Director, Credit Management, TDGF

Work Location:
Dublin, Ireland

Hours:
35

Line of Business:
TD Securities

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:

Job Title: Director, TD Global Finance

Job Level: L11

Job Type: Regulated

CBI Fitness & Probity Designations: This is a regulated role and is subject to the Central Bank of Ireland ("CBI") Fitness & Probity standards: as such job holders must hold confirmation that they have been assessed as meeting the CBI's Fitness & Probity Standards before commencing their controlled function job, and on an annual basis thereafter. The designated Controlled Functions (CFs) of this role are:

CF 2 - Ensuring, controlling, or monitoring compliance by a regulated financial service provider with its relevant obligations

SEAR: This role is not in scope under the Senior Executive Accountability Regime "SEAR".

Material Risk Taker: Yes

Business/Product Group: Credit Management, TD Securities Europe & Asia-Pacific

Location: Dublin, Ireland

Committee Membership:

Reports to:

Direct Reports:

Please note that the information set out in this job description is intended to be consistent with your primary activities and areas of responsibility as a regulated Controlled Function role in scope of the Central Bank of Ireland (CBI) Fitness & Probity Regime under the Central Bank Reform Act 2010.

The contents of this job description may need to be amended in the event that your responsibilities change.

If at any time you think that your responsibilities set out in this job description have changed, you should contact Human Resources as soon as possible.

Position Summary: (Overview of key purpose and accountability of the role)

The primary accountabilities of the position include dynamic monitoring of counterparty performance as it relates to the assessment and management of counterparty borrower risk. Recommend for approval counterparty credit risk exposures and credit related documentation and collateral term to TDS CRM / RM in accordance with the TDS Credit Policy Manual and TDGF Credit Risk Management Policy.

Specific Responsibilities:

• Primary credit liaison with the front office trading staff
• Acting as a 'team player' to assist the successful operation of the team as a unit providing support to senior management as necessary
• Assisting senior management in working with the front office on vanilla trades and new products
• Assisting senior management in working closely with the front office on systems issues, to ensure the front office and credit systems work in tandem and reflect the risks correctly
• Meeting external clients with senior management to assist in the due diligence process and gather information for annual reviews
• Conducting risk assessment in new and renewal credit reviews and liaising with the industry specialist teams in Toronto and New York in the preparation and recommendation of credit reviews.
• Conducting appropriate due diligence on such counterparties through investigating and meeting them as necessary.
• Conducting peer group, sector and country risk analysis as required to determine the acceptability of such counterparties.
• Ensuring that the credit risk is consistent with bank policy, risk appetite, and good market practice.
• Recommending decline of unacceptable facility requests.
• Structuring facility requests to minimise risk exposure to the bank where the risk is otherwise deemed to be unacceptably high (e.g., M2M collateralised trading, trading against initial margin).
• Assisting in the development of operating systems and control procedures for enhancing TDGF's ability to monitor risk exposures.
• Ensuring that counterparty risk is adequately monitored with appropriate action recommended.
• Assisting in review of the TDGF counterparty credit risk portfolio as required.
• Monitoring compliance with credit limits:
• Investigating excess positions and reporting them promptly to senior management and Group Risk Management monitoring dealing positions against counterparty and country limits as necessary.
• Assisting senior management in carrying out system/credit/policy related projects
• Demonstrate governance, control and risk management behaviours in alignment with TD policies and practices.

Risk Management Responsibilities:

• Responsible for identifying and reporting Operational Risk Events in accordance with policy
• Responsible, along with all colleagues, to contribute in a positive way to TDGF's reputation and the management of Reputational Risk. Every employee is expected and required to follow ethical practices at all times, including compliance with applicable policies, legislation and regulations and support positive interactions with TDGF's stakeholders including clients, industry bodies, industry participants, public bodies, regulators and vendors.
• Responsible for good conduct and for contributing to the identification and management of Conduct Risk within their team and function

Who We Are

TD Securities 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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition programs.

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.

If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make 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 unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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

If you require an accommodation for the recruitment / interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.