Work Location:Charlotte, North Carolina, United States of America
Hours:40
Pay Details:$25.75 - $38.50 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:This role is responsible for administering and monitoring a Construction loan portfolio. The role assesses and maintains compliance with loan documentation and Construction loan Credit Standards to manage the Bank's construction risk during the construction process.
Depth & Scope:- Experienced working professional role providing specialized business services, advisory or processes/program support within their own area of specialty
- Requires experienced, conceptual and practical knowledge within their own specialty and knowledge of broader related areas
- Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in their own area
- Leads projects or workstreams within broader projects with moderate risk and may be accountable for managing ongoing activities, processes and functional programs
- Works within broad guidelines/policies and independently performs tasks from end to end
- Solves moderately complex problems by taking a new perspective on existing solutions
- Exercises judgment based on the analysis of multiple sources of information
- Conveys business context when providing guidance within field of specialty to internal or external stakeholders
- Work performed under minimal management guidance and supervision
- Identifies and leads problem resolution
Education & Experience:- Bachelor's degree (in Business or equivalent) or work experience equivalent to a bachelor's degree preferred
- 1+ years related experience required, preferably in Construction Administration or Commercial /Real Estate Lending or Credit Management
Customer Accountabilities:- Is responsible for the management and overall administration of a portfolio of commercial construction loans from the pre-closing phase through project completion
- Serves as a resource to the Line of Business, Credit Risk Officers, and Credit Management regarding TD Construction Loan Credit Standards, policies, and procedures; provides high-quality internal and external customer service and support with the ability to handle large, complex, and high-profile projects; assists with inquiries, research, and problem resolution for the Line of Business and the customer
- Works closely with the Line of Business, Borrower, and CLS team during the pre-closing process; reviews all construction documentation for conformity to TD Credit standards for construction loans; contributes to establishing a detailed project budget and balanced sources and uses; interprets complex credit policies, legal and title requirements, and regulatory guidelines to ensure loan documents meet applicable standards from preparation through execution; reviews and approves all closing disbursements
- Analyzes requests for funding against established budgets, sources, and uses, and identifies any exceptions; reviews all advance-request documentation in detail against approved controls, including AIA documents, inspection reports, lien waivers, and soft-cost invoices; makes recommendations for funding or holdbacks based on project knowledge and TD Bank construction policies
- Maintains a balance between project costs and funding sources, ensuring the Bank's risk is mitigated
- Reviews inspection reports for accuracy and completeness; follows up with external engineers and the TD Bank Engineering Department to make recommendations and resolve any issues or exceptions noted; keeps the Line of Business informed of project status and emerging issues
- Maintains internal record-keeping of loan disbursements and project progress through input to TD Bank's construction monitoring system; ensures the accuracy and maintenance of customer records and files; coordinates processing of advances and repayments for the project
- Develops an understanding of commercial products and services; ensures adherence to Company guidelines, policies, and procedures related to construction loans; maintains a general knowledge of the construction-lending industry and a detailed understanding of relevant regulations and guidelines
Shareholder Accountabilities:- Prioritizes and completes own workload to meet SLA requirements for service and productivity and/or support team manager in prioritizing and managing team workload
- Actively maintains understanding of internal and industry regulations and trends, developing and sharing knowledge of emerging issues/risks, and assesses potential impacts as it relates to operating policies, standards and procedures
- Consistently exercises discretion in managing correspondence, information and all matters of confidentiality
- Supports development and/or implementation of standards, policies, procedures, and solutions that mitigate risk and maximizes availability of service, efficiency and effectiveness
- Contributes to the development/delivery of presentations/communications to management or broader audiences
- Protects the interests of the organization - identifies and manages risks, and ensures the prompt and thorough resolution of escalated non-standard, high-risk issues
- Adheres to enterprise frameworks and methodologies that relate to operations activities for own area (e.g. Anti-Money Laundering, Business Continuity Management)
- Supports change management projects or programs that impact the business, functions or processes and ensures clear communication and documentation of new processes
- Identifies, leads and actively participates in process improvements and determines solutions that will allow business to grow
Employee/Team Accountabilities: - Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/points of interest
- Supports the team by continuously enhancing knowledge/expertise in own area and participates in knowledge transfer within the team and business unit
- Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques
- Participates in personal performance management and development activities, including cross training within own team
- Keeps others informed and up to date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities
- Contributes to the success of the team by willingly assisting others in the completion and performance of work activities; provides training, coaching and/or guidance as appropriate
- Contributes to a fair, positive and equitable environment that supports a diverse workforce
- Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally
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 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.
Learn moreAdditional 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 & OnboardingWe 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.
AccommodationTD 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
USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.
