2027 Summer Analyst Program - Investment Banking, Healthcare (San Francisco)

TD Bank•San Francisco, CA

1d•Onsite

About The Position

TD Cowen, a division of TD Securities, is a market leader in Capital Markets and Corporate & Investment Banking, offering a full suite of integrated products and services across various industries. Our Investment Banking business provides expert advice and execution services for corporations, financial institutions, and financial sponsors on strategic M&A opportunities and capital markets transactions. We pride ourselves on a client-first, solutions-oriented, and product-agnostic approach that leads to high-quality transaction outcomes and enduring relationships. The Investment Banking Summer Analyst program provides a unique opportunity to gain practical experience and in-depth knowledge of our daily operations as we develop and implement innovative strategies and solutions for our clients. You will be part of a dynamic and collaborative team, where you will develop extensive industry experience, build lasting relationships, and create top-tier client-facing presentation materials and financial models. Summer analysts will gain exposure to key healthcare sectors, including biotechnology, medical technology, and healthcare technology. The program includes an immersive orientation and a comprehensive technical training program designed to build a strong foundation in financial analysis, accounting, and valuation skills. Interns will assist designated department management and staff with assigned tasks under supervision, embodying the TD Securities Culture and Customer Service Philosophy. They will interact with various internal and external groups, gain an understanding of the businesses and customers supported, and may handle incoming calls. The intern will provide support to managers and other areas, assist in completing departmental projects/reports, and help prepare specific schedules for reports or projects. They will also analyze specific accounts, assist in preparing federal and state returns, support audit requests, and assist with operational and administrative functions, potentially partnering with multiple business functions. The role involves building and maintaining complex financial models, performing various financial analyses, applying valuation tools, conducting in-depth company and industry research, drafting external marketing materials and client pitch presentations, and supporting the execution of financing and M&A transactions. Analysts will work in a fast-paced, challenging, yet collaborative and motivating environment, developing both soft skills (communication, professionalism) and technical skills (financial modeling, valuation analysis), along with strong attention to detail, proactivity, urgency, pride, work ethic, and enthusiasm.

Requirements

Pursuing 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.
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, and philanthropy, etc.).
High School Diploma required.
Currently enrolled in 4 year college program or post graduate program.
Excellent computer skills, including Microsoft Office.
Excellent interpersonal skills.
Demonstrated leadership qualities.
Good written and oral communications skills.
Detail oriented and self-motivated.
Ability to handle multiple tasks in a fast-paced environment.
Ability to work in an office environment.

Nice To Haves

3.2 GPA or higher preferred.

Responsibilities

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.
May answer and direct incoming calls internally and externally.
Provides support for Manager and others areas, as indicated.
May assist in completing various departmental projects/reports.
May assist in the Preparation of specific schedules related to the monthly/quarterly/yearly reports or projects.
Analyzes specific accounts.
Assists in the preparation of specific federal and state returns.
Assists with projects.
Assists in the audit requests.
Assists with operational and administrative functions.
May support or partner with several business functions/areas/departments.
Participates in various projects and tasks, as assigned.

Benefits

Base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan).
Health and well-being benefits.
Savings and retirement programs.
Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO).
Banking benefits and discounts.
Career development.
Reward and recognition.
Training programs.
Online learning platform.
Mentoring programs.