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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:

BUSINESS/ DEPARTMENT OVERVIEW

The Wholesale Banking Finance Group is responsible for developing and delivering financial strategy, information, and management support within TD Securities (TDS). A key function within the department is the oversight and governance related to execution and reporting of fair value, in support of TD Securities' business objectives. To ensure the accuracy, valuation, and reporting of financial instruments for financial accounting purposes, the successful candidate will work with different stakeholders to ensure that business lines adhere to policies and procedures, and controls are effective.

Within Wholesale Finance, the Product Control Team supports TD Securities and is responsible for providing overall end-to-end accountability for the completeness, accuracy and timeliness of optimized processes and controls for financial reporting. Product Control is the primary point of contact on Profit and Loss, Balance Sheet, Attribution, and Independent Pricing Verification & Valuation Adjustments reporting and initiatives, exercising an in depth understanding of the products, valuations, and risks of the Business. The Product Control team provides reporting, analysis, investigation, and commentary for a wide range of TD Securities business lines including equity derivatives, fixed income, credit derivatives, commodities, foreign exchange, and more.

ROLES & RESPONSIBILITIES OF INTERN

INTERN RESPOSIBILITIES:

Projects/ Initiatives

Research, investigation and presentation of trading desks strategies, product valuations and fair value, accounting treatment, revenue recognition, balance sheet geography, and trade lifecycle for derivatives in TD Securities (35%)

• Conduct research, investigations, prepare materials and presentations relating to a particular TD Securities business line, which includes equity derivatives, fixed income, xVA, commodities, credit derivatives or foreign exchange. This will include research into trading desk client trades and hedging strategies, markets, product valuations and models, fair value, accounting treatment, revenue recognition, balance sheet geography, trade lifecycle and controls and more. Through these initiatives, you will be partnered with an AVP or Senior Manager with subject matter expertise in the business line and have the opportunity to build networks across various teams in Finance and Accounting, Trading, Market Risk, Trade Support, and Operations.

Process enhancement of specific financial reporting processes related to TD Securities (30%)

• Learn specific Product Control financial reporting processes in a TDS business line with the goal of critically evaluating the process end-to-end for process optimization, automation with tools such as Python or Power BI, or other opportunities of process enhancement. This may include processes such as monthly securitization for residential mortgage trading, monthly financial results packages to trading desks, transfer pricing between trading desks, initial margin funds transfer pricing, independent pricing verification and valuation adjustments processes and more. These are critical financial reporting processes required within TD Securities to ensure accurate valuations, balance sheet, and profit and loss.

Processes/BAU

Financial reporting and attribution processes for a specific business line relating to TD Securities. This business line may include equity derivatives, fixed income, xVA, commodities, credit derivatives or foreign exchange (35%)

• Financial reporting and attribution reporting including profit and loss, balance sheet, and attribution analysis for a specific TD Securities business line, which may include equity derivatives, fixed income, xVA, commodities, credit derivatives or foreign exchange.
• Act as a key subject matter expert supporting for initiatives/projects impacting profit and loss, attribution and balance sheet for the specific TDS business line coverage.
• Provide accurate and thorough financial reporting analysis, interpret results, commentary and make recommendations, to key stakeholders, and refer complex issues / situations beyond own level of expertise.
• Provide advice and guidance to key stakeholders on a range of financial reporting or operational processes.
• Keep current on emerging trends/ developments and grow knowledge of the business, related tools, and techniques.

REQUIREMENTS

Program requirements

Undergraduate or graduate degree in Finance, Accounting, Mathematics (Engineering, Physics, Computer Science) or other quantitative disciplines

Technical / Soft skills requirements

• Keen interest and knowledge of capital markets, financial derivatives, derivative valuations, and accounting practices gained through academic study or practical experience.
• Strong communication (written & verbal), teamwork, and presentation skills with the ability to communicate with business partners, stakeholders, and colleagues at all levels of the organization.
• Innovative thinking and intellectual curiosity for independent research, investigation and problem solving.
• Interest in new technologies, process optimization and/or programming skillsets such as Python and PowerBI is an asset.

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):