Job Description

Work Location: Toronto, Ontario, Canada
Hours: 37.5
Line of Business: Credit Management
Pay Details: $81,600 - $115,200 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. 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.
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Department Overview
The Financial Restructuring Group, Commercial National Accounts (FRG CNA) within Business Banking is a center of excellence for the Bank where the primary role is assisting financially troubled clients in the CNA segment which consists of the larger commercial clients across all industry sectors. The Associate assists on the portfolio of FRG CNA clients across Canada. The position works closely with CNA, Mid-Market and Asset Based Lending product partners, and with external professionals including legal counsel, accountants/monitors, receivers and trustees. The Associate reports to the Director, FRG with guidance also afforded by the Associate Director, FRG.

The Associate, Financial Restructuring Group is an exciting entry level opportunity within FRG responsible for monitoring and control, structuring credits and addressing perceived risk. This includes completing necessary due diligence, establishing pricing and terms of credit, and also producing ongoing credit reviews and risk ratings that reflect knowledge of Bank policies and procedures.
Working closely with the Director & Associate Director, the position encompasses the following tasks:

• Mentor with a team of experts that work with clients and/or the Bank's advisors to restructure credit deals so that Borrowers may remain both viable and long-term customers of the Bank. When not possible, exit relationships and/or realize on assets in order to repay loans in the interest of protecting the Bank's shareholders.
• Develop creative solutions to minimize risk and, when possible, provide support and flexibility to the client during the restructuring period.
• Assist in all aspects of the analysis for files assigned by either the Director or Associate Director. Ensure credit risk is properly assessed by performing independent risk analysis and by applying the policies and lending guidelines of the Bank.
• Protect the Bank's assets by managing/using adequate risk monitoring systems and processes and by evaluating each Borrower's performance as it relates to the assessment and management of credit risk.
• Monitor and control the portfolio and provide feedback to the Director on any accounts that are outside assigned limits and conditions.
• Assist in the establishment of loan pricing/fees commensurate with the risk profile of the relationship.
• Ensure products and services are sold and operate in a compliant manner minimizing the regulatory compliance and operational risk to the Bank.
• Understand the market and the industries within the portfolio to ensure value-add service is provided to clients while mitigating risk to the Bank.
• Continually deliver exceptional service at every interaction and execute on plans to continuously improve the customer experience.
• Participate as a member of the FRG team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/points of interest.
• Lead, support, mentor and provide guidance to your team and within your unit.
• Actively participate in the performance management process including performance reviews, feedback and coaching sessions.
• Seek knowledge both formal and informal in line with PDP objectives.

Job Requirements

• Undergraduate degree in business or relevant professional designation, and/or a minimum of 5 years of experience as a Credit Analyst or Account Manager in corporate / commercial banking. MBA, CA, CFA would be an asset
• Alternatively, experience in corporate finance, corporate restructuring would be an asset.
• Strong credit, analytical and problem-solving skills.
• Financial modeling experience would be considered advantageous.
• Dynamic professional with strong communications and organization skills.
• Strong team player, with an ability to work in a cross functional team environment and independently.
• Ability to engage in active dialogue with internal and external stakeholders (restructuring professionals, advisors, legal counsel etc.)

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.
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

Skills Required