Work Location:
Toronto, Ontario, CanadaHours:
37.5Line of Business:
Credit ManagementPay Details:
$108,800 - $163,200 CADTD 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.
Job Description:
Department Overview
The Commercial National Accounts ("CNA") team operates within TD Business Banking and provides dedicated relationship coverage to the larger commercial clients across all industry sectors. This client base is primarily designated by size of credit facilities being extended and/or complex cash management needs. It also encompasses all commercial clients with syndicated credit facilities (regardless of size). The group consists of senior commercial banking professionals who combine specific industry knowledge and extensive deal structuring experience to offer a full suite of customized credit and cash management solutions to meet the complex needs of our clients.
Within CNA, the Financial Sponsors Group is a specialized team focused on covering private equity firms and providing financing to support their portfolio companies. The team works closely with the TD Securities team in the firm's overall coverage activities.
Job Details
The Director, Credit Execution leads a team of Associates & Associate Directors, providing guidance, leadership, coaching and development to ensure business results and professional / personal development objectives are achieved for the overall group. The Director, Credit Execution works closely with the Director, Origination for the overall execution of transactions and is responsible for the credit portfolio, ensuring structured deals meet risk policies, and may also actively structure more complex deals in the unit or market. Accountable for delivering a superior customer experience while driving profitable business growth, in line with business strategy. The specific role is covering CNA's Financial Sponsor Group, providing leverage financing and other capital requirements to operating companies predominantly owned by private equity investors.
Specific job functions include:
- Lead the execution and achievement of the business's customer and partner experience targets; coach and model appropriate behavior and execute plans to continuously improve customer experience.
- Work with deal team to complete initial due diligence on new opportunities including business, industry, financial and commercial due diligence.
- Contribute to growth of the unit by assisting in structuring competitive packages while maintaining a balanced view of risk and credit quality.
- Responsible for transaction execution along with the other members of the deal team
- Contribute to the development and implementation of the business plan, goal setting, growth strategies and coaching for the Unit.
- Assess, and manage, credit risk in compliance with applicable internal and external requirements (e.g. financial controls, risk policies) to increase profitability and enable business growth.
- Oversee, lead, and coach a team of associates & associate directors while growing talent, developing skills and capabilities to achieve career goals and business results.
- The team coordinates closely with TD Securities for M&A advisory, equity and other debt capital markets expertise as required.
Job Requirements
Qualifications/Skills/Experience:
- Previous experience in Commercial Banking, with preference for experience in private equity finance and/or leveraged buyouts.
- Robust organizational and team management skills with the ability to work in a demanding environment and handle multiple deadlines and changing priorities.
- Very solid credit, analytical and problem solving skills.
- Excellent communication and organizational skills.
- Strong team player, with an ability to work both in a team environment and independently.
- The ability to engage in active dialogue with internal and external stakeholders (Unit VP, clients, legal counsel etc.).
Specific Educational Requirements/Accreditations:
- An undergraduate or graduate degree in Business, Economics, Finance or other quantitative discipline. MBA or CFA would be an asset
- 10+ years of relevant experience
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 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. 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.
Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
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
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!
Language Requirement (Quebec only):
Sans Objet