Associate, Leveraged Finance Private Credit

TD•New York, NY

2d•$175,000 - $225,000•Onsite

About The Position

TD Securities is a market leader in capital markets advisory and underwriting. Our Global Capital Markets business is comprised of Debt Capital Markets (DCM), Equity Capital Markets (ECM) and Leveraged Finance and Private Credit (LFPC). We advise clients on a broad range of strategic and tactical goals, including capital structure optimization, equity and debt market positioning and issuance, and investor communication strategies. Our client-first, product-agnostic, approach drives high quality transaction outcomes and long-lasting and productive relationships. LFPC products include leveraged loans, high yield bonds, acquisition and growth financing, corporate debt finance, fund finance, and private credit solutions. Capital markets is a hybrid job that intersects the transaction-oriented nature of banking and the market-facing aspects of sales and trading. These roles combine the technical, client-focused and project-based work found in banking, with the fast-paced, market-driven environment of a sales and trading desk. We sit at the heart of the organization, between Investment Banking coverage, Corporate Banking, Syndicate, Sales & Trading, and High Yield Credit Strategy/Research. The role is dynamic, with each day different than the day before depending on news flow, market conditions, and macro events. Our flat organization and highly collegial structure has analysts & associates sitting on trading-style desks adjacent senior bankers to foster learning, client interaction, and relationship building. Lean deal teams allow each member to do real work and gain meaningful client exposure from origination through execution. You will play an integral role in the deal cycle from beginning to end including ownership of pitches, origination, deal and legal documentation, sales memos, marketing, due diligence, execution, and pricing. TD Securities Global Capital Markets business provides a strong and immersive mentorship program that will deliver all the tools necessary for you to succeed as a full-time associate.

Requirements

Associates with experience in corporate credit, investment banking, or a related field.
Authorized to work in the United States.
Results-driven personalities, with proven academic excellence and strong interpersonal skills.
High ethical and professional standards.
Strong financial and analytical skills, including knowledge of MS Excel.
Ability to lay out nuanced concepts clearly in written materials using PowerPoint and Word.
Ability to work effectively in a team environment and independently.
Proactive and highly motivated personalities.
Detail-oriented minds with intellectual curiosity and strong problem-solving skills.
The ability to work independently with minimal supervision and establish own priorities.
Communication: timely updates, clear and concise messaging, asking relevant questions.
Strong attention to detail: identifying and understanding transactional nuances
Self-driven, have pride of ownership in her/his work product, and show intellectual curiosity in financial market concepts.
Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
3+ Years of related experience

Nice To Haves

Series 7, 79, SIE, and 63 licenses. Those without these qualifications will be required to obtain them
Experience in the financial services industry, including familiarity with capital markets, investment banking and corporate finance.

Responsibilities

Works within a deal team under the overall direction of a senior officer
Researches and analyzes clients' financial situations, industry and market data, and mergers and acquisition opportunities
Values private and public companies
Performs complex financial and M&A modeling
Prepares external client proposals and internal underwriting memos
Prepares client presentations based upon the above
Assists with client negotiations and documentation
Researches and analyzes clients' financial situations, industry and market data, and M&A opportunities
Provides structure, transactional and marketing support at a professional and subject matter expert level to support senior team members as required
Recommends and implements solutions, as well as providing advanced analysis or specialized work requiring specialized/advanced knowledge for own area of responsibility
Develops and maintain contacts with market participants
Provides updates regarding institutional/retail demand and remaining TD liability for equity deals
Works closely with/oversees junior colleagues to ensure accuracy
Establishes an environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank
Maintains confidentiality of client information
Keeps fully informed on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound and well informed decisions
Direct, train and develop staff to enable them to meet challenges, department objectives and achieve full potential
Demonstrate governance, control and risk management behaviors in alignment with TD policies and practices.