Global Markets Intern/Co-op - Quantitative Engineering Development

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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 candidates 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 QED team provides a full suite of quantitative development and risk management services to global fixed income Sales and Trading desks playing a pivotal role in providing quantitative solutions and development.

The team has two core mandates:
1) Deliver top-tier quantitative and pricing tools for trading desks across the region.
2) Responsible for live development request coverage providing fast and accurate pricing and hedging solutions.

This is a fast-paced and dynamic team who have grown rapidly in line with the Banks overall growth strategy. The team has an increasing global mandate focusing on improving efficiencies and providing better quantitative tools to Global Fixed Income desks. This is an exceptional opportunity to work on a globally recognized team.

The Main Responsibilities Are
Fixed income markets and product knowledge (swap bond options) across regions.
Hands-on experience working with traders and sales to provide quantitative solutions.
Insights on how the valuation model and risk hedging work.
Development and coding skills in C Python and VBA.
Exposure to the Global Fixed Income team including broader trading team sales analytics and tech team.
A deep understanding of Fixed Income valuation models and pricing tools will be achieved.

Make An Impact

Design and implement front-office solutions and strategies to optimize trading operations.

Develop machine learning applications and training algorithms to meet analytical needs of the business.

Assist with QED C library Python projects and VBA code reviewing and updating.
Oversee trade allocation pro-actively liaising with middle and back office to resolve issues and ensure a seamless end to end experience.
Idea generation - assist in other areas that suit the associates skill set and interest.

Requirements - What You Need to Succeed
Were proud to work with a group of diverse colleagues. If you have relevant experience that isnt mentioned below tell us about it in your resume or cover letter.

Strong quantitative background with advanced mathematical and/or statistical ability
Excellent problem-solving skills
Computational and programming skills (e.g. C Python VBA Java etc.)
Excellent verbal and written communication skills; can explain complex technical issues in everyday language.
Strong time management skills with the ability to work independently when required.
Fast learner who grasps new concepts and techniques quickly
Desire to work in a caring respectful and inclusive environment where all employees are supported.

Educational Requirements

Graduating between Spring 2026 and December 2026 from a graduate program in a quantitative field such as mathematics computer science statistics economics finance physics engineering or similar.

Skills/Capabilities to be Developed
Gain and understand how fixed income markets and pricing models work.
Develop coding and technical skills in a real live environment setting.
Improve research data analytics and quantitative development skills.

Expected Outcome of a Fall Co-op
Develop a strong foundational understanding of the TDs fixed income business models as well as hedging aspect.
Gain broad exposure to the Canadian fixed income markets and products and how the pricing and calculation works in the backend.

Qualifications

• Current enrollment in a relevant post-secondary program

• Excellent problem-solving abilities and attention to detail.

• Proficiency in programming languages like C (VBA Python C# experience desirable).

• Effective communication skills and ability to work in a team.

• Familiarity with basic stochastic interest rate models and data analysis.

Early Talent Requirements

• Applications must include a transcript cover letter (one letter-sized page or less) and a resume (maximum of 2 pages).

• We welcome all applications; however we will only contact qualified candidates chosen for an interview. Thank you for your interest.

• TD requires employees to reside in the country where the role is located irrespective of remote working arrangements

Who We Are

TD is one of the worlds 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 95000 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 youve 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 were 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:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were 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 youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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 were committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.

Interview Process
Well 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 youd 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):