Credit Analyst, TD Automotive Finance (TDAF)

TD•Toronto, ON

10d•CA$69,700 - CA$98,400•Onsite

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. At the heart of TDAF’s success is the Commercial Operations team, which is composed of banking and automotive industry experts. This team provides critical servicing, auditing, credit monitoring, and operational support to all clients nationally, ensuring a seamless experience for dealers across Canada. 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.

Requirements

Prior commercial credit experience or wholesale floor plan finance experience in the automotive industry
Education in accounting / finance key to success in this position
Understanding of general Accounting Statements (Balance Sheet, Income Statement, Cashflow) and key financial ratios
Strong financial analysis and portfolio management skills
Strong relationship, organizational, verbal and written communication skills
Proven ability to work independently in a fast-paced environment with strong priority-setting skills.
Strong customer service orientation

Nice To Haves

Proficiency in BBHUB a definite asset

Responsibilities

Manage a portfolio of commercial clients and supports various relationship management teams nationally.
Accountable for all aspects of ongoing and daily monitoring & control to ensure proper credit risk exposure, including accuracy of loan position and sufficient availability to facilitate funding requests.
Ongoing monitoring and control activities include monthly financial statement & covenant analysis of the portfolio, daily overline / excess management, and utilization of various credit monitoring reports to ensure the risk is within credit tolerances.
Ensure timely receipt of financial statement and diligent analysis including identification of emerging and notable risk events promptly.
Escalate concerns/issues to management as necessary, including but not limited to unsatisfactory audits, poor financial performance metrics, and inventory issues.
Provide comments as necessary for actions to be taken to resolve/mitigate the concern.
Liaise with TDAF Commercial Credit and Commercial Sales teams to provide them with ongoing updates and escalate any issues within the assigned portfolio of clients.
Build and maintain productive relationships with designated portfolio of clients, inventory auditing teams, relationship & account managers and the broader TDAF team.
Support clients by providing a high level of customer service through direct interaction and administrative support providing solutions & problem resolution to assist them in meeting their objectives.
Provide assistance to other departments as required including Commercial Operations and Commercial Credit.