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State & Municipal - Credit Analyst III - Southern New England

Providence, Rhode Island
Job Type
2 Sep 2022

Job Title:

State & Municipal - Credit Analyst III - Southern New England

TD Description:

About TD Bank, America's Most Convenient Bank

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit . Find TD Bank on Facebook at and on Twitter at .

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit .

Auto req ID:



United States

Job Requirements:

4 year degree or equivalent experience

3+ years related experience required

Demonstrates knowledge of credit and financial analysis techniques

Strong understanding of loan risk factors

Demonstrates ability to independently gather, consolidate, analyze and summarize data to provide well-considered recommendations for all levels of commercial credit relationships

Proven ability to identify and quantify subtle business risks and the ability to identify key drivers of risk and focus discussions accordingly

Effective time management skills

Excellent written and oral communication skills

Well developed research and analytical skills

Exhibits self-confidence at all levels of conversation with the ability to defend analytical decisions

Developed PC skills including demonstrated proficiency and capability in word processing and spreadsheet software

Demonstrated ability to maintain the confidentiality of credit and Customer information

Excellent interpersonal skills and a team orientation

Ability to coach, train and lead junior staff in credit and financial analysis techniques



Job Description:

The Credit Analyst III is responsible for conducting in-depth industry and financial analysis of existing and potential borrowers. This job works cooperatively to support the Lending and Credit functions of the Bank.

Responsible for complex loans/industries/Customers

Works independently

Strong understanding of loan risk factors

May train/mentor/coach junior analysts

Researches industry specific information from outside sources, which may include conversation with Borrowers, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet

Participates in Customer meetings and make direct inquiry for specific Customer information based on prior research, experience and knowledge (may require travel at times)

Integral part of loan origination process; Responsible for performing underwriting analysis of Borrower's character, credit worthiness and financial condition

Supports the lending function by providing analytical support

Prepares insightful and timely approval memorandums for presentation to appropriate lending and credit authorities

Thoroughly analyzes financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, etc. of future and existing Customers to identify trends, measure performance, assess financial strength and develop an assessment of credit risk

Prepares complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary

Maintains credit files, monitors data such as updated financial statements and prepares updated analysis memos

Monitors compliance with regulatory requirements

Provides written analysis that identifies any deviations from the Company Commercial Loan Policy and becomes familiar with alternative structures in order to reduce credit risk

Achieves operational performance standards in quality and timeliness

Additional Details:

Open to locations across the TD Bank Footprint (Maine to Florida)

This Credit Analyst III position is within TD's specialized State & Municipal Credit Management group and will be on the New England team supporting the Southern New England region (MA, CT, and RI). The Credit Analyst III manages credit activities for their assigned portfolio of governmental borrowers that may include cities, towns, school districts, public colleges, states, state agencies, economic development agencies, public housing authorities, public transportation, airports, and utilities. The Credit Analyst III is responsible for underwriting new loan requests and performing portfolio monitoring activities including annual reviews and testing compliance with covenants. The Credit Analyst III completes comprehensive but concise credit write-ups inclusive of sound risk assessments and in-depth industry and financial analysis. The Credit Analyst III works collaboratively with lending and risk partners to support loan growth while adhering to TD's credit policy and risk guidelines. Familiarity or experience in government underwriting is preferred but not required. The ideal candidate will have a solid credit background and enthusiasm for developing or honing-in their expertise in this niche segment, is detail-oriented, demonstrates strong research and problem-solving skills and is a self-starter with the ability to work in a fast-paced environment. This is a career path with opportunities for advancement.


At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.

If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.


Connecticut, Massachusetts, Maine, New Hampshire, New Jersey, Rhode Island, Vermont


Boston, Burlington, Cherry Hill, Glastonbury, Hartford, Manchester, Portland, Providence, Springfield, Worcester

Work Location:

370 Main Street (Worcester)

Business Line:


Job Category - Primary:

Commercial Banking

Job Category(s):

Commercial Banking

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Rhode Island

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New Hampshire

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New Jersey

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Cherry Hill

Job Family:

Commercial Lending

Time Type:

Full Time

Employment Type:


Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

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  • Job Reference: 702606628-2
  • Date Posted: 2 September 2022
  • Recruiter: TD Bank
  • Location: Providence, Rhode Island
  • Salary: On Application
  • Sector: Banking & Financial Services
  • Job Type: Permanent