Role Type:
Masters and Advanced Degrees
Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Pay Details:
$98000 - $98000 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.
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 productivity
- Identify/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 confidentiality
- Invest in personal development and growth; you value and actively seek constructive feedback
- Develop breadth of experience in core Treasury disciplines
Cultivate Our Culture of Care:
- Represent Treasury on cross functional/cross product working groups, projects and forums
- Liaise between internal stakeholders (business, accounting, risk, legal and tax) and external advisors where appropriate
- Build a wide network between Finance, Treasury and broader TD teams
- Participate in specialized programming
- Structured 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 activities
- A high degree of numeracy and comfort with financial and quantitative analysis, including modeling and/or hedging
- A quantitative mindset committed to pursuing a career in Treasury and Balance Sheet Management
- A sharp eye for process simplification, automation and innovation; can dig through voluminous data
- Strong technology user; early adopter and can learn new tools quickly
- Understands financial markets and instruments, financial engineering, financial institution operations, bank product structure, pricing and transfer pricing, legislative and/or regulatory environments
- Self-starter and independent thinker with proven strong problem-solving skills, analytical capabilities and organizational skills
- Strong 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 field
- Professional designations are assets (e.g., CFA, CPA, FRM, etc.)
Applications:
This is a Toronto-based 2-year rotational program (Toronto, Ontario, Canada) which starts in Summer 2027.
Applications must include (applications without the below will not be reviewed):
- Transcripts
- Cover letter (one letter-sized page only)
- Resume (two letter-sized pages only) - include graduation month and year and program
KEY DATES:
Key Dates
Information Session (Toronto, in-person) September 15, 2026 (by invite)
Information Session (virtual) September 16, 2026 (link below)
Link >>
Business Interviews (if selected) October 5 – 9, 2026 (Toronto, in person)
Interview Superday (if selected) October 26, 2026 (Toronto, in person)
Posting Close date:midnight Sept 18, 2026
Start date: Summer 2027, candidates must have graduated prior to start (excluding convocation)
We welcome all applications but can only respond to candidates selected for an interview. We thank all applicants for their interest!
