TBSM Asset & Liability Management Intern/Co-op ( Fall 2026 )

TD Bank View all jobs

  • Toronto, ON
  • $45,700-74,400 per year
  • Training
  • Full-time
  • 3 days ago
Role Type: Internship/Co-opWork Term: Fall/Term 1Work Location: Toronto, Ontario, CanadaHours: 37.5Pay Details: $45,700 - $74,400 CADTD 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 OVERVIEWCo-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 DESCRIPTIONThe Asset Liability Management (ALM) team within TBSM is responsible for designing strategies to hedge non-trading market rate risk in the Bank. The team also partners with the Market Risk Measurement and Analytics (MRMA) team and the ALM Methodologies Team to ensure appropriate measurement of market risk in the banking book.
  • Development and performance of effective ALM management strategies
  • Development and performance of effective Hedge Accounting strategies
  • Design of the target interest rate and foreign exchange sensitivity profile
  • Development and maintenance of the Non-Trading Market Risk policy framework
  • Ensuring appropriate measurement of non-trading market risk
  • Regulatory and Management non-trading market risk reporting.
JOB REQUIREMENTSWe’re proud to work with a group of diverse colleagues. If you have relevant experience that isn’t mentionedbelow, tell us about it in your resume or cover letter.
  • Currently enrolled in an in Finance, Accounting, Economics or Math
  • Must be enrolled in an undergraduate degree with the intent of going back to school at the start of your work term (requirement of all co-op/intern positions)
  • Risk monitoring/reporting and preparation of management reporting activities – daily/monthly - 30%.
  • Management of the ALM Documentation Inventory – monthly – 20%.
  • Maintenance of the ALM Sharepoint and Confluence Page – monthly – 20%.
  • Coordination and management of Non-Trading Market Risk Committee materials and deck preparation – monthly – 20%.
  • Following up on various deliverables due by stakeholders – monthly 10%.
  • Advanced knowledge of Excel and Power Point, and a working knowledge of SQL.
  • Must have excellent verbal and written communication skills.
  • Must have an ability to work well both individually and in team setting.
  • Must be able to think conceptually (“out-of-the-box”) and have a high degree of attention for detail.
  • Good knowledge and understanding of the capital markets and the products traded on the capital markets (bonds, bills, mortgage-backed securities, derivatives, etc.)
ADDITIONAL INFORMATIONAdd if applicable: Please note that this is a general posting. If you are selected for an interview, more information regarding which business group and the specific job duties will be provided.
  • This position is a 4-month work term and will commence September 8th to December 18th, 2026.
  • 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.
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 colleaguesneed to thrive both at work and at home.Colleague DevelopmentIf 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 toan 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 coachand inspire your colleagues, there are many different career paths within our organization at TD – and we’recommitted to helping you identify opportunities that support your goals.Training and OnboardingWe’ll provide in-person training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.Interview ProcessWe’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes toall applicants by email or phone call.HOURSMonday-Friday, standard business hoursINCLUSIVENESSAt 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 AreTD 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 PackageOur 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.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 DevelopmentIf 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.) 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

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