Risk Management Non-Retail Model Validation InternCo-op (Summer 2026)

Toronto - Canada

Monthly Salary: $ 45700 - 74400

Posted on: 11 hours ago

Vacancies: 1 Vacancy

Job Summary

Role Type:

Internship/Co-op

Work Term:

Summer/Term 3

Work Location:

Toronto Ontario Canada

Hours:

37.5

Pay Details:

$45700 - $74400 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 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:

DEPARTMENT OVERVIEW

Co-op and Internship opportunities allow you to gain valuable work experience across a number of the businesses at TD. You will work with experienced colleagues receive world class training and be part of a community of students across TD where you will have an impact grow as individual and experience our culture of care.

Our Co-op/Intern Programming is offered with select Co-op and Internship roles and is designed to help you better understand the TD business build on critical career capabilities and broaden your professional network. This program is designed to complement your on-the job experience and features:

Leadership talks with key Leaders from across the organization

Lunch and Learns on topics such as Innovation

Diversity and Inclusion and Personal Branding and so much more

TD Model Validation (MV) group is responsible for the independent validation and approval of analytical models used for risk pricing hedging and capital evaluation for portfolio of financial products. This also includes validation of decision-making models such as credit approval and behavioral scoring models

JOB DESCRIPTION

As a member of the Model Validation (MV) group you will play a crucial role in the validation and approval of models within the bank. We are seeking candidates who demonstrate strong analytical thinking and attention to detail. The independent review and challenge of models is critical to ensure the understanding of models and model risk. The successful candidate will be able to gain experience in second line activities such as evaluating the risks within models and business knowledge in different LOBs in TD.

JOB REQUIREMENTS

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.

Currently enrolled in an undergraduate degree in Finance Accounting Analytics Data Business/Commerce or related field

Must be enrolled in an undergraduate degree with the intent of going back to school at the start of your work term (requirement of all co-op/intern positions)

Robust quantitative skills with an undergraduate/advanced degree in one or more of the following areas: Financial Engineering Mathematics Statistics Economics Data Science Computer Science Physics & Engineering

Familiarity with various statistical modelling techniques and ability to design/implement statistical tests

Strong problem-solving abilities especially when working with complex data sets or analytical models.

Strong communication skill to communicate technical concepts concisely and support effective collaboration with LOB and MD to understand business concept and solve the identified problem efficiently during the validation process;

Good time management skills with minimal supervision;

Experience in Python programming with skills in data cleaning/processing and debugging skills to identify analyze and resolve bugs efficiently.

Experience with Python packages including Numpy Pandas Scikit-learn and Statsmodels.

Inquisitive nature ability to ask the right questions and escalate issues

ADDITIONAL INFORMATION

This position is a 4-month work term and will commence May 4th through August 21st 2026.

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

TD is committed to providing you with the best candidate experience and internship in these unique circumstances. As such work location and start dates are subject to change.

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.

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 and Onboarding

Well provide in-person 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.

HOURS

Monday-Friday standard business hours

INCLUSIVENESS

At TD we are committed to fostering an inclusive accessible environment where all employees and customers feel valued respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. If you require an accommodation for the recruitment/interview process (including alternate formats of materials or accessible meeting rooms or other accommodation) please let us know and we will work with you to meet your needs.

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):

Sans Objet

Required Experience:

Intern

Role Type:Internship/Co-opWork Term:Summer/Term 3Work Location:Toronto Ontario CanadaHours:37.5Pay Details:$45700 - $74400 CADTD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleagu...