Commercial Credit Analyst I – Middle Market - Great Entry Level Opportunity for those with a degree in Finance or Accounting

Location: New York, New York

Work Location: New York, New York, United States of America

Hours: 40

Pay Details: $27.75 - $41.50 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: Credit Management Job Description:

Department Overview:

TD's Middle Market Credit Management Group is responsible for managing credit relationships with borrowers with revenues from $250 million to $2 billion+. The key accountabilities of this role are conducting in-depth financial analysis of existing and potential borrower financial performance, including preparing sophisticated 3-statement financial projection models. The Credit Analyst, Middle Market works cooperatively to support the Lending and Credit functions of the Bank. A growth mindset, strong teamwork, writing, and quantitative skills, including familiarity with 3 statement financial projection modelling, are essential for analysts in Middle Market Credit Management.

The above details are specific to the role which is outlined in the general description below.

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

Education & Experience:

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

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.

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client exp