National Franchise Credit Manager - Philadelphia, United States - TD Bank

TD Bank
TD Bank
Verified Company
Philadelphia, United States

3 weeks ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter
Description

Work Location:
Philadelphia, Pennsylvania


Hours:
40


Pay Details:

USD

Line of Business:
Personal & Commercial Banking


Job Description:


The National Franchise Credit Manager provides leadership and oversight of the credit underwriting and credit administration functions of the Franchise business consistent with the TD Bank Group Risk Appetite Principles, including establishing the Borrower Risk Ratings and Facility Risk Ratings for new and existing credit relationships.

This executive position will have the opportunity to build out the franchise national team along with developing the strategy for winning credit solutions of Franchise Finance businesses.

The focus will be on larger multi-unit and sponsor backed franchises across various industry segments including, but not limited to food & beverage, fitness centers, personal services and other types of businesses.

This Franchise Credit Manager directs and supervises management teams in the monitoring of loan covenants, loan delinquency, and the completion of the annual review and renewal of existing credit relationships to ensure asset quality while driving profitable business growth.

This a National role and location is open, ideally in the TD footprint: Maine to Florida.


Depth & Scope:

  • Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork, and handling any/all disciplinary actions, as required
  • Partners in creating and executing on the product and business strategy across the Commercial Franchise and Sponsor lending business
  • Helps drive execution of the business strategy across multiple functions by assisting the business segment in customer and prospect development by participating in prospect/customer calls and business development activities when appropriate
  • Oversees the overall Credit Management structure across Franchise to ensure the appropriate credit appetite, policies, procedure to drive business successes
  • Directs Credit Management in the review of compliance with loan covenants in the businesses
  • Serves as the senior leader on commercial loan structuring, pricing models for the Business Unit while serving as a liaison to audit and credit risk
  • Directs Credit Management in the timely completion of annual reviews and renewals and monitoring of loan covenants to ensure compliance with TD Bank, N.A. Loan Policy
  • Structures creative competitive solutions to meet existing and prospective customer needs consistent with the TD Bank Group Risk Appetite Principles
  • Identifies and responds to changes in the macroeconomic environment, industry issues and business environment, establishing action plans to address customer issues and priorities
  • Builds and enhances productive relationships with all business partners within the Relationship Team
  • Provides guidance and support to the Business Heads in the formulation of business strategies and specific plans and initiatives while ensuring they represent acceptable credit risks to the bank
  • Provides macrolevel direction on competitive commercial banking market and economic trends, emerging pricing and fees issues, and competitive product development matters
  • Approves new loans and annual reviews within delegated credit approval limits established by TD Bank, N.A. Loan Policy and oversees the recommendations on all others within the business unit's portfolio
  • Ensures the appropriate balance between new business development, loan pricing, and credit risk consistent with the TD Bank Group Risk Appetite Principles
  • Participates in the establishment and review of credit policies, maintenance of asset quality, product development, and identification of credit risk within the commercial loan portfolio
  • Recommends new policy or changes to existing policy as our business requirements change and credit markets evolve
  • Assists in the formulation of TD Bank, N.A.'s credit risk and operational risk management strategies

Education & Experience:

  • Bachelor's Degree; MBA Preferred or experience
  • 15+ years related experience, requires some dedicated Franchise and Sponsor lending expertise, demonstrating increasing levels of responsibility in credit underwriting and administration, risk identification and mitigation, and creation of valueadded credit structuring in a commercial banking environment
  • Exceptional business acumen; understands and utilizes economic, financial and industry data to accurately diagnose business strengths and weaknesses; identifies key business issues and develops strategies based on longterm and shortterm company objectives
  • Ability to develop and implement a sound business plan, anticipate and track market trends, and adjust accordingly
  • Ability to translate strategy into operational reality and align communication, people, culture, processes, resources and systems to ensure effective implementation and delivery of required res
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