Associate, TD Asset Based Lending

TD Bank Group; Toronto; On-site; CAD 82,000 - 115,000; Full time

Job summary

TD Asset Based Lending (TDABL) offers an exciting entry point opportunity within TD Asset Based Lending. You will be mentored by a team of experts that structure deals for clients with complex and diverse credit and deposit / cash management requirements.

You will support portfolio expiry management and timely monitoring processes, recommend credits to leadership, help grow the portfolio, and deepen client relationships by applying the Commercial Sales methodology.

Qualifications

• 2-3 years of commercial or ABL experience
• Solid credit, analytical, and problem-solving skills
• Financial modelling experience would be an asset
• Excellent communication and organizational skills
• Strong team player, with an ability to work independently
• Ability to engage in active dialogue with internal and external stakeholders (CCRM, Unit VP, clients, legal counsel, etc.)
• Ability to travel as appropriate

Responsibilities

• Supporting the team with portfolio expiry management and timely monitoring and control processes.
• Recommending credits to Associate Vice President / Director of Credit Execution.
• Supporting new business and CTP growth of the portfolio. This includes identifying business opportunities amongst existing customers as well as structuring competitive deals for prospective customers.
• Building new customer relationships and deepening existing relationships by consistently following the Commercial Sales methodology.

Skills

Credit analysis

Communication

Team player

Travel readiness

Education

Business / Finance degree

Job description

Work Location & Hours & Pay Details

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.

Department Overview

TD Asset Based Lending (TDABL) is the asset-based lending division within Commercial National Accounts (CNA) within the Commercial Bank. This dynamic, growing group provides dedicated relationship coverage to asset-based clients with annual revenues generally ranging from $30 million to $2 billion and typical credit requirements in excess of $25 million. Credit relationships are complex and are comprised of both bilateral and syndicated transactions. The group consists of senior asset-based lending and 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.

Job Description

This is an exciting entry point opportunity within TD Asset Based Lending. You will be mentored by a team of experts that structure deals for clients with complex and diverse credit and deposit / cash management requirements.

• Supporting the team with portfolio expiry management and timely monitoring and control processes. This includes credit writing, monitoring trends in financial and collateral performance, as well as reviewing field audits and appraisals.
• Recommending credits to Associate Vice President / Director of Credit Execution.
• Supporting new business and CTP growth of the portfolio. This includes identifying business opportunities amongst existing customers as well as structuring competitive deals for prospective customers.
• Building new customer relationships and deepening existing relationships by consistently following the Commercial Sales methodology.

Job Requirements

• 2-3 years of commercial or ABL experience
• Solid credit, analytical, and problem-solving skills.
• Financial modelling experience would be an asset.
• Excellent communication and organizational skills.
• Strong team player, with an ability to work independently.
• Ability to engage in active dialogue with internal and external stakeholders (CCRM, Unit VP, clients, legal counsel, etc.).
• Ability to travel as appropriate.

Additional Information

An undergraduate or graduate degree in Business, Economics, Finance, or other quantitative discipline is required.

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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. If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact. We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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.

Language Requirement (Quebec only)

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Our Values

At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Our Commitment to Diversity, Equity, and Inclusion

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported.

We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

Helping to Make an Impact in Communities – TD Ready Commitment

TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities. Learn more: Canada | US | Europe & Asia Pacific