Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Personal & Commercial Banking

Pay Details:
115,600 - 163,200 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. 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 Auto Finance (TDAF) is a dynamic division within TD. This is an exciting opportunity to join a rapidly growing business with Automotive Banking Centres located in Toronto, Calgary, and Montreal. Led by regional Market Leaders, our team of commercial bankers is focused on providing bespoke financing and cash management solutions to our clients within the automotive dealership industry in Canada.

The TDAF Commercial team is focused on lending to auto dealers across the country, providing comprehensive solutions to meet their banking needs. Credit exposure across the portfolio includes real estate and acquisition financing, operating credit, floor plan financing, lease lines and equipment finance. Transactions can range significantly in size and complexity from ~$15mm for small, single location dealers to +$500mm for large dealer groups.

TDAF's goal is to become Canada's #1 auto lender. We are over 900 people strong including an external sales team located coast to coast, as well as teams in credit adjudication, funding, inside sales, loan administration, customer service, collections and recovery, and our federated functions of risk management, technology solutions, finance & human resources.

Within TDAF, the Strategic Accounts team is a specialized team focused on covering the largest automotive dealer groups across Canada.

Reporting to the Associate Vice President, Credit, the Director, Credit Execution helps lead a team of Associate Directors, providing guidance, leadership, coaching and development to ensure business results and professional / personal development objectives are achieved for the overall group. The Director, Credit Execution works closely with the Director, Strategic Accounts for the overall execution of transactions and is responsible for the credit portfolio, ensuring structured deals meet risk policies, and may also actively structure more complex deals in the unit or market. Accountable for delivering a superior customer experience while driving profitable business growth, in line with business strategy.

Specific job functions include:

• Lead the execution and achievement of the business's customer and partner experience targets; coach and model appropriate behavior and execute plans to continuously improve customer experience.
• Work with deal team to complete initial due diligence on new opportunities including business, industry, financial and commercial due diligence.
• Contribute to growth of the unit by assisting in structuring competitive packages while maintaining a balanced view of risk and credit quality.
• Responsible for transaction execution along with the other members of the deal team
• Contribute to the development and implementation of the business plan, goal setting, growth strategies and coaching for the Unit.
• Assess, and manage, credit risk in compliance with applicable internal and external requirements (e.g. financial controls, risk policies) to increase profitability and enable business growth.
• Oversee, lead, and coach a team of associate directors while growing talent, developing skills and capabilities to achieve career goals and business results.
• Participate fully as a member of the team, supporting a positive work environment that promotes service to the business, quality, innovation, and collaboration and ensure timely communication of issues/ points of interest.
• Provide thought leadership and industry knowledge for own area of expertise and participate in knowledge transfer/mentorship within the team and business unit.
• Keep current on emerging trends and developments and understand the business, related tools and techniques.
• Contribute to, and lead, various ad-hoc initiatives which may be assigned from time-to-time.

Job Requirements:

Qualifications/Skills/Experience:

• Previous experience in Commercial Banking. Prior experience with large-corporate accounts and/or syndicated transactions is preferred.
• Robust organizational and team management skills with the ability to work in a demanding environment and handle multiple deadlines and changing priorities.
• Very solid credit, analytical and problem-solving skills.
• 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, Credit VP/AVP, 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 asset
• 10+ years of relevant experience

Who 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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. 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