Analyst - TDS Credit Analytics

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
TD Securities

Pay Details:
-

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:

CIB Credit Analytics plays an essential and centralized front office portfolio reporting role within the global TD Securities, Corporate and investment Banking (CIB) Credit and works closely with partners across the bank including CIB Credit, Credit Origination, Syndications, Credit Risk Management, Corporate Lending Operations, Credit Risk Policy & Reporting, Capital Markets Risk Management, Finance and Technology. The successful candidate will work with the CIB Credit team on various day-to-day activities, reporting and analysis as well as ad hoc projects impacting the broader TD Securities, Corporate Banking business.

Job Description:

The successful candidate will be part of the TD Securities Toronto CIB Credit team and will be responsible for:

• Policy and Portfolio Tracking - produce monthly reporting of credit exposures to track against credit risk policy limits, specialized portfolios and communicate relevant details to the senior management
• Management Reporting and Analytics - produce credit metric reporting and dashboards leveraging broad datasets to track portfolio trends, risk, and exposures; conduct additional portfolio analysis and research as requested by senior management
• Regulatory Reporting and Support - support ongoing and ad-hoc regulatory reporting requests with accuracy and timeliness
• Bloomberg Research - assist credit management coverage teams with charting CDS peer spreads, yields, commodity price forecasts, earnings estimates, etc. for inclusion in credit reviews
• Market Data Monitoring - produce daily reports of Credit Default Swaps (CDS) spreads as well as trigger reports on equity, bond, and CDS pricing for borrowers within the corporate lending portfolio
• Hedging and Portfolio Optimization Activities - work with CIB Credit and the Global Credit Trading desk to execute CDS trades for credit protection; assist with other hedging and portfolio optimization initiatives and projects
• Loan Capital Committee (LCC) - host LCC meetings, provide meeting minutes, and provide oversight/administration as secretary to the Loan Capital Committee
• Compliance and Audit - manage and coordinate audit inquiries and requests on behalf of CIB Credit, including yearly audits, pRCSA reviews, annual OSFI AIRB self-assessment
• Process Improvements and Projects - continuously work on process improvements and work with the technology/business innovation teams and other parts of the bank as needed

Job Requirements:

• A highly motivated, proactive and organized individual who takes ownership of assignments and has exceptional problem-solving skills.
• Experience manipulating and analyzing large data sets to drive reporting and create insights, summaries and dashboards.
• Experience with programming languages (e.g., SAS or Python) and data visualization software (e.g., PowerBI or Tableau).
• Advanced Excel capabilities, model building, modifying macros and writing VBA.
• Experience with preparing presentation decks in PowerPoint for senior management and/or corporate clients.
• Ability to communicate effectively with senior management and work under pressure with tight time sensitive timelines and competing priorities.
• An understanding of or experience with corporate banking credit products (Revolvers and Term Loans); credit hedging tools (CDS, Non-Payment Insurance, etc); securitizations.
• Experience with projects in a corporate setting, working groups, and special initiatives
• Previous experience with Bloomberg and Capital IQ for research purposes
• Business/Finance University Degree
• CFA or CPA designation or pursuit of one considered an asset
• 2-3+ years at a Financial Institution

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 strive to make every interaction, product and experience remarkably human and refreshingly simple. 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.

Together, we are reimagining what banking can be for our clients, colleagues and communities.

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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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.

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.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):
Sans Objet