Market Risk Summer Associate

Role Type:
Internship/Co-op

Work Term:
Summer/Term 3

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Pay Details:
$46,000 - $46,000 CAD

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:

DEPARTMENT OVERVIEW

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 Momentum Program 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

For TD Bank to grow profitably, it must selectively take and manage risks. TD recognizes that a strong risk culture and approach to risk management is fundamental to our success.

The Market Risk team is responsible for the independent measurement, monitoring and challenge of enterprise wide market risk, liquidity risk, counterparty credit risk, as well as collateral management activities in support of TD's Risk Appetite. We have a global presence with teams in Toronto, Calgary, New York, Singapore, Dublin and London.

At Market Risk, we know that our people are our greatest asset, and we support and develop them by fostering respect, inclusion and diversity; embracing innovation; empowering individuals; encouraging collaboration; providing ongoing coaching; and promoting continuous learning.

You will be part of a high performing team of risk professionals, where you will have the opportunity to broaden and deepen your understanding of risk disciplines and make an impact.

JOB DESCRIPTION

The Market Risk Summer Associate Program is a four-month program that introduces risk management in capital markets. The Program consists of a single placement in one of the following areas:

• Trading Market Risk, including measurements of Market Risk Capital
• Non-Trading Market Risk
• Liquidity Risk
• Collateral Management
• Counterparty Credit Risk Reporting
• Governance and Control functions

Associates are a key talent pipeline for Market Risk, and Summer Associates will have the opportunity to secure a full-time role in the Market Risk Associate Program upon graduation. To support their career development, Associates have access to programming and tools including lunch and learns, workshops, mentoring and networking events.

Job responsibilities include, but are not limited to the following:

• Perform reporting and monitoring accurately and timely.
• Investigate, escalate, and resolve exceptions in accordance with Risk policies.
• Prepare analysis and commentary on the business and market drivers and present to management and stakeholders.
• Collaborate and communicate with the team to meet deliverables and deadlines.
• Investigate, escalate, and resolve operational issues as required.
• Execute controls to mitigate operational risk.
• Perform ad hoc analysis as required.
• Foster respect, inclusion, and diversity.

JOB REQUIREMENTS

• Currently enrolled in an undergraduate degree in a Business, Mathematics, or other relevant discipline
• Must be enrolled in an undergraduate degree with the intent of going back to school at of the start of your work term
• Self-motivated to investigate and independently solve problems.
• Ability to organize, analyze and understand large data sets.
• Capability to summarize and communicate results and issues in a clear, concise and timely manner.
• Capability to manage multiple deadlines and priorities in a fast paced and complex environment while maintaining attention to detail.
• Strong desire to learn new things and develop an end to end understanding of processes.
• Ability to work effectively within a team, with other teams and independently to meet business objectives.
• Keen interest in the risk management field and capital markets.

ADDITIONAL INFORMATION

• This position is a 4-month work term and will commence May 1st - August 22nd, 2025 .
• 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.

HOURS

Monday-Friday, standard business hours

INCLUSIVENESS

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. 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.

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

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. 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 (Quebec only):
Sans Objet