Treasury Intern/co-op - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Role Type:

Work Term:

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Pay Details:

DEPARTMENT OVERVIEW
TD Bank's Treasury and Balance Sheet Management (TBSM) team is a recognized global leader in asset and liability management.

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

TBSM has over 250 professionals providing expertise in managing the bank's balance sheet to drive incremental value across all of TD's businesses.

Depending on business requirements, a co-op or intern placement could take place in one of the following areas:

Market Risk Measurement & Analytics: Measure, manage and hedge the interest rate, foreign exchange and equity risk associated with non-trading products on TD's $1.2 T balance sheet

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Funds Transfer Pricing: Ensure that all non-trading products and businesses are measured on a fully hedged and liquidity premium adjusted basis to accurately reflect the economic profit
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Investment Portfolio Management: Execution of hedging and investment portfolio management in support of the Bank's asset and liability management strategies
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Enterprise Capital Management: Establish a management framework for the efficient and prudent management of TD's capital position while optimizing shareholder's return on capital
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Wholesale Funding: execute and manage term funding transactions and programs for TD Bank, including senior unsecured debt, covered bond and secured funding through Asset and Mortgage Backed Securities channels
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Liquidity Risk Management: measure and manage changes in TD Bank's cash flows, collateral pledging requirements and funding needs to ensure adequate liquidity level while minimizing funding costs

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
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 DESCRIPTION
This role in TBSM will not only provide you introductory experience in a professional setting, you will also be equipped with skills and experiences that contribute to the completion of your studies and prepare you to build a career in your chosen discipline

Example accountabilities include:

Support day to day operational requirements which could include report preparation, or deck preparation
Produce business specificreporting packages tailored to the needs of Product and Finance users
Participate in project and process improvements or automation initiatives
Research and respond to adhoc analysis and queries from management and/or other stakeholders including front office and Finance
Enhance your communication skills through written presentations of complex analysis and presenting your work to stakeholders
Gain deeper understanding for strategic decisions regarding Treasury and how these decisions are interrelated
Influencing partners and stakeholders and negotiating solutions that are in the best interest of the Bank
Potential to represent TBSM at key stakeholder meetings
Support enterprise strategy with confidential analysis for TD businesses

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JOB REQUIREMENTS

Currently enrolled in third or fourth year of an
undergraduate degree in Finance, Accounting, Analytics, Data, Business/Commerce or related field, with the intent of going returning to school
Familiarity with using MS Office suite and SQL for data retrieval and analysis
Ability to translate data into narrative (demonstrated strong analytical abilities)
Ability to take initiative and balance multiple tasks
High level of engagement and curiosity required (incl. how products work, factors contributing to results, data flow/ spreadsheet audit)
Excellent interpersonal skills and able to work in teams as well as independently with tight timeline

Familiarity with the below concepts would be considered an asset: