Credit Analyst II

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

Job summary

TD Auto Finance in Toronto, Ontario seeks a Commercial Credit Analyst to provide dedicated credit management support to a Relationship Manager. You will analyze credits, prepare packages, and help manage a diverse portfolio within the auto dealership sector.

You will collaborate across risk, adjudication, and sales teams, monitor credit risk, and contribute to process improvements. Relevant experience and strong communication are essential to thrive in our fast-paced banking environment.

Qualifications

• Undergraduate degree
• Prior experience in credit analysis in commercial banking strongly preferred.
• Sound credit, analytical and problem-solving skills.
• Financial modeling experience would be an asset.
• Strong team player, able to work in both team and independent settings.
• Engage in active dialogue with internal and external stakeholders.
• Strong communications and organizational skills with multi-tasking ability.
• A high-energy leader who is detail oriented and proactive.

Responsibilities

• Support Relationship Manager in booking new business by preparing competitive credit packages.
• Deliver exceptional customer service at every interaction and improve the customer experience.
• Lead all aspects of analysis for an assigned portfolio.
• Assess credit risk in compliance with policies to increase profitability and growth.
• Recommend credit applications to AVP Credit and/or Senior Manager.
• Liaise with deal team members to ensure timely transaction execution.
• Provide ongoing monitoring and control processes for the portfolio.
• Participate as a team member and promote a positive work environment.
• Provide thought leadership and knowledge transfer within the team.
• Keep current on emerging trends and understand related tools and techniques.
• Contribute to, and lead, ad-hoc initiatives as assigned.

Skills

Credit analysis

Analytical skills

Problem solving

Communication skills

Team player

Stakeholder engagement

Education

Undergraduate degree

Tools

Financial modeling

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.

Job Description:

Department Overview:

TD Auto Finance (TDAF) is a dynamic division within TD. This is an exciting opportunity to join a rapidly growing business with Automotive Banking Centres located in Toronto, Calgary, and Montreal. Led by regional Market Leaders, our team of commercial bankers is focused on providing bespoke financing and cash management solutions to our clients within the automotive dealership industry in Canada.

The TDAF Commercial team is focused on lending to auto dealers across the country, providing comprehensive solutions to meet their banking needs. Credit exposure across the portfolio includes real estate and acquisition financing, operating credit, floor plan financing, lease lines and equipment finance. Transactions can range significantly in size and complexity from ~$15mm for small, single location dealers to +$500mm for large dealer groups.

TDAF’s goal is to become Canada’s #1 auto lender. We are over 900 people strong including an external sales team located coast to coast, as well as teams in credit adjudication, funding, inside sales, loan administration, customer service, collections and recovery, and our federated functions of risk management, technology solutions, finance & human resources.

Job Description:

The Commercial Credit Analyst provides dedicated credit management support to a Relationship Manager. The Credit Analyst reports to a Senior Manager in the TDAF Credit Management group. Responsibilities include:

• Support the Relationship Manager in booking new business by preparing competitive credit packages within established timeframes to meet customer needs.

• Continually deliver exceptional customer service at every interaction and execute on plans to continuously improve the customer experience.

• Lead all aspects of analysis for an assigned portfolio.

• Assess credit risk in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, risk policies) to increase profitability and enable business growth.

• Recommend credit applications to the AVP Credit and/or Senior Manager, Credit Management.

• Liaise with deal team members to ensure coordinated and timely transaction execution.

• Provide ongoing monitoring and control processes for the portfolio in accordance with internal Bank policies.

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation, and collaboration and ensure timely communication of issues/ points of interest.

• Provide thought leadership and industry knowledge for own area of expertise and participate in knowledge transfer/mentorship within the team and business unit.

• Keep current on emerging trends and developments and understand the business, related tools and techniques.

• Contribute to, and lead, various ad-hoc initiatives which may be assigned from time-to-time.

Job Requirements:

• Undergraduate degree

• Prior experience in credit analysis in commercial banking is strongly preferred.

• Sound credit, analytical and problem-solving skills.

• Financial modeling experience would be an asset.

• Strong team player, with an ability to work both in a team environment and independently.

• The ability to engage in active dialogue with internal and external stakeholders (Unit VP/Credit VP/AVP, Market Leads, clients, legal counsel etc.).

• Strong communications and organizational skills with the ability to multi-task and adapt to change in a dynamic fast-paced environment.

• A high-energy leader who can be detail oriented, exercise initiatives with minimal direction.

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
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):

Sans Objet

We look forward to hearing from you!