Credit Analyst II

Credit Analyst II (US) – TD Securities

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

Hours: 40

Pay Details: $32.00 - $47.75 USD per hour

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  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: The Credit Analyst II 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.

• Responsible for financial analysis of moderately complex loans/industries/Customers
• Works more independently but under the guidance and review of lead staff
• Good understanding of loan risk factors
• Researches 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
• Participates in Customer meetings and makes direct inquiries 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
• Prepares insightful and timely approval memorandums for presentation to appropriate lending and credit authorities
• Thoroughly analyzes 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 prepare complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary
• May maintain credit files, monitor data such as updated financial statements and prepare updated analysis memos
• Monitors compliance with regulatory requirements
• Provides 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

• 4‑year degree or equivalent experience
• 2+ years related experience required
• Developed knowledge of credit and financial analysis techniques
• Exhibits the ability to gather, consolidate, analyze and summarize data to provide well‑considered recommendations on an increasingly independent basis
• Strong oral and written communication skills
• Strong analytical and research skills
• Developed PC skills including demonstrated proficiency and capability in word processing and spreadsheet software
• Ability to multi‑task and meet deadlines
• Ability to maintain the confidentiality of credit and Customer information
• Good interpersonal skills and a team orientation

Daily duties may include domestic travel (occasional), operating standard office equipment continuously, sitting continuously, standing occasionally, walking occasionally, and other physical activities as described in the standard Table of Physical Requirements. The role requires constant concentration, application of common sense to standardized situations, reading, writing, and comprehending instructions, and performing basic math continuously.

TD is one of the world’s leading global financial institutions and is the fifth largest bank in North America by…