Work Location:
New York, New York, United States of America
Hours:40
Line of Business:Credit Management
Pay Detail:$150,000 - $175,000 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 Corporate and 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 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 learn the financing business and gain a competitive advantage of your own. You will be exposed to a wide variety of clients, financing structures and products. You will also work in a team environment, honing the credit and corporate banking skills necessary to be successful in the industry.
POSITION: Corporate and Investment Banking Associate - Credit NBFIsAssociate will cover non-bank financial institutions and have the opportunity to gain exposure to various sub-sectors, products and client groups as well as work closely with the Investment Banking origination team. Preference given for credit experience with insurance carriers.
In this capacity you will:- Assist in the preparation of detailed high quality credit submissions for clients in the Financial Institutions sector, which will detail risks and mitigants and include a review of financial performance and key metrics, as part of a team.
- Research and analyze clients' financial situations, industry and market data;
- Construct and sensitize detailed financial models that help evaluate key credit metrics, financial covenants, and sensitivity to key variables;
- Compile data through due diligence and prepare comprehensive credit reviews that analyze transactions and client risks;
- Assist with deal negotiations and documentation; and
- Interact with clients and credit adjudicators.
Qualifications: Bachelor's degree in Finance or Accounting and 3-5 years of relevant credit and industry experience, with a combination of strong financial/analytical skills and excellent verbal and written communication abilities. Successful candidates must have the capacity to become adept at financial modeling and be able to work effectively in a team.
