Commercial Loan Administrator II, Workout

Line of Business:
Personal & Commercial Banking
Job Description:

The Commercial Loan Administrator II provides ongoing Customer service and documentation support as workout officer's liaison on assigned commercial accounts, providing professional and efficient service to internal Customers to ensure data accuracy, avoid losses and reduce undue risk. The Commercial Loan Administrator II analyzes transaction structure and determines pertinent information to gather from a variety of sources, coordinates preparation and review of loan documentation, ensures policy and regulatory compliance. The Commercial Loan Administrators serve as a resource for one another.

Depth & Scope

• Assists lender with new loan requests for both existing and new borrowers to the Bank
• Level II Commercial Loan Administrator accounts can vary, but typically capable of working more independently and of handling accounts of moderate size and complexity and/or moderate volume of accounts
• Serves as a resource for Commercial Loan Administrator I
• Checks current tax and lien information, tracks financial statements and agency fees
• Verifies evidence of insurance, requests updated financial information and prepares agency reports
• Assists with managing portfolio risk by highlighting maturities, overdrafts and delinquencies
• May interpret documentation required for each credit facility by reviewing loan approval documentation including credit type, time period, interest rate, collateral, guarantors and other general information
• May coordinate 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
• May review 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
• May input necessary information into loan origination system to generate loan documents. May assist with closing and then submit information for boarding
• Provides documentation and inquiry research support
• Disburses loan proceeds to Customers, checking for proper forms authorizing payment
• Verifies customer advances and payments on lines of credit

Education & Experience:

• High school diploma or equivalent experience
• 2+ years related experience required
• Strong knowledge of commercial lending products, credit policy, loan documentation and administration requirements and legal and regulatory guidelines
• Strong 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
• Analytical, problem solving and organizational skills
• Flexible and adaptable to change, with ability to learn new tasks and systems quickly. Ability to multi-task and learn quickly
• Math skills and accuracy with numbers and transactions required
• Demonstrated strong attention to detail, including ability to review large amounts of detailed documents for accuracy
• Strong communications skills, both verbal and written
• PC skills, including knowledge of loan administration systems and software and ability to adapt to system changes
• PREFERRED QUALIFICATIONS
• Excellent organizational and time management skills

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
• Climbing - Never
• Reaching overhead - Never
• Reaching forward - Occasional
• Pushing - Never
• Pulling - Never
• Twisting - Never
• Concentrating for long periods of time - Continuous
• Applying common sense to deal with problems involving standardized situations - Continuous
• Reading, writing and comprehending instructions - Continuous
• Adding, subtracting, multiplying and dividing - Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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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 - and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. 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. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.