Director, Credit Management, TDGF

Work Location

Dublin, Ireland

35

TD Securities

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.

Director, TD Global Finance

L11

Regulated

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

This role is not in scope under the Senior Executive Accountability Regime “SEAR”.

Yes

Credit Management, TD Securities Europe & Asia-Pacific

Dublin, Ireland

Overview of key purpose and accountability of the role

The primary accountabilities of the position include dynamic monitoring of counter party performance as it relates to the assessment and management of counter party borrower risk. Recommend for approval counter party 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.

• 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 counter parties through investigating and meeting them as necessary.
• Conducting peer group, sector and country risk analysis as required to determine the acceptability of such counter parties.
• 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 counter party risk is adequately monitored with appropriate action recommended.
• Assisting in review of the TDGF counter party 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 counter party 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.

• 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…