Vice President - CIB Credit - Energy TD Securities

Work Location:

Houston, Texas, United States of America

Hours:

40

Line of Business:

Credit Management

Pay Detail:

$200,000 - $225,000 USD

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 Securities provides a wide range of capital market products and services to corporate, government and institutional clients.  The firm works with clients around the world, focusing selectively and strategically on the key financial centers: New York, Houston, Toronto, Montreal, Calgary, Vancouver, London, Singapore and Tokyo.

At TD Securities, the CIB-Credit function is an integral part of the full suite of services we offer under Corporate & Investment Banking.  Our 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, 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. 

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. 

In this capacity you will:

· Prepare and recommend high-quality credit submissions for companies in the energy industry including oil & gas producers, midstream, downstream, and chemicals.

· Lead due diligence and oversee the research and analysis of clients’ financial performance.

· Construct or oversee building of detailed models that establish suitable capital structures and financial covenants.

· Conduct market, industry, and client research in support of the ongoing risk assessment process.

· Oversee and provide detailed analysis of reserve engineering data and work with TD’s external engineer to ascertain proper lending capacity for upstream clients.

· Monitor the performance of assigned borrowers to ensure compliance with covenants, as well as with loan terms and conditions, and ensure that the risk ratings for the borrowers are accurate.

· Review legal documentation and ensure that it reflects the details of the credit authorization accurately.

· Work closely with Relationship Managers/Investment Banking in ensuring that the credit arrangements function effectively in line with the underlying strategy for the account, and adequately balance risk and return.

· Identify/recognize cross-sell opportunities and coordinate with other business units/product groups as appropriate.

· Ensure that TD policies and reporting requirements are met.

· Continue to build on and enhance your detailed knowledge of trends in the energy and chemicals industries.

· Participate in project working groups and/or internal committees.

· Engage with and develop junior staff to enable them to meet challenges, department objectives and achieve full potential.

· Interact with clients, lawyers, syndicate banks, and risk adjudicators.

Job Requirements:

· Undergraduate degree in Business (Accounting or Finance) or Economics.

· 5+ years of related corporate banking credit experience covering Energy and/or Chemicals.

· Demonstrated aptitude for quantitative and qualitative analysis including financial modeling and company/industry analysis.

· Strong analytical skills, excellent verbal and written communication abilities, and strong attention to detail.

Who We Are

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 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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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.

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

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com.  Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.