National Commercial Underwriting Manager I

Work Location:

Greenville, South Carolina

Hours:

40

Pay Details:

$110,760.00 - $166,400.00 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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:

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

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

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

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

If you are an applicant with a disability and need accommodations 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.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.