Head of Commercial Examinations, Loan Review

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$200,000 - $280,000 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 Head of US Commercial Examinations and Loan Reviews leads the Commercial Examinations function within the Loan Review Division and is responsible for executing the Examination plan to conduct scheduled examinations throughout the plan year and includes planning, sampling, fieldwork, and reporting.

This role is responsible for providing proven, specialized, in-depth loan review expertise and credit/risk policy, process and procedure guidance to the Loan Review Examination team. This role requires well developed oral and written communication skills, the ability to influence and negotiate, manage complex and problematic processes, and make informed and well supported decisions that directly impact the credit risk profile of the bank.

The Head of Commercial Examinations provides support to the Head of Loan Review. This role is responsible for managing processes and teams that provide independent assessments of Credit Portfolio Quality, Underwriting, Monitoring, Risk Rating, and Portfolio Management practices as well as Key Issues and other aspects of credit risk management.

The span and type of activities is risk-based, covers all Commercial lending, and directly influences asset quality, administrative processes, compliance with internal policies and guidelines, as well as adherence to prudent, safe, and sound banking practices as defined by laws, regulations and other regulatory expectations.

This role manages and provides guidance to a team of Loan Review professionals, manages resources and establishes programs to ensure best practices and the continued growth of Loan Review consistent with the bank’s risk appetite, expansion plans and maintenance of a strong risk management culture. This role is a member of the leadership team that determines objectives and strategy for the Division and reports to the Head of Loan Review.

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

• Reports to and proactively advises the Head of Loan Review on a wide-variety of credit related matters Ensures effective and efficient use of the TD Bank Loan Review Policy. Acts as a final authority on all matters related to assigning risk ratings

• Regularly meets with senior TDNA executives to review credit related performance matters and opportunities. Identifies matters requiring attention and recommends remedial activities

• Oversees the processes and teams responsible for preparation of Commercial Loan Review Examination Reports and special projects

• Possesses broad background and understanding of a wide spectrum and interrelationship of bank departments and processes

• Oversees interaction with lending department credit risk officers, providing performance information, general feedback and observations while identifying areas requiring particular attention or training Oversees the supervision and training provided to Commercial Loan Review employees. Counsels and coaches staff to develop and support employees

• Collaborates with various risk management and line of business committees.  Provides knowledgeable insight, advice and counsel • Routinely modifies methods and procedures as needed, applying process expertise and knowledge of department functions to address exceptional issues and support work of others

• Coordinates Commercial Loan Review examination activities.  Approves scope and priorities as well as areas of particular focus or attention.  Reviews criteria for selection of files for review processes, noting significant underwriting trends and recommending policy changes. 

• Reviews various departmental policies and procedures for consistency and compliance with Company policy. Acts as a key liaison with regu