Credit Risk Specialist

Work Location:
Dublin, Ireland

Hours:
35

Line of Business:
Risk Management

Pay Details:

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.

Job Description:

Department Overview:

The Credit Risk Management team contributes to the successful achievement of business and strategic objectives of TD Global Finance ("TDGF") by providing credit risk expertise and oversight, and enabling the business and corporate support functions to effectively manage their credit risk exposures to an acceptable level.

Job Accountabilities:

The TDGF Credit Risk Specialist will support the TDGF Credit Risk Manager and CRO in the management of TDGF's Credit Risk.

• Provide accurate, complete, objective assessment of all key credit risks in TDGF through the identification, understanding and control of these risks
• Responsible for local approval of TDGF credit limits and reviews (within their authority limit) in addition to the TD Bank Group credit adjudication process, including:
  • Verifying that risk ratings are assigned accurately
  • Playing a consultative and advisory role by sharing specialised knowledge and providing reasons/logic for own or bank decisions
  • Developing and maintaining sound knowledge of specific industries, and of the related appropriate lending structures
  • Keeping abreast of market and competitive forces in Europe, North America and internationally
  • Initiating appropriate action on major accounts where the risk to the bank is deteriorating
• Support the TDGF Credit Risk Manager and CRO in the expansion of 2nd line Credit Risk Management activities to support strategic growth and development of TD Securities' European business
• Assist in the specification of entity-specific credit risk limits for TD Securities' European business
• Support the risk assessment process and development of the risk appetite statement for credit risk
• Support the TDGF Credit Risk Manager in verifying that global credit policies, procedures and associated models are appropriate to the operations of TDGF and TD's European strategy
• Responsible for the timeliness and accuracy of local credit risk reporting of credit exposures and credit risk management activities, providing ad-hoc bespoke reporting on specific sectors or portfolios when appropriate
• Provide analysis, interpretation and consolidation of credit risk reporting and outputs for submission to TDGF Senior Management and Committees
• Review breaches of credit risk limits, ensuring any limit exceptions are escalated and actioned appropriately
• Monitor European regulatory requirements with regard to credit risk, communicating any changes or potential compliance gaps relevant to TDGF to the TDGF Credit Risk Manager
• Support the TDGF Credit Risk Manager and CRO in regulatory engagement, queries and remediation activities
• Provide specialised knowledge on European regulatory requirements with regard to credit risk and related activities, ensuring applicable policies and procedures remain compliant at all times
• Contribute to TDGF's capital management activities, including Large Exposure and economic capital considerations
• Engage with TDBG management teams and forums to develop and maintain sound knowledge of counterparty credit risk management including stress testing, margin period of risk and wrong way risk, providing specialist knowledge with regard to the impact on TDGF, or European regulatory considerations where appropriate
• Support the TDGF Credit Risk Manager in the management of concentration risk in TDGF including country risk, industry risk, and counterparty group exposure in the portfolios in accordance with policy, with particular regard to local legal entity capital management and related reporting considerations such as Connected Clients and Large Exposure management
• Provide oversight, monitoring, control and challenge of outsourced credit risk activities
• Responsible for good conduct and for contributing to the identification and management of Conduct Risk within the Risk Management function

Key Responsibilities and Accountabilities:

• Manage the timely and efficient flow of local credit approval requests for limits, reviews, breaches, policies and procedures
• Manage timely and accurate local credit risk reporting in line with credit policy requirements as well as ad-hoc requests when appropriate
• Develop and maintain excellent understanding of all policies relating to all products and services with inherent credit risk
• Monitor the effectiveness of risk policies and procedures, including compliance with European regulatory requirements
• Be a trusted advisor and first point of contact on legal entity credit risk queries and requirements for the European business

Skills and Experience:

• Business Acumen - a strong understanding of both capital markets activities and commercial/wholesale lending, with demonstrated experience of over 7 years in credit analysis and/or credit risk management within the Financial Institution, Corporate, Sovereign, Supranational, and Agency segments
• Relationship Building - demonstrated ability to develop and maintain strong relationships with internal partners and business segments
• Expertise in European Regulation - previous experience in regulatory interactions and reviews is an advantage
• Execute with speed - ability to manage details but can filter out extraneous information and efficiently move requests through the credit decisioning process
• Attention to detail - ability to manage and monitor policy and regulatory requirements for a wide range of credit risk activities is essential
• Strategic Thinking - motivated to continuously find ways to assess risks, enhance capabilities and processes, and generally strive to do things better
• Impact and Influence - proven leadership and ability to effectively collaborate, manage stakeholders and impact and influence others
• Organisational Awareness - knowledge in how to engage within a large organisation to get things done

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition programs.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

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

If you require an accommodation for the recruitment / interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

Client-provided location(s): Dublin, Ireland

Job ID: TD_bank-R_1444936

Employment Type: FULL_TIME

Posted: 2025-09-12T23:40:28