TD · 1 day ago
National Commercial Underwriting Manager I (US)
Boston, Massachusetts
Full-time
Onsite
Senior Level, Lead/Staff
$115K/yr - $186K/yr
10+ years expTD Bank is one of the world's leading global financial institutions, and they are seeking a National Commercial Underwriting Manager I to lead the Portfolio Management department of the Healthcare Practice Solutions Group. This role involves managing a team of underwriters, overseeing credit underwriting and administration functions, and ensuring compliance with credit policies and risk management practices.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
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
Manages a commercial underwriting team that adjudicates credits with a variety of complexities
Leads a team of Commercial Credit Underwriters
Guides the team to properly structuring new and existing credit exposure within the bank's risk appetite
Ensures adherence to Risk Policies, implements operational risk processes, policies, and practices and drives satisfactory regulatory audits, loan review, internal audits, and compliance audits
Possesses loan decision authority up to position authority limits as defined in credit policy
Expected to attain and exercise exception and high-risk loan authority
Takes part in decision appeal discussion with sales management and/or credit risk management
Acts as a leader and participates in the on-going development of your Underwriting team
Considers and discusses alternative structures such as SBA and other agencies and overall assessments with market, sales personnel
Contributes to discussions of policy and standards adjustments with senior management team
Drives team to meet turnaround requirements in a loan production environment, while maintaining strong quality of work produced
Maintains a satisfactory level of portfolio delinquencies and charge-offs
Ensures departmental compliance with TD Bank Credit Policy and Credit Standards, Federal Banking Regulation and Government Reporting requirements. Contribute to organizational strategic initiatives such as process improvement, system enhancements, process workflow
Builds and maintains productive relationships with all business partners within the Commercial Bank and encourages team to do the same
Coaches the Credit Managers and Underwriters in developing value-added credit solutions for our customers that are consistent with the TD Bank Group Risk Appetite Principles
Drive employee satisfaction and morale
Qualification
Required
Undergraduate degree preferred
10+ years of relevant commercial lending relationship management, underwriting, and/or adjudication experience
Prior lending authority >/= $1 million preferred
Small Business Administration/Agency, Healthcare Practice Solutions, or other specialty lending experience preferred
Prior people management experience preferred
Proven leadership abilities
Ability to lead in a highly professional, systems-based environment
Proven analytical and research skills
Demonstrated problem solving skills and the ability to blend technical knowledge and good business judgment
Proven organizational, multi-tasking, analytical, time management and decision-making skills
Demonstrated understanding of value-add credit structuring in a commercial banking environment
Ability to meet deadlines
Strong communication skills, both verbal and written
Strong interpersonal skills and a team orientation
Ability to work with various levels of business partners
Computer literacy with a variety of software programs
Demonstrated credit underwriting and administration skills
Proven ability to identify and mitigate risk
Excellent communication skills with understanding of business acumen
Excellent interpersonal skills
Customer focused
Excellent planning and organizational skills
Proven ability to problem solve
Preferred
Undergraduate degree preferred
Prior lending authority >/= $1 million preferred
Small Business Administration/Agency, Healthcare Practice Solutions, or other specialty lending experience preferred
Prior people management experience preferred
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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