Underwriter I

The Toronto-Dominion Bank (Canada); Toronto; On-site; CAD 47,000 - 67,000; Full time

Job summary

The Commercial Credit Centre (CCC) at The Toronto-Dominion Bank provides Credit Review support for Commercial Banking partners across Canada. A Credit Specialist underwrites annual credit reviews, validates borrowers, and ensures accurate data input to comply with regulatory requirements.

The role requires strong attention to detail, ability to multi-task, and effective communication with Account Managers. Reports to the Manager, Commercial Credit Centre in a dynamic TD environment.

Qualifications

• Minimum post-secondary degree in Commerce or Business Administration or equivalent credit experience.
• Finance or accounting background preferred.
• Ability to work independently and multi-task.
• Excellent data input accuracy and attention to detail.

Responsibilities

• Validate borrowers for centralized review based on pre-identified criteria.
• Complete Borrower Risk Ratings and Facility Risk Ratings in line with policies.
• Input borrower data with 100% accuracy to meet regulatory requirements.
• Converse with Account Managers to gather information for Annual Review.
• Apply judgement on credit facility renewals and amendments.
• Meet Service Level Agreements and contribute to a positive team environment.

Skills

Attention to detail

Data accuracy

Multi-tasking

Internal communication

Independence

Problem solving

Team player

Education

Commerce or Business Administration degree

Finance/Accounting background

Job description

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Credit Management Pay Details: 47,200 - 66,600 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

The Commercial Credit Centre (CCC) provides Credit Review support for Commercial Banking partners across Canada. The CCC is a centralized team of credit adjudicators and underwriters, supporting Commercial Banking Centres in the completion of annual credit reviews for targeted borrowers. The CCC's mission is to support our Commercial Partners by delivering value faster through a modernized experience, and with the right expertise. Our goal is to empower confident employees focused on delivering excellence to our colleague and customer experiences.

A Credit Specialist is responsible for underwriting annual credit reviews of targeted Commercial Banking borrowers.

• Validating borrowers for centralized review based on pre-identified criteria
• Completion of Borrower Risk Ratings and Facility Risk Ratings in adherence with Business Banking policies and procedures
• Input of all other borrower data, achieving 100% accuracy, to comply with regulatory requirements
• Converse with Account Managers to obtain information necessary to complete the Annual Review
• Apply judgement when recommending credit facility renewals, deal structure amendments and policy waivers for commercial borrowers
• Meet Service Level Agreements
• Contribute to a positive, fun and inclusive work environment

This position reports into the Manager, Commercial Credit Centre

Keen attention to detail and high degree of data input accuracy Ability to multi-task many files at a given time Experience in communicating with internal partners in a clear and concise manner Work independently with minimal supervision Problem solving and critical thinking ability, often regarding a company's financial statements Team player Minimum post-secondary degree in Commerce or Business Administration or equivalent credit experience. Finance and Accounting background preferred.

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

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.

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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

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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.

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