Job Description

Work Location: Toronto, Ontario, Canada
Hours: 37.5
Line of Business: Personal & Commercial Banking
Pay Details: $115,600 - $163,200 CAD
This role is temporarily eligible for a pay premium above the posted salary range that is reassessed annually. You are encouraged to have an open dialogue with your recruiter who can provide more specific pay details for this role.
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 (FRG) is a specialized team within Business Banking, focused on managing high-risk commercial lending relationships across Canada. FRG serves as the center of excellence for handling complex risk situations, corporate debt restructuring, and insolvency.
The Commercial National Accounts (CNA) team within FRG manages the largest high-risk clients nationally, including both bilateral and syndicated loan facilities. The team collaborates closely with originating offices to maintain client relationships and manage risk.
FRG Mandate:

• Restructure and retain quality commercial clients for TD.
• Share expertise and provide guidance to originating offices on managing high-risk situations.
• Support Business Banking profitability by maximizing loan recovery, minimizing loan losses, and pricing loans appropriately for risk.

Key Role Responsibilities:

• Manage a portfolio of financially troubled companies, providing advice and restructuring their debt to help them remain viable, long-term TD clients.
• Minimize loan losses and protect TD's brand.
• Oversee accounts with over $15 million in exposure, including complex cash flow loans and syndicated debt (where TD may be lead or participant).
• Provide "shadow" coverage for designated accounts, acting as an internal advisor while the originating team retains ownership of the relationship.
• Maintain a network of internal and external contacts, including Commercial Credit Risk Management, TD Securities, originating offices, and external professionals (lawyers, accountants, receivers, trustees).

People Management:

• Directly manage Associate Directors and/or Commercial Service Officers.
• Ensure credit submissions from Associate Directors are clear, concise, and compliant with TD policies and standards.
• Responsible for developing and supporting direct reports.

Additional Accountabilities:

• Assess and manage risk by analyzing client situations and applying TD's lending policies and guidelines.
• Develop strategies and solutions to minimize risk and support clients during restructuring.
• Serve as the primary contact for clients during the restructuring process.
• Set loan pricing and fees based on risk profile and work required.

Qualifications:

• Over 7 years of combined commercial credit and origination experience, including lending to large companies with syndicated financing.
• Experience in relationship management, either in origination or restructuring, with strong listening, understanding, and challenging skills for partners and clients.
• Excellent written and verbal communication skills, with a focus on clarity and brevity.
• Credit adjudication experience and/or professional designations (CPA, CFA, MBA, CBV) are assets.
• Bilingualism (French and English) is an asset.

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