AVP, Credit Risk Management

AVP, Credit Risk Management

The AVP, Credit Risk Management is responsible for supporting Corporate Debt Finance. This role works closely with first line Corporate Investment Banking Credit (CIB Credit) and other functions in Risk Management in the management of TDS Corporate Debt Finance portfolio and ensures effective decision-making consistent with TDBGs overall credit risk appetite and policies.

Depth & Scope :

• Reviews and adjudicates credit submissions within discretionary limits and ensures requests are within business line strategies, credit risk policies and risk appetite
• Works closely with first line Corporate Investment Banking Credit (CIB Credit) and other functions in Risk Management in the management of TDS Corporate Debt Finance portfolio and ensure effective decision-making consistent with TDBGs overall credit risk appetite and policies
• Effectively challenges credit submissions to ensure credit risk and structures are adequately assessed by performing independent risk analysis, and applying relevant policies and lending guidelines of the Bank, including assessment of the strength of sponsor / asset manager, Agent Bank (as applicable), robustness of risk management systems and surveillance, quality of collateral loan pools, transaction structure including terms and borrowing base concentration limits including industry and single name exposures
• Acts as an internal subject matter expert on credit, proactively assesses credit issues within Corporate Debt Finance structures and recommends strategies for minimizing risk, adjusting exposure on an Agent or sponsor / asset manager basis; acts as a crosser of approval / decline of credit within assigned discretionary limits; recommends on situations requiring approval of Risk Management
• Develops and maintains sound knowledge of the private credit, middle market and broadly syndicated loan markets, keeps apprised of industry trends and of the related Corporate Debt Finance lending structures
• Acts as a trusted advisor in sharing knowledge, perspectives and advice as needed on credit products and deal structures with other groups where appropriate
• Engages in the development of appropriate risk frameworks including policies, limits, Agent and / or sponsor criteria and collateral pool eligibility criteria and concentration limits
• Ensures risk ratings are assigned accurately and works with the first line on the development of appropriate rating methodologies
• Contributes to the development and oversees the utilization of risk monitoring systems and processes as it relates to assessment and management of credit risk
• Monitors and evaluates performance of credit facilities including sponsor / asset manager and collateral pool performance
• Plays a proactive role in initiating appropriate action on major accounts where the risk to the bank is deteriorating
• Ensures all matters relating to material risk be communicated and escalated in a timely, accurate and forthright manner and within established governance frameworks
• Acts as a key Risk Management contact for TDS Corporate Debt Finance, address issues and escalate where appropriate; liaises with business on implementation of policy solutions
• Works effectively with other areas of TD Securities and Risk Management to assist TDBG in maintaining an optimum level of risk assessment skills
• Shares knowledge both proactively and responsively about the banks risk appetite for industry sectors and / or products / deal structures, as well as changes in general risk matters
• Develops productive working relationships across TD Securities, articulate credit policy, and directly participate in structuring as necessary to protect the Banks interests
• Contributes to the overall Credit Risk Management team by sharing knowledge and expertise, contributing to sound decisions, acting as a trusted adviser to the business, developing and maintaining productive internal and external relationships
• Effectively challenge, propose and champion projects to improve efficiencies, in order to provide more effective business support and credit risk management oversight
• Oversight of CRM's monitoring and control procedures and documentation
• Maintains understanding of key risk and risk-related issues through continual review of risk reports / related data and dialogue with relevant parties
• Understands and comply with TD Policies, regulatory and compliance requirements
• Develops and fosters strong relationships to improve the understanding and communication of credit risk and / or other key risk management issues
• Participates in regulatory and internal audit exams of the Credit Risk Management function

Education & Experience :

Who We Are

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. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. 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. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation / incentive awards (e.g., eligibility for cash and / or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

Additional Information

We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home. Colleague Development If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Training & Onboarding We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role. Interview Process We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.