Analyst - CIB Credit - Utilities, TD Securities

TD • New York, NY

2d

About The Position

At TD Securities, the Corporate and Leveraged Finance 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 systems 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, industries, financing structures and products. You will also work in a team environment, honing your corporate and leveraged finance banking skills necessary to be successful in the industry. POSITION: Investment Banking Credit – Analyst (US Utilities) Analysts in our Corporate and Leveraged Finance groups are involved with the structuring, execution and monitoring of debt transactions from inception through closing. Candidates with utility industry experience will gain direct exposure to regulated and some non-regulated electric, gas and water utilities located in the US, developing a deep understanding of cash flow models and regulatory frameworks. In this capacity you will:

Requirements

• Undergraduate degree preferably in Business (Accounting or Finance) or Mathematics/Economics 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 environment.

Nice To Haves

• Prior exposure to utilities, power, energy, infrastructure is strongly preferred.
• Other undergraduate majors will be considered if the candidate demonstrates the necessary skill set.

Responsibilities

• Spread and monitor clients’ historical financial performance of utility clients
• Gather and analyze trends in qualitative and quantitative data, including regulatory environments, rate cases, and industry dynamics
• Analyze deal structures, covenants, and financing terms
• Prepare and present diligence findings to senior bankers and credit committees
• Compile data through due diligence and prepare comprehensive reviews that analyze transactions and client credit risks
• Create detailed models to project clients’ future cash flows and debt ratios
• Assist with deal negotiations and documentation review
• Assist with ad hoc projects

Benefits

• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level