Associate, Financial Restructure Group

TD•Montreal, QC

1d•CA$96,900 - CA$136,800•Onsite

About The Position

The Financial Restructuring Group (FRG) within Business Banking is a center of excellence within the Business Bank where the primary role is assisting financially troubled clients. The Associate Account Manager assists in managing a portfolio of customers in the FRG segment. The position works closely with the commercial and full-service branch network and with external professionals including Legal Counsel, Accountants/Monitors, Receivers and Trustees. The Commercial Banking Associate Account Manager, Financial Restructuring Group is a trusted advisor who with sensitivity to the clients operating environment, structures innovative solutions that demonstrate an understanding of their unique financing, cash management and business support needs. The Associate Account Manager, FRG is responsible for structuring credits and addressing heightened risk scenarios. This includes completing the necessary due diligence, reviewing the security structure, restructuring the terms and conditions of credit and amending pricing to reflect the increased risk. This includes writing ongoing credit reviews and assessing risk ratings that reflect knowledge of Bank policies and procedures. This career opportunity also involves assisting clients to restructure credit deals so that they remain both viable and long-term customers of the Bank. Protecting the Bank's shareholders, where/when necessary, exiting relationships and/or realizing on assets to repay loans. Establishing loan pricing/fees commensurate with the risk profile of the relationship. Ensuring products and services operate in a compliant manner minimizing the regulatory compliance and operational risk to the Bank. Making sure credit risk is properly assessed by performing independent risk analysis and by rationalizing any exceptions to the policies and lending guidelines of the Bank. Developing creative solutions to minimize risk and when possible, providing support and flexibility to the client during the restructuring period. Protecting the Bank's assets by managing/using adequate risk monitoring systems and processes and by evaluating each account's performance as it relates to the assessment and management of credit risk. Monitoring and controlling the portfolio and providing feedback to the Manager Commercial Credit on any accounts that are outside assigned limits and conditions. Understanding the market and the industries within the portfolio to ensure value added service is provided to clients while mitigating risk to the Bank. Enhancing the TD brand by participating in network events. Embracing and promoting a positive environment that supports a diverse workplace. Actively participating in the performance management process including performance reviews, feedback and coaching sessions. Developing and maintaining effective relationships with various professional firms.

Requirements

An undergraduate or graduate degree in Business, Economics Finance or other quantitative discipline
Minimum 5 years Commercial Account Management experience or equivalent experience in consulting/advisory.
You have well developed financial business acumen analysis skills, solid relationship management skills and a proactive approach to building and fostering strong business relationships with our customers and internal partners.

Nice To Haves

MBA or CFA would be as asset.
Ideally have a minimum 5 years of experience as a Financial Analyst or Account Manager in a Business Banking environment.
Alternatively, you may have experience in another profession such as consulting that supports the needs of business and are looking for an opportunity to add value from a different perspective.

Responsibilities

Assist clients to restructure credit deals so that they remain both viable and long-term customers of the Bank.
Protect the Bank's shareholders, where/when necessary, exit relationships and/or realize on assets to repay loans.
Establish loan pricing/fees commensurate with the risk profile of the relationship.
Ensure products and services operate in a compliant manner minimizing the regulatory compliance and operational risk to the Bank.
Make sure credit risk is properly assessed by performing independent risk analysis and by rationalizing any exceptions to the policies and lending guidelines of the Bank.
Develop creative solutions to minimize risk and when possible, provide support and flexibility to the client during the restructuring period.
Protect the Bank's assets by managing/using adequate risk monitoring systems and processes and by evaluating each account's performance as it relates to the assessment and management of credit risk.
Monitor and control the portfolio and provide feedback to the Manager Commercial Credit on any accounts that are outside assigned limits and conditions.
Understand the market and the industries within the portfolio to ensure value added service is provided to clients while mitigating risk to the Bank.
Enhance the TD brand by participating in network events.
Embrace and promote a positive environment that supports a diverse workplace.
Actively participate in the performance management process including performance reviews, feedback and coaching sessions.
Develop and maintain effective relationships with various professional firms.