Merch Srvs Sr Credit Analyst (US)

Work Location :Lewiston, Maine, United States of AmericaHours:40Line of Business:Credit ManagementPay Detail:$58,760 - $93,600 USDTD 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.Job Description:The Merchant Services Senior Credit Analyst analyzes financial statements, management profiles, business/product cycles, and cash flow ability to develop an assessment of credit risk including reviewing in-depth historical operating performance. This job develops assessment/summary by identifying key strengths and risks, reviewing historical operating performance, and recommending risk rating. It performs quality underwriting for merchant services relationship requests and may begin to analyze requests in a specific industry that are complex in structure, or of a large market nature. The Senior Credit Analyst approves merchant applications within established merchant credit policy and individual credit authority.Depth & Scope:• Accountable for larger, more complex credits and have higher approval limits• Analyzes financial statements, management profiles, business/product cycles, and cash flow ability to develop an assessment of credit risk including reviewing in-depth historical operating performance• Develops assessment/summary by identifying key strengths and risks, recommending a decision and a risk rating• Independently discusses and recommends alternative structures, overall assessments, and any outstanding requirements with merchant Sales Reps• Performs quality underwriting for merchant application requests• May begin to analyze requests in a specific industry, that are complex in structure, or of a large market nature• Approves and/or recommends accounts within established merchant credit policy and individual credit approval limit authority• Independently prepares analyses for designated merchant accounts that includes identifying any deviations from the merchant policy, recommending processing or reserve changes in order to preserve profitability, reduce credit risk and merchant exposure• Performs a financial analysis on customer-provided or bank-generated projections including the performance of "what-if" scenarios that test the reasonableness of the projections provided to the Company• Collects and maintains industry data from outside sources, including conversations with the borrower, industry publications, payment card network information, etc to assist with approach to risk assessment• Participates in and/or assists in leading internal training activities to sales and customer service employees.• Participates in special projects and performs additional duties as required e.g. AML reporting• Represents TD at civic, professional and bank-sponsored events; serves on non-profit boards and participates in professional organizations, as opportunities become availableEducation & Experience:• 4 Year Degree or equivalent• 3-5 Years of credit risk experience• Credit and Financial statement analysis experience• Highly motivated and committed to providing superior service• Strong communication skills, interpersonal skills and the ability to work independently and as part of a team are essential• Requires superior analytical skills and the ability to exercise sound judgment to make decisions• Proven accuracy, well organized and able to multi-task to meet SLAs• Expert knowledge of practices and procedures as related to Payment Card Network rules and regulationsPhysical 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 – ContinuousThe 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 AreTD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.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 more (http://hrportal.ehr.com/tdtotalrewards)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 DevelopmentIf 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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.Training & OnboardingWe will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.Interview ProcessWe’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.AccommodationIf you are an applicant 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.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.