Loan Specialist III (US)

Work Location:

Haverhill, Massachusetts, United States of America

Hours:

40

Pay Details:

$25.00 - $37.25 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:

Personal & Commercial Banking

Job Description:

Depth & Scope:

• Manages a loan pipeline from origination through to closing in accordance with Bank policies and procedures
• Provides documentation and Bank policy and procedure guidance to all lending areas
• Conducts searches and perform necessary due diligence
• Ensures all applicable loan documentation is uploaded to image repository system
• Resolves more complex issues relating to closings
• Serves as a resource and assists with training Loan Specialists
• May assist in performing supervisory tasks
• Works independently and handles loans of the most complex nature along with heavily negotiated loan transactions ensuring all documentation are in compliance
• Performs quality reviews on all complexity of loans to ensure data integrity
• Performs documentation (standard and non-standard) review on all complexity of loans to reduce risk of loss and ensure policy and regulatory compliance
• Verifies all quality control procedures are maintained and monitored
• 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
• Manages/confirms 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 booked and properly set-up if necessary
• Generate loan and maintains loan documentation from beginning to finish ensuring adherence with compliance with bank policy procedures regulatory requirements and lending conditions
• Establishes and manages relationships with applicable operations 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
• 5+ years related experience required
• Knowledge of specialized lending areas such as Small Business Administration lending, construction or syndicated loans
• Proven ability to provide excellent Customer service to internal and external Customers
• Excellent interpersonal, oral and written communication skills
• Excellent PC skills with 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 strong organizational, analytical and decision-making skills
• Demonstrated knowledge of loan documentation, title policies, appraisals, environmental assessments, entity formation documents and bank policies and procedures
• Paralegal experience/knowledge needed. Paralegal certificate preferred

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
• Climbi