Associate, Corporate Banking (Real Estate) in Toronto

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: Credit Management, TD Securities

Pay Details: $125,000 - $140,000 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance. TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD.

Job Description:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank.

Corporate and Investment Banking Credit is our team of in-house credit assessment professionals. They work closely with our Investment Banking and Sales and Trading teams, as credit is an integral part of many of our institutional client initiatives. Our credit team is involved in the origination of business and responsible for the analysis, risk assessment and ongoing monitoring of these credit transactions.

Responsibilities:

• Assists in the preparation of credit submissions as required for real estate borrowers, including new financing opportunities, interim client driven requests, and annual reviews.
• Assists in overseeing and monitoring the performance of Borrowers to ensure compliance with all terms and conditions of the credit authorization, and to ensure that the risk ratings for the assigned Borrowers are accurate.
• Conducts market, industry, and client research in support of the ongoing risk assessment process, including ongoing monitoring of client/industry news and developments.
• Coordinate with Corporate Banking relationship managers in the preparation of term sheets, client pitches, and Loan Capital Committee analysis and documentation.
• Work with Vice President / Director and other product groups to ensure client credit needs are being met.
• Ensure that all credit reviews include sensitivity analysis appropriate for the risk at hand.
• Review compliance reporting, loan/product documentation, identify and communicate credit risk issues effectively.

Job Requirements:

• Applicants should be well-organized, detail oriented and able to work under pressure and tight deadlines.
• Superior financial, financial modelling and analytical skills.
• Strong verbal and written communication, and problem solving skills.
• Proactive and highly motivated.
• Able to work independently and in a team environment.
• Excellent knowledge of MS Excel.
• At least 3 years relevant experience in real estate, preferably in a corporate banking or commercial banking environment.
• Undergraduate or graduate degree in business, commerce, or economics.
• CFA designation and/or MBA are an asset.

We’re committed to providing the support our colleagues need to thrive both at work and at home. If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.