Entry Level
Associate, TD Asset Based Lending
Work Location: Toronto, Ontario, Canada
Hours: 37.5
Line of Business: Credit Management
Pay Details: $81,600 - $115,200 CAD
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 Asset Based Lending (TDABL) is the asset-based lending division within Commercial National Accounts (CNA) within the Commercial Bank. This dynamic, growing group provides dedicated relationship coverage to asset-based clients with annual revenues generally ranging from $30 million to $2 billion and typical credit requirements in excess of $25 million. Credit relationships are complex and are comprised of both bilateral and syndicated transactions. The group consists of senior asset-based lending and commercial banking professionals who combine specific industry knowledge 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
This is an exciting entry point opportunity within TD Asset Based Lending. You will be mentored by a team of experts that structure deals for clients with complex and diverse credit and deposit / cash management requirements. The Associate is responsible for:
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Supporting the team with portfolio expiry management and timely monitoring and control processes. This includes credit writing, monitoring trends in financial and collateral performance, as well as reviewing field audits and appraisals.
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Recommending credits to Associate Vice President / Director of Credit Execution.
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Supporting new business and CTP growth of the portfolio. This includes identifying business opportunities amongst existing customers as well as structuring competitive deals for prospective customers.
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Building new customer relationships and deepening existing relationships by consistently following the Commercial Sales methodology.
Job Requirements
Qualifications/Skills/Experience:
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2-3 years of commercial or ABL experience
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Solid credit, analytical, and problem-solving skills.
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Financial modelling experience would be an asset.
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Excellent communication and organizational skills.
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Strong team player, with an ability to work independently.
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Ability to engage in active dialogue with internal and external stakeholders (CCRM, Unit VP, clients, legal counsel, etc.).
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Ability to travel as appropriate.
Additional Information
An undergraduate or graduate degree in Business, Economics, Finance, or other quantitative discipline is required.
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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.
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.
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 & 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
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