Retail Credit Analyst (US)

Work Location:

United States of America

Hours:

40

Pay Details:

$25.00 - $26.25 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:

Credit Management

Job Description:

TD Auto Finance (TDAF), a division of TD Bank, offers a full range of products and services for automobile dealerships.

We are hiring for a new TDAF Retail Credit Analyst class, starting on 10/21/24, in Southfield, MI.

We offer 6 weeks of paid training. Training will be Monday - Friday 9 am to 6 pm. Position will initially be "in-office", located in Southfield, with the possibility of hybrid after 6 months, after certain milestones are met.

The shift for this position will be 10 am to 7 pm, including mandatory Saturdays. Day off will be Sunday and one day off during mid-week.

This is a great opportunity for recent college graduates or those looking to transition from the mortgage underwriting industry.

The Retail Credit Analyst analyzes consumer retail applications following and adhering to the procedures and policies set-forth by the company in a consistent and repeatable manner. The Analyst is evaluated on performance metrics to acquire business to generate profit for the organization while ensuring compliance to mitigate risk. This job provides excellent customer service while effectively communicating credit decisions to clients to support company's competitive advantage.

Depth & Scope:

• Performs in-depth analysis, investigation and decisioning on retail and lease credit applications based on the company risk policy and 4 Cs of credit and then educate and communicate decisions to appropriate dealers and business clients
• Performs detailed verification and documentation for all applications that meet the approval criteria
• Provides superior customer service while building professional rapport with clients to sustain acceptable cashing ratios and a balanced portfolio mix
• Ensures compliance to all corporate standards, processes and procedures outlined in the Credit Policy Manual and set forth by management
• Executes client level strategies as outlined by management
• Assists clients and the funding department in any contract problems and funding issues that may occur
• Engages in appropriate credit training, personnel development and coaching exercises as designated by management

Education & Experience:

• Bachelors degree or 2 yrs automotive finance experience required
• Proven ability to review and interpret credit reports preferred
• Thorough understanding of Federal and State legislation affecting the finance and insurance business preferred
• Complete knowledge of Credit Policy and applicable processes and procedures relating to risk and consumer credit operations 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 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 – a