2026 Global Markets - Summer Analyst Program - Fixed Income

Role Type:

Internship/Co-op

Work Term:

Summer/Term 3

Work Location:

New York, New York, United States of America

Hours:

40

Pay Details:

$30.00 - $45.00 USD

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.

Job Description:

As a leading corporate and investment bank, TD Securities offers a wide range of integrated capital markets products and services. Our corporate, government, and institutional clients choose us for our innovation, execution, and experience. With over 7,200 professionals operating in 39 cities across the globe, we work closely with our clients to help them meet their needs today and prepare for tomorrow.

Our Global Markets business, including the premier U.S. equities and research franchises of TD Cowen, a division of TD Securities, delivers top-tier market insights and quality execution across multiple asset classes.

Fixed Income

Comprehensive product suite focused in areas where we provide consistent liquidity and solutions that drive value, delivered by a globally integrated sales and trading team: automated trading, credit, foreign exchange, municipal, securitized, and linear and non-linear rates.

JOB OVERVIEW

TD Securities is looking for candidates with varying backgrounds and experiences to join our 2026 Global Markets Summer Analyst Program - Fixed Income and be immersed in our inclusive culture!  This program will connect you with experienced professionals through on-the-job training and desk rotations throughout the Fixed Income platform.

For the Fixed Income Program you will get exposure across desks that include IG Credit Sales and Trading, US Rates Sales and Trading, Repo Trading, Global Equity Derivatives Sales and Trading, Securitized Sales and Trading, Emerging Markets Trading, Institutional FX Sales, High Yield Sales and Trading, and Cross Asset Sales.

You will work alongside industry experts in a fast-paced collaborative environment.  This is a ten-week program running from early June to mid-August in person in our offices in New York City.

Responsibilities Include

Training & Orientation:

The internship will begin with a firmwide Orientation to integrate you into the culture of the organization, followed by an interactive technical training program.  This program is designed to teach you the building blocks of financial institutions and jargon of Global Markets and will prepare you for the next nine weeks of the internship.

Mentorship and Networking:

The internship will include a formal mentorship with employees who will act as a career guide for navigating your experience at TD Securities and beyond. Summer Analysts will have the opportunity to engage in a Senior Speaker Series designed to familiarize participants with the workings of Global Markets as well as our Corporate & Investment Banking, Equity Research, and Business Operations divisions.  Summer Analysts will also be able to participate in social networking events with one-another as well as employees of the Firm to experience our culture and assimilate into our Firm.

Hands-on Experience:

This is an opportunity to experience our unique culture, work on a fast-paced trading floor, attend client meetings, and build fundamental skills. You will be working with individuals across the floor to understand different aspects of Global Markets, ultimately leading to a final presentation designed to showcase critical thinking skills and increase professional presence (ie: final trade presentation).

QUALIFICATIONS

• Pursuing a (4) year university or college degree with an anticipated graduation date between December 2026 and June 2027.

• You must be work authorized in the United States without the need for employer sponsorship.

• No prior experience in finance is required, but a keen interest in financial markets is requested. 

• Results driven, proven academic excellence and strong interpersonal skills.

• High ethical and professional standards.

• Strong