Vice President, Global Core Trade Finance, TD Securities, Global Transaction Banking

TD•Montreal, QC

13d•CA$150,000 - CA$160,000•Onsite

About The Position

TD Securities ("TDS") provides a wide range of capital market products and services to corporate, government and institutional clients through Global Transaction Banking ("GTB"), Corporate and Investment Banking ("CIB"), and Global Markets ("GM"). The firm works with clients around the world, focusing selectively and strategically on key global financial centers: Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore, and Tokyo. GTB is a key growth business within TDS that provides the opportunity to make an impact with top tier organizations. We offer innovative solutions and treasury advisory services on large and complex liquidity, payments, and trade and working capital finance needs. The business constantly changes with macroeconomic conditions, unprecedented levels of innovation, interest rate environments, and Foreign Exchange ("FX") movements. Accordingly, GTB continues to invest and innovate to support our clients' evolving needs. GTB is comprised of three business lines: Trade & Working Capital ("TWC"), Corporate Cash Management ("CCM"), and Financial Institutions ("FI"), which are underpinned by dedicated support functions, including GTB Risk & Control, Product Management, Client Solutions, Data & Analytics, and Deposit Portfolio Management. TWC is made up of Global Core Trade Finance ("GCTF") and Structured Trade & Export Finance ("STEF"), which is comprised of Export & Agency ("EAF") Finance and Working Capital Solutions ("WCS"). Global Core Trade Finance (GCTF) clients principally include Fortune 500 and 100 companies with head offices located in North America and Europe, as well as key financial institutions. This role involves developing client-centric solutions to remove or reduce payment risk or facilitate working capital by employing traditional trade finance products (Standby Letters of Credit / Guarantees, Import Letters of Credit, Export Letters of Credit, or Documentary Collections) associated with our clients' domestic business needs or foreign sales and purchases. It also supports strategic foreign banks and their clients' needs in North America & UK and acts as a trusted partner to mitigate risks in our markets. The role works closely with internal TD internal partners to provide "One-TD" solutions to our clients.

Requirements

10-15 years of relevant experience in trade finance, corporate / commercial lending within a major financial institution, including at least 5-7 years as a senior or lead contributor showcasing a successful track record in deal origination and execution.
Strong knowledge and practical expertise across traditional trade finance products such as standby letters of credit, bank guarantees, and documentary letters of credit.
Experience structuring complex financial transactions, negotiating legal / loan documentation and sound understanding of credit products, with a specific focus on trade financing solutions.
Experience covering and developing relationships with large corporations and global financial institutions.
Ability to create and deliver professional product ideas and presentations.
Ability to drive resolution of client issues.
Ability to travel in North America.
Geopolitical and financial acumen and awareness.
Ability to communicate clearly and effectively both verbally and in writing.
High level of self-motivation and initiative.
Agility to operate and speak to clients / prospects across a variety of industries.
Embrace engagement and inclusion, open to diverse views and styles.
Seek and act on feedback. Constant desire to develop, improve and gain different perspectives.
Results oriented, consistently achieve top performance.
Contribute beyond accountability; demonstrates leadership potential.
Execute at the highest standards.
Demonstrate a good understanding of TD’s Risk Appetite.
Act with integrity, exercise good judgment.

Nice To Haves

MBA, CFA, or equivalent experience in financial services, accounting, or legal fields.

Responsibilities

Responsible for end-to-end transaction lifecycle, including origination (due diligence and pitching), structuring, and execution of transactions and opportunities within assigned portfolio.
Lead origination efforts within assigned portfolio by identifying new opportunities to add new clients and increase our GCTF share of wallet.
Provides deal structuring expertise and prepares / oversees delivery of creative and timely term sheets and pitches.
Obtains credit concurrence and coordinates pricing approvals.
Arrange and engage in client calls and presentations.
Maintain an active pipeline of prospective new business.
Work closely with regional teams in the US, Toronto, London, Singapore, Montreal, and Vancouver.
Manage and deepen relationships with existing portfolio of clients through disciplined and dedicated coverage, serving as a trusted advisor and lead contact point for all GCTF matters.
Help clients navigate the organization; engage the relevant partners to assist in the resolution of client issues as necessary.
Support and facilitate deal communication and client touchpoints (e.g., call reports) with the CIB relationship coverage team.
Assist with preparation of deal summaries and articulation of new deal opportunities.
Assist in the preparation of RAROC and pricing models.
Facilitate the negotiation of credit related documentation by engaging the relevant internal partners as appropriate, including GTB Credit Management, TDS Credit Management, and TD Legal. Apply a risk lens to every transaction and be able to formulate a position on the deal structure.
Steward transactions through successful credit approval to closing / funding.
Considers risk, internal controls, policies, compliance, and profitability as part of day-to-day accountabilities.
Coordinate with relevant credit and operational teams for ongoing maintenance of the GCTF portfolio.
Works as a key member of the broader relationship coverage team within CIB, participating in joint calling / pitching efforts.
Understands the firm's coverage strategy, prospect universe, and risk appetite within assigned market / client segments.
Develops a calling and coverage plan in conjunction and with concurrence from the relevant CIB relationship managers.
Reviews, guides, and appropriately leverages work of Analysts and Associates to drive business results.
Identifies and socializes cross-selling initiatives and opportunities within the firm as appropriate; operate with a 'One-TD' mindset.
Demonstrate visible leadership among peers and presence across the TD Franchise.
Represent TD’s unique and inclusive culture internally and externally.
Contributes to growing / elevating the TD and GTB brand with a commitment to and presence in the industry and community.
Stay abreast of market trends, regulatory changes, and industry developments specific to the GCTF industry.
Contribute to the development of strategic initiatives and new product builds / onboarding as required.