TD Bank

Credit Manager

TD Bank • $81K — $115K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience in credit risk management or commercial banking
  • Post-secondary degree in Business or Finance; MBA or CFA preferred
  • Strong knowledge of credit analysis and financial modeling
  • Understanding of risk management theories and practices
  • Experience with high-net-worth client interactions
  • Familiarity with wealth products and banking systems

Responsibilities

  • Assess, structure, and underwrite new credit business while managing risk
  • Act as the primary credit contact and liaison with partners
  • Collaborate effectively within deal teams to meet client needs
  • Ensure timely credit renewals and accurate monitoring of the portfolio
  • Lead the credit structuring process, maintaining compliance and quality standards
  • Provide outstanding service at all client and partner interactions
  • Enhance team development through mentoring and personal growth

Benefits

  • Access to professional development and continuous learning opportunities
  • Opportunities for community involvement and charitable initiatives
  • Supportive team environment with shared resources
  • Potential for career advancement within the organization
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Risk Management

Pay Details:
$81,600 - $115,200 CAD

Job Description:

Department Overview:

The Credit Solutions Group is focused on helping to create and implement complex structured financial solutions providing superior risk adjusted after-tax rewards for Ultra High Net Worth and High Net Worth individuals, families, and business leaders. The department brings value through custom loan structures that help private Banking clients build net worth, protect what matters, implement tax-efficient strategies and leave a legacy.

Job Description:

The target market includes UHNW and HNW individuals and their families, successful business entrepreneurs and professionals.

The group has direct accountability and responsibility to assist Private Banking Market Managers and Private Bankers across the country in credit structures.
  • The Credit Manager position reports to the Senior Manager, Credit Solutions Group.
  • Work in a team environment and is responsible for assessing, structuring and underwriting new business, as well as managing the credit risk and the annual renewal process of an assigned portfolio while delivering a legendary client and partner experience.
  • Act as the primary credit contact and liaison with partners to respond and facilitate credit within the assigned market region.
  • Collaborate in a deal team environment with the Regional Director, National Director, Lead Relationship Manager and other client relationship team members / advisors as needed.
  • Responsible for credit productivity and quality of their portfolio, ensuring credit renewals are completed in a timely manner and within expiry thresholds, and that all monitoring and control is completed accurately and on time.
  • The position is supported by shared access to a Client Services Officer.


FINANCIAL
  • Maximize profitability based on volume growth, loan fees, pricing which includes the principles of Business Banking's RAROC Model, through high quality client interactions on an existing book of business.
  • Focus on achieving and supporting the group's targets.
  • Contribute to developing solutions for new and existing clients based on in-depth understanding of client needs.
  • Partner with, educate and coach, Market Managers, Private Bankers and other Lead Relationship Managers in fulfilling all business opportunities and objectives.


BUSINESS OPERATIONS
  • Actively manages the credit structuring process, and is responsible for fulfilling the underwriting, funding and compliance review of credits.
  • Credit applications for presentation to Wealth Credit & Market Risk Management (WCMR) include formal assessment of each deal, detailed supporting analysis, appropriate financial modeling and due diligence performed.
  • Responsible for managing an assigned portfolio within established standard guidelines, ensuring the quality and accuracy of all client and partner inquiries and interactions by the team.
  • Adherence to both professional practices and standards and TD Bank Group processes & controls.
  • Responsible for staying current and informed about all updated operational and credit risk guidelines.
  • Be knowledgeable of and comply with Bank and industry codes of conduct and with securities laws and regulations.
  • Understand and apply bank/branch operating policies and procedures.
  • Act as liaison with outside counsel and advisors.


CLIENT
  • Lead and model exceptional service at every partner and client interaction.
  • Ensure partner and client requests are handled professionally and in a timely and efficient manner, bringing in senior management and other business partners when necessary.
  • Contribute to the ongoing improvement of the partner and client experience.


EMPLOYEE
  • Contribute to the success of the business through proactive personal development activities (for self and development / mentoring of team - Manager, Credit Solutions and Client Service Associate) and achieve knowledge, competency and accreditation requirements for the position by utilizing learning maps (internal Bank courses) and any external courses as required.
  • Act as a reference point in areas of expertise.
  • Contribute to a positive working environment.
  • Active and constructive participation in regular meetings, coaching sessions and team-building activities.


COMMUNITY
  • Promote TD's image within the community through participation and leadership in charitable initiatives.


Job Requirements:

The successful candidate must be able to work independently and in a team environment and must have sound knowledge of commercial and personal credit, Credit Risk Management procedures and principles, Wealth products and solutions, with comprehensive knowledge of bank administrative systems. In addition, the ideal candidate should have working knowledge and experience involving the following areas:
  • Credit Analysis
  • Financial Modeling
  • Intermediate accounting and finance.
  • Risk management theory and practices.
  • Investment and treasury products
  • Operational process expertise
  • Security documentation.
  • Retail banking knowledge
  • Having worked in risk or business banking is considered an asset.


Accreditation Requirements:

Post-Secondary degree, (Business Degree/MBA, CFA, Accounting Designation considered an asset)

Language Requirement (Quebec only):
Sans Objet

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

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