Director, Credit Execution, TD Innovation Parners

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Credit Management

Pay Details:
$108,800 - $163,200 CAD

This role is temporarily eligible for a pay premium above the posted salary range that is reassessed annually. You are encouraged to have an open dialogue with your recruiter who can provide more specific pay details for this role.

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:

Department Overview

TD Innovation Partners (TDIP) is a new full-service banking unit providing bespoke, high-touch banking and financial services to address the unique challenges, opportunities and needs of companies in the innovation economy from ideation to IPO and beyond. This includes banking and lending products, principal investments and private banking solutions.

The team collaborates with the most innovative digital, technolodgy oriented and disruptive companies across Canada from the earliest stages to those that are later stage and publicly traded. This includes clean-tech, consumer internet, digital production studios, technolodgy infrastructure, consumer internet, biotech, and fintechs that are either venture or sponsored backed. The team at TDIP leverages their industry knowledge, networks, and extensive deal structuring experience to offer a full suite of customized credit and cash management solutions to meet the complex needs of our clients.

Job Description

In the role of Director, Credit Execution ("DCE"), you are principally responsible for managing the credit and operational risk for an TDIP's loan portfolio. You are a subject matter expert and have the ability to analyze and understand complex credit proposals, including multi-lender situations. You can anticipate and assess the risks associated with entering into a lending relationship under a wide range of economic scenarios and ensure solicitor-prepared loan agreements are relevant, supportive and competitive for the bank and our clients on an ongoing basis. You will assess, analyze and perform due diligence in support of all applications, approving credits within delegated limits and making recommendations on all others. You will interface with TD's risk management group on a regular basis to ensure that your understanding of the Bank's risk models and pricing platforms allows you to effectively interpret and apply policy. Recognizing that your credibility and influence with them is based on the credit proposals that are well-crafted and presented by your team, you make the development of your Associates' and Associate Directors' risk evaluation skills your primary priority. Thus, you will establish yourself as a trusted business leader who is sought after for guidance regarding matters relating to the credit facilities that are supporting the clients' business strategy. You support your Unit's efforts to meet their business development targets by recommending credit packaging alternatives and actively discuss credit solutions with internal TD partners, external professional advisors, and other lenders as appropriate. You feel comfortable in a team based business environment where you are expected to balance risk management objectives with our ongoing business building targets.

Job Requirements

Education/Accreditations:
Undergraduate/Graduate degree in business or relevant professional designation.

Other Qualifications/Skills/Experience:
Successful DCEs have the proven ability to understand the economic and industry specific circumstances that will impact the long term viability of their clients, leveraging them to structure solid credit solutions. Through their coaching expertise and experience as a mentor, they effectively impart their experience on a team of Associates and Associate Directors, developing these individuals to be better equipped to structure credit proposals and evaluate business risks. In addition to your undergraduate/graduate degree in business or relevant professional designation, you will ideally have proven your suitability for this role with at least 5 years experience in a combination of Analyst, Relationship Management and / or Manager Commercial Credit roles in a banking environment. You have well developed analytical, relationship management, credit structuring, coaching, and negotiation skills, and have a personal goal to expand them further in this role. Your passion for enhancing the customer experience guarantees that we provide credit solutions that serve the best interests of both the bank and our client.

Number of Years Experience

5+

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

Our Total Rewards Package
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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding
We 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