CRE Relationship Associate II (MA,ME) - Military Veterans

TD Description

About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol \"TD\". To learn more, visit www.td.com.

We offer a competitive salary and benefit program, including: comprehensive, affordable health care through medical, dental, and vision coverage; financial security with life and disability insurance; opportunities to save using health savings and flexible spending accounts; retirement benefits to help prepare for the future; paid time off and work/life benefits to maintain a good balance.

Department Overview

The CRE Relationship Associate II assists in managing a portfolio and growing the profit of that portfolio by deepening existing customer relationships. This job supports a Senior Relationship Manager or Team Leader covering the customer by attending client meetings, developing pitch books, structuring content for presentations, developing new ideas to support the goal of being perceived by clients as thought leaders and trusted advisors, planning engagements, evaluating alternatives, cross-selling ancillary products, and providing market updates. This position may also assume primary responsibility to manage a small portfolio of accounts during the last 6 - 9 months of the assignment. The CRE Relationship Associate II is the primary, and in some instances, the secondary client contact for relationships managed by the Sr. Relationship Manager or Team Leader. This job consists of an 18 - 24 month program that will provide an opportunity to work within the Commercial Real Estate Origination team, with the intent of providing broad and deep exposure to the Relationship Manager role and all aspects of client interaction from developing new business to managing the full client relationship.

Job Description

Assists in the structure and execution of Commercial Real Estate Loan transactions both project level, REIT and Funds and syndicated loan transactions including term loans and construction facilities for a variety of property types and clients. Typically, analyzes and monitors larger loans or supports a growing Region or a Region with more complex relationships and transactions.
Works with Senior Relationship Manager or Team Leader in the preparation of pitch books and developing strategies to deepen existing relationships and to court new business opportunities.
Works closely with Credit Management to coordinate and facilitate and advocate on behalf of our clients and prospects in the preparation of credit submissions and other documentation related to the transaction approval process, including assistance related to loans, syndications, pipeline management and relationship strategy. Contributes and provides input to loan decision process based on evaluation of credit risk and other key factors uncovered via individual analysis and via input from Credit Management.
Coordinates with product partners to market ancillary products to clients such as interest rate hedging, short term investment products, equities, securitization, foreign exchange and Treasury Management services.
Has a thorough and up to date understanding of the TD Credit Risk Policies, CRE Underwriting Guidelines, RAROC pricing models, BRR, FRR and Maestro.
Gathers financial and general business information and explains products and services offered. Coordinates financial analyses needed to make credit decisions.
Represents Commercial Real Estate Department at business and civic functions. Gains exposure to various CRE industry groups.
Develops general overall knowledge of Commercial Real Estate Lending industry, regulations and guidelines. Including matters relating to Appraisal and Environmental matters.
Discusses and outlines prospective financing interest based on thorough understanding of TD Credit Policy, Risk tolerance, Commercial Real Estate experience, understanding of industry and individual prospect situations.
Reviews Loan Documentation in connection with Credit Management and outside legal counsel and negotiates same as appropriate to insure adequate lender protections
Gathers prospect financial and general business information as needed and does an initial review of same.
Updates Sales Force noting client calls, deal status, cross sell initiatives
Assists in the development and training of less experienced support staff.

Job Requirements

Must be eligible for employment under regulatory standards applicable to the position.

Qualifications

Bachelor's Degree in Economics, Finance, Accounting or Business preferred.
5 - 7 years of experience working in a financial institution.
3 - 5 years of direct experience managing a diversified commercial real estate portfolio of credits including direct face to face client contact and cross selling initiatives and managing matured loans and the structuring of modifications.
Experience in the testing and handling of covenants and defaults.
Experience working with outside attorneys and loan closings.
Outstanding quantitative and qualitative analytical skills
Working knowledge of finance and accounting.
Demonstrated In depth understanding of credit, valuation techniques, spreadsheet modeling and real estate asset classes.
Thorough understanding of Commercial Real Estate Loan Documentation Principals.
Highly motivated with demonstrated ability to manage conflicting priorities and requests.
Strong work ethic; ability to take initiative and function independently with minimal supervision, balanced with strong teamwork skills.
Excellent written and oral communication skills; superb interpersonal skills with ability to maintain relationships at all levels and with other partners in the organization.
Detailed-oriented; effective time management and strong organizational and planning skills.
Willingness to travel including overnight if necessary
Must maintain high standards of professional and ethical conduct.
Demonstrated In-depth understanding of commercial credit decision process.

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.

If you are a candidate with a disability and need an accommodation 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.

EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.