Managing Senior Credit Officer, Credit Risk

432872BRJob Title:Managing Senior Credit Officer, Credit RiskCompany Overview:Our ValuesAt TD, we're guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and behaviors. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career, and be part of our caring and inclusive culture.Making Your Well-being a PriorityA caring and supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars — physical, financial, social and mental/emotional. In addition, we champion a safe and inclusive work environment, so colleagues feel a sense of belonging and feel supported in their personal and professional growth. Through our focus on well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomes, because when colleagues feel their best, they're more likely to do their best.Our Total Rewards PackageOur Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.How We WorkAt TD, we believe in-person connections fuel collaboration and collective creativity. Our workplace experience empowers colleagues to do great work side-by-side at TD locations, while offering flexibility to work remotely where it makes sense for the work and team. Our teams work in one of three workplace models: hybrid, onsite and primarily remote. Wherever our colleagues are working, they’ll always have access to the TD community to experience our culture of care.Who We AreTD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues. TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.Auto req ID:432872BRDepartment Overview:Managing Senior Credit Officer ("MSCO"): The MSCO is an executive role that resides in the Credit Risk organization and will oversee and manage commercial credit activities ensuring consistency with policy and commercial credit requirements. Oversees reviews of existing portfolio credits, manages and recommends credit policies and procedures and monitors the organization's credit risk exposure and provides guidance in portfolio review and strategy.Country:United StatesJob Requirements:Education & Experience:

Bachelors degree or progressive work experience in addition to experience below

10+ years related experience required

Demonstrated knowledge of credit policies and procedures

Experience in structuring and documenting credits as well as accountability for quality loan portfolios

Proven track record of developing and managing commercial loan credit and services in a high-growth environment

Demonstrated experience supervising/mentoring credit staff

Proven leadership abilities, and organizational and time-management skills

Proven analytical, verbal, writing and interpersonal

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

Hours:40Job Details:Depth & Scope:

Exercises joint approval authority as delegated and in accordance with Credit Policy

Oversees Commercial Credit Activities that are advanced in complexity, multi-faceted and diverse

Provides leadership, support and guidance to the Credit Team and assists with more complex deals, including meeting with customers

Participates on several decision-making committees for commercial credit and portfolio management

Acts in an advisory and referral role to other Credit Officers, RVPs, Lenders, Portfolio Managers and Analysts in matters of compliance, regulation and policy. Uses experts as needed

Recommends changes in underwriting and policies, including industry reviews

Oversees criticized asset and portfolio review meetings

Confirms the final risk ratings including Borrower Risk Rating (BRR), Facility Risk Rating (FRR), and Industry Risk Rating (IRR)

Protects the assets of the bank through the proper execution and administration of operational and risk management policies and procedures

Performs a leadership role in approving and reviewing credits that exceed subordinated Credit Officers authority as appropriate

Exercises independent judgment by displaying and reaching conclusions on the most complex credit decisions as well as assumes accountability for quality approval decisions and the overall quality of the group/regions loan portfolio

Reviews and endorses recommendations from Market Presidents for limits and adjustments to the Loan Officer authorities as appropriate

Handles post approval sign off on risk ratings within assigned portfolio, above an agreed threshold, for credits approved by Lenders

Exercises authority regarding personnel actions including staffing, performance appraisals, promotions, salary recommendations and terminations

Resolves escalated issues and problems by conferring with senior management, staff, other internal departments, outside contacts, and Customers as necessary

Provides technical guidance and assists staff with most complex aspects of work as necessary

Reinforces the organizations Credit Culture and Professional Development

Interacts with Asset Recovery Group, outside counsel and subject matter experts as appropriate

Inclusiveness:Our Commitment to Diversity, Equity, and InclusionAt TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.AccommodationIf you are a candidate with a disability and need accommodations 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.How We're Helping Make an Impact in CommunitiesTD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of $1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.We look forward to hearing from you!State:New YorkCity:New YorkWork Location:1 Vanderbilt Avenue CorporateBusiness Line:CorporateJob Category - Primary:Risk ManagementJob Category(s):Risk ManagementState (Primary):New YorkCity (Primary):New YorkTime Type:Full TimeEmployment Type:RegularPay Range:$200,000 - $260,000 annuallyFederal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.