Sales Area Manager

Commercial Credit Underwriter II – Mount Laurel, NJ

Position:
Commercial Credit Underwriter II

Location:

Mount Laurel, New Jersey, United States
Compensation: $100,000 per year (base salary)

Hours:

40 per week
Job Type: Full‑time

Responsible for analyzing, underwriting, and making final decisions on commercial loan applications while maintaining compliance with TD Bank Credit Policy, Federal Banking Regulations, and government reporting requirements. Provides mentorship to underwriting staff and manages high‑volume loan production with strong quality controls.

• May possess loan decision authority up to position authority limits as defined in credit policy
• May possess exception and high‑risk authority
• Acts as a mentor and participates in ongoing development of the Underwriting Staff
• Conducts credit investigations and analyzes financial information pertaining to relationships with commercial credit exposure up to highest authority limits
• Underwrites loans and performs historical business financial analysis and cash flows, including communicating with the borrower’s accountant (as needed) to gain a better understanding of the company’s accounting practices
• May perform in‑depth analysis of a guarantor’s financial position through a thorough investigation of personal financial statements, understanding contingent liabilities, constructing a global cash flow analysis, thorough investigation of personal tax returns and credit reporting documentation/loan scoring output data
• May investigate available sources of credit and financial information
• Research economic and market conditions relating to the company, industry and market area
• Notes any deviations from the loan policy, procedures and guidelines and identifies/mitigates key credit risks, and decides appropriate structures to reduce credit risk
• Identifies credit applications that require credit enhancements and decides respective applications accordingly
• May render final credit decision within individual lending authority limits, based upon strengths and risks, collateral analysis, historical financials, business and personal cash flow & balance sheet analysis, ratio & trend analysis, review of credit bureau and business bureau reports/loan scoring output data, management profiles, business/product cycles, industry information, projected operating performance, application data and ability to repay the proposed debt
• When applicable, considers and discusses alternative structures and overall assessments with market, sales personnel and customers
• Sets conditions of lending and involves shared services functions as needed to expedite loan closings, meeting turnaround requirements of a high‑volume loan production environment while maintaining strong quality of work produced
• Maintains a satisfactory level of portfolio delinquencies and charge‑offs
• Ensures departmental compliance with TD Bank Credit Policy, Federal Banking Regulation and Government Reporting requirements

• 4+ years of relevant commercial lending experience
• Prior lending authority preferred
• Proven analytical and research skills
• Strong understanding of credit underwriting and industry practices
• Previous experience with business and personal financial statement analysis
• Demonstrated problem‑solving skills and the ability to blend technical knowledge and good business judgment
• Strong communication skills, both verbal and written
• Proven organizational, multi‑tasking, analytical, time‑management and decision‑making skills
• Ability to meet deadlines
• Strong interpersonal skills and a team orientation
• Ability to work with various levels of business partners
• Developed PC skills including proficiency in word processing and spreadsheet software
• Computer literacy with a variety of software programs
• Small Business Administration/Agency experience preferred

• Domestic Travel Occasional
• International Travel Never
• Performing sedentary work Continuous
• Performing multiple tasks Continuous
• Operating standard office equipment – Continuous
• Responding quickly to sounds Occasional
• Standing Occasional
• Walking Occasional
• Moving safely in confined spaces Occasional
• Lifting/Carrying (under 25 lbs.)…