Role Type:

Masters and Advanced Degrees

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Pay Details:

$98,000 - $98,000 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

Treasury and Balance Sheet Management (TBSM) at TD is a recognized global leader in asset and liability management. We're perceptive and nimble; accuracy makes us want to throw confetti in the air (figuratively speaking, mostly) and we're looking for advanced graduates like you to join our Treasury Associate Program.

At TBSM, we drive shareholder value by managing wholesale funding programs, maintaining a comprehensive and disciplined funds transfer pricing framework. We also develop 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.

Our department is made up of over 250 dynamic professionals who provide expertise in managing the bank's balance sheet to drive incremental value across all businesses within TD.

If we're speaking your language, read on to learn about our Treasury Associate Program for exceptional graduates.

JOB DESCRIPTION

About The Program

If you hold a graduate degree, have a data-driven mind for finance and can't resist a good puzzle, we want you on our leadership track.

The Treasury Associate Program is twofold, beginning with comprehensive training delivered by both Treasury and Balance Sheet Management (TBSM) subject matter experts, as well as external presenters, to provide you with a solid foundation of key TBSM risk concepts and practices.

The 2-year rotational program provides Associates with the opportunity to rotate across four distinct areas every six months to learn, grow and add lasting value. The program is designed to provide exposure to the fundamental areas of Treasury and each six-month rotation may be in the following potential areas*:

Funds Transfer Pricing (FTP): Support detailed ad-hoc analysis, portfolio deep dives, document workflow and develop conclusions or recommendations linked to improving risk management and transfer pricing methodologies.Enterprise Capital Management (ECM): Support the core capital forecasting and planning mandate within ECM. This might include partnering with multiple stakeholders to inform conversations at management meetings regarding capital, as well as ad-hoc projects.Funding: Learn about the funding programs of TD: various funding products, market dynamics and the execution process through supporting the launch of new programs into new markets, developing new dashboards, peer bank competitive analysis and helping to enhance deal execution process.Liquidity: Develop a better understanding in Liquidity and Cash Management by supporting regular Liquidity logic upgrades and technology automation activities; support the identification, measurement, forecasting and monitoring of liquidity risks within the Canadian Retail Bank, Wholesale, and at an aggregate TD Bank Group level.

*Rotation opportunities are subject to change without notice to ensure they align with business priorities; however, talk to us if you're keen to learn from some teams over others.

Here's what you can expect as our Associate:

Each rotation is likely to consist of a combination of project-based and reporting (attribution) work. As you progress through the program, you'll gain valuable experiences in strategic decision making and industry leading risk management and portfolio management practices, allowing a holistic view of balance sheet management by the end of the program.

Mentorship is a big part of this program. You will be supported by a robust team of colleagues, peers, advisors and Executive mentors to ensure your growth, development and success.

As a TD Associate, you'll also have access to programming, tools and a community of support for your pursuits and interests beyond the 9-to-5. This includes leadership talks, lunch and learns, self-development workshops, TD sponsored conferences, socials, team challenges, volunteer opportunities, career coaching and more.

Your dream career in Balance sheet management starts with TD:

The Treasury Associate Program develops leaders who specialize in Treasury and Balance Sheet Management at TD using sophisticated and complex hedging strategies and superior execution of financial derivatives.

We seek sharp minds who enjoy solving complex financial problems in a regulated industry. We want dynamic individuals who take initiative and are passionate about simplification and improving processes. Our ideal candidates have creative new perspectives, and the confidence to share them with senior management.

Does this sound like you? Keep reading.

What You'll do

No matter where you work at TD you'll make a meaningful impact, grow your skills and thrive in our culture of care. Here's what that means for each rotation in the Treasury Associate Program:

Make an Impact:

Develop detailed, accurate and timely financial reporting and forecasts supported by insightful commentary using MS Excel, Power Pivot-Query-Automate, Access, Tableau, Alteryx, etc.Use key financial, data and project tools to ensure success, efficiency and productivityIdentify/implement process improvements to automate, streamline and increase accuracy of data analysis to influence material financial decisions

Experience Growth:

Work with key business partners on hedging, new product offerings, pricing decisions, etc.Manage and prioritize multiple projects, working with discretion and confidentialityInvest in personal development and growth; you value and actively seek constructive feedbackDevelop breadth of experience in core Treasury disciplines

Cultivate Our Culture of Care:

Represent Treasury on cross functional/cross product working groups, projects and forumsLiaise between internal stakeholders (business, accounting, risk, legal and tax) and external advisors where appropriateBuild a wide network between Finance, Treasury and broader TD teamsParticipate in specialized programmingStructured training and workshops to develop core competencies

Job Requirements

What You Need to Succeed

We’re proud to work with a group of diverse colleagues. If you have relevant experience that isn’t mentioned below, tell us about it in your resume or cover letter.

Qualifications and Skills:

Some of these skills may stem from academic work or former jobs:

Record of excellence in academics balanced with a range of extracurricular activitiesA high degree of numeracy and comfort with financial and quantitative analysis, including modeling and/or hedgingA quantitative mindset committed to pursuing a career in Treasury and Balance Sheet ManagementA sharp eye for process simplification, automation and innovation; can dig through voluminous dataStrong technology user; early adopter and can learn new tools quicklyUnderstands financial markets and instruments, financial engineering, financial institution operations, bank product structure, pricing and transfer pricing, legislative and/or regulatory environmentsSelf-starter and independent thinker with proven strong problem-solving skills, analytical capabilities and organizational skillsStrong technical proficiency with various tools and systems (Bloomberg, SQL, Confluence, Jira, Advanced Excel, Alteryx, Tableau, PowerBI, VBA, R, Python and other relevant tools.

ADDITIONAL INFORMATION

Specific Educational Requirements, Accreditations and Experience:

Graduate degree within the last two years, or are completing a graduate degree in a quantitative discipline (Finance, Economics, Mathematics, Engineering, Statistics, Data, etc.) or a Master of Business Administration (MBA)At least 3 years' work experience post-undergraduate degree with increasing responsibilities in a related fieldProfessional designations are assets (e.g., CFA, CPA, FRM, etc.)

Applications:

This is a Toronto-based 2-year rotational program (Ontario, Canada) which starts in Summer 2026.

Applications must include (applications without the below will not be reviewed):

TranscriptsCover letter (one letter-sized page only)Resume (two letter-sized pages only) - include graduation month and year and program

KEY DATES

Posting Close date: September 26th

Start date: Summer 2026, candidates must have graduated prior to start (excluding convocation)

Virtual Information Session: September 11th

Want to learn more? Join our virtual information session to hear from our Finance partners and Associates in the program. Register here: https://tdbg.webex.com/weblink/register/r99df7c09652bd38019ff6bd6bad56d30 

We welcome all applications but can only respond to candidates selected for an interview.  We thank all applicants for their interest!

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.

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!

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