TD · 1 day ago
Com'l Portfolio Loan Spec (US)
United States
Full-time
Remote
Mid Level
$54K/yr - $80K/yr
3+ years expTD Bank is one of the world's leading global financial institutions, and they are seeking a Commercial Portfolio Loan Specialist. This role is responsible for administering and monitoring a Commercial Construction loan portfolio, ensuring compliance with loan documentation and managing construction risk throughout the process.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Responsible for the management and overall administration of a portfolio of commercial construction loans beginning at the pre-closing phase thru project completion
Serves as a resource to the Line of Business and Credit Risk Officers in regards to 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 the 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's, inspection reports, lien waivers and soft cost invoices; Is relied on to make recommendations for funding as well as hold backs, based on knowledge of the project 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 of information provided; Follows up with external engineer and TD Bank Engineering Department to make recommendations and resolve any issues or exceptions noted; Keeps Line of Business abreast of status of the project and any 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 understanding of commercial products and services, understands and ensures adherence to Company guidelines, policies and procedures regarding construction loans; Maintains a general overall knowledge of the construction lending industry and a detailed understanding of appropriate regulations and guidelines
Qualification
Required
Bachelor's degree (accounting/finance preferred) or work experience equivalent to a Bachelor's degree required
3+ years related experience required, preferably in Construction Administration or Commercial /Real Estate Lending or Credit Management
Excellent written and verbal communication skills
Excellent customer services skills for both internal and external customers
Ability to review and identify issues as well as make educated recommendations for resolution within scope of their authority
Aptitude for analysis, systems and mathematics
Attention to detail with the ability to prioritize in a high volume environment
PC proficient with strong Excel skills
Benefits
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
Reward and recognition
Company
The Toronto-Dominion Bank & its subsidiaries are collectively known as TD Bank Group (TD).
10001+ employees
H1B Sponsorship
TD has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (1)
2020 (6)
Funding
Current Stage
Late StageTotal Funding
$65MKey Investors
U.S. Department of the Treasury
2023-10-03Grant· $65M
Leadership Team
Brian Jacobson
Chief of Staff to the CEO, TD Bank, America's Most Convenient Bank
F
Foster Glenn
Senior Vice President Technology and Data Risk Management
Recent News
2026-01-24
2026-01-24
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