Commercial Loan Specialist II

Work Location:

United States of America

Hours:

40

Pay Details:

$23.25 - $36.00 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 Commercial Loan Specialist II manages and administers a portfolio of loans from origination through to closing in accordance with Bank policies, procedures, and regulatory requirements.

This is a fully remote position working Monday - Friday 8:30am to 5:00pm

Depth & Scope:

• Manages a loan pipeline from origination through to closing and funding in accordance with Bank policies and procedures
• Provides documentation and Bank policy and procedure guidance to all lending areas
• Conducts searches and performs necessary due diligence
• Ensures all applicable loan documentation is uploaded to image repository system
• Handles loans that are complex in nature ensuring all documentation are in compliance
• Resolves complex issues relating to closings
• Verifies all quality control procedures are maintained and monitored
• Serves as a resource for Loan Specialist I
• Ensures all loans are closed without critical, noncritical or regulatory exceptions
• Ensures all required loan conditions (insurance, collateral, etc.) are sufficient and properly documented and in compliance with bank policy
• May manage/confirm TD changes are consistent with system requirements
• Evaluates best course of action taking into account bank policy, regulatory requirements, impact to the customer, and impact to the bank as well as cost factors
• Manages/takes appropriate actions to ensure loans are ready to be funded, booked and properly set-up if necessary
• Generates and maintains loan documentation from beginning to finish ensuring adherence with compliance with bank policy procedures regulatory requirements and lending conditions
• Establishes relationships with applicable operation teams, relationship management team, credit offers and others as needed
• Acts as liaison with bank counsel, compliance, asset based lending, leasing, government banking, derivatives, construction loan administration, brokers, international department, and various other parties to the loan as needed

Education & Experience:

• 4 year degree or equivalent experience required
• 3+ years related experience required
• Demonstrated ability to provide excellent Customer service to internal and external Customers
• Excellent PC skills and familiarity with standard office equipment
• Ability to work in a fast-paced, dynamic environment
• Detail-oriented, self-motivated and able to work independently in handling a heavy workload
• Possesses organizational, analytical and decision-making skills
• Effective interpersonal, verbal and written communication skills
• Strong knowledge of loan documentation title policies, appraisals, environmental assessment, entity formation documents and bank policies and procedures
• Paralegal experience/knowledge needed
• Project management skills

Preferred Experience

• Commercial Loan Experience Preferred
• nCino experience Preferred

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