Credit Management Regional Head – Commercial Real Estate

This is a fully remote position, open to applicants in New York, +1 more state.

📋 Description

• Oversee credit underwriting and administration for a diverse and intricate regional portfolio or Specialty Banking product vertical.

• Develop credit frameworks, Borrower Risk Ratings, and Facility Risk Ratings for both new and existing credit relationships.

• Lead a team comprising Market Credit Managers, Senior Portfolio Specialists, Credit Specialists, and Credit Analysts.

• Manage operational risk related to credit in the region while fostering profitable business growth.

• Engage early in deal structuring alongside the Regional Director or Team Lead and Credit Risk Management.

• Champion and promote transactions throughout the approval process.

• Ensure compliance with risk policies, operational risk procedures, and underwriting standards.

• Guarantee prompt and consistent underwriting and closure of new and existing credit relationships.

• Oversee annual reviews, renewals, and compliance evaluations for loan covenants.

• Direct the structuring of commercial loans, pricing models, RAROC, Maestro, and loan reporting systems.

• Balance the needs of business development, loan pricing, and credit risk management.

• Create innovative and competitive solutions tailored to complex customer requirements.

• Monitor changes in macroeconomic conditions, industry trends, and the business environment, establishing action plans as necessary.

• Elevate regional credit concerns to the Regional Director or Team Lead and Credit Risk Management.

• Ensure that staff adhere to TD Bank Group Risk Appetite Principles and relevant regulatory and compliance guidelines.

• Approve loans and annual reviews within the bounds of delegated authority and provide recommendations for other applications.

• Cultivate relationships with business partners throughout the Division and TD Bank, NA.

• Mentor credit management personnel on providing compliant, value-added credit solutions.

• Ensure timely responses to inquiries from regulatory bodies, Audit, and Credit Risk Review.

⛳️ Requirements

• A 4-year undergraduate degree is required; an advanced degree in a financial discipline is preferred.

• A minimum of 10 years of experience in a relevant field.

• Comprehensive understanding of the real estate sector.

• Familiarity with business development strategies and credit decision-making.

• Exceptional skills in credit underwriting and administration.

• Outstanding ability to identify and mitigate risks.

• Knowledge of value-added credit structuring within a commercial banking context.

• Excellent written and verbal communication skills along with strong business acumen.

• Strong interpersonal skills.

• Customer-oriented mindset.

• Capability to lead and manage teams effectively.

• Superior planning and organizational abilities.

• Proven problem-solving skills.

• Proficiency in technology.

• Ability to adhere to TD Bank Group Risk Appetite Principles and relevant regulatory and compliance standards, including Anti-Money Laundering, Privacy, Firewalls, and Systems and Information Security.

🏝️ Benefits

• Variable compensation/incentive awards, including eligibility for cash and/or equity incentive awards.

• Health and well-being benefits.

• Savings and retirement plans.

• Paid time off, which includes Vacation PTO, Flex PTO, and Holiday PTO.

• Banking benefits and discounts.

• Opportunities for career development.

• Recognition and rewards programs.

• Regular discussions regarding career, development, and performance with a manager.

• Access to an online learning platform.

• Mentoring opportunities.

• Comprehensive training and onboarding sessions.

• Accommodation support available during the application process.