Vice President - CIB Credit - Utilities, TD Securities

TD; New York (NY); On-site; USD 200,000 - 225,000; Full time

Job summary

TD Securities is seeking a Vice President in Corporate and Investment Banking - Credit for our New York team. This role sits in Credit Management and focuses on high quality credit submissions, due diligence, financial modeling, and risk oversight for utilities clients.

Qualifications include a business degree and 3–5 years of credit analysis, plus SIE and FINRA licenses. The position is based in New York, NY with standard full-time hours and a competitive USD compensation package.

Qualifications

• Undergraduate degree in Business (Accounting or Finance) or Economics.
• 3-5 years of related credit analysis experience covering Utilities.
• SIE, Series 7, 79, and 63.

Responsibilities

• Prepare and recommend high quality credit submissions.
• Lead due diligence and oversee the research and analysis of clients' financial performance.
• Construct or oversee building of detailed models for lower rated names.
• Review legal documentation.
• Monitor assigned portfolio performance and compliance with covenants.
• Interact with senior finance professionals at our clients' businesses and other internal teams.
• Continue to build on and enhance your detailed knowledge of trends in the Utilities industry.
• Identify/recognize cross-sell opportunities and coordinate with other business units/product groups as appropriate.
• Participate on project working groups and/or internal and external committees within a major risk category.
• Compile reports on overall business trends, risks, losses, and issues on aggregated basis and recommend management action to minimize risk exposures.
• Interact with clients and risk management.

Skills

Credit analysis

Due diligence

Financial modeling

Education

Undergraduate degree in Business (Accounting or Finance) or Economics

Job description

Position: Corporate and Investment Banking - Credit - Vice President

Work Location: New York, New York, United States of America

Hours: 40

Line Of Business: Credit Management

Pay Detail: $200,000 - $225,000 USD

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

At TD Securities, the Investment Banking Credit function is an integral part of the full suite of services we offer under Investment Banking. Our Investment Banking professionals provide corporate and institutional clients with capital markets and banking advice and transaction executions worldwide.

TD Securities offers its U.S. based employees the advantage of working in a highly focused operation, while being part of a major global investment dealer. Confidence in our U.S. operations systems stems from the recognition of our in-depth industry knowledge and from our outstanding credit, structuring, research and distribution capabilities.

At TD Securities you will continue to expand on your knowledge in the industry, gaining valuable experience while you develop into a senior banker. You will be exposed to a wide variety of clients, industries, financing structures and products. You will also work in a team environment, building your corporate and leveraged finance banking skills necessary to be successful in the industry.

In This Capacity You Will

• Prepare and recommend high quality credit submissions. This could be within a team, sometimes as the lead credit professional, or operating as an individual contributor.
• Lead due diligence and oversee the research and analysis of clients' financial performance.
• Construct or oversee building of detailed models for lower rated names.
• Review legal documentation.
• Monitor assigned portfolio performance and compliance with covenants.
• Interact with senior finance professionals at our clients' businesses and other internal teams.
• Continue to build on and enhance your detailed knowledge of trends in the Utilities industry.
• Identify/recognize cross-sell opportunities and coordinate with other business units/product groups as appropriate.
• Participate on project working groups and/or internal and external committees within a major risk category.
• Compile reports on overall business trends, risks, losses, and issues on aggregated basis and recommend management action to minimize risk exposures.
• Interact with clients and risk management.

Job Requirements

• Undergraduate degree in Business (Accounting or Finance) or Economics
• 3-5 years of related credit analysis experience covering Utilities
• SIE, Series 7, 79, and 63

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government