Senior Manager, Credit Management

Job summary

Lead a team of Credit Analysts to ensure business results, professional development, and the achievement of customer experience targets. Manage the overall credit portfolio by ensuring structured deals meet risk policies and providing guidance on complex credit requests.

Job details

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Credit Management Pay Details: $115,600 - $163,200 CAD 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: Lead a team of Credit Analysts, providing guidance, leadership, coaching and development to ensure business results and professional / personal development objectives are achieved for the overall group. Responsible for the overall credit portfolio, ensuring structured deals meet risk policies, and may also actively structure more complex deals in the unit or market. Accountable for delivering a superior customer experience while driving profitable business growth, in line with business strategy. CUSTOMER Lead the execution and achievement of the business' customer / partner experience targets by coaching and modelling appropriate behaviour and executing on plans to continuously improve customer experience Act as a consultant to the team in resolving customer operational and credit issues and when structuring new credit requests to deliver a positive customer experience Structure and package competitive credit solutions in a timely manner to meet customer needs as required Champion use of sales platform to build a robust understanding of our customers/ target needs, industries and markets Lead and manage Credit Analysts in developing creative and competitive credit solutions that add value for our customers Develop and maintain relationships with internal and external partners for the purpose of delivering optimal customer service Be an expert on market, industry and broader economic factors Develop and maintain Centre of Influence strategies and relationships Identify and respond to changes in the business environment, establishing action plans to address customer issues and priorities Primary point of contact for escalations for significant risk matters / exceptions Contribute to the identification of customer/prospect referral opportunities to internal Bank partners that meet customer needs Enhance the TD brand by participating in network events May actively structure more complex deals in the unit or market together with the relationship management team SHAREHOLDER Contribute to the development and implementation of the business plan, goal setting, growth strategies and coaching for the Unit Set service and control standards aligned to overall business objectives and oversee / monitor deliverables and results Meet or exceed business targets for the Unit Coach team in credit structuring and pricing to meet the needs of the customer and to adhere to TD's risk management policies and credit appetite Assess all credit applications, ensuring they provide a high quality of risk assessment, credit structure, due diligence, and credit application Review/approve credits within delegated limits and make recommendations on all others Actively refer to other TD partners and respond effectively to reciprocal referrals Ensure all staff are knowledgeable of and operate within the applicable regulatory and compliance guidelines/policies and procedures Ensure the portfolio is comprehensively monitored and controlled, adhering to and administered within approved guidelines and in line with established operating policies and procedures Apply TD's risk management strategy (credit and operational) and implement/operate systems to identify and mitigate operational risk issues, escalate non-standard high-risk transactions/ activities as necessary, and maintain a culture of risk management and control supported by effective processes in alignment with risk appetite Ensure employees are knowledgeable and assume responsibility to minimize operational and regulatory risk by complying with Bank and Industry Code of Conduct Understand changing market conditions, remain knowledgeable of relevant industry issues and coach the team to build collective business and technical acumen EMPLOYEE / TEAM Cultivate and model the Colleague Promise to support colleague growth, and a culture of care; make an impact at work and in our communities by leading with authenticity and supporting well being to represent TD's brand Connect the alignment of colleague's contributions with the TD Shared Commitments Build and retain an engaged and diverse team that embraces diversity of thought, creativity and curiosity; where every colleague and customer are valued, respected, and listened to; committed to a common goal and collaborate to move with speed and get things done Demonstrate inclusive leadership by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity, including those from underrepresented communities, being actively anti-racist, attracting and retaining diverse slate of candidates, nurturing mutual respect, inclusivity of thought and collaboration to drive successful results Sustain, identify strong talent, recruit and develop a diverse talent pipeline of qualified workforce to innovate and maximize individual strengths to lead to a better business outcome Enable colleague growth by encouraging colleague development to achieve career and business objectives; ensuring timely feedback, motivating appreciation and recognition to all colleagues Enable a continuous learning culture by proactively seeking, listening to and actioning feedback from peers and from colleague listening opportunities to continuously improve the colleague experience and grow your personal leadership Foster an environment that promotes sharing of knowledge, information, skills, and subject matter expertise among the team; ensure timely management and escalation of issues and create opportunities to collaborate with other functions and teams Lead your team through change and create an environment where teams feel psychologically safe to challenge current practices by modeling resiliency and flexibility, communicating a compelling vision with clarity and empowering colleagues to drive innovation Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area or field of specialty that drive results Develops annual and/or long-term plans for own area that are aligned with enterprise-wide priorities, reinforcing a focus on results that align to One TD Foster a high-performance culture by setting team targets and objectives, promoting and facilitating on-going feedback/coaching and conducting Quarterly Check-Ins for all colleagues to drive accountability and business results Manage employees in compliance with all human resources policies, procedures and guidelines of conduct BREADTH & DEPTH Oversee, lead, and coach a team of commercial credit analysts and customer service officers while growing talent, developing skills and capabilities to achieve career goals and business results Oversees credit management function for moderate to highly complex commercial accounts Provides coaching, mentorship and guidance within area of expertise Manages and oversees the overall discipline and strategy for the respective areas while aligning to the enterprise best practices Strategic partner to leadership team on the management of the portfolio and unit profitability and accountability, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and identifying operational efficiencies and opportunities with other business management / enterprise areas Involved in key strategic discussions related to strategic roadmap and/or deliverables/ frameworks/ short to long term goals etc. Set operational team direction and collaborate with others to execute on unit goals Focus on longer-range planning for business area (e.g. 12 months or greater) Generally, reports to the Unit Leader EXPERIENCE & EDUCATION Undergraduate/Graduate degree and/or 10+ years of relevant experience 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 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 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. 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 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

What you’ll do

Lead a team of Credit Analysts to ensure business results, professional development, and the achievement of customer experience targets. Manage the overall credit portfolio by ensuring structured deals meet risk policies and providing guidance on complex credit requests.

Requirements

Requires an undergraduate or graduate degree along with 10+ years of relevant experience in credit management. Candidates must demonstrate strong leadership, risk assessment capabilities, and deep industry knowledge.

Benefits

• Health and well-being benefits • Savings and retirement programs • Paid time off • Banking benefits and discounts • Career development • Reward and recognition programs

Listed skills

• Mentorship · Preferred
• Regulatory Compliance · Preferred
• Risk Management · Preferred
• Coaching · Preferred
• Team Leadership · Preferred
• Financial analysis · Preferred
• Business development · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Credit management
• Team leadership
• Credit analysis
• Risk management
• Coaching
• Portfolio management
• Strategic planning
• Financial analysis
• Customer experience
• Relationship management
• Regulatory compliance
• Operational risk
• Mentorship
• Business development
• Credit structuring
• Customer Experience Improvement
• Credit Application Review
• Talent Pipelining
• Influencing Skills
• Continuous Development
• Strategic Roadmaps
• Influencing Without Authority
• Relationship Management
• Inclusive Leadership
• Accountability
• Sales Prospecting
• Regulatory Risk
• Business Objectives
• Curiosity
• Time Off Management
• Resilience
• Risk Policies
• Business Results
• Strategic Prioritization
• Planning
• Goal Setting
• Risk Management Strategies
• Banking
• Financial Institution
• Business Credit Reports
• Management
• Business Planning
• Investments
• Customer Service
• Communication
• Training And Development
• Creativity
• Credit Management
• Discounts And Allowances
• Due Diligence

Job areas

• Finance & Accounting
• Management & Leadership
• Customer Service & Support
• Credit Manager
• Credit and Loans Officers
• Credit Analysts