Loan Specialist II

Loan Specialist II (US)

TD is recruiting a Loan Specialist II (US) role to manage and administer a portfolio of loans from origination through to closing in accordance with Bank policies, procedures, and regulatory requirements within commercial space.

Ramsey, New Jersey, United States.

40 hours per week.

Base salary range is $24,000 to $33,500 per year. 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.

Services bancaires personnels et commerciaux.

• Manages a loan pipeline from origination through to closing and funding in accordance with Bank policies and procedures.
• Provides documentation and Bank policy and procedure guidance to all lending areas.
• Conducts searches and performs necessary due diligence.
• Ensures all applicable loan documentation is uploaded to image repository system.
• Handles loans that are complex in nature ensuring all documentation are in compliance.
• Resolves complex issues relating to closings.
• Verifies all quality control procedures are maintained and monitored.
• Serves as a resource for Loan Specialist I.
• Ensures all loans are closed without critical, noncritical or regulatory exceptions.
• Ensures all required loan conditions (insurance, collateral, etc.) are sufficient and properly documented and in compliance with bank policy.
• May manage/confirm TD changes are consistent with system requirements.
• Evaluates best course of action taking into account bank policy, regulatory requirements, impact to the customer, and impact to the bank as well as cost factors.
• Manages/takes appropriate actions to ensure loans are ready to be funded, booked and properly set-up if necessary.
• Generates and maintains loan documentation from beginning to finish ensuring adherence with compliance with bank policy procedures regulatory requirements and lending conditions.
• Establishes relationships with applicable operation teams, relationship management team, credit offers and others as needed.
• Acts as liaison with bank counsel, compliance, asset based lending, leasing, government banking, derivatives, construction loan administration, brokers, international department, and various other parties to the loan as needed.

• 4 year degree or equivalent experience required.
• 3+ years related experience required.
• Demonstrated ability to provide excellent Customer service to internal and external Customers.
• Excellent PC skills and familiarity with standard office equipment.
• Ability to work in a fast-paced, dynamic environment.
• Detail-oriented, self-motivated and able to work independently in handling a heavy workload.
• Possesses organizational, analytical and decision-making skills.
• Effective interpersonal, verbal and written communication skills.
• Strong knowledge of loan documentation title policies, appraisals, environmental assessment, entity formation documents and bank policies and procedures.
• Paralegal experience/knowledge needed.
• Project management skills.

• 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…