Finance Intern/Co-op - Product Control Liquidity/Funding (Fall 2025)

Role Type:
Internship/Co-op

Work Term:
Fall/Term 1

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Pay Details:
$46,000 - $67,596 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 / TEAM

Product Control - Liquidity/Funding

LOCATION

TD Tower, 66 Wellington St. West, Toronto

BUSINESS/ DEPARTMENT OVERVIEW

The Wholesale Banking Finance Group is responsible for developing and delivering financial strategy, information, and management support within TD Securities (TDS). A key function within the department is the oversight and governance related to execution and reporting of fair value, in support of TD Securities' business objectives. To ensure the accuracy, valuation, and reporting of financial instruments for financial accounting purposes, the successful candidate will work with different stakeholders to ensure that business lines adhere to policies and procedures, and controls are effective.

Within Wholesale Finance, the Product Control Team supports TD Securities and is responsible for providing overall end-to-end accountability for the completeness, accuracy and timeliness of optimized processes and controls for financial reporting. Product Control is the primary point of contact on Profit and Loss, Balance Sheet, Attribution, and Independent Pricing Verification & Valuation Adjustments reporting and initiatives, exercising an in depth understanding of the products, valuations, and risks of the Business. The Product Control team provides reporting, analysis, investigation, and commentary for a wide range of TD Securities business lines including equity derivatives, fixed income, credit derivatives, commodities, foreign exchange, and more.

INTERN RESPOSIBILITIES:

Projects/ Initiatives

Liquidity and Funding Team within PC has established a daily TDS Balance Sheet to provide firm wide analytics, metrics and controls. The balance sheet has been designed in accordance to our financial published statements and provides users lineage between PSGL (General Ledger) and CDM (published financials). Through Power BI, Balance Sheet provides end users multiple visualizations supported by python scripts augmenting PSGL data via published hierarchies/mappings and financial calculations. End users include Senior Managers in Product Control, Segment Finance, Executive stakeholders and the Liquidity/Funding desk in Front Office.

Learning Proposition

The Intern will integrate within the small initiatives team with the intent to receive hands on experience of product accounting, end to end financial reporting, exposure to projects and small tech tools. Opportunity to learn first hand on daily revenue reporting at TDS while meeting/learning with colleagues across Finance and Front Office.

Research, investigation and presentation of trading desks strategies, product valuations and fair value, accounting treatment, revenue recognition, balance sheet geography, and trade lifecycle for derivatives in TD Securities (30%)

• Conduct research, investigations, prepare materials and presentations relating to TD Securities Liquidity/Funding business line. This will include research into internal funding requirements, P&L Reporting; Net Interest Income (NII); Non-Trading Market Risk (NTMR). Adhoc investigations will provide insight to product valuations and models, fair value, accounting treatment, revenue recognition, balance sheet geography, trade lifecycle and controls and more. The individual will be partnered with a Manager with subject matter expertise in the business line and have the opportunity to build networks across various teams in Finance and Accounting, Trading, Market Risk, Trade Support, and Operations.

Requirement Gathering, Testing, for enhancements. (40%)

• Participate in requirement gathering process to understand and interpret business needs - agile approach to development. Translate business needs to Python SME on the team, for ongoing development and enhancements.
• Introduction to product accounting and mechanics of the wider firm balance sheet.
• Confirm business requirements through data profiling exercises, ensuring requirements meet expected results prior to development.
• Mitigate risk from change by working closely with team manager, to formulate a thorough test plan and execute the plan. Design enhancements with an audit frame of mind - transparency to data transformation.

Knowledge Application - Identifying Value Add propositions/Executing (30%)

• Identify opportunities to establish new analytics/metrics - Create Power BI based visualizations for end users, that will be adopted within a daily or month-end reporting cycle. If capable, own the proposed metric/control end to end, including the Python coding, to be socialized, tested and implemented. Integrate metrics with a vision for hands off approach once live, supported by small tech.

REQUIREMENTS

Program requirements -

Undergraduate or graduate degree in Finance, Accounting, Mathematics (Engineering, Physics, Computer Science) or other quantitative disciplines

Technical / Soft skills requirements

• Keen interest and knowledge of capital markets, financial derivatives, derivative valuations, and accounting practices gained through academic study or practical experience.
• Strong communication (written & verbal), teamwork, and presentation skills with the ability to communicate with business partners, stakeholders, and colleagues at all levels of the organization.
• Innovative thinking and intellectual curiosity for independent research, investigation and problem solving.
• Interest in new technologies, process optimization and/or programming skillsets such as Python and PowerBI is an asset.

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