Associate - CIB Credit - Utilities, TD Securities

TD•New York, NY

3d•$175,000 - $200,000•Onsite

About The Position

At TD Securities, the Investment Banking Credit 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 continue to expand on your knowledge in the industry, gaining valuable experience while you develop into a senior banker. You will be exposed to a wide variety of clients, industries, financing structures and products. You will also work in a team environment, building your corporate and leveraged finance banking skills necessary to be successful in the industry. POSITION: Corporate and Investment Banking – Credit - Associate Associates are responsible for credit analysis of corporate banking transactions and work closely with the Investment Banking team and clients on newly originated transactions and refinancings, as well as with our debt capital markets, equity capital markets, syndication and risk management teams.

Requirements

Undergraduate degree in Business (Accounting or Finance) or Economics
2-3 years of related credit analysis experience covering Utilities
SIE, Series 7, 79, and 63

Responsibilities

Prepare and recommend high quality credit submissions as part of a team.
Lead due diligence and oversee the research and analysis of clients’ financial performance.
Construct or oversee building of detailed models for lower rated names.
Assist with the review of legal documentation.
Monitor assigned portfolio performance and compliance with covenants.
Interact with senior finance professionals at our clients’ businesses and other internal teams.
Continue to build on and enhance your detailed knowledge of trends in the Utilities industry.
Identify/recognize cross-sell opportunities and coordinate with other business units/product groups as appropriate.
Participate on project working groups and/or internal and external committees within a major risk category.
Compile reports on overall business trends, risks, losses, and issues on aggregated basis and recommend management action to minimize risk exposures.