National Commercial Underwriting Manager I - Healthcare Practice Solutions

Work Location: Mount Laurel, New Jersey, United States of America Hours: 40 Pay Details: $115,440 - $186,160 USD 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 at TD. Our 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. Line of Business: Personal & Commercial Banking Job Description: Department Overview: The National Commercial Underwriting Manager I will lead an underwriting department for the Healthcare Practice Solutions Group (HPSG) within C3M. Responsibilities include people management of approximately 6 underwriters, oversight of workflow and review of approval packages, recommend and/or approve loans within NCUM I credit authority and other duties as directed by manager. Candidate should possess strong underwriting skills, proven leadership and organizational skills, ability to multi-task, meet deadlines, achieve risk and control thresholds, provide mentorship, motivation, training and coaching to direct reports and knowledge of TD's relevant policies and procedures. The above details are specific to the role which is outlined in the general description below. The National Commercial Underwriting Manager I manages the credit underwriting and credit administration functions for assigned portfolio, consistent with the TD Bank Group Risk Appetite Principles. Establishes the credit structure, Borrower Risk Ratings and Facility Risk Ratings (where applicable) for new and existing credit relationships. The job directs the Centralized Credit Management staff within its assigned teams in the monitoring of the portfolio and/or origination of new credit exposure. The job manages a team of commercial credit professionals including Commercial Credit Underwriters. Depth & Scope: Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required Manages a commercial underwriting team that adjudicates credits with a variety of complexities. Leads a team of Commercial Credit Underwriters. Guides the team to properly structuring new and existing credit exposure within the bank's risk appetite. Ensures adherence to Risk Policies, implements operational risk processes, policies, and practices and drives satisfactory regulatory audits, loan review, internal audits, and compliance audits. Possesses loan decision authority up to position authority limits as defined in credit policy Expected to attain and exercise exception and high-risk loan authority Takes part in decision appeal discussion with sales management and/or credit risk management Acts as a leader and participates in the on-going development of your Underwriting team Considers and discusses alternative structures such as SBA and other agencies and overall assessments with market, sales personnel Contributes to discussions of policy and standards adjustments with senior management team Drives team to meet turnaround requirements in a 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 and Credit Standards, Federal Banking Regulation and Government Reporting requirements. Contribute to organizational strategic initiatives such as process improvement, system enhancements, process workflow Builds and maintains productive relationships with all business partners within the Commercial Bank and encourages team to do the same Coaches the Credit Managers and Underwriters in developing value-added credit solutions for our customers that are consistent with the TD Bank Group Risk Appetite Principles Drive employee satisfaction and morale Education & Experience: Undergraduate degree preferred 10+ years of relevant commercial lending relationship management, underwriting, and/or adjudication experience Prior lending authority >/= $1 million preferred Small Business Administration/Agency, Healthcare Practice Solutions, or other specialty lending experience preferred Prior people management experience preferred Proven leadership abilities Ability to lead in a highly professional, systems-based environment Proven analytical and research skills Demonstrated problem solving skills and the ability to blend technical knowledge and good business judgment Proven organizational, multi-tasking, analytical, time management and decision-making skills. Demonstrated understanding of value-add credit structuring in a commercial banking environment Ability to meet deadlines Strong communication skills, both verbal and written Strong interpersonal skills and a team orientation Ability to work with various levels of business partners Computer literacy with a variety of software programs Demonstrated credit underwriting and administration skills Proven ability to identify and mitigate risk Demonstrated understanding of value-add credit structuring in a commercial banking environment Excellent communication skills with understanding of business acumen Excellent interpersonal skills Customer focused Excellent planning and organizational skills Proven ability to problem solve Physical Requirements: 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 – Never Crawling – Never Climbing – Never Reaching overhead – Never Reaching forward – Occasional Pushing – Never Pulling – Never Twisting – Never Concentrating for long periods of time – Continuous Applying common sense to deal with problems involving standardized situations – Continuous Reading, writing and comprehending instructions – Continuous Adding, subtracting, multiplying and dividing – Continuous The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes. Who We Are: TD 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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities. Our Total Rewards Package Our 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. Learn more Additional Information: We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home. Colleague Development If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact. We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best. Training & Onboarding We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role. Interview Process We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call. Accommodation TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at View email address on click.appcast.io. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process. US Labor & Employment Posters | California Privacy | Accessibility | FAQ Our Values At 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 guide our behavior. 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. Our Commitment to Diversity, Equity, and Inclusion At 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. Helping to Make an Impact in Communities – TD Ready Commitment TD 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 C$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. Learn more: Canada | US | Europe & Asia Pacific