Associate - CIB Credit - Energy, TD Securities
TD Bank · Houston, United States · 1d ago
Work Location:
Houston, Texas, United States of AmericaHours:
40Line of Business:
Credit ManagementPay Detail:
$175,000 - $200,000 USDTD 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:
Associates in our CIB Credit groups are involved with the structuring, execution and monitoring of debt transactions (e.g. corporate revolvers, term loans, bridge loans and acquisition financing) from inception through closing. Working with clients across the oil and gas spectrum, spanning upstream, midstream, downstream, oilfield services, chemicals, as well as renewables, you will gain exposure to different business models and industry dynamics in the US market.
In this capacity you will:
• Analyze deal structures and terms and assist with deal negotiations and documentation;
• Analyze the engineering data of oil and gas producers, and develop reserve models to evaluate company assets and determine debt capacity and appropriate capital structures;
• Create detailed models to project clients’ future cash flows and credit ratios;
• Gather and analyze trends in qualitative and quantitative data such as oil & gas price dynamics, oil & gas producer cost structures, midstream takeaway capacity, and the impact of commodity prices and oil & gas production levels on midstream and refining clients;
• Spread and monitor clients’ historical financial performance;
• Prepare and present credit recommendations for new and existing energy clients;
• Compile data through due diligence and prepare comprehensive credit reviews that analyze transactions and client risks; and
• Prepare client presentations.
Qualifications: Undergraduate degree preferably in Business (Accounting or Finance) or Mathematics/Economics with a combination of strong financial/analytical skills, excellent verbal and written communication abilities, and strong attention to detail. At least 4-5 years of corporate credit experience in a portfolio management, underwriting, or corporate banking role in Energy. Demonstrated aptitude for quantitative and qualitative analysis including financial statement analysis, financial modeling, and company / industry analysis. A successful candidate is a self-starter who can excel in a fast-paced work environment, and is an effective team player.
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.