Analyst - CIB Credit - Derivatives, TD Securities

Job Details

Location: New York, New York, United States of America

Hours: 40 per week

Line of Business: Credit Management

Pay Detail: $110,000 - $125,000 USD

Job Description

TD Securities' Credit function is an integral part of the full suite of services offered under Investment Banking. Our Investment Banking professionals provide corporate and institutional clients with capital markets and banking advice and transaction executions worldwide. TD Securities offers its U.S.-based employees the advantage of working in a focused operation while being part of a major global investment dealer. Confidence in our U.S. operations stems from our in-depth industry knowledge and our credit, structuring, research, and distribution capabilities.

As you progress, you will expand your knowledge in the industry, gain valuable experience, and develop into a senior banker. You will be exposed to a wide variety of clients, industries, financing structures, and products. You will work in a team environment, building your corporate and commercial finance banking skills necessary for success in the industry. Analysts support our deal teams across multiple facets as we lead corporate and commercial banking transactions and collaborate with our partners on newly originated transactions and refinancings, as well as with our debt capital markets, equity capital markets, and risk management teams. Senior Bankers support training, mentorship, and advancement in the industry as you grow with our team.

In this capacity you will

• Support the credit team responsible for Commercial, Mid-Market and Institutional CRE clients exposure related to derivative transactions, including swaps, FX, and equity derivatives.
• Contribute to the analysis and preparation of credit request submissions related to new transactions.
• Participate in the review of related loan, collateral, and ISDA documentation.
• Coordinate with the Corporate Risk Solutions partners to manage the process related to new transaction requests.
• Participate in ongoing review and monitoring of the portfolio.
• Contribute to daily, monthly, and quarterly production of internal reports.
• Support the various monitoring and control requirements of the group.

Qualifications

• Bachelor’s degree and strong academic background required.
• Excellent quantitative, verbal, and written communication skills required.
• Strong computer skills, including command of Microsoft Office with emphasis on Excel.
• Basic understanding of corporate finance and accounting.
• Ability to work effectively in a team environment.
• Ability to work in a fast-paced environment dealing with multiple transactions simultaneously.
• Ability to multi-task with strong attention to detail.

Depth & Scope

• Works more independently but under the guidance and review of lead staff.
• Good understanding of loan risk factors.
• Ability to understand client corporate structure and syndicated loan documentation.
• Integral part of the loan origination process. Responsible for performing underwriting analysis of the borrower’s character, credit worthiness, and financial condition.
• Prepares insightful and timely request memorandums for presentation to appropriate lending and credit authorities.
• May maintain credit files, monitor data such as updated financial statements, and prepare updated analysis memos.
• Provides written analysis that identifies any deviations from policy and becomes familiar with alternative structures to reduce credit risk.
• Achieves operational performance standards in quality and timeliness.
• Participate in managing sub-standard/work-out credits.

Education & Experience

• 4-year degree or equivalent experience.
• 1+ years related experience required.
• Developed knowledge of credit and financial analysis techniques.
• Ability to gather, consolidate, analyze, and summarize data to provide well-considered recommendations with increasing independence.
• Strong oral and written communication skills.
• Strong analytical and research skills.
• Developed PC skills including proficiency in word processing and spreadsheet software.
• Ability to multi-task and meet deadlines.
• Ability to maintain the confidentiality of credit and customer information.
• Good interpersonal skills and a team orientation.

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., expanding our premier U.S. equities business and diverse equity research franchise, while strengthening our investment banking capabilities.

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

Our Total Rewards Package

Our Total Rewards package reflects investments in our colleagues to help them and their families achieve financial, physical, and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (Vacation PTO, Flex PTO, Holiday PTO), banking benefits and discounts, career development, and recognition programs. Learn more

Additional Information

We’re delighted you’re considering a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to supporting our colleagues to thrive at work and at home.

Colleague Development: If you’re interested in a specific career path or building certain skills, we’ll help you succeed. You’ll have regular career, development, and performance conversations with your manager, access to an online learning platform, and mentoring programs to unlock future opportunities.

If you’re passionate about helping clients and building lasting relationships, TD offers diverse career paths where you can grow your expertise and have 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 achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding

We provide training and onboarding sessions to ensure you have what you need to succeed in your new role.

Interview Process

We’ll reach out to candidates of interest to schedule an interview. We strive to communicate outcomes to all applicants by email or phone.

Accommodation

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran, or any other characteristic protected under applicable law. If you are an applicant with a disability and need accommodations to complete the application process, please email USWAPTDO@td.com with your full name, best way to reach you, and the accommodation needed.