Commercial Banking Intern – Business Development Associate Intern

Job Description

About the Company (TD Bank)

TD Bank is a leading global financial institution, recognized as the fifth-largest bank in North America by branches/stores. It serves over 27 million households and businesses across Canada, the United States, and worldwide, supported by more than 95,000 colleagues. TD’s guiding vision is to “Be the Better Bank,” with a purpose to “enrich the lives of our customers, communities, and colleagues.”

The company is deeply committed to delivering legendary customer experiences and sees all colleagues as customer-facing. It focuses on innovation to enhance customer experience and build future banking capabilities. TD supports colleague growth and development through regular leadership conversations, mentorship, and training programs, helping employees realize their potential.

TD offers a comprehensive Total Rewards Package that includes base salary, variable compensation (incentive awards), health and well-being benefits, savings and retirement programs, paid time off (Vacation PTO, Flex PTO, Holiday PTO), banking benefits and discounts, career development, and reward and recognition programs.

The bank is also committed to diversity and inclusion, being an equal opportunity employer that provides accommodation for applicants with disabilities during the application process.

About the Job: Commercial Banking Intern – Business Development Associate Intern

This is an Internship/Co-op role for the Summer/Term 3 work term, located in-person in Boston, Massachusetts, USA, requiring interns to be in the office 4 days a week. The role is 40 hours per week, with a pay range of $21.75 – $27.00 USD per hour, which may vary based on skills, experience, knowledge, geographic location, and business needs.

Job Description:

The AMCB Summer Intern will support their Line of Business in developing and executing work projects aligned with business goals and objectives. The intern is expected to embody TD’s Shared Commitments and customer-focused culture.

This specific internship is within Commercial Banking, which assists various commercial customers—from small “mom and pop” stores to multi-billion-dollar corporations, including governments and institutions—with managing funds, financing growth, and investing. They achieve this by understanding customer goals and customizing products and services.

The intern will specifically join the ABL-Franchise Finance group. This team comprises experienced bankers who provide financing, treasury management, deposit services, derivatives, and/or wealth management services primarily to McDonald’s franchisees across the US.

As a Business Development Associate Intern, key responsibilities will include:
• Organizing client calls and events.
• Maintaining and enhancing prospect lists within Salesforce.
• Collecting and reviewing financial statements.
• Assisting with deal screens.

By the end of the internship, the intern should gain a comprehensive understanding of client-facing roles and recognize how their work directly benefits business owners.

AMCB Summer Internship Experience Highlights (10-week, Non-rotational Program):
• A high-energy introduction to TD Bank.
• A variety of professional experiences and development training opportunities.
• Extensive networking opportunities, including interactions with senior leaders.
• A dedicated support network, featuring a formal peer-mentoring program.
• Active participation in community service projects.
• Opportunity to join TD’s rotational analyst program upon graduation, and engage in a 6-Week Innovation Challenge, VR experiences, and various learning & development opportunities.

Education & Experience Requirements:
• Education: Currently pursuing a post-secondary degree in business-related disciplines. Anticipated graduation between December 2026 – June 2027 is preferred.
• Skills:
• Proficiency in Microsoft tools (Outlook, Teams, Word, PowerPoint, Excel).
• Excellent interpersonal, problem-solving, and analytical skills.
• Ability to take initiative and demonstrate accountability for actions.
• Demonstrated leadership qualities.
• Strong written and oral communication skills.
• Detail-oriented with the ability to handle multiple tasks.
• Ability to work both independently and collaboratively.
• Work Authorization: Must be permanently work authorized in the United States without the need for employer sponsorship.

Physical Requirements: The role primarily involves continuous sedentary work, performing multiple tasks, operating standard office equipment, concentrating for long periods, applying common sense to problems, and continuous reading, writing, comprehending instructions, and basic arithmetic. Occasional domestic travel, standing, walking, lifting/carrying (under 25 lbs.), squatting, bending, and reaching are also noted.

Colleague Development & Support:
TD is committed to colleague development, offering regular career, development, and performance conversations with managers, along with access to an online learning platform and mentoring programs. Comprehensive training and onboarding sessions will be provided to ensure success in the role.

Interview Process: Candidates of interest will be contacted for an interview, and efforts are made to communicate outcomes to all applicants.

Accommodation: TD Bank is an equal opportunity employer. Applicants with disabilities needing accommodations for the application process can contact USWAPTDO@td.com.