2024 Summer Associate – Quantitative Rotation Program, Td Securities

Key Skills

C++, Data science techniques, Java Programming, Python Programming, R Programming, SAS, SPARK Programming, SQL

Job Description

TD Securities offers a flexible Quantitative Internship Rotation Program that is an unparalleled experience – where you’ll gain valuable insight into our vision to Build the Better Bank, while also strengthening the core skills and knowledge you’ll need to launch a successful career. The program provides an on-boarding curriculum, peer mentoring, professional training, and on the job experience in the core activities of TD Securities as well as ongoing leadership and career development throughout the rotational period. You will also have extensive networking opportunities and interaction / dedicated chats with senior leaders. Upon the completion of the summer program, high performing interns will receive the full time offer.

In this 10-week summer internship program, the participants will have two rotations in two different business areas and learn about our award-winning Global Market business, state of the art Quantitative & Modeling Analytics, and unrivalled Risk & Valuation technology. In your application cover letter, please indicate your areas of interest for your rotation experience. It can be all the following areas or just some of them.

Global Markets

Global Markets is comprised of several sales and trading businesses across both Fixed Income and Equity products, including FX, Treasury, Corp Bond, Interest Rate Derivative, Equity, Equity Derivative, Electronic Trading, Automated Trading, Prime Brokerage, Research etc. The applicant will be placed directly into one of these teams and work with our industry leaders side by side.

Quantitative & Modeling Analytics

Quantitative & Modeling Analytics team is responsible for the pricing models and trading analytics in TD Securities. From developing automated trading algorithms to creating quantitative models and analytical tools, the team uses cutting edge technological and quantitative techniques to solve complex business problems across wide range of products and markets.

Risk & Valuation

Risk & Valuation group develops and maintains sophisticated risk and valuation models, robust and accurate methodologies and infrastructures to value and manage the risk in the bank.

Intern Responsibility

• Work closely with the sales and trading team
• Develop analytical tools to research market data, create trading ideas, and construct portfolios
• Use data science and statistics to produce data-driven, actionable insights for business
• Develop mathematical and quantitative models for valuation, risk management, and algo trading
• Evaluate and integrate new products and market data
• Create tools to optimize, automate and generate efficiencies
• Generate views and ideas about markets, P&L, trades
• Presenting research, ideas, and results to the sales / trading team
• Collaborate with Technology team and other TD teams for the platform build and workflow enhancement

Job Requirements

Must be eligible for employment under regulatory standards applicable to the position.

Qualifications

• Graduation date between December 2024 to June 2025 (master’s degree or higher)
• Enrolled in a Master’s or PhD program in: Statistics, Applied or Computational Mathematics, Computer Science, Economics, Physics, Quantitative Finance, Operations Research, Data Science, Engineering or related quantitative field or a related quantitative field
• Computer programing skills and use of statistical software packages such as Python, R, SAS, SQL, Spark, Java, and C++
• Strong verbal, written communication and interpersonal skills
• Ability to manage multiple tasks and thrive in a fast-paced team environment
• Excellent analytical skills, with strong attention to detail

Company Overview

TD Securities is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. 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 fast growing global investment bank. At TD Securities, you will gain exposure to various markets and gain a competitive advantage of your own. You will be exposed to a wide variety of clients, industries, financing structures and products.