TD Bank Hiring For CRA Investment Officer III

Website TD Bank

Job Description:

The Community Reinvestment Act Investment Officer III 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 TD Bank, N.A. CRA Investment Policy as well as 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.

Job Responsibilities:

  • Has voting authority on internal and external investment committees
  • Approves legal documentation and limited partnership agreements in conjunction with counsel to achieve favorable terms for the Company
  • Manages support staff assigning, prioritizing and monitoring work within assigned region
  • Gathers financial and general business information about prospective investments and responsible for financial analyses needed to make investment decisions
  • Participates in group credit decision process and communicates with prospects and Customers to close transactions
  • Personal lending authority typically ranges up to $750,000 but generally exercises investment authority by participating in group lending decisions
  • Participates in the development of overall department operating policies and procedures by communicating new or unique situations and solutions developed
  • Accountable for identifying portfolio risk and recommending solutions to senior management

Job Requirements:

  • In-depth knowledge of tax credit investment programs and related state and federal regulations, including CRA, IRS, Low Income
  • Housing Tax Credit (LIHTC), New Market Tax Credit (NMTC) and Historic Tax Credit (HTC) and other regulations
  • Strong understanding of commercial business development techniques and credit decisions
  • Strong knowledge of commercial real estate lending practices
  • Strong credit and financial analysis skills
  • Experience building strong business relationships both internally and externally

Qualification & Experience:

  • 4 Year Degree or equivalent experience
  • 5+ Years of related experience
  • Five years or more of investment experience needed

Job Details:

Company: TD Bank

Vacancy Type: Full Time

Job Functions: Finance ,Sales, Customer Service

Job Location: New York, NY, US

Application Deadline: N/A

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