2027 Summer Analyst Program

Investment Banking Summer Analyst ProgramTD 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.Our Investment Banking Summer Analyst program offers an exciting opportunity to gain valuable hands-on experience and deep insights into our day-to-day work as we deliver on innovative strategies and solutions to meet the objectives of our clients. You will work on a collaborative and dynamic team, during which you will develop extensive industry experience, build long-lasting relationships and create best-in-class, client-facing presentation materials and financial models. Following the selection process, successful candidates will be placed within one of the Investment Banking teams: Communications & Media, Consumer & Retail, Energy, Financial Institutions, Financial Sponsors, Healthcare, Industrials, Mergers & Acquisitions, Mining, Real Estate, or Technology. As a summer analyst, you will:Participate in an immersive orientation and rigorous technical training program that is focused on building a strong foundation in financial analysis, accounting and valuation skills.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.The Global Energy Investment Banking Group provides an opportunity to gain exposure to clients across the global energy spectrum (upstream, midstream, downstream, energy transition) as the firm continues to build on its strong growth momentum in the sector.The internship will begin with a one week of formal training in New York City for all summer analysts that includes orientation and interactive technical training. This training is designed to teach you the building blocks of financial institutions, Excel, and PowerPoint, which will prepare you for the next nine weeks of the internship.Summer Analysts will have the opportunity to engage with bankers at all levels across all teams, designed to familiarize participants with the workings of Investment Banking. Summer Analysts will also be able to participate in social networking events with one-another as well as colleagues across all divisions on an on-going basis to experience our culture and assimilate into our Firm. The program takes place from early June to mid-August 2027. The expected annual base salary is $110,000, pro-rated for the length of the summer internship. Salary offers are based on a wide range of factors including relevant skills, training, experience, education as well as market factors.What makes Investment Banking right for you?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.Analysts will work 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.Who We Are Looking ForPursuing a bachelor's degree with an anticipated graduation date between December 2027 and June 2028.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. This role is not suitable for individuals who are ineligible for a STEM OPT extension.Results driven, proven academic excellence and strong interpersonal skills.High ethical and professional standards.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 (i.e., sports, clubs, extracurricular activities, philanthropy, etc.).Application Deadline: February 1, 2026. Interviews will occur on a rolling basis from January through April it is encouraged that candidates apply well ahead of the deadline of February 1, 2026.