Associate, Corporate Banking - CIB Credit

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: TD Securities

Pay Details: $125,000 - $140,000 CAD. This role is eligible for a discretionary variable compensation award that considers business and individual performance.

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.

Job Description: 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.

Key Responsibilities

• Assists in the preparation of credit submissions as required for assigned Borrower accounts.
• Conducts market, industry, and client research in support of the ongoing risk assessment process.
• Works with 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.
• Prepares credit reviews in accordance with minimum policy requirements regarding Annual Reporting Dates and Interim Reporting Dates.
• Ensures that all credit reviews include sensitivity analysis appropriate for the risk at hand.
• Monitors market and client developments, to ensure client risk ratings are accurate and reflect all relevant material information.
• Works with Vice President & Director to ensure that loan and security documentation reflects the details of the credit authorization.
• Coordinates with Origination in the preparation and presentation of Loan Capital Committee analysis and documentation.
• Reviews documentation, identifies, and communicates credit risk issues, legal concepts, and solutions effectively.
• Works closely with assigned 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 well-organized, detail oriented and able to work under pressure and tight deadlines, establish priorities and work independently with minimal supervision.
• Superior financial and analytical skills and 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 of relevant credit experience preferred.
• MBA graduate preferred.
• CFA and/or CPA an asset.

Who We Are: TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients. We help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. We are growth-oriented, people-focused, and community-minded.

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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

Interview Process: We’ll reach out to candidates of interest to schedule an interview. We communicate outcomes to all applicants by email or phone call.

Accommodation: Your accessibility is important to us. Please let us know if you’d like accommodations to help us remove barriers so that you can participate throughout the interview process.