2027 Summer Analyst – Global Transaction Banking (Toronto)

Role Type: Internship/Co-op Work Location: Toronto, Ontario, Canada Hours: 37.5 Pay Details: 100000 - 100000 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: About TD Securities and Summer Analyst Program TD Securities provides a wide range of capital market products and services to corporate, government, and institutional clients through Global Transaction Banking ("GTB"), Corporate and Investment Banking ("CIB"), and Global Markets ("GM"). The firm works with clients around the world, focusing selectively and strategically on key global financial centers: Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore, and Seoul. GTB is a key growth business within TD Securities. GTB helps corporate and institutional clients manage the financial activities that are essential to running their businesses, including cash management, trade & working capital, financial institutions, and all the corresponding product and risk functions associated with these business lines. Transaction banking is evolving quickly, driven by changing client needs, technology, geopolitical event, global trade flows, regulatory developments, and innovation across financial services. As a Summer Analyst, you will gain exposure to how GTB develops, delivers, and manages solutions that help clients manage their day-to-day financial operations, make and receive payments, finance their working capital, and facilitate their international trade. Program Overview The Global Transaction Banking Summer Analyst Program is a 16-week internship based in Toronto. The program is designed to provide students with broad exposure across GTB, including potential rotations or project work across sales, relationship management, product, risk, and strategic execution teams, subject to business needs. GTB team members deal directly with clients from the beginning of their careers and much earlier than might be the case in other business lines. This program is intended for students who are intellectually curious, adaptable, collaborative, and interested in building a foundation across the full transaction banking platform. Successful Summer Analysts may be considered for future full-time Analyst opportunities within GTB. Because full-time opportunities may be available across different GTB businesses, we are looking for candidates who are excited to learn broadly and who would welcome the opportunity to begin their career in any area of the GTB platform. Summer Analysts will gain experience through formal training, mentorship, networking opportunities, senior leader exposure, project work, and collaboration with North American and global GTB teams. What You Will Learn: As a Summer Analyst, you may gain exposure to several areas of GTB, including: Client coverage and origination: Learn how GTB coverage teams work with corporate and institutional clients to understand their treasury, liquidity, payments, trade finance, and working capital needs. Product and innovation: Support teams that develop and enhance transaction banking infrastructure and technology across payments, receivables, liquidity, trade and working capital, digital, data, and analytics. Risk and portfolio management: Learn how GTB evaluates transactions, manages portfolio considerations, supports credit requests, reviews documentation, and partners with risk and control stakeholders. Strategic execution and business management: Support research, data analysis, process improvement, reporting, presentation development, and cross-functional initiatives that connect Origination, Product, Operations, Technology, Legal, Risk, Compliance, and other partners. How You Will Contribute As a Summer Analyst, you may: Prepare client-facing and internal presentation materials. Conduct company, industry, market, product, and competitive research. Analyze client needs, transaction flows, product usage, and business opportunities. Support product teams with market research, client feedback, roadmap development, training materials, and commercialization efforts. Assist with transaction documentation, credit requests, portfolio reviews, risk reporting, and internal approval materials. Collaborate with partners across GTB, Corporate and Investment Banking, Global Markets, Operations, Technology, Legal, Risk, Compliance, and other areas of the bank. Participate in the GTB Summer Analyst group project, culminating in a presentation to senior leaders across GTB. Areas of Exposure GTB includes a broad set of businesses and functions. While specific rotations and assignments will depend on business needs, Summer Analysts may gain exposure to areas such as: Corporate Cash Management: Treasury management, liquidity, collections, disbursements, and cash management advisory for corporate clients. Financial Institutions: Payment clearing, settlement services, relationship management, and broader “One TD” coverage for financial institution clients. Trade and Working Capital: Traditional trade finance, letters of credit, guarantees, documentary collections, supply chain finance, receivables finance, and export and agency finance. Transaction Banking Product: Product strategy, development, commercialization, product roadmaps, digital capabilities, data, analytics, and client experience. Client Solutions: Cross-functional execution, business growth initiatives, process improvement, issue resolution, and coordination across internal teams. Deposits and Credit Portfolio Management: Balance sheet optimization, liquidity, capital, funds transfer pricing, regulatory considerations, and portfolio-level business analysis. GTB Risk: Front-line risk oversight, transaction review, credit support, documentation review, reporting, and portfolio risk management. What Makes This Program Different Transaction Banking is about marrying technology to the business needs of our clients. This program offers a broad view of transaction banking and the opportunity to understand how client needs, product strategy, risk management, and technology come together in a global financial institution. You will be well suited for this opportunity if you are: Curious about how companies manage cash, payments, liquidity, trade, and working capital. Interested in international commerce and collaborating with teams and clients across global markets. Interested in both client-facing advisory and product-driven innovation. Comfortable learning across different teams and subject areas. Analytical, collaborative, organized, and willing to take ownership. Excited by a role that combines finance, strategy, and technology. Open to building a career across the broader GTB platform rather than only one specific business line. Qualifications We are looking for candidates who demonstrate: Strong communication, analytical, problem-solving, and interpersonal skills. Interest in banking, finance, treasury, transaction banking, global markets, corporate strategy, technology, data, risk, or product management. Strong academic performance and intellectual curiosity. Fluency in languages other than English would be useful. Ability to work both independently and as part of a team. High ethical and professional standards. Entrepreneurial mindset, attention to detail, and willingness to learn. Leadership experience through academics, work experience, extracurricular activities, athletics, community involvement, or other pursuits. Undergraduate students with an anticipated graduation date between December 2027 and June 2028. Open to all academic disciplines. Authorization to work in Canada. Location Toronto We encourage students who are interested in treasury, payments, trade finance, working capital, product innovation, and client advisory to apply. This program is designed for candidates who want broad exposure to Global Transaction Banking and are excited by the opportunity to build a career across a dynamic and growing platform. 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 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 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. 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