Director - CIB Credit, TD Securities

Investment Banking Director

Work Location : New York, New York, United States of America

Hours : 40

Line of Business : Credit Management

Pay Detail : $225,000 - $250,000 USD

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. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description :

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers : New York, Toronto, Montreal, Calgary, Vancouver, London, Singapore and Tokyo.

At TD Securities, the Investment Banking Credit function is an integral part of the full suite of services we offer under Investment Banking. Our Investment Banking professionals provide corporate and institutional clients with capital markets and banking advice and transaction executions worldwide.

TD Securities offers its U.S. based employees the advantage of working in a highly focused operation, while being part of a major global investment dealer. Confidence in our U.S. operations systems stems from the recognition of our in-depth industry knowledge and from our outstanding credit, structuring, research and distribution capabilities.

TD Securities is a leader in the Communications, Media, and Technology sector, specifically within the digital infrastructure space. This includes many lead left transactions across datacenters, fiber, and towers. You will have the opportunity to play a lead underwriting role across a variety of financing structures, including project finance, commercial real estate, warehouse / securitization, and cash flow lending.

Directors lead corporate and leveraged banking transactions and work closely with the Investment Banking team and clients on newly originated transactions and refinancings, as well as with our debt capital markets, equity capital markets, syndication and risk management teams. In addition Director mentor junior professionals who are assigned to support them for deal execution.

Directors are also responsible for developing relationships with professionals in the legal community, at other financial institutions and with our valued corporate and private equity clients.

In this capacity you will :

Demonstrate leadership in due diligence and structuring around complex bank financings.

Interact and negotiate with senior finance professionals at our clients' businesses.

Oversee the research and analysis of clients' financial performance.

Continue to build on and enhance your detailed knowledge of trends in your industry group.

Construct detailed models that establish suitable capital structures and financial covenants.

Identify / recognize cross-sell opportunities and coordinate with other business units / product groups as appropriate.

Prepare and recommend high quality credit submissions.

Depth & Scope :

Manages the performance of team globally ensuring staff has clear objectives

Provides regular performance feedback and provides leadership, direction, advice and guidance to the team maintaining high levels of integrity, motivation and morale

Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices

Prepares and recommends high quality credit submissions as required

Oversees and monitors performance of Borrowers to ensure compliance

Conducts market, industry and client research in support of the ongoing risk assessment process

Works closely with Originators to ensure credit arrangements function effectively

Ensures credit reviews include all appropriate tools, including MFA spreadsheet tool and MRA analysis to support the risk rating assessment

Monitors market and client developments to ensure risk ratings are accurate and reflects all relevant material information

Prepares Quarterly Risk Ratings Report and High Risk Reports as required

Completes and submits out-of-order reports as appropriate

Coordinates with Origination to ensure that loan and security documentation reflects the details of the credit authorization accurately

Coordinates with Origination in the preparation and presentation of Loan Capital Committee analysis and documentation

Education & Experience :

Undergraduate degree in Business (Accounting or Finance) or Mathematics / Economics

Series 79 and 63

7-10 years related 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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

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.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.