VP, CIB Credit Portfolio Strategy & Hedging

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

Job summary

TD Securities is seeking an experienced Portfolio Manager to oversee a corporate credit portfolio within CIB Credit. You will optimize risk-adjusted returns and coordinate with Credit Analytics, Leveraged Sales & Trading, and Asset Securitization to drive hedging and distribution strategies.

The role requires 4–8+ years in credit portfolio management, strong knowledge of credit derivatives, loan syndication, and advanced Excel/financial modeling skills, with a focus on capital efficiency and

Qualifications

• 4 - 8+ years of experience in credit portfolio management, structured finance/ SRTs, loan sales/ syndication or credit trading.
• Solid understanding of corporate credit markets, syndicated loans, credit derivatives and risk transfer mechanisms.
• Understanding of the Bank Loan market and fundamental credit research for illiquid loans to form views on relative value.
• Experience structuring and executing hedging transactions involving CDS, SRTs or similar instruments and Non-payment Insurance.
• Familiarity with regulatory capital frameworks and their impact on loan portfolios.
• Advanced Excel and financial modeling skills.
• Excellent analytical, problem-solving and interpersonal communication skills.
• Ability to work independently and collaboratively in a fast-paced, deal-driven environment.
• Understanding of bank balance sheet optimization, internal risk-adjusted performance metrics and liquidity management.

Responsibilities

• Portfolio Oversight and Optimization: Monitor and manage the risk-return profile of a portfolio of corporate credit exposures, ensuring appropriate diversification, limit utilization and regulatory capital efficiency.
• Hedging and Risk Mitigation: Design and execute hedging strategies using credit default swaps, portfolio and single name risk transfer, credit insurance and other instruments to manage credit risk exposure.
• Loan Sales and Distribution Strategy: Partner with CIB Credit and Coverage, Leveraged Sales & Trading, to identify and execute loan sales, syndications and secondary market strategies that reduce risk or free up capital.
• Compliance & Reporting Requirements: Ensure compliance with reporting and other obligations under hedging strategies and loan participations in collaboration with CIB Credit, ASG, Credit and Agency and external counsel.
• Regulatory and Capital Impact: Analyze the impact of loan sales and hedging transactions on regulatory capital, RWA, liquidity and internal return metrics.
• Reporting and Analytics: Provide regular updates on portfolio performance, hedge effectiveness, loan sale pipeline and stress test results to senior management and committees.
• Stakeholder Coordination: Liaise across risk, legal, finance and compliance teams to ensure adherence to internal policies and external regulatory frameworks.

Skills

Portfolio management

Credit risk management

Structured finance/SRTs

Hedging strategies

Loan sales/ syndication

Regulatory capital

Tools

Excel

Job description

TD Securities is seeking an experienced Portfolio Manager to oversee a corporate credit portfolio within CIB Credit. You will optimize risk-adjusted returns and coordinate with Credit Analytics, Leveraged Sales & Trading, and Asset Securitization to drive hedging and distribution strategies.

The role requires 4–8+ years in credit portfolio management, strong knowledge of credit derivatives, loan syndication, and advanced Excel/financial modeling skills, with a focus on capital efficiency and