Field Examiner, Asset Based Lending

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: Audit

Pay Details: $65,600 - $98,400 CAD

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.

Job Description:

Overview of Role

The Junior Field Examiner works as part of a team with the Relationship Managers, Senior Credit Analysts, Senior Field Examiners, and Collateral Analysts in supporting a portfolio of customers in TD Asset Based Lending (“TDABL”). The position involves performing collateral reviews primarily for accounts receivable (A/R) and inventory of existing customers of TDABL. The Junior Field Examiner assists the Senior Field Examiner on complex surveys and field exams, playing a key role in managing collateral risk.

Shareholder Responsibilities

Grow Economic Profit of the Portfolio (10%)

• Identify potential sales opportunities when dealing with customers and bring to the attention of the Relationship Manager.
• Efficient completion of prospect surveys to aid in the timely completion of credit submissions by Underwriters.
• Clearly identify collateral/audit issues as they arise on prospects and current customers; thus protecting the Bank from potential losses.

Manage Credit and Operational Risk (55%)

• Completion of field exam reports on a timely basis, highlighting any collateral issues, ensuring consistency, and submitting to the Audit and Operations Manager within 2 business days of completion.
• Ensure understanding of deal structure and key areas to focus on through discussions with relevant parties.
• Initial CSI set-up at survey date for usability in reports.
• Liaise with relevant managers on field exam findings and treatment of material collateral issues or unusual reporting items.
• Follow and make effective use of all escalation protocols.
• Comply with Bank and Industry Codes of Conduct.

Customer Responsibilities

Customer Relationship Development (15%)

• Recommend/structure effective collateral borrowing bases that meet customer needs while protecting the Bank’s position.
• Develop positive working relationships with customers to ensure a smooth and efficient field exam/survey process.

Team Responsibilities

Leadership and People Development (20%)

• Be an effective team player, take responsibility for own development, provide guidance to less experienced staff, and embrace diversity.

Who We Are

TD is a leading global financial institution and the fifth largest bank in North America. Committed to enhancing customer experiences and supporting growth and development for colleagues.

Our Total Rewards Package

Includes base salary, variable compensation, health and well-being benefits, savings and retirement programs, paid time off, and career development opportunities.

Additional Information

TD offers training and onboarding for new hires, regular development conversations, and opportunities for career advancement.

Language Requirement (Quebec only): Sans Objet