2027 Summer Internship Program - Commercial Banking

Type: Internship/Co-op Work Term: Summer/Term 3 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 candidate's 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.

This role supports their Line of Business in the development and execution of work projects to support the Business' goals & objectives. The Summer Intern embodies TD's Shared Commitments and customer-focused culture. Commercial Banking  Commercial Banking TD Commercial Banking helps commercial customers manage their funds, finance their growth, and invest for the future by taking the time to understand their goals and customize products and services to suit their needs. This includes everything from governments, institutions and businesses, ranging from small "mom and pop" stores to multi-billion-dollar corporations.   This Commercial Banking Intern functions as a Credit Management Intern and is responsible for conducting in-depth industry and financial analysis of existing and potential borrowers. This job works cooperatively to support the Lending and Credit functions of the Bank.  Responsible for financial analysis of moderately complex loans/industries/Customers  Works more independently but under the guidance and review of lead staff  Good understanding of loan risk factors  Researches industry specific information from outside sources, which may include conversation with Borrowers, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the Internet  Participates in Customer meetings and make direct inquiry for specific Customer information based on prior research, experience and knowledge (may require travel at times)  Integral part of loan origination process. Responsible for performing underwriting analysis of Borrower's character, credit worthiness and financial condition  Supports the lending function by providing analytical support  Prepares insightful and timely approval memorandums for presentation to appropriate lending and credit authorities  Thoroughly analyzes financial statements, management profiles, business and product cycles, cash flow ability, collateral, agings, etc. of future and existing Customers to identify trends, measure performance, assess financial strength and develop an assessment of credit risk  May prepare complete written analysis with appropriate recommendations for approval, denial and alternative structure when necessary  May maintain credit files, monitor data such as updated financial statements and prepare updated analysis memos  Monitors compliance with regulatory requirements  Provides written analysis that identifies any deviations from the Company Commercial Loan Policy and becomes familiar with alternative structures in order to reduce credit risk  Achieves operational performance standards in quality and timeliness  Commercial Banking is offering in-person internship opportunities in Boston, MA . Interns will be required to be in-office 4 days a week.  Depth & Scope: TD Bank U.S. Summer Internship Experience TD Bank U.S. offers an Internship Program with an unparalleled experience – where you’ll gain valuable insight into our vision to Build The Better Bank, while also strengthening the core skills