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:

Overview of Role

The Collateral Analyst (“CA”) works as part of a team with the Relationship Managers, Underwriters and Audit and Operations Manager in supporting a portfolio of customers in TD Asset Finance (“TDAF”).  The CA focuses on the update and monitoring of collateral availability, including updating collateral and credit exposure position (including but not limited to cash loan, LCs and foreign exchange).  The position is an important point of contact with the customer.  The Collateral Analyst reports to the Audit and Operations Manager and Manager Commercial Credit (MCC).

Shareholder

Grow Economic Profit of the Portfolio (10%)

• Maximize support for Relationship Managers on collateral monitoring matters so that those positions can focus on their other accountabilities such as risk assessment and sales. 
• Identify potential sales opportunities when dealing with customers and bring to the attention of the Relationship Manager.
• Accurate/timely/consistent set-up of customers on Stucky and Collateral Services.

Manage Credit and Operational Risk (55%)

• Daily monitoring of client portfolio to ensure accuracy of loan position and sufficient availability to facilitate funding requests.  All client reporting and ineligibles to be updated to Stucky on a timely basis.
• Ensure receipt of DLR (interim collateral reports other than at month end) on a timely basis, adherence to standard format, accuracy and in-line with Stucky.
• Ensure receipt and timely review of weekly/monthly A/R, A/P and inventory reports for accuracy, inconsistent/unusual data, consistency of timing of reporting (including ensuring receipt by Collateral Services of same) – within timeframes as per Monitoring and Control Procedures.
• Review/complete A/R and inventory ineligibles on a timely basis – within timeframes as per Monitoring and Control Procedures.
• Completion of all other required reconciliations/reports as per Monitoring and Control Procedures.
• Monitoring of internal account to ensure your customer transactions are cleared in accordance with Bank policy
• Collateral Service Reporting to be tested and running within three calendar months from date of funding.
• Follow & make effective use of all escalation protocols.

Customer

Customer Service Support on the Portfolio (15)%

• Manage interface with customers at an appropriate level.

• Resolving customer account enquiries (including wires, cheques, deposits etc)/administrative/reporting questions/concerns and communicating with the group as appropriate; escalating as appropriate.
• Maintain an understanding of Commercial Banking products and services

Team

Leadership and People Development (20%)

• Be an integral part of the team by being an effective team player.
• Take responsibility for own developmental needs
• Provide guidance and direction to less experienced staff members.
• Embrace diversify and help the group achieve favourable Pulse ratings.

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:

N/A.