Associate - Private Debt Team - TD Asset Management

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
TD Wealth

Pay Details:
$100,000 - $140,000 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 Asset Management (TDAM) is a member of TD Bank Financial Group and is one of Canada's largest investment management firms. As of September 2024, TDAM and its affiliates manage over $450 billion in assets on behalf of pension, insurance, endowment/foundation and corporate clients, as well as high-net worth clients and retail mutual funds, across both active fundamental and quantitative-based solutions. A cornerstone of TDAM's success has been the ability to partner with its clients to develop customized solutions that meet their evolving needs and objectives. In attaining this client commitment, TDAM has built one of Canada's largest and most respected investment management and research teams with more than 100 Investment professionals and offices in New York, London, Toronto, Montreal, Regina, and Winnipeg.

Job Description:

The Private Debt Team originates and executes private debt investments globally for TD Asset Management's Private Debt Funds across the continuum of credit risk. Through unique specialties in power, infrastructure, and real estate as well as private corporate lending and securitization, the Team focuses heavily on credit analysis and structuring. Candidates will benefit from career-enhancing access to specialized asset classes supporting respected deal originators that source opportunities globally and across the spectrum of credit risk.

Job Accountabilities:

• Prepare detailed, fundamental research on specific investments/projects
• Undertake detailed due diligence, including:
  • detailed Financial Model review and analysis, requiring exceptional analytical skills
  • detailed documentation review, including credit agreements and key project-specific contracts
  • working with key advisors (legal, technical, insurance) to understand key risks and mitigating factors
• Preparation and presentation of credit committee reports based on analysis performed above
• Assist in preparation of marketing materials
• Track and monitor reporting from private debt issuers

Job Requirements:

Qualifications and Skills:

• Up to 5 years of experience in a commercial/corporate banking/private credit lending environment ideally with a credit focus in high yield or leverage finance.
• Strong financial modelling/analytical skills with a high competence in spreadsheet preparation (Excel) essential
• Excellent verbal and written communication skills, with associated proficiencies in PowerPoint and Word
• Experience in reviewing documentation beneficial, with preference for candidates able to demonstrate their 'attention to detail' with a high aptitude for absorbing legalese
• Understanding of Private Debt sectors (Power, Infrastructure, Real Estate, Mid-market private credit) preferable
• A demonstrated record of achievement and leadership skills
• Ability to multitask in a highly demanding environment is essential
• Successful candidate should demonstrate critical thinking skills and the ability to solve complex problems

Educational Requirements:

• Undergraduate/Graduate degree in Finance/Economics/MBA or related field with a strong GPA relative to peers
• CFA beneficial (or the successful completion of at least level 2 examinations; or the successful completion of at least level 1 examination if the educational background is in a non-finance/economics related field)

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.

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. 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