Our programs

Investment Banking Associate – Syndicated & Leveraged Finance

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers: Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore and Tokyo.

At TD Securities, the Investment Banking Leveraged Finance function is an integral part of the full suite of services we offer under Investment Banking. Our Investment Banking professionals provide corporate clients with capital markets, banking advice and transaction execution.

TD Securities offers its U.S-based employees the advantage of working in a highly focused boutique-type operation, while being part of a major global investment dealer. Confidence in our U.S. operations systems stems from the recognition of our in-depth industry knowledge and from our outstanding credit, structuring, research and distribution capabilities.

At TD Securities, you will learn the financing business and gain a competitive advantage of your own. You will be exposed to a wide variety of clients, industries, financing structures and products. You will also work in a team environment, honing the credit and investment banking skills necessary to be a successful investment banker today.

Position

Associates are looked upon as vital resources, providing creative input in a variety of disciplines. Working under the overall direction of senior bankers you will be assigned to transactions and interact with the clients and the deals as they progress.

In this capacity you will

• Work on structuring and syndicating leveraged finance transactions
• Research and analyze clients’ financial situations, industry and market data, debt financing and merger and acquisitions
• Create complex LBO and other financing models
• Assist with client negotiations and credit documentation
• Prepare external client proposals and internal underwriting memos
• Support creation of client presentations

Qualifications

MBA graduate with a concentration in finance, along with a combination of strong financial/analytical skills, excellent communications abilities and well-developed writing proficiency. In addition, the candidate must be adept at financial modeling and valuation and work effectively in a team environment. Prior experience in investment banking is preferred but not required; however, the candidate must possess industry knowledge and an ambition for a career in investment banking.

Fixed Income Sales & Trading Analyst

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers: Toronto, New York, London and Singapore.

TD Securities offers its U.S. based employees the advantage of working in a highly focused boutique-type operation, while being part of a major global investment dealer. Confidence in our U.S. operations systems stems from the recognition of our in-depth industry knowledge and from our outstanding credit, structuring, research and distribution capabilities. At TD Securities, you will learn the financing business and gain a competitive advantage of your own. You will be exposed to a wide variety of clients, industries, financing structures and products.

Position

The Sales & Trading Group is comprised of a number of Fixed Income businesses. New analysts participate in a rotational program which will enable them to develop and hone their skill-sets by training on different desks. The desk assignments are based on business need and personal interest. Analysts join their first rotation after the training program and move to a second rotation six months thereafter. The majority of analysts are done with rotations after their second desk placement.

In this capacity you will

• Answering calls and listening in on client calls with senior salespeople
• Assisting with client needs
• Sending out research and ideas internally and externally
• Generating views and ideas about the fixed income market
• Creating and maintaining presentation materials
• Supporting senior salespeople and liaising between clients and traders
• Allocating trades and liaising with clients and internal groups to ensure all transactions meet the client’s needs
• Analytical projects and excel reporting
• Understanding risk and developing an idea of risk taking strategies
• Developing an understanding of market indicators, their impact across the yield curve and on different instruments
• Presenting research and recommendations to the trading team
• Working with the trading team on inter-day requirements
• Working with sales and other groups internally to ensure executed transactions are settled and provide further information where required
• Certain desks will have analysts work on building models and quantitative analytics, financial engineering, heavy modeling and coding are desirable skill sets for trading analysts

Qualifications

Undergraduate degree in any discipline with strong financial and analytical skills. Successful candidates must have strong communication skills, problem solving and analytical capabilities and be able to work effectively in a team environment.

Corporate Lending – Analyst

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers: Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore and Tokyo.

At TD Securities, the Corporate Lending function is an integral part of the full suite of services we offer under Investment Banking. Our Investment Banking professionals provide corporate and institutional clients with capital markets and banking advice and transaction executions worldwide.

TD Securities offers its U.S. based employees the advantage of working in a highly focused operation, while being part of a major global investment dealer. Confidence in our U.S. operations systems stems from the recognition of our in-depth industry knowledge and from our outstanding credit, structuring, research and distribution capabilities.

At TD Securities, you will learn the financing business and gain a competitive advantage of your own. You will be exposed to a wide variety of clients, industries, financing structures and products. You will also work in a team environment, honing the credit and corporate banking skills necessary to be successful in the industry.

Position

Analysts in our Corporate Lending groups are involved with the structuring, execution and monitoring of debt transactions from inception through closing. Working with clients in a variety of industries, you will gain exposure to different business models and industry dynamics.

In this capacity you will

• Spread and monitor clients’ historical financial performance;
• Create detailed models to project clients’ future cash flows and credit ratios;
• Gather and analyze trends in qualitative and quantitative data;
• Analyze deal structures;
• Prepare and present credit recommendations;
• Compile data through due diligence and prepare comprehensive credit reviews that analyze transactions and client risks;
• Assist with deal negotiations and documentation; and
• Prepare client presentations.

Qualifications

Undergraduate degree preferably in Business (Accounting or Finance) or Mathematics/Economics with a combination of strong financial/analytical skills and excellent verbal and written communication abilities. Other undergraduate majors will be considered if the candidate demonstrates the necessary skill set. Successful candidates must have the capacity to become adept at financial modeling and be able to work effectively in a team environment.

Corporate Lending – Associate

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers: Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore and Tokyo.

At TD Securities, the Corporate Lending function is an integral part of the full suite of services we offer under Investment Banking. Our Investment Banking professionals provide corporate and institutional clients with capital markets and banking advice and transaction executions worldwide.

TD Securities offers its U.S. based employees the advantage of working in a highly focused operation, while being part of a major global investment dealer. Confidence in our U.S. operations systems stems from the recognition of our in-depth industry knowledge and from our outstanding credit, structuring, research and distribution capabilities.

At TD Securities, you will learn the financing business and gain a competitive advantage of your own. You will be exposed to a wide variety of clients, industries, financing structures and products. You will also work in a team environment, honing the credit and corporate banking skills necessary to be successful in the industry.

Position

Associates in our Corporate Lending groups are involved with the structuring, execution and monitoring of debt transactions from inception through closing. Working with clients in a variety of industries, you will gain exposure to different business models and industry dynamics.

In this capacity you will

• Spread and monitor clients’ historical financial performance;
• Create detailed models to project clients’ future cash flows and credit ratios;
• Gather and analyze trends in qualitative and quantitative data;
• Analyze deal structures;
• Prepare and present credit recommendations;
• Compile data through due diligence and prepare comprehensive credit reviews that analyze transactions and client risks;
• Assist with deal negotiations and documentation; and
• Prepare client presentations.

Qualifications

MBA with a combination of strong financial/analytical skills and excellent verbal and written communication abilities. Successful candidates must have the capacity to become adept at financial modeling and be able to work effectively in a team environment.

Global Counterparty Credit Analyst

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers: Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore and Tokyo.

At TD Securities, the Global Counterparty Credit function is involved with the origination process for trading and credit analysis and recommendation for the credit/derivative facilities. The GCC group enables the various trading desks to transact with counterparties. The group also performs ad hoc reporting and monitoring of the credit risk profile of TD Securities’ clients that are users of a wide variety of capital market trading products.

TD Securities offers its U.S. based employees the advantage of working in a highly focused boutique-type operation, while being part of a major global investment dealer. Confidence in our U.S. operations systems stems from the recognition of our in-depth industry knowledge and from our outstanding credit, structuring, research and distribution capabilities.

At TD Securities, you will learn the financing business and gain a competitive advantage of your own. You will be exposed to a wide variety of clients, industries, financing structures and products. You will also work in a team environment, honing the analysis skills and experience necessary to be successful in the industry

In this capacity you will

• Assist in the preparation and recommendation of high quality credit submissions relating to new business proposals
• Conduct appropriate market, industry and client credit analysis with clearly articulated recommendations on credit decisions and appropriate borrow risk ratings
• Work closely with other product groups, including TDS Treasury Sales and Trading, TD Securities Cash Management, TDS Trade Finance and other business areas of TD to ensure that credit needs are being met
• Ongoing monitoring of Counterparty’ performance and credit exposures, including compliance with authorized credit limits and terms, as well as reporting requirements
• Identify potential problems requiring attention and recommend appropriate actions to best manage the risks in deteriorating credit situations
• Contribute to a strong credit culture of the Credit team by raising issues on credit, reputational and operational risks
• Ensure that credit arrangements adequately balance the risk and return

Qualifications

Undergraduate degree preferably in Business (Accounting or Finance) or Mathematics/Economics, a solid understanding of capital markets and treasury products. Candidates should also exhibit a combination of strong financial/analytical skills and excellent verbal and written communication abilities. Other undergraduate majors will be considered if the candidate demonstrates the necessary skill set. Successful candidates must have the capacity to become adept at financial modeling and be able to work effectively in a team environment.