CCG Team Leader

Work Location:

New York, New York

Hours:

40

Pay Details:

$141,960. - $230,800. USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Personal & Commercial Banking

Job Description:

The CCG Team Leader supervises and leads regional CCG staff, assigning, prioritizing and monitoring work. Invests Company funds in low income housing, historic and new market tax credit opportunities and other tax advantaged vehicles as well as venture capital funds and small business investment companies to an established annual budget in compliance with the investment guidelines and requirements of the Community Reinvestment Act (CRA), Internal Revenue Service (IRS) and Office of the Comptroller of the Currency (OCC) guidelines. This job develops and maintains business relationships with low income tax credit syndicators, non-profit agencies, developers, government agencies and other professionals as well as commercial lenders and others to generate tax credit opportunities.

Depth & Scope:

• Communicates investment credit decisions to customers

• Negotiates specific terms and conditions for complex investments within parameters defined by CRA Investment Policy

• Finalizes legal documents with attorneys and prospects and closes investment transactions

• Ensures accuracy and maintenance of customer records and files and updates information as needed

• Meets with all clients and syndicators on a regular basis to determine client needs and stay up to date on industry changes

• Develops and maintains knowledge of tax credit investment industry practices as well as applicable CRA, IRS and other federal, state and local regulations and guidelines relating to tax credit investments; Shares knowledge with lending, retail, CRA staff and other internal Company personnel so necessary personnel have current information; Maintains comprehensive understanding of commercial, tax credit and other Company products and services; possesses experience and understanding to approach customers with unique business situations and financing needs; maintains sales, negotiation and closing skills

• Represents the Bank and CCGL at Company functions, business groups and civic organizations to maintain wide referral network and enhance sales performance

• Develops, assigns and monitors plans to ensure completion of CRA goals and objectives and meeting deadlines

• Develops and maintains knowledge of tax credit investment industry practices as well as applicable CRA, IRS and other federal, state and local regulations and guidelines relating to tax credit investments; Shares knowledge with lending, retail, CRA staff and other internal Company personnel so necessary personnel have current information; Maintains comprehensive understanding of commercial, tax credit and other Company products and services; possesses experience and understanding to approach customers with unique business situations and financing needs; maintains sales, negotiation and closing skills

• Prepares extensive management reports summarizing CCG and CRA activity

• Monitors status of current investment portfolio to ensure conformity with terms and conditions

• Coordinates closely with community development, tax and other related departments to update and exchange tax credit related information; Ensures achievement of CRA investment test goals with community development area and works with tax department to understand and use various state and federal tax credit investment programs

• Manages existing tax credit portfolio to track investment results, ensure conformity with terms and adequacy of documentation and identify areas of credit weakness or delinquency; Coordinates with accounting and tax areas to ensure investments are properly recorded; Ensures customers adhere to limited partnership agreements and reviews general partner requests for amendments; makes periodic audit inspections of customer sites. Maintains current investment risk ratings; Makes appropriate comments in customer credit files to ensure information remains current; Takes appropriate action to correct deficiencies, including performing collection and workout activities as needed on delinquent accounts; Divests investments as appropriate after required holding periods have expired

• Participates in development of department policies and procedures, particularly those affecting region supervised, and implements them in region; ensures adherence to policies, procedures, standards and guidelines.

• Communicates regularly with department management to give and receive information, including policy and procedure coordination and regional performance and account status updates.

Education & Experience:

• 4 year degree required; MBA preferred

• 7+ year related experience required

• In-depth understanding of CRA and tax credit industry, business development techniques and credit decisions

• Proven business development track record, with ability to conceptualize and implement effective new business strategies

• Commercial Real Estate audit/credit experience preferred

• Extensive network of outside referral sources for new business

• Excellent credit and financial analysis skills

• Refined negotiation skills

• Supervisory experience preferred

• Excellent communication skills, both verbal and written

• Membership in at least one professional and one civic organization encouraged during employment

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel - Occasional

• International Travel - Never

• Performing sedentary work - Continuous

• Performing multiple tasks - Continuous

• Operating standard office equipment - Continuous

• Responding quickly to sounds - Occasional

• Sitting - Continuous

• Standing - Occasional

• Walking - Occasional

• Moving safely in confined spaces - Occasional

• Lifting/Carrying (under 25 lbs.) - Occasional

• Lifting/Carrying (over 25 lbs.) - Never

• Squatting - Occasional

• Bending - Occasional

• Kneeling - Never

• Crawling - Never

• Climbing - Never

• Reaching overhead - Never

• Reaching forward - Occasional

• Pushing - Never

• Pulling - Never

• Twisting - Never

• Concentrating for long periods of time - Continuous

• Applying common sense to deal with problems involving standardized situations - Continuous

• Reading, writing and comprehending instructions - Continuous

• Adding, subtracting, multiplying and dividing - Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered "essential functions" for ADA purposes.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million 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 vision to Be the Better 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 believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've 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, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base 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 well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more (~~~)

Additional Information:

We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development

If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process

We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all 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 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.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.