Managing Sr Credit Officer (US), Commercial Real Estate

Work Location:

Charlotte, North Carolina, United States of America

Hours:

40

Pay Details:

$200,000 - $300,000 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:

Risk Management

Job Description:

The Managing Senior Credit Officer (MSCO) oversees and manages commercial credit activities for a team of Credit Officers ensuring consistency with organizational policy and commercial credit laws for a specified region/specialty group. The MSCO will manage a portfolio of secured and unsecured CRE credits plus capital call facilities. Oversees reviews of existing portfolio credits, manages and recommends credit policies and procedures and monitors the organization's credit risk exposure and provides guidance in portfolio review and strategy.

**Please note this is a TD Bank U.S. role

Depth & Scope:

• Exercises joint approval authority as delegated and in accordance with Credit Policy
• Oversees Commercial Credit Activities that are advanced in complexity, multi-faceted and diverse
• Provides leadership, support and guidance to the Credit Team and assists with more complex deals, including meeting with customers
• Participates on several decision-making committees for commercial credit and portfolio management
• Acts in an advisory and referral role to other Credit Officers, RVPs, Lenders, Portfolio Managers and Analysts in matters of compliance, regulation and policy. Uses experts as needed
• Recommends changes in underwriting and policies, including industry reviews
• Oversees criticized asset and portfolio review meetings
• Confirms the final risk ratings including Borrower Risk Rating (BRR), Facility Risk Rating (FRR), and Industry Risk Rating (IRR)
• Protects the assets of the bank through the proper execution and administration of operational and risk management policies and procedures
• Performs a leadership role in approving and reviewing credits that exceed subordinated Credit Officers authority as appropriate
• Exercises independent judgment by displaying and reaching conclusions on the most complex credit decisions as well as assumes accountability for quality approval decisions and the overall quality of the group/regions loan portfolio
• Reviews and endorses recommendations from Market Presidents for limits and adjustments to the Loan Officer authorities as appropriate
• Handles post approval sign off on risk ratings within assigned portfolio, above an agreed threshold, for credits approved by Lenders
• Exercises authority regarding personnel actions including staffing, performance appraisals, promotions, salary recommendations and terminations
• Resolves escalated issues and problems by conferring with senior management, staff, other internal departments, outside contacts, and Customers as necessary
• Provides technical guidance and assists staff with most complex aspects of work as necessary
• Reinforces the organizations Credit Culture and Professional Development
• Interacts with Asset Recovery Group, outside counsel and subject matter experts as appropriate

Education & Experience:

• Bachelors degree or progressive work experience in addition to experience below
• 10+ years related experience required
• Demonstrated knowledge of credit policies and procedures
• Experience in structuring and documenting credits as well as accountability for quality loan portfolios
• Proven track record of developing and managing commercial loan credit and services in a high-growth environment
• Demonstrated experience supervising/mentoring credit staff
• Proven leadership abilities, and organizational and time-management skills
• Proven analytical, verbal, writing and interpersonal skills
• Proficient in Microsoft Office products

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 rema