Work Location:

Canada

Hours:

37.5

Line of Business:

Personal & Commercial Banking

Pay 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 Overview:

TD Auto Finance (TDAF) is a dynamic division within TD Business Banking. The TDAF Commercial team is focused on 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. TDAF Retail and Commercial combined is over 900 people including sales teams located coast to coast, as well as teams in credit adjudication, funding, inside sales, loan administration, customer service, collections and recovery.

Job Description:

Reporting to the Vice President, Credit & Dealer Operations, the AVP Credit (National) is responsible for national leadership of the credit teams managing credit and operational risk related to our core accounts, including four Senior Managers Commercial Credit and their teams of credit analysts who support TDAF's Ontario/Atlantic, Quebec and Western units.

Key accountabilities:

• 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.

Education & Experience:

• 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.

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 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

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.

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
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