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AVP, Credit Management, TD Auto Finance

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TD Bank

Oct 18

  • Job
    Full-time
    Expert Level
  • People, HR & Administration
    Banking & Finance
  • Toronto
  • Quick Apply

AI generated summary

  • You need a degree in Business or Finance, 10 years in commercial lending, strong communication, people management skills, and cash flow lending experience; bilingualism is a plus.
  • You will manage credit risk for a large portfolio, collaborate with sales, ensure adherence to policies, monitor portfolio health, train staff, and support complex credit adjudication.

Requirements

  • Undergraduate or graduate degree in Business, Economics, Finance, or other quantitative disciplines (MBA or CFA would be as asset)
  • 10 years of commercial lending experience including credit management roles.
  • Strong communication skills with a positive approach that can liaise with cross functional teams, colleagues, partners, and employees.
  • Successful people management experience including effective coaching, supporting career development of your staff.
  • Experience in cash flow lending and understanding of enterprise value-based credit structures.
  • Results oriented with excellent interpersonal and communication skills (both written and verbal).
  • Automotive financing experience is an asset.
  • Bilingual in English and French is an asset.

Responsibilities

  • Risk management including credit adjudication and operational risk mitigation for TDAF Commercial's "mid-market" portfolios nationally. This is a large, complex portfolio with ~$5.5B drawn loans, including ~$2.3B of traditional commercial loans and ~$3.2B floor plan/lease exposure.
  • As part of the TDAF Commercial leadership team, this role will work closely with the Commercial Sales and Operations leaders to support the TDAF business strategy to drive growth. Work with all business partners to facilitate an environment that allows TD to compete in the commercial automotive market.
  • Ensure the Bank's Risk Appetite is respected, exposure is reasonable relative to the current Commercial Auto market, and adherence to Policies & Procedures is maintained.
  • Manage Monitoring and Control functions to ensure portfolio risk is monitored effectively.
  • Build for the future by attracting, motivating, and retaining a highly qualified and diverse human resource base to achieve business objectives.
  • Provide training to improve knowledge of the team and our business partners (incl. CCRM). Support an increase in the Commercial Auto knowledge broadly in the organization by cultivating talent that can be exported to other areas within the Bank.
  • Provide additional adjudication capacity within the TDAF Commercial Credit team on complex & syndicated credits.

FAQs

What is the work location for the AVP, Credit Management position?

The work location for this position is Canada.

What are the working hours for this role?

The working hours for this role are 37.5 hours per week.

Who does the AVP, Credit Management report to?

The AVP, Credit Management reports to the Vice President, Credit & Dealer Operations.

What are the key responsibilities of the AVP, Credit Management?

Key responsibilities include risk management, credit adjudication, operational risk mitigation, ensuring adherence to policies, managing monitoring and control functions, and providing training to the team.

What qualifications are required for this position?

Candidates are required to have an undergraduate or graduate degree in Business, Economics, Finance or related fields, along with 10 years of commercial lending experience and strong communication skills.

Is automotive financing experience necessary for this role?

While automotive financing experience is an asset, it is not explicitly required for the position.

What languages should candidates ideally speak for the AVP role?

Bilingual proficiency in English and French is an asset for this role.

Does TD offer any support for career development?

Yes, TD offers regular development conversations, mentorship, training programs, and access to resources to support career development.

What type of rewards and benefits does TD offer?

TD’s Total Rewards package includes a base salary, variable compensation, health and well-being benefits, savings and retirement programs, paid time off, and career development opportunities.

How frequently does the interview process communicate outcomes to candidates?

The interview process typically communicates outcomes to all applicants by email or phone call as soon as possible.

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TD Bank

Finance
Industry
10,001+
Employees

Mission & Purpose

Headquartered in Toronto, Canada, the Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD had CDN$1.9 trillion in assets on July 31, 2023. TD also ranks among the world’s leading online financial services firms, with more than 16 million active online and mobile customers. TD offers a full range of financial products and services to over 27.5 million customers worldwide through four key business lines: - Canadian Personal and Commercial Banking including TD Canada Trust, Business Banking, and MBNA - U.S. Retail including TD Bank, America’s Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TD’s investment in Schwab - Wealth Management & Insurance including TD Wealth (Canada), TD Direct Investing, and TD Insurance - Wholesale Banking including TD Securities and TD Cowen