Role Type:

Work Term:

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

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

TD Bank's Treasury and Balance Sheet Management (TBSM) team is a recognized global leader in asset and liability management. We also drive shareholder value by managing wholesale funding programs, maintaining a comprehensive and disciplined funds transfer pricing framework and developing strategies for the enterprise investment portfolio and capital positions to ensure TD can generate stable and predictable earnings while optimizing the balance sheet within our risk appetite. TBSM has over 250 professionals providing expertise in managing the bank's balance sheet to drive incremental value across all of TD's businesses.

Depending on business requirements, a co-op or intern placement could take place in one of the following areas:

• Market Risk Measurement & Analytics : Measure, manage and hedge the interest rate, foreign exchange and equity risk associated with non-trading products on TD's $1.2 T balance sheet

• Funds Transfer Pricing : Ensure that all non-trading products and businesses are measured on a fully hedged and liquidity premium adjusted basis to accurately reflect the economic profit

• Investment Portfolio Management : Execution of hedging and investment portfolio management in support of the Bank's asset and liability management strategies

• Enterprise Capital Management : Establish a management framework for the efficient and prudent management of TD's capital position while optimizing shareholder's return on capital

• Wholesale Funding : execute and manage term funding transactions and programs for TD Bank, including senior unsecured debt, covered bond and secured funding through Asset and Mortgage Backed Securities channels

• Liquidity Risk Management : measure and manage changes in TD Bank's cash flows, collateral pledging requirements and funding needs to ensure adequate liquidity level while minimizing funding costs

Co-op and Internship opportunities allow you to gain valuable work experience across a number of the businesses at TD. You will work with experienced colleagues, receive world class training, and be part of a community of students across TD, where you will have an impact, grow as individual and experience our culture of care.

Our Co-op/Intern Programming is offered with select Co-op and Internship roles and is designed to help you better understand the TD business, build on critical career capabilities, and broaden your professional network. This program is designed to complement your on-the job experience and features:

• Leadership talks with key Leaders from across the organization

• Lunch and Learns on topics such as Innovation

• Diversity and Inclusion and Personal Branding and so much more

JOB DESCRIPTION

This role in TBSM will not only provide you introductory experience in a professional setting, you will also be equipped with skills and experiences that contribute to the completion of your studies and prepare you to build a career in your chosen discipline. Example accountabilities include:

• Support day to day operational requirements which could include report preparation, or deck preparation

• Produce business specific-reporting packages tailored to the needs of Product and Finance users

• Participate in project and process improvements or automation initiatives

• Research and respond to ad-hoc analysis and queries from management and/or other stakeholders including front office and Finance

This internship opportunity will provide the successful candidate with the following opportunities for growth and leadership:

• Enhance your communication skills through written presentations of complex analysis and presenting your work to stakeholders

• Gain deeper understanding for strategic decisions regarding Treasury and how these decisions are interrelated

• Influencing partners and stakeholders and negotiating solutions that are in the best interest of the Bank

• Potential to represent TBSM at key stakeholder meetings

• Support enterprise strategy with confidential analysis for TD businesses

• JOB REQUIREMENTS

• Currently enrolled in third or fourth year of an undergraduate degree in Finance, Accounting, Analytics, Data, Business/Commerce or related field, with the intent of going returning to school

• Familiarity with using MS Office suite and SQL for data retrieval and analysis

• Ability to translate data into narrative (demonstrated strong analytical abilities)

• Quick to learn and apply new concepts

• Ability to take initiative and balance multiple tasks

• High level of engagement and curiosity required (incl. how products work, factors contributing to results, data flow/ spreadsheet audit)

• Excellent interpersonal skills and able to work in teams as well as independently with tight timeline

Familiarity with the below concepts would be considered an asset:

• Bloomberg Data Retrieval/Analysis

• The features and characteristics of banking and capital markets products

• Interest rate/Capital Markets environment

• Basic understanding of risk management concepts and applications

• Database structures, systems and processes associated with product margin measurement and management

• Advanced data analytic and visualization tools i.e. Alteryx, Tableau, R, Python

ADDITIONAL INFORMATION

• This position is a 4-month work term and will commence September 3rd - December 20th 2024

• Applications must include a transcript, cover letter (one letter-sized page or less) and a resume (maximum of 2 pages).

• We welcome all applications; however, we will only contact qualified candidates chosen for an interview. Thank you for your interest.

• TD requires employees to reside in the country where the role is located, irrespective of remote working arrangements

• TD is committed to providing you with the best candidate experience and internship in these unique circumstances. As such, work location and start dates are subject to change.

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 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 (http://www.td.com/ca/en/about-td/who-we-are/benefits-of-working-at-td)

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

Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement:

N/A.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.