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:
Reporting to the TDEF Senior Credit Manager, LRG and EMG, this role offers the opportunity to become a key subject matter expert in the equipment and machinery financed by TD Equipment Finance (TDEF). Working closely with TDEF Sales and Credit teams, the Senior Asset Manager plays a meaningful role in supporting sound credit decisions across Canada by providing expert equipment valuation analysis, including Fair Market Values (FMV), Orderly Liquidation Values (OLV), Net Collateral Values (NCV) and Residual Values (RV). The role also provides important support to the Loan Recovery Group (LRG) and Collections team, while contributing to portfolio-level reporting and insights that help manage risk and support business growth.
KEY ACCOUNTABILITIES:
Lead equipment valuation activities in support of residual portfolio management, remarketing and analysis within the non-standard credit addendum.
Conduct valuations across a broad range of equipment using established tools, including collateral matrices, internal and external sales comparables and industry contacts, to support lease/loan transactions and booked residual positions.
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Review and validate equipment values in third-party appraisal reports, and manage appraisal engagements for new originations and distressed assets.
Maintain a strong market perspective on equipment trends, secondary markets and industry conditions, with a heightened understanding of the equipment finance market and the industries within the portfolio, to provide value-added advice to clients while helping mitigate risk to the Bank.
Implement and update NCV Curves and Depreciation Tables by collateral type for credit adjudication purposes.
Maintain and update collateral grid tools used to determine equipment values for new originations.
Conduct market, industry and asset research to support the business, while delivering exceptional customer service and contributing to continuous improvement of the customer experience.
Provide expert opinion on external appraisals received and help translate asset insights into practical credit and risk recommendations.
Develop proficiency with internal applications such as BBHub, JIRA and EKIP.
Contribute to business objectives by providing strong customer service, risk support and asset expertise that help increase profitability and enable business growth.
Support operational excellence by executing business processes and procedures in a timely, accurate and consistent manner.
Protect the interests of the organization by identifying and managing risks, and escalating non-standard or high-risk activities as necessary.
Perform the necessary due diligence to support the accuracy of customer transactions and activities.
Promote a culture of risk management and control, supported by effective processes aligned with the Bank’s risk appetite. Help minimize operational and regulatory risk by complying with the Bank and Industry Code of Conduct.
Stay current on emerging issues, market trends and evolving regulatory requirements, and assess potential impacts on the business. Enhance knowledge and expertise by keeping current on tools and techniques, and participating in knowledge transfer within the team and business unit.
Contribute to team success by assisting others in the completion and performance of work activities, and by providing training, coaching and guidance as appropriate.
Remain accountable for individual work while coordinating processes and information effectively across related teams.
Deliver assigned initiatives, projects and programs with guidance from management.
EXPERIENCE & EDUCATION REQUIREMENTS:
Undergraduate degree
5+ years of relevant experience
Additional training and credentials would be an asset, such as American Society of Appraisers (ASA, ARM, AM, etc.) and/or training with the Canadian Personal Property Appraisers Group (CCPAG).
Proficiency with applications like Excel, Word, Outlook and PowerPoint.
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.)
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