Associate, Corporate Banking, CIB Credit

Posted 16 May 2024

Associate, Corporate Banking, CIB Credit at TD Securities

Investment & Corporate Banking Full-time Calgary

Experience: Mid-Level
Education Required: 3 to 5 years credit experience required
MBA graduate preferred
Salary Range: Not Specified

Close date: 14 July 2024

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Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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.

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!

Position Description

Job Description:

TD Securities is one of Canada's most active dealers in Debt and Equity products. Corporate Credit is our team of in-house credit assessment professionals. They work closely with our Investment Banking and Sales and Trading teams, as credit is an integral part of many of our institutional client initiatives. Our credit team is involved in the origination of business and responsible for the analysis, risk assessment and ongoing monitoring of these credit transactions. At TD Securities, we believe that diversity is the key to our success in the competitive global marketplaces and we embrace people with a wide range of unique experiences and abilities.

Job Description

  • Assists in the preparation of credit submissions as required for assigned Borrower accounts.
  • Conducts market, industry, and client research in support of the ongoing risk assessment process.
  • Work with Vice President & Director and other product groups including Investment Banking, Cash Management, Foreign Exchange, Derivatives, Money Market, Energy Trading and Trade Finance to ensure their credit needs are being met.
  • Prepare credit reviews in accordance with minimum policy requirements regarding Annual Reporting Dates and Interim Reporting Dates.
  • Ensure that all credit reviews include sensitivity analysis appropriate for the risk at hand
  • Monitor market and client developments, to ensure client risk ratings are accurate and reflect all relevant material information.
  • Work with Vice President & Director to ensure that loan and security documentation reflects the details of the credit authorization.
  • Coordinate with Origination in the preparation and presentation of Loan Capital Committee analysis and documentation.
  • Review documentation, identify and communicate credit risk issues, legal concepts, and solutions effectively.
  • Work closely with assigned Vice President & Director in meeting team objectives.
  • Additional tasks:
    • Prepare presentations/pitches for clients
    • Liaise with syndications for market data/info
    • Work with various departments of the Firm on mandates that incorporate multiple products

Required Skill / Experience

Job Requirements

  • Applicants should be well-organized, detail oriented and able to work under pressure and tight deadlines, establish priorities and work independently with minimal supervision
  • Superior financial and analytical skills Strong verbal and written communication and problem solving skills.
  • Proactive and highly motivated. Able to work independently and in a team environment.
  • Excellent knowledge of MS Excel
  • 3 to 5 years credit experience required
  • MBA graduate preferred
  • CFA an asset

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