Credit Analyst I (US)

TD • Melville, NY

3d • $28 - $42

About The Position

The Credit Analyst I is responsible for conducting in-depth industry and financial analysis of existing and potential borrowers. This job works cooperatively to support the Lending and Credit functions of the Bank.
Depth & Scope: Responsible for basic financial analysis of less complex loans/industries/Customers Work reviewed and monitored by lead staff Basic understanding of loan risk factors. May research industry specific information from outside sources, which may include conversation with Borrowers, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet May participate in Customer meetings and make direct inquiry for specific Customer information based on prior research, experience and knowledge (may require travel at times) Integral part of loan origination process. Responsible for performing underwriting analysis of Borrower's character, credit worthiness and financial condition Supports the lending function by providing analytical support May prepare insightful and timely approval memorandums for presentation to appropriate lending and credit authorities May analyze financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, etc. of future and existing Customers to identify trends, measure performance, assess financial strength and develop an assessment of credit risk May maintain credit files, monitor data such as updated financial statements and prepare updated analysis memos Monitors compliance with regulatory requirements May provide written analysis that identifies any deviations from the Company Commercial Loan Policy and becomes familiar with alternative structures in order to reduce credit risk Achieves operational performance standards in quality and timeliness

Requirements

• 4 year degree or equivalent experience
• 1+ years related experience preferred
• Basic knowledge of credit and financial analysis techniques
• Strong oral and written communication skills
• Strong analytical and research skills
• Developed PC skills including proficiency and capability in word processing and spreadsheet software
• Ability to meet deadlines
• Ability to maintain the confidentiality of credit and Customer information
• Good interpersonal skills and team orientation

Responsibilities

• Conducting in-depth industry and financial analysis of existing and potential borrowers
• Support the Lending and Credit functions of the Bank
• Responsible for basic financial analysis of less complex loans/industries/Customers
• Research industry specific information from outside sources
• Participate in Customer meetings and make direct inquiry for specific Customer information
• Performing underwriting analysis of Borrower's character, credit worthiness and financial condition
• Prepare insightful and timely approval memorandums for presentation to appropriate lending and credit authorities
• Analyze financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, etc. of future and existing Customers to identify trends, measure performance, assess financial strength and develop an assessment of credit risk
• Maintain credit files, monitor data such as updated financial statements and prepare updated analysis memos
• Monitor compliance with regulatory requirements
• Provide written analysis that identifies any deviations from the Company Commercial Loan Policy and becomes familiar with alternative structures in order to reduce credit risk
• Achieve operational performance standards in quality and timeliness

Benefits

• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level