Work Location:
Mount Laurel, New Jersey, United States of America

Hours:
40

Pay Details:
$23.25 - $32.75 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.

• Assists lender with new loan requests for both existing and new borrowers to the Bank
• Level III Commercial Loan Administrator accounts can vary, but typically capable of working independently and of handling accounts of larger size and complexity and/or larger volume of accounts, which may include large commercial loans, syndicated loans, participations, asset based loans, cash management, collections, workout, agency loans and international letters of credit
• Serves as a resource for Commercial Loan Administrator I and II
• Checks current tax and lien information, tracks financial statements and agency fees
• Verifies evidence of insurance, requests updated financial information and prepares management and agency reports
• May manage portfolio risk by highlighting maturities, overdrafts and delinquencies
• Interprets documentation required for each credit facility by reviewing loan approval documentation including credit type, time period, interest rate, collateral, guarantors and other general information
• Coordinates credit facility renewals which may involve Customer executing new loan documentation, modifying existing notes or other variations which may involve outside attorneys or internal document preparation areas as needed
• Reviews loan documentation tickler system, clear ticklers in a timely manner to ensure data accuracy
• Coordinates recording of transactions in the public record, such as sending loan information and associated fees to county clerks and vehicle collateral information to division of motor vehicles
• Inputs necessary information into loan origination system to generate loan documents. Assists with closing and then submits information for boarding. Sends completed loan documentation packages to quality control area
• Disburses loan proceeds to Customers, checking for proper forms authorizing payment
• Responsible for ongoing loan maintenance and Customer service activities
• Verifies and processes Customer advances and payments on lines of credit

• High school diploma or equivalent experience
• 3+ years related experience required
• Detailed knowledge of commercial lending products, credit policy, loan documentation and administration requirements and legal and regulatory guidelines.
• Detailed knowledge of and experience applying commercial lending policy and procedures, including lending authority, loan structures, risk ratings, loan to value ratio and other related information.
• Excellent Customer service skills, including ability to work with demanding Customers in complex lending relationships.
• Strong analytical, problem solving and organizational skills and experience.
• Flexible and adaptable to change, with ability to learn new tasks and systems quickly. Demonstrated ability to multi-task and learn quickly.
• Math skills and accuracy with numbers and transactions required.
• Demonstrates strong attention to detail, including ability to review large amounts of detailed documents for accuracy.
• Strong time management skills resulting in successful completion of multiple priorities to meet objectives.
• Excellent communications skills, both verbal and written.
• PC skills, including extensive experience with and ability to troubleshoot specialized loan administration systems and software and ability to adapt to system changes.