TD Asset Management Investment Management Intern/Co-op (Winter 2027)
TD Bank · Toronto, Canada · 18d ago
Role Type:
Work Term:
Work Location:
Toronto, Ontario, CanadaHours:
37.5Pay Details:
-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
TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, isa leading North American investment manager offering progressive investment solutions to both institutional and individualinvestors.As ofDecember31,2023TDAM and its affiliates manage over CDN$410billion in assets on behalf of pension, insurance, endowment/foundationand corporate clients, as well as high-net worth clients and retail mutual funds, across both active fundamental and quantitative-based solutions, private debts and alternative investments including real estate, infrastructure.
Job Description (responsibilities, accountabilities, etc.)
A passion ordemonstratedinterest in markets/economics/current events is critical tosuccess:TheIntern will support the team with some orall ofthe following activities.
Work with oneof thefollowingteamswithin TDAM-Fundamental Equities Research,Fixed IncomeorAsset Liability Management, Asset Allocation, Alternatives,orInvestment Risk Management.
Build and maintain analytics to help facilitate portfolio decision making, data analysis or financial analysis to help understand and recommend investments or to better understand the macro-economic environment
Help run and support mission critical reporting used by the portfolio managers and attend and participate in team meetings and investment discussions.
Validate data to ensure the integrity of the data and information
Support projects focused on the ongoing improvement of our processes
Undertake projects touching onstrategy, marketing, business and product development, portfolio management, finance, risk, governance, client service, operations and trading
Skills that the student must have (specific technical, and other skills)
Organizational skills with the ability to prioritize, multi-task and maintain attention to detail
Good foundation in businessacumen, capitalmarkets,problem solving skills and analytical capabilities
Good working knowledge of Microsoft Office products (Excel, PowerPoint and Word)
Strong verbal and written presentation skills
Accuracy and attention to detail are essential
Highly motivated individual with the willingness and flexibility to takeondifferent initiatives
Ability to operate within specialty software programs (e.g.Bloomberg, Factset, Thomson Reuters or Capital IQ etc.)
Must be able to work effectively in a team environmentand collaborate across teams to research fulsome solutions
Bilingualism (French and English) is an asset
Skills that are not required, but would be an asset (specific technical, and other skills)
Microsoft Access,Python/SQL/Coding skills,financial modelling
VBA and SQL
Co-op experience in investment research, real estate, public and private securities analysis,risk management
Other information
Applicationsmustinclude an unofficial university transcript, cover letter (one letter-sized page or less)and a resume (two letter-sized pages or less).
Addition Information
Hybrid work model – 4 days of in-person/office.
More about ourInvestmentteams:
Asset Allocation:
The TD Asset Allocation team manages multi-asset class investment solutions for clients across retail, high net worth and institutional channels. We build portfolios with mutual fund, ETF, real asset, and derivative capabilities, investing across asset classes including Equities, Fixed Income, Hybrid Securities, Foreign Exchange, Commodities, Real Estate, and Infrastructure Assets. The Asset Allocation investment process includes a thorough analysis of the global macroeconomic environment and trends in asset class dynamics, fund manager due diligence and bottom-up fundamental analysis toallocateto asset classes, funds, and direct index securities. The Funds can dynamically shift between asset classes and market, including the use of derivatives tomodifythe return and risk profile.Our goal is to help our clients achieve their long-term investment goals through the use of diversified investment solutions.
Fixed Income:
The Fixed Income team at TD Asset Management is one of the largest in Canada. The team manages a whole range of active fixed income solutions for both retail and institutional clients, requiring investment excellence both from a bottom up (credit research) security selection point of view and a top down (macro risk) asset allocation point of view. The successful candidate will have the opportunity to work with Credit Analysts and Portfolio Managers in an investment environment that is engaging, dynamic and collaborative and focused on delivering the best outcomes for our clients.
Asset Liability Management:
The Asset Liability Management team manages approximately $50 billion in investments. Work alongside a close-knit team that designs and manages investment solutions for TDAM's liability-focused clients.
Fundamental Equities:
The Fundamental Equities Team is focused on deep fundamental research, using our experience and expertise to identify attractive investment opportunities for clients. The Team uses a combination of fundamental qualitative and quantitative analysis to identify companies with strong fundamentals, attractive valuations, and sustainable competitive advantage. We believe in active management and constantly monitor our holdings to ensure they meet our strict investment criteria. Our goal is to help clients achieve their financial objectives.
Alternative Investments:
The Alternative Investment team manages over $40bn in AUM in private market strategies at TD Asset Management. We manage direct investments in Canadian Real Estate, Global Real Estate, Infrastructure, Commercial Mortgages and Private Debt. The team includes investment management teams for each asset class, as well as client portfolio management, finance and portfolio and funds management teams to support all aspects of the investment process within Alternative Investments. We make direct investments doing bottom-up analysis on individual assets as well as top-down analysis on markets and regions as well as supporting the ongoing management of the investment funds with activities such as valuations, cash flow management, finance and accounting and client support within private markets. With a focus on income and income growth we build high quality portfolios of private assets to serve our clients.
Trading:
The Trading Team facilitates trade execution across multiple asset classes on behalf of the Active, Passive, Quantitative and Private Client portfolio management strategies managed by TDAM. These include global equity, futures, options, money market, fixed income and foreign exchange.
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