Senior Asset Manager - TD Equipment finance, Equipment Management Group

TD•Burlington, ON

5d•Onsite

About The Position

Reporting to the TDEF Senior Credit Manager, LRG and EMG, this role offers the opportunity to become a key subject matter expert in the equipment and machinery financed by TD Equipment Finance (TDEF). Working closely with TDEF Sales and Credit teams, the Senior Asset Manager plays a meaningful role in supporting sound credit decisions across Canada by providing expert equipment valuation analysis, including Fair Market Values (FMV), Orderly Liquidation Values (OLV), Net Collateral Values (NCV) and Residual Values (RV). The role also provides important support to the Loan Recovery Group (LRG) and Collections team, while contributing to portfolio-level reporting and insights that help manage risk and support business growth.

Requirements

Undergraduate degree
5+ years of relevant experience
Proficiency with applications like Excel, Word, Outlook and PowerPoint.

Nice To Haves

Additional training and credentials would be an asset, such as American Society of Appraisers (ASA, ARM, AM, etc.) and/or training with the Canadian Personal Property Appraisers Group (CCPAG).

Responsibilities

Lead equipment valuation activities in support of residual portfolio management, remarketing and analysis within the non-standard credit addendum.
Conduct valuations across a broad range of equipment using established tools, including collateral matrices, internal and external sales comparables and industry contacts, to support lease/loan transactions and booked residual positions.
Review and validate equipment values in third-party appraisal reports, and manage appraisal engagements for new originations and distressed assets.
Maintain a strong market perspective on equipment trends, secondary markets and industry conditions, with a heightened understanding of the equipment finance market and the industries within the portfolio, to provide value-added advice to clients while helping mitigate risk to the Bank.
Implement and update NCV Curves and Depreciation Tables by collateral type for credit adjudication purposes.
Maintain and update collateral grid tools used to determine equipment values for new originations.
Conduct market, industry and asset research to support the business, while delivering exceptional customer service and contributing to continuous improvement of the customer experience.
Provide expert opinion on external appraisals received and help translate asset insights into practical credit and risk recommendations.
Develop proficiency with internal applications such as BBHub, JIRA and EKIP.
Contribute to business objectives by providing strong customer service, risk support and asset expertise that help increase profitability and enable business growth.
Support operational excellence by executing business processes and procedures in a timely, accurate and consistent manner.
Protect the interests of the organization by identifying and managing risks, and escalating non-standard or high-risk activities as necessary.
Perform the necessary due diligence to support the accuracy of customer transactions and activities.
Promote a culture of risk management and control, supported by effective processes aligned with the Bank’s risk appetite.
Help minimize operational and regulatory risk by complying with the Bank and Industry Code of Conduct.
Stay current on emerging issues, market trends and evolving regulatory requirements, and assess potential impacts on the business.
Enhance knowledge and expertise by keeping current on tools and techniques, and participating in knowledge transfer within the team and business unit.
Contribute to team success by assisting others in the completion and performance of work activities, and by providing training, coaching and guidance as appropriate.
Remain accountable for individual work while coordinating processes and information effectively across related teams.
Deliver assigned initiatives, projects and programs with guidance from management.