Underwriter I

TD; Toronto; On-site; CAD 47,000 - 67,000; Full time

Job summary

TD in Toronto, Ontario, is seeking a Credit Specialist to underwrite annual credit reviews for Commercial Banking borrowers across Canada. You will validate borrower eligibility, complete risk ratings, and input data with high accuracy to support regulatory requirements.

The role requires collaboration with Account Managers, independent work, sharp problem solving, and the ability to multi-task many files. A Commerce/Business degree or equivalent credit experience is expected, with Finance and

Qualifications

• Minimum post-secondary degree in Commerce or Business Administration.
• Finance and Accounting background preferred.
• Credit experience may be considered in lieu of degree.

Responsibilities

• Validate borrowers for centralized review based on pre-identified criteria.
• Complete Borrower Risk Ratings and Facility Risk Ratings per policies.
• Input borrower data with high accuracy to comply with regulations.
• Converse with Account Managers to gather information for Annual Reviews.
• Recommend credit facility renewals and policy waivers with judgment.
• Meet Service Level Agreements and contribute to a positive work environment.

Skills

Attention to detail

Data accuracy

Multi-tasking

Clear communication

Independent work

Problem solving

Team player

Education

Commerce/Business 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. Duties include but are not limited to:

• 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

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 them remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet