Com’l Portfolio Loan Officer III, Workout

Commercial Banking
Locations: Statewide – Braintree, MA
Fairfield, CT Wilmington, DE Washington, DC Miami, FL Atlanta, GA Portland, ME Baltimore, MD Concord, NH Mount Laurel, NJ New York, NY Charlotte, NC Philadelphia, PA Providence, RI Greenville, SC Burlington, VT Vienna, VA
August 24, 2023



Pay Range

$83,720 – $136,240 annually

Department Overview

The Commercial Portfolio Loan Officer III administers and monitors a portfolio of large Commercial loans (CRE, C&I and Syndications), personally managing or assisting the Workout Officer in managing loan relationships within the assigned group.

Job Details

  • Administers and monitors large portfolio of large, complex commercial loans
  • Personally manages loan relationships with in the group
  • Ensures accuracy and maintenance of Customer records and files and updates information as needed. Prepares more in-depth management reports summarizing portfolio activity
  • Pays specific attention to credit administration, exception and risk management based on common metrics
  • Administers existing loans to ensure complete conformity with terms and adequacy of documentation, including preparation of criticized asset reports and review memos; coordinates with operations and processing areas to ensure loan payments are collected and recorded
  • Maintains current risk rating on Customers and makes appropriate comments in Customer credit files to ensure information remains current
  • Accompanies loan officers during sales calls to assist with account details and implementation
  • Provides technical guidance and assists staff with most complex aspects of work as necessary
  • May provide training and mentoring for new and less experienced staff
  • Coordinates with credit department and performs more in-depth financial analyses and credit investigations to make credit decisions on line extensions and other loans
  • Contributes and provides input to group loan decision processes based on evaluation of credit risk and other key factors
  • Visits Customers independently and with commercial loan officers to maintain strong business relationships
  • Is assigned own accounts and/or share account management responsibilities with commercial loan officers
  • Performs periodic inspections at Customer sites to audit accounts and ensure adherence to loan agreements and terms
  • Administers existing loans to ensure complete conformity with terms and adequacy of documentation, including preparation of criticized asset reports and review memos; coordinates with operations and processing areas to ensure loan payments are collected and recorded
  • Utilizes limited personal credit authority under the direction of the Relationship Manager, for the benefit of Customers and efficiency of the lending process

Job Requirements

  • 4 year degree or equivalent experience
  • 5+ years related experience
  • In-depth understanding of commercial credit decision process
  • Demonstrates credit, financial analysis and accounting skills
  • In-depth knowledge of commercial legal and regulatory guidelines
  • Proven Customer service and relationship management skills, including demonstrated track record of building and expanding Customer relationships
  • Demonstrates attention to detail
  • Supervisory skills
  • Demonstrated communication skills, both verbal and written
  • Proficient PC skills


Credit Analyst Training Program background preferred

Company Overview

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 over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit Find TD Bank on Facebook at and on Twitter at and

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

We offer a competitive salary and benefit program, including: comprehensive, affordable health care through medical, dental, and vision coverage; financial security with life and disability insurance; opportunities to save using health savings and flexible spending accounts; retirement benefits to help prepare for the future; paid time off and work/life benefits to maintain a good balance.


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.