2027 Full-Time Analyst Program – Investment Banking (New York)

Undergraduate role located in New York, New York, United States. Full-time position with 40 hours per week.

About the role

We are looking for candidates interested in Investment Banking to join TD Securities as a Full-Time Analyst starting July 2027.

TD Securities is a market leader in Capital Markets and Corporate & Investment Banking, delivering a full suite of integrated products and services across a wide range of industries. Our Investment Banking business provides world-class advice and execution services to guide corporations, financial institutions, and financial sponsors through strategic M&A opportunities and capital markets transactions. Our client-first, solutions-oriented, and product agnostic approach drives high-quality transaction outcomes and long-lasting relationships.

As an Investment Banking Analyst, you will work on a collaborative and dynamic team, developing extensive industry experience, building long-lasting relationships, and creating best-in-class, client-facing presentation materials and financial models. Analysts will have the opportunity to work across one of the following product/coverage groups: Chemicals, Communications & Media, Consumer & Retail, Healthcare, Financial Institutions, Financial Sponsors, Industrials, Mergers & Acquisitions, Power & Utilities, Real Estate, or Technology.

Investment Banking at TD Securities offers the opportunity to gain extensive industry experience, develop long-lasting client relationships, and create best-in-class, client-facing presentation materials and financial models. The role operates in a fast-paced environment that is challenging yet collaborative and motivating. Along with establishing soft skills (communication, professionalism, etc.) and technical skills (financial modeling, valuation analysis, etc.), successful analysts develop strong attention to detail, proactivity, urgency, pride, work ethic, and enthusiasm.

Responsibilities

• Build and maintain complex financial models
• Perform various financial analyses and apply valuation tools to assess opportunities
• Conduct comprehensive and in-depth company and industry research
• Draft external marketing materials and client pitch presentations
• Support in the execution of financing and M&A transactions
• Collaborate with various teams across the Corporate & Investment bank
• Provide specialized financial and statistical analysis on a broad range of marketing and execution activities, including conducting research, performing ongoing analyses, preparing supporting documentation, and assisting in due diligence efforts on transactions
• Assist in the analysis of clients' financial situations, industry and market data, and M&A opportunities
• Assist in valuations of private and public companies
• Perform basic to intermediate financial modeling in Excel
• Provide input on external client proposals and internal underwriting memos; assist in the preparation of client presentations
• Establish an environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank
• Maintain confidentiality of client information

Requirements

• Pursuing a bachelor’s degree with an anticipated graduation date between December 2026 and June 2027
• Authorized to work in the United States without the need for employer sponsorship. For individuals whose work authorization is or will be based on F-1 optional practical training, your degree or anticipated degree must be in a qualifying STEM program, as reflected on your Form I-20
• Results-driven with proven academic excellence and strong interpersonal skills
• High ethical and professional standards
• Prior Investment Banking (or similar) internship experience preferred
• Strong financial/analytical skills, knowledge of MS Excel preferred
• Proactive and highly motivated
• Able to work effectively in a team environment and independently
• Demonstrated leadership (e.g., sports, clubs, extracurricular activities, and philanthropy)

Qualifications

• Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
• Series 7, 79, and 63 licenses (0-3 years of related experience)

Physical Requirements

• Domestic Travel: Occasional
• International Travel: Never
• Performing sedentary work: Continuous
• Performing multiple tasks: Continuous
• Operating standard office equipment: Continuous
• Responding quickly to sounds: Occasional
• Sitting: Continuous
• Standing: Occasional
• Walking: Occasional
• Moving safely in confined spaces: Occasional
• Lifting/Carrying (under 25 lbs.): Occasional
• Lifting/Carrying (over 25 lbs.): Never
• Squatting: Occasional
• Bending: Occasional
• Kneeling: Never
• Crawling: Never
• Climbing: Never
• Reaching overhead: Never
• Reaching forward: Occasional
• Pushing: Never
• Pulling: Never
• Twisting: Never
• Concentrating for long periods of time: Continuous
• Applying common sense to deal with problems involving standardized situations: Continuous
• Reading, writing, and comprehending instructions: Continuous
• Adding, subtracting, multiplying, and dividing: Continuous

Benefits

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:

• Base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
• Health and well-being benefits
• Savings and retirement programs
• Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
• Banking benefits and discounts
• Career development and reward and recognition programs

Pay

$110,000.00 - $110,000.00 USD per year.

About TD

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.