Associate, Corporate Credit Management - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

418217BR

Securities / Wholesale Banking

Toronto, ON

August 30, 2023

Hours

37.5

Workplace Model

Hybrid

Pay Details

Department Overview

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience.

With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industryleading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highlydiverse equity research franchise, while growing our strong, diversified investment bank.

We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

TD Securities is one of Canada's most active dealers in Debt and Equity products. Corporate Credit is our team of in-house credit assessment professionals.

They work closely with our Investment Banking and Sales and Trading teams, as credit is an integral part of many of our institutional client initiatives.

Our credit team is involved in the origination of business and responsible for the analysis, risk assessment and ongoing monitoring of these credit transactions.

At TD Securities, we believe that diversity is the key to our success in the competitive global marketplaces and we embrace people with a wide range of unique experiences and abilities.

Job Details

Assists in the preparation of credit submissions as required for assigned Borrower accounts.
Assists in overseeing and monitoring the performance of Borrowers to ensure compliance with all terms and conditions of the credit authorization, and to ensure that the risk ratings for the assigned Borrowers are accurate.
Conducts market, industry, and client research in support of the ongoing risk assessment process.
Work with Vice President / Vice President & Director and other product groups including Investment Banking, Cash Management, Foreign Exchange, Derivatives, Money Market, Energy Trading and Trade Finance to ensure their credit needs are being met.
Prepare credit reviews in accordance with minimum policy requirements regarding Annual Reporting Dates and Interim Reporting Dates.
Ensure that all credit reviews include sensitivity analysis appropriate for the risk at hand
Ensure that credit reviews include statement breakdowns using the MFA spreadsheet tool, and that they include an MRA analysis to support the risk rating assessment, where applicable.
Monitor market and client developments, to ensure client risk ratings are accurate and reflect all relevant material information.
Prepare and submit the Quarterly Confirmation of Internal Risk Ratings Report.
Assists in the completion of OutofOrder reports as appropriate (daily, quarterly).
Work with Vice President / Vice President & Director to ensure that loan and security documentation reflects the details of the credit authorization.
Coordinate with Origination in the preparation and presentation of Loan Capital Committee analysis and documentation.
Identify and communicate credit risk issues, concepts, and litigations/solutions effectively.
Work closely with assigned Vice President / Vice President & Director in meeting team objectives.
Additional tasks:
Prepare presentations/pitches for clients
Liaise with syndications for market data/info
Work with various departments of the Firm on mandates that incorporate multiple products

Job Requirements

Applicants should be wellorganized, detail oriented and able to work under pressure and tight deadlines, establish priorities and work independently with mínimal supervision
Superior financial and analytical skills Strong verbal and written communication and problem solving skills.
Proactive and highly motivated. Able to work independently and in a team environment.
Excellent knowledge of MS Excel
3 to 5 years credit experience required
MBA graduate preferred
CFA an asset

Additional Information

LI-Hybrid

Company Overview

Our Values

At TD we're guided by our purpose is to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior.

In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care.

No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Making Your Well-being a Priority
A caring and supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total