Vice President - CIB Credit - Utilities, TD Securities

Work Location

Work Location:

New York, New York, United States of America

Hours:

40 Line of Business:
Credit Management Pay Detail: $200,000 - $225,000 USD

At TD Securities, the Investment Banking Credit function is an integral part of the full suite of services we offer 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 highly focused operation, while being part of a major global investment dealer.

Confidence in our U.S. operations systems stems from the recognition of our in-depth industry knowledge and from our outstanding credit, structuring, research and distribution capabilities. At TD Securities you will continue to expand on your knowledge in the industry, gaining valuable experience while you develop into a senior banker. You will be exposed to a wide variety of clients, industries, financing structures and products.

You will also work in a team environment, building your corporate and leveraged finance banking skills necessary to be successful in the industry.

Corporate and Investment Banking – Credit – Vice President

Vice Presidents lead corporate banking transactions and work closely with the Investment Banking team and clients on newly originated transactions and refinancings, as well as with our debt capital markets, equity capital markets, syndication and risk management teams. In addition, Vice Presidents mentor junior professionals who are assigned to support them for deal execution.

• Prepare and recommend high quality credit submissions. This could be within a team, sometimes as the lead credit professional, or operating as an individual contributor.
• Lead due diligence and oversee the research and analysis of clients’ financial performance.
• Construct or oversee building of detailed models for lower rated names.
• Review legal documentation.
• Monitor assigned portfolio performance and compliance with covenants.
• Interact with senior finance professionals at our clients’ businesses and other internal teams.
• Continue to build on and enhance your detailed knowledge of trends in the Utilities industry.
• Identify/recognize cross-sell opportunities and coordinate with other business units/product groups as appropriate.
• Participate on project working groups and/or internal and external committees within a major risk category.
• Compile reports on overall business trends, risks, losses, and issues on aggregated basis and recommend management action to minimize risk exposures.
• Interact with clients and risk management.

• Undergraduate degree in Business (Accounting or Finance) or Economics 3-5 years of related credit analysis experience covering Utilities SIE, Series 7, 79, and 63

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., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. Together, we are reimagining what banking can be for our clients, colleagues…