Drimva

TD Bank

Workout Officer III (US)

$115K–$173K

Portland, Maine +2 · Office Focused · Full-time · Posted Oct 15, 2026

Location
Portland, Maine
Mount Laurel, New Jersey
Charlotte, North Carolina
Experience
5-7 years of related experience; progressive work experience in addition to experience below may substitute for a bachelor’s degree.
Education
Bachelor's degree or progressive work experience in addition to experience below

About the job

Works out assigned adversely rated loans by analyzing complex accounts, negotiating repayment agreements, and implementing restructuring or liquidation plans.

What you'll do

  • Analyze borrowers’ financial information, collateral, business plans, and budgets to develop and document workout recommendations.
  • Negotiate complex repayment terms and finalize workout agreements with borrowers and relevant professionals.
  • Implement liquidation plans, including asset seizure, foreclosure, and third-party sales when needed.

What they ask for

  • Strong credit analysis skills and ability to interpret complex financial statements.
  • Strong understanding of complex financing arrangements and workout strategies and techniques.
  • Strong negotiation and verbal and written communication skills.
  • PC skills.

Pay

$115,440 - $173,160 USD (base salary)

Model-written summary · the original posting is authoritative

First seen Oct 28, 2026 · Last verified Nov 5, 2026 (UTC)