized asset reports and review memos; coordinates with operations and processing areas to ensure loan payments are collected and recorded Utilizes limited personal credit authority under the direction of the Relationship Manager, for the benefit of Customers and efficiency of the lending process Education & Experience: 4 year degree or equivalent experience 5+ years related experience In-depth understanding of commercial credit decision process Demonstrates credit, financial analysis and accounting skills In-depth knowledge of commercial legal and regulatory guidelines Proven Customer service and relationship management skills, including demonstrated