Business Banking Associate, Auto Finance
About The Position
TD Auto Finance (TDAF), a dynamic division within TD Business Banking, offers an exciting opportunity to join a rapidly growing business that is transforming the automotive banking landscape in Canada. With Automotive Banking Centres strategically located in Toronto, Calgary, and Montreal, our team is led by regional Market Leaders and dedicated to delivering comprehensive financing and cash management solutions to clients in the automotive dealership industry. The TDAF Commercial team is comprised of three core pillars: Commercial Sales, Commercial Credit, and Commercial Operations. Together, these pillars deliver end-to-end solutions that address the unique needs of auto dealers across the country. Credit exposure within the portfolio spans real estate and acquisition financing, operating credit, floor plan financing, lease lines, and equipment financing. The Commercial Sales team manages existing relationships and is charged with business development, the Commercial Credit teams are responsible for credit analysis and monitoring, credit underwriting, and ensuring risks are promptly identified are appropriately managed. TDAF has a bold vision to become Canada’s #1 auto lender and joining the TDAF team means becoming part of a forward thinking, high performing team that is redefining the automotive banking and setting new standards of excellence in Canada's automotive industry. The Associate Program offers focused learning in the areas of financial analysis, relationship management, risk management, and auto industry specialization. The Associate, TD Auto Finance role will work directly with credit and relationship team members of TD Auto to assist with: Underwriting of credit applications for new and existing TD Auto relationships and helping to identify cross-selling opportunities Assist with on-going credit monitoring for existing clients through covenant testing, trend and inventory analysis, and assessment of any emerging risks Supporting new and existing clients through a high level of customer service by providing solutions and problem resolution Participating in client visits/meetings with members of the TD Auto relationship team This skillset learned in the Associate Program will give you the capability to work with a variety of dealership clients of TD Auto Finance as they strive to successfully meet their individual and financial goals. Training & Placement: The Associate Program offers a comprehensive training program working in a live business unit. supporting Relationship Managers throughout the country. Once training is complete, Associates graduate to become Analysts and then can move onto sales or more senior analytical roles in consultation with the management team. 8-10 month hands-on training program in the Toronto Auto Banking Centre Classroom based training sessions spanned over the program Self-serve learning map (online training, webinars, tools, resources) Completion of Commercial Lending on-line learning (Moody's program) What you will learn: Financial health and credit analysis for the automotive dealership industry including real estate, acquisition, and inventory financing, etc. How to bring the entire Bank to the client with a holistic approach to address their needs including cash management, F/X, hedging, etc. Portfolio monitoring as per the Bank's risk management policies, processes and appetite
Requirements
- Business Degree (HBBA, BComm or MBA), other undergraduate degree
- Financial statement acumen and strong analytical skills (will be assessed during the interview process) - prior financial modeling experience considered a strong asset
- Strong communications and organizational skills with the ability to multi-task and adapt to change in a dynamic fast-paced environment
- Ability to work both independently and in a team environment
- A high-energy individual who can be detail oriented and exercise initiatives with minimal direction
- Proficient in using Windows and MS Office Suite (Word, Excel, PowerPoint and Outlook)
Nice To Haves
- prior financial modeling experience considered a strong asset
Responsibilities
- Underwriting of credit applications for new and existing TD Auto relationships and helping to identify cross-selling opportunities
- Assist with on-going credit monitoring for existing clients through covenant testing, trend and inventory analysis, and assessment of any emerging risks
- Supporting new and existing clients through a high level of customer service by providing solutions and problem resolution
- Participating in client visits/meetings with members of the TD Auto relationship team
Benefits
- health and well-being benefits
- savings and retirement programs
- paid time off
- banking benefits and discounts
- career development
- reward and recognition programs
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
