Senior Credit Risk & Recovery Analyst

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

Job summary

TD Bank Group in Toronto, Ontario, is seeking a senior risk professional to assess the financial position of special loans and to develop restructuring options that minimize losses. The role emphasizes collaboration with internal and external stakeholders and requires delivering risk ratings aligned with CDIC/OSFI requirements.

The position involves decision-making on legal actions, asset recovery, and ongoing monitoring of loan performance, with opportunities for guidance to junior staff and

Qualifications

• Undergraduate degree or technical certificate and/or 5+ years relevant experience.

Responsibilities

• Assess financial position of special loans through cash flow projection, asset valuation, credit histories and other financial measures
• Prepare recommendations for credit restructuring, additional assets where the loan may be recoverable and returned to acceptable status
• Develop unique restructuring options to suit the circumstances of the account
• Authorize any legal actions necessary in recovering classified loans and monitor the resolution of such actions
• Where necessary take steps to recover assets or negotiate settlement to minimize the losses to the Bank
• Interact primarily with internal/external contacts including account managers, economists and research analysts and trade associations to acquire relevant industry knowledge
• May provide oversight/overview and coaching to less senior staff within Risk Management
• Work closely with business origination on risk aspects of new transactions under consideration and provides direction and guidance to ensure the deal structure adequately mitigates key risk concerns
• Oversee and prepare risk ratings in a timely manner to identify and evaluate the major risks and recommend appropriate internal borrower risk ratings to meet business needs and CDIC/OSFI requirements
• Actively follow business and financial performance through daily monitoring of financial and industry information
• Continuously review internal borrower risk ratings for assigned borrowers
• May provide effective challenge to the product partners to ensure all decisions are within Risk Appetite

Education

Undergraduate degree or technical certificate and/or 5+ years relevant experience

Job description

TD Bank Group in Toronto, Ontario, is seeking a senior risk professional to assess the financial position of special loans and to develop restructuring options that minimize losses. The role emphasizes collaboration with internal and external stakeholders and requires delivering risk ratings aligned with CDIC/OSFI requirements.

The position involves decision-making on legal actions, asset recovery, and ongoing monitoring of loan performance, with opportunities for guidance to junior staff and