director, financing and administration
Title posted on CareerBeacon -
Associate Director, Sponsor Coverage - CNA
Posted on
October 07, 2024
by
Employer details
TD Bank
Job details
Work Location:CanadaHours:37.5Line of Business:Credit ManagementPay Details:We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.Job Description:Department OverviewThe Commercial National Accounts ("CNA") team operates within TD Business Banking and provides dedicated relationship coverage to the larger commercial clients across all industry sectors. This client base is primarily designated by size of credit facilities being extended and/or complex cash management needs. It also encompasses all commercial clients with syndicated credit facilities (regardless of size). The group consists of senior commercial banking professionals who combine specific industry knowledge and extensive deal structuring experience to offer a full suite of customized credit and cash management solutions to meet the complex needs of our clients.Within CNA, the Financial Sponsors Group is a specialized team focused on covering private equity firms and providing financing to support their portfolio companies. The team works closely with the TD Securities team in the firm's overall coverage activities.Job DetailsThe Associate Director, Sponsor Coverage provides dedicated credit management support to a Director (relationship manager). The Associate Director reports to an Associate Vice President in the CNA Credit Management Group. The specific role is covering CNA's private equity coverage team, providing leverage financing and other capital requirements to operating companies predominantly owned by private equity investors.Provide credit underwriting for portfolio of designated Director (RM).Work with deal team to complete initial due diligence on new opportunities including business, industry, financial and commercial due diligence.Contribute to growth of portfolio by structuring competitive packages while maintaining a balanced view of risk mitigants and credit quality.Assessing credit risk in compliance with applicable internal and external requirements (e.g. financial controls, risk policies) to increase profitability and enable business growth.Recommend credit applications to AVP and / or Director, Credit Execution.Responsible for transaction execution along with the other members of the deal teamResponsible for monitoring and control processes for the portfolio, which includes financial covenant tracking and internal bank tracking reports, to ensure the necessary processes are completed in a timely manner. Monitor portfolio on an ongoing basis and ensure it is managed against overall bank set targets.The team coordinates closely with TD Securities for M&A advisory, equity and other debt capital markets expertise as requiredJob RequirementsQualifications/Skills/Experience:Previous experience in Commercial Banking, with preference for experience in private equity finance and/or leveraged buyoutsExperience with large accounts will definitely be advantageous.Very solid credit, analytical and problem solving skills.Financial modeling experience would be an asset.Excellent communication and organizational skills.Strong team player, with an ability to work both in a team environment and independently.The ability to engage in active dialogue with internal and external stakeholders (Unit VP, clients, legal counsel etc.).Specific Educational Requirements/Accreditations:An undergraduate or graduate degree in Business, Economics, Finance or other quantitative discipline. MBA or CFA would be an assetWho We Are:TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to th
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LocationToronto, ON
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Workplace information
On site
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SalaryNot available
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Terms of employment
Permanent employmentFull time
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Starts as soon as possible
- vacancies
1 vacancy
- Source
CareerBeacon
#2115563
Advertised until
2024-11-05
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