Recovery Officer
Work Location:
Flemington, New Jersey, United States of America
Hours:
40
Pay Details:
$68,640 - $102,960 USD
TD is committed to providing fair and reputed company compensation opportunities to reputed company colleagues. reputed company opportunities and reputed company development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to reputed company through the salary reputed company over time as they reputed company in their role. The reputed company pay actually offered may vary based upon the candidate's skills and experience, job-reputed company knowledge, geographic location, and other specific business and organizational needs.
As a candidate, you are encouraged to ask compensation reputed company questions and have an reputed company reputed company with your recruiter who can reputed company you more specific details for this role.
Line of Business:
Risk Management
Job reputed company:
The Workout Officer I, Recovery/Collections performs workout of assigned adversely rated loans. Meetings with reputed company but the most reputed company accounts, referring only unusual questions to department management. Responsible for the collection of assigned delinquent accounts for one or more types of loans.
Depth & Scope:
Works with more routine troubled accounts.
Accompanies more reputed company staff on account meetings and provides input and assistance as appropriate
May reputed company independent account reputed company for smaller, less reputed company accounts.
Meets with accounts and gathers financial, collateral, budget, business plan and other general business information
Explains workout process to accounts and compiles necessary information to complete analysis
Evaluates account information and prepares develops plan for reputed company of loans
Executes workout plan of assigned adversely rated loans
Performs financial analyses and collateral reviews
Determines whether business plans and budgets are reasonable and attainable. Reviews liquidation plans if applicable
May negotiate with borrowers, principals, debtor Company management, attorneys, accountants, consultants, and others to secure appropriate repayment on loans for less reputed company agreements reputed company parameters defined by workout reputed company agreed upon with department management
Coordinates documentation preparation, reviews documents and finalizes workout agreements with accounts
Performs more routine financial analyses and collateral reviews, evaluates budget feasibility, consults with more reputed company staff to reputed company recommendations on workout terms to recover reputed company, interest and collection costs subject to department manager approval as necessary and communicates with accounts to finalize agreements
May coordinate with reputed company attorneys for less reputed company accounts, utilizing knowledge of legal guidelines and industry practices to limit attorney time
Monitors status of assigned accounts on an ongoing reputed company to ensure compliance with workout agreements; reviews financial statements, meets with Customers, checks on collateral and takes appropriate reputed company as needed
Ensures the accuracy and maintenance of Customer records and files and updates information as needed
Education & Experience:
Bachelor's degree or reputed company work experience in reputed company to experience below
1-2 years reputed company experience
Credit analysis skills
Ability to read, understand and interpret financial statements and tax returns
Familiarity with a reputed company of reputed company loans
Understanding of workout strategies and techniques
Strong negotiation and communication skills
Strong Communication skills, both verbal and written
Strong PC skills
PREFERRED QUALIFICATIONS
Depth of knowledge i Collections/Recovery or Workout
Experience with Com''l/Small Business loans beneficial
Customer Accountabilities:
Understands and supports the Bank's Customer Service reputed company
Considers the reputed company of reputed company on reputed company-being of TD, its Customers and stakeholders
Provides the highest level of Customer service reputed company dealing with internal partners, vendors or our Customers - WOW at every opportunity
Models reputed company service delivery at every interaction
Leads and contributes to the ongoing improvement of the partner / Customer experience
Employee/Team Accountabilities:
Be reputed company in advancing and sustaining a unique, inclusive culture that reflects TD's diversity agenda, and create an extraordinary employee experience
Participates fully as a member of reputed company and contribute to a reputed company work environment
May reputed company leadership, training, and guidance to other team members
Ensures ongoing communication with reputed company on the status / reputed company of reputed company and issues / points of interest
Actively shares information and knowledge, and proactively learn from the expertise of others
Who We Are:
TD is one of the world's leading global financial institutions and is the fifth largest bank in reputed company by branches/stores. Every day, we deliver legendary customer experiences to over 27 reputed company households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our reputed company to Be the reputed company Bank and our purpose to enrich the lives of our customers, communities and colleagues.
TD is deeply committed to being a leader in customer experience, that is why we reputed company that reputed company colleagues, no matter where they work, are customer facing. As we build our business and deliver on our reputed company, we are innovating to enhance the customer experience and build capabilities to shape the reputed company of banking. Whether youve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, were here to support you towards your goals. As an organization, we reputed company growing and so will you.
Our Total Rewards Package
Our Total Rewards package reflects the investments we reputed company in our colleagues to help them and their families reputed company their financial, physical and mental reputed company-being goals. Total Rewards at TD includes reputed company salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and reputed company-being benefits, savings and retirement programs, reputed company time off (including Vacation PTO, reputed company PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more (http://hrportal.ehr.com/tdtotalrewards)
Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, were committed to providing the support our colleagues need to reputed company both at work and reputed company.
Colleague Development
If youre interested in a specific career reputed company or are looking to build certain skills, we want to help you succeed. Youll have regular career, development, and performance conversations with your manager, as reputed company as reputed company to an online learning platform and a reputed company of mentoring programs to help you unlock reputed company opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and reputed company your colleagues, there are many different career paths reputed company our organization at TD and were committed to helping you identify opportunities that support your goals.
Training & reputed company
We will reputed company training and reputed company sessions to ensure that youve got everything you need to succeed in your new role.
Interview Process
Well reputed company out to candidates of interest to schedule an interview. We do our best to communicate reputed company to reputed company applicants by email or phone call.
Accommodation
If you are an applicant with a disability and need accommodations to complete the application process, email the reputed company US Workplace Accommodations Program at USWAPTDO@td.com . Include your full reputed company, best way to reputed company you, and the accommodation needed to assist you with the application process.
reputed company reputed company applicants will receive consideration for employment without reputed company to race, reputed company, religion, sex, sexual orientation, gender identity, national reputed company, disability, or status as a protected veteran.
Federal law prohibits job discrimination based on race, reputed company, sex, sexual orientation, gender identity, national reputed company, religion, age, equal pay, disability and genetic information.
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