Associate - CIB Credit, TD Securities

TD Bank • New York, NY

12d

About The Position

At TD Securities, the Corporate and 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 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, financing structures and products. You will also work in a team environment, honing the credit and corporate banking skills necessary to be successful in the industry. POSITION: Corporate and Investment Banking Associate – Credit NBFIs Associate will cover non-bank financial institutions and have the opportunity to gain exposure to various sub-sectors, products and client groups as well as work closely with the Investment Banking origination team. Preference given for credit experience with insurance carriers.

Requirements

• Bachelor's degree in Finance or Accounting and 3-5 years of relevant credit and industry experience, 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.

Nice To Haves

• Preference given for credit experience with insurance carriers.

Responsibilities

• Assist in the preparation of detailed high quality credit submissions for clients in the Financial Institutions sector, which will detail risks and mitigants and include a review of financial performance and key metrics, as part of a team.
• Research and analyze clients’ financial situations, industry and market data;
• Construct and sensitize detailed financial models that help evaluate key credit metrics, financial covenants, and sensitivity to key variables;
• Compile data through due diligence and prepare comprehensive credit reviews that analyze transactions and client risks;
• Assist with deal negotiations and documentation; and
• Interact with clients and credit adjudicators.

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.
• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees