Work Location:

Greenville, South Carolina, United States of America

Hours:

40

Pay Details:

$86,840 - $139,360 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. 

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:

Risk Management

Job Description:

The OREO Asset Manager III is responsible for managing, maintaining and selling other real estate owned (OREO) for the bank including providing direction toward the comprehensive and systematic management of OREO in a balanced manner that maximizes quality, profitability and growth within the context of the Banks overall lending strategy, culture and policies. Manages all but the most complex OREO properties independently, referring only unusual questions to department management. Develops and trains OREO Asset Analysts and serves as a resource to team.

Depth & Scope:

Performs all of the functions of an OREO Asset Manager I and II, but handles the most complex deals and has extensive knowledge of OREO methods, procedures and techniquesProvides guidance and training to less experienced staff as neededHas approval authority as assigned in OREO policyAssigned more complex OREO properties, typically commercial properties greater than $1,000MNegotiates specific terms and conditions for more complex agreements within parameters defined by policy in coordination with appropriate internal staff and outside professionals as necessaryMay coordinate with outside attorneys for more complex OREO properties, utilizing more in-depth knowledge of legal guidelines and industry practices to limit attorney timeReviews documents and finalizes OREO agreements with assistance from more experienced staff only in unusual situationsMonitors status of assigned OREO inventory on an ongoing basis to ensure compliance with policyPrepares extensive management reports summarizing OREO activityExplains OREO process for properties; answers questions based on more in-depth knowledge of industry and Company practices and proceduresCompiles necessary information to complete analysisPerforms in-depth appraisal reviewsEvaluates property information and prepares marketing and liquidation plan for the propertyMaintains knowledge of industry practices and current trends and developments; maintains higher level of evaluation, analysis and negotiation skills; maintains general overall knowledge of Real Estate industryManages assigned properties, working on all but the most complex accounts independently, referring only unusual questions to department management according to established policies and proceduresNegotiates with prospective buyers of OREO propertiesReviews documents and finalizes the sale of OREO propertiesDevelops knowledge of OREO methods, procedures and techniquesResolves escalated issues and problems by conferring with staff, other internal departments, outside contacts and others as necessaryProvides training and mentoring for new and less experienced staffParticipates in the development of unit operating policies and procedures by communicating new or unique situations and solutions developedCoordinates with other departments and performs more in-depth analyses on the liquidation of OREO propertiesContributes and provides input to the decision processes of liquidating OREO propertiesProvides support to the Workout on the foreclosure and possession of Real EstateDevelops marketing and liquidation plans on OREO properties to maximize the returns to the BankUtilizes extensive industry contracts to determine interest in available assetsMay attend auctions of seized property to make minimum bids on assets to protect Company's financial positionMinimizes expenses on the OREO properties by soliciting bids from various vendors for repairs and maintenanceUtilizes internal and external resources to minimize attorney costs

 
Education & Experience:

Bachelors degree or progressive work experience in addition to experience below5-7 years related experience requiredSupervisory experience preferredUnderstanding of department goals and objectivesStrong collateral analysis skillsFamiliarity with a variety of more complex Real EstateStrong understanding of a wide variety of complex and unusual Real Estate arrangementsIn-depth understanding of liquidation strategies and techniquesStrong negotiation skillsCommunication skills, both verbal and written

Customer Accountabilities:

Understands and supports the Banks Customer Service StrategyConsiders the impact of advice and decisions on the well-being of the Bank, as well as its customers, its employees and stakeholdersProvides the highest level of Customer service when dealing with internal partners, vendors or our Customers - WOW at every opportunityLeads, coaches and models quality service delivery at every interactionSupports the ongoing improvement of the partner/Customer experience

Employee/Team Accountabilities:

Sets appropriate context for the business unit/function to enable optimal performance and alignment to strategySupports the creation of goals and objectives for the business unit/function as well as communicate those goals and objectives to the teamBuilds capability support / executes plans to acquire, develops and retains the diverse teams with the skills and experience necessary to realize on current and future business strategiesRole model behaviors consistent with TD's leadership profile, customer and employee experience agendas and risk and control cultureCreates an extraordinary place to work advance and sustain a unique, inclusive culture that reflects TD's diversity agenda, and creates an extraordinary employee experienceLeads, coaches and develops a highly effective team by ensuring on-going training and performance and development management

Physical Requirements:

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

Domestic Travel – OccasionalInternational Travel – NeverPerforming sedentary work – ContinuousPerforming multiple tasks – ContinuousOperating standard office equipment - ContinuousResponding quickly to sounds – OccasionalSitting – ContinuousStanding – OccasionalWalking – OccasionalMoving safely in confined spaces – OccasionalLifting/Carrying (under 25 lbs.) – OccasionalLifting/Carrying (over 25 lbs.) – NeverSquatting – OccasionalBending – OccasionalKneeling – NeverCrawling – NeverClimbing – NeverReaching overhead – NeverReaching forward – OccasionalPushing – NeverPulling – NeverTwisting – NeverConcentrating for long periods of time – ContinuousApplying common sense to deal with problems involving standardized situations – ContinuousReading, writing and comprehending instructions – ContinuousAdding, 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

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com.  Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.