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Credit Risk Intern Jobs in Toronto, ON (NOW HIRING)

We are currently recruiting an intern analyst in the Credit Strategy Group, for a four-month ... The Credit Strategy group within CIseeksto enhance the risk-adjusted returns of the CI portfolio ...

Verified Security Intern

Toronto, ON · Hybrid

CA$23 - CA$25/hr

Supporting the Governance, Risk and Compliance team which enables Information Security to align ... Credit Check, and Social Media Check. Equal Opportunity Employer Interac is also an equal ...

Vendor Management Intern

Toronto, ON · Hybrid

CA$23 - CA$25/hr

Interest in being exposed to functions of the Finance and Risk group * Currently completing an ... Credit Check, and Social Media Check. Equal Opportunity Employer Interac is also an equal ...

Credit Risk Intern information

See Toronto, ON salary details

$19.6K

$86.5K

$177K

How much do credit risk intern jobs pay per year?

As of Jul 7, 2026, the average yearly pay for credit risk intern in Toronto, ON is $86,484.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,422.00 and $116,429.00 per year, depending on experience, location, and employer.

What types of projects or tasks do Credit Risk Interns typically work on during their internship?

As a Credit Risk Intern, you'll often assist with analyzing financial statements, preparing credit reports, and helping evaluate the creditworthiness of clients or counterparties. You may also perform data entry, support the collection and analysis of risk metrics, and assist senior analysts with ad hoc research or portfolio reviews. This role often involves working closely with risk managers and other teams such as underwriting or finance, which helps you build a well-rounded understanding of credit risk processes. These experiences provide valuable exposure to practical risk assessment, financial analysis, and teamwork within a professional financial services environment.

What does a Credit Risk Intern do?

A Credit Risk Intern assists in analyzing financial data, assessing creditworthiness, and identifying potential risks associated with lending and investment decisions. They work with financial models, review industry trends, and help prepare reports for senior analysts and managers. Interns may also gain experience with risk assessment tools and regulatory guidelines while collaborating with different teams. Their role is essential in supporting the risk management team in minimizing potential financial losses.

What are the key skills and qualifications needed to thrive in the Credit Risk Intern position, and why are they important?

To thrive as a Credit Risk Intern, you should have strong analytical abilities, a basic understanding of finance or economics, and be pursuing a relevant degree such as finance, accounting, or business. Familiarity with Excel, financial modeling tools, and sometimes exposure to risk management software or programming languages like SQL or Python is beneficial. Attention to detail, strong communication skills, and a willingness to learn make a candidate stand out in this position. These skills are crucial for accurately assessing risk, collaborating with team members, and effectively supporting the credit risk function in a fast-paced environment.

What are the most commonly searched types of Credit Risk jobs in Toronto, ON? The most popular types of Credit Risk jobs in Toronto, ON are:
Risk Management - Prime Brokerage - Market Risk and Collateral Risk Analytics Intern/Co-op (Fall ...

Risk Management - Prime Brokerage - Market Risk and Collateral Risk Analytics Intern/Co-op (Fall ...

Td

Toronto, ON • On-site

CA$45K - CA$74K/yr

Full-time

Posted 6 days ago


Job description

Role Type:

Internship/Co-op

Work Term:

Fall/Term 1

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Pay Details:

$45,700 - $74,400 CAD

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:

DEPARTMENT OVERVIEW


Co-op and Internship opportunities allow you to gain valuable work experience acrossa number ofthe businessesat TD. You will work with experienced colleagues, receive world class training, and be part of a community of students across TD, where you will have an impact, grow asindividualand experience our culture of care.

OurCo-op/Intern Programmingis offered with select Co-op and Internship roles and is designed to helpyou betterunderstand the TD business, build on critical career capabilities, and broaden your professional network. This program is designed to complement your on-the job experience and features:

  • Leadership talks with key Leaders from across the organization

  • Lunch andLearnson topics such as Innovation

  • Diversity and Inclusion and Personal Branding and so much more

Prime Brokeragesits withinMarket Risk and Collateral RiskAnalyticswhichis responsible forthe market and credit riskreporting forTD Securities. A global, multi-faceted and cross product team, the primary objective of thePrime Brokeragedepartment is the mitigation of counterparty credit risk through the active monitoring of clients'collateral and OTC and Security Financing Transactions (SFT) to ensure collateral levels provide adequate coverage of the exposures the clients have with TD Bank. Theteam manages both the Canadian Prime Brokerage and US Rime Services risk reporting.

The team has a rare opportunity tobe exposed to risk management of Hedge Funds and professional investors.Productsmonitoredinclude equities, options, bonds, warrants,Reposand Over-The-Counter Derivatives.The team manages a wide range of complex processes, with members developing skills and competencies around derivatives, regulatory margin requirements, stress testing, review of portfolio liquidity and concentration, and independent price verification (IPV).

JOB DESCRIPTION

Tasks / Projects Associate Willbe Responsible For:

  • Daily monitoring of client portfolios, issuing and receiving collateral calls to ensure the firm's credit risk is mitigated.

  • Reporting specific metrics such as concentrated positions, liquidity reporting, stress reporting, and the review of Independent Price Verification (IPV) for fixed income securities

  • Contributing to the completion of presentation decks for the CAD PB Dashboard forum andpresented/reviewingspecific slides with senior management and stakeholders

  • Providing information and analysis topartners torelated toportfolio risks, and the business level exposures across product type, seniority, industry, country, etc.

JOB REQUIREMENTS

We'reproud to work with a group of diverse colleagues. If you have relevant experience thatisn'tmentioned

below, tell us about it in your resume or cover letter.

  • Currentlyenrolled inanundergraduate degreein Finance, Accounting, Analytics, Data,Business/Commerceor relatedfield

  • Must be enrolled in an undergraduate degree with the intent of going back to school atthe start of your work term(requirement of all co-op/intern positions)

  • Candidates with experience inRiskManagement roles, familiarity with CIRO and FINRA regulations andfamiliaritythe principals governing portfolio managementwill befavourablypositioned

  • Technical skills (Excel/SQL/VBAetc) and the CFA and FRM credentials will also be viewed favorably

  • Self-starterwitha high degree of initiative and the ability to learn and adapt quickly

  • Strong analyticalskills and attention to detail

  • Knowledge of financial instruments, regulations, and market risk metrics, gained through academic study, or practical experience.

ADDITIONAL INFORMATION

Add if applicable:Please note that this is a general posting. If you are selected for an interview, more informationregardingwhich business group and the specific job duties will be provided.

  • This position is a 4-month work term and willcommenceSept 8-Dec 312026.

  • Applications must include a transcript, cover letter (one letter-sized page or less) and a resume (maximum of 2 pages).

  • We welcome all applications; however, we will only contact qualified candidates chosen for an interview. Thank you for your interest.

  • TD requires employees toresidein the country where the role islocated, irrespective of remote working arrangements

  • TD is committed to providing you with the best candidate experience and internship in these unique circumstances. As such, work location and start dates are subject to change.

We'redelighted thatyou'reconsidering building a career with TD. Through regular development conversations,

training programs and a competitive benefits plan,we'recommitted to providingthe supportour colleagues

need to thrive both at work and at home.

Colleague Development

Ifyou'reinterested in a specific career path or are looking to build certain skills, we want to help you succeed.

You'llhave regular career, development, and performance conversations with your manager, as well as access to

anonline learning platform and a variety of mentoring programs to help you unlock future opportunities.

Whether you have a passion for helping customers and want to expand your experience, or you want to coach

and inspire your colleagues, there are many different career paths within our organization at TD - andwe're

committed to helping youidentifyopportunities that support your goals.

Training and Onboarding

We'llprovide in-person training and onboarding sessions to ensure thatyou'vegot everything you need to succeed in your new role.

Interview Process

We'llreach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to

allapplicants by email or phone call.

HOURS

Monday-Friday, standard business hours

INCLUSIVENESS

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued,respectedand supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

Who We Are

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. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package

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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
Colleague Development

If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.


Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.
Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet