Overview
The Credit Portfolio Manager I role is part of TD Bank’s State & Municipal Credit Management group. It can be based in New York or Philadelphia. The incumbent will handle underwriting duties and manage a portfolio of governmental borrowers, including state and local governments, municipal utilities, housing authorities, and other special districts. The position requires producing concise credit write-ups and performing thorough financial and industry analyses to support sound lending aligned with TD’s risk appetite and strategic priorities.
Key Details
Work Location: New York, New York, United States of America
Hours: 40 per week
Line of Business: Personal & Commercial Banking
Compensation: Base salary range candidate to candidate is $100,000 to $165,000 USD
Responsibilities
- Collect financial and business information for borrower requests and conduct financial analyses needed for credit decisions.
- Contribute to the group loan decision process by evaluating credit risk and other critical factors; support the commercial banking team and propose credit solutions that add value for customers.
- Oversee specific credit activities to ensure underwriting quality, consistency, and timely delivery in line with customer expectations.
- Handle larger, more complex transactions with a focus on Middle Market clients.
- Lead or contribute to the development and rollout of commercial and credit related initiatives.
- Serve as a consultant to business lines on credit issues, processes, and procedures; act as a trusted resource for management on various topics, managing expectations and timelines.
- Partner with Lending and Credit Officers to address exceptions raised by internal or external auditors and examiners; conduct periodic on-site inspections to audit accounts and verify loan terms.
- Coordinate with Account and Relationship Managers to perform routine financial analyses and credit investigations; communicate credit decisions to Relationship and Account Managers.
- Manage workflow and policy adherence within the department; participate in cost-benefit analyses and implement improvements; maintain quantifiable service level standards tied to performance.
- Maintain strict confidentiality of credit and customer information at all times.
Qualifications & Experience
- Bachelor's degree or equivalent experience; 5+ years in related areas.
- Solid understanding of commercial business development techniques and credit decision processes.
- Proven track record in business development; strong market presence with a broad network of external referral sources for new opportunities.
- Strong credit and financial analysis capabilities; well-honed negotiation and communication skills, both verbal and written; proficient computer skills.
Travel, Physical Requirements & Working Conditions
- Domestic travel – Occasional; International travel – Never.
- Working largely in an office environment with continuous desk work; ability to concentrate for long periods.
- Able to perform multiple tasks simultaneously and operate standard office equipment on a regular basis.
- Physical readiness to perform routine activities such as reading, writing, and occasional lifting up to 25 pounds; occasional standing and walking.
- Specific movements include occasional reaching forward, occasional reaching overhead, and occasional twisting; no requirement for climbing, kneeling, crawling, or frequent lifting beyond 25 pounds.
What TD Offers
TD emphasizes a Total Rewards package that combines base pay with variable incentive opportunities, plus a comprehensive set of benefits designed to support health, wellbeing, and financial security. The compensation framework reflects contributions, experience, location, and business needs, and TD encourages open discussions about compensation with recruiters. The program also includes health and wellbeing benefits, retirement and savings programs, paid time off, banking perks, career development, and recognition initiatives.
TD At a Glance
TD is a leading global financial institution and one of the largest banks in North America by branch footprint. The organization focuses on delivering human-centric, straightforward banking experiences to millions of households and businesses around the world. With a diverse team of professionals, TD remains committed to client excellence and continuous growth through development, mentorship, and opportunity.
Total Rewards and Development
TD supports ongoing growth through regular development discussions, training programs, and access to online learning resources. Colleagues benefit from mentoring opportunities and performance conversations to help advance their careers within the organization.