Work Location:Toronto, Ontario, Canada
Hours:37.5
Line of Business:TD Wealth
Pay Details:$69,700 - $98,400 CAD
TD Wealth, Private Wealth Management provides high-net worth & ultra-high-net worth clients with holistic discovery and planning towards customized wealth advice and solutions. As part of Private Wealth Management, Private Banking specializes in offering tailored banking and credit Management solutions to affluent HNW clients. TD's Private Bankers support clients in Premium Banking Solutions, Tailored Credit Strategies, introduction to TD specialists for home of best fit in alignment with their unique complex financial needs and plans. The Private Banking team also leverages a distinct discovery process and an integrated, team-based approach to build a wealth strategy that reflects each client's unique needs.
We are currently hiring for an Associate Private Banker. This role is part of the Developing Private Banker program which is a 12 to 24-month accelerated training opportunity for professionals who aspire to become Private Bankers. The program combines a structured fundamental training program, licensing and direct mentorship from existing market leaders, to create a path to a Private Banking portfolio. This role will be given the opportunity to work alongside experienced colleagues in a client-facing environment servicing valued High Net Worth clients and all of their banking and Wealth needs.
Accountabilities:- Assist in directing retail prospect referrals and determining the appropriate PWM destination based on initial discovery insights.
- Support the Relationship Manager in onboarding HNW & UHNW clients and provide a high touch service experience.
- Execute all onboarding procedures, banking activities/transactions, and straightforward credit solutions for high-value and sophisticated personal clients.
- Apply knowledge of Business Banking products and services to enhance and support the overall client relationship.
- Conduct proactive client follow-ups to confirm expectations are met and ensure any outstanding items are resolved promptly.
- Support the Relationship Manager to proactively identify opportunities to deepen client relationships and work collaboratively with various Private Banking, Wealth and Bank partners to offer highly complex credit solutions to HNW & UHNW clients.
- Support the analysis of credit and underwriting requests by ensuring adjudication in accordance with assigned discretionary limits and established guidelines.
- Ensure adherence to operating standards and processes - perform quality checks and validation of work.
- Protect the interests of the organization - identify and manage risks, and escalate non-standard, high risk transactions & activities as necessary.
- Ensure necessary due diligence to support the accuracy of all customer transactions & activities.
- Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
Required Skills & Education - Post-Secondary or Undergraduate degree (in related field) preferred
- 2+ years relevant experience
- Completion of the Canadian Securities Course (CSC) or Investment Funds in Canada (IFIC)
- Willingness to complete the Personal Financial Planner (PFP) or Certified F Financial Planner (CFP) designation within 36 months from start date.
- Strong knowledge of banking and credit products & services
- Understanding of Wealth products and solutions with an understanding of all credit, cash management, investments and specifically credit.
- Knowledge of or the ability to quickly learn banking and risk, operations, and related procedures.
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 & OnboardingWe 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.
We look forward to hearing from you!
Language Requirement (Quebec only):Sans Objet
