Job Description

TD Description

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Department Overview

TD Merchant Solutions (TDMS) provides reliable, flexible, and easy to use card payment solutions to TD Securities, Corporate, Commercial, NREG and Small Business Banking clients. A wide selection of products includes Point of Sale (POS) terminals, PC Software and E-Commerce that allow businesses to authorize and settle their credit or debit card payment transactions electronically.

This Credit Group supports the TDMS business by adjudicating new merchant applications, completing periodic annual and interim review, developing automation strategies, and maintaining policies, processes & procedures

Job Requirements

• Previous experience in lending / credit underwriting
• Expertise in commercial credit / financial statement analysis techniques.
• Strong credit underwriting/risk assessment skills
• Strong verbal, written communication and organizational skills
• Solid analytical skills and business intelligence
• Strong aptitude for problem solving and capacity for effective workflow
• Good organizational skills
• Strong interpersonal skills are required including the ability to work well independently
• Strong knowledge of Excel and Word
• Undergraduate degree in Economic, Finance or Business
• MBA degree or a Master degree would be an asset
• Additional data query skills would be an asset

Hours

37.5



Reporting to the Manager, Credit Policy & Adjudication, the role is accountable for adjudicating new applications received for the Managed Accounts portfolio and completing annual credit reviews to ensure overall credit quality of the portfolio. The position participates in customer calls with the Relationship Managers and Sales Representatives as appropriate.

Key Accountabilities:

• Ensure merchant applications are adjudicated in accordance with the assigned discretionary limits and credit policies and make recommendations to Manager on all others.
• Use sound credit judgment to assess, analyze and present well-written, logical Merchant Risk Reviews on new/renewal for larger merchant relationships identifying key merchant risks and contingent exposure.
• Renew credits in a timely manner, meeting targets with no expired credit reviews.
• Liaise with sales reps and customers on new requests requiring additional information for adjudication
• Establish and maintain strong working relationships with TDMS Relationship Management Team, the Commercial Bank and TD Securities in order to keep abreast of issues involving accounts in the portfolio.
• Ensure timely re-adjudication of increasing risk or fraud-potential merchants.
• Optimize sales opportunities by structuring competitive, creative solutions to meet customers' needs and adhere to credit policies and the Banks risk appetite.
• Develop and maintain a high level of business knowledge, including industry operating regulations, and keep current with new developments or campaigns that might affect the Managed area.
• Contribute to operational improvements to streamline procedures/processes and enhance service.
• Maintain a high degree of knowledge of KYC, Privacy, due diligence requirements and merchant risk concepts in order to explain these issues to branch and customers etc

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

Business Line

TD Commercial Banking

Job Category - Primary

Operations & Underwriting

Job Category(s)

Operations & Underwriting

Job Family

Banking Operations

Time Type

Full Time

Employment Type

Regular