Business Banking Associate – TD Bank, Ottawa, ON
Location: Ottawa, ON | Company: TD Bank
TD Bank is hiring a Business Banking Associate in Ottawa, Ontario. This full-time, on-site position introduces candidates to commercial banking through structured training, financial analysis, credit assessment, risk management and direct exposure to mid-market business clients.
The role is designed for candidates building a career in business or commercial banking. It offers practical experience evaluating companies, understanding client financing needs and preparing business proposals involving credit, deposits and cash management solutions. The position is scheduled for 37.5 hours per week and offers an annual salary range of $69,700 to $98,400 CAD.
Starting a Career in Commercial Banking
The Business Banking Associate position provides an entry point into TD Commercial Banking and the financial services used by businesses across different industries. Associates learn how commercial lenders review a company’s financial condition, understand its market and assess whether proposed lending arrangements fit the client’s needs and the bank’s risk standards.
During the early stages of the program, the successful candidate will receive on-site coaching within a commercial banking unit and participate in structured training. This combination of formal learning and practical experience is intended to build the technical knowledge, judgement and client awareness required for future commercial banking responsibilities.
Key Areas of Responsibility
The role supports commercial banking teams by combining financial review, client research, proposal preparation and ongoing professional development.
Financial Analysis
Review business financial information to better understand company performance, borrowing capacity, cash flow and potential financial risks.
Credit Assessment
Learn the fundamentals of commercial lending and help evaluate credit requests using financial, operational and industry information.
Industry Research
Develop insight into the industries, products, markets and operating conditions that influence each commercial banking client.
Business Proposals
Help prepare proposals that respond to a client’s credit, deposit and cash management requirements while considering applicable risk factors.
Client Understanding
Work with banking professionals to understand the financial goals, challenges and operating priorities of mid-market businesses.
Training and Development
Complete structured learning and on-site coaching intended to prepare associates for future analyst, account management or relationship management roles.
Education and Candidate Profile
TD Bank is seeking candidates who are working toward completing an undergraduate or graduate degree in business. Candidates with another type of degree may also be considered when their education is supported by relevant work experience.
The position may suit someone who can work independently while also contributing effectively within a team. A strong willingness to learn, professional curiosity and an interest in finance, lending and business decision-making are important because the role involves developing knowledge across several areas of commercial banking.
Skills That May Help Candidates Succeed
Business Banking Associates benefit from a balanced mix of analytical ability, business awareness, communication skills and professional judgement.
The ability to review financial statements, identify important trends and understand how business performance may affect lending decisions.
An interest in evaluating companies, industries and markets while considering both commercial potential and financial risk.
Clear written and verbal communication for discussing financial information, contributing to proposals and working with clients and banking colleagues.
The capacity to collaborate with relationship managers, analysts and other commercial banking professionals while managing assigned work independently.
A strong desire to build knowledge of commercial credit, banking products, risk management and client relationship practices.
Training, Career Path and Compensation
The first six months are expected to include on-site coaching in a TD commercial unit together with a structured training program. After this development period, associates may progress toward an analyst position supporting a Relationship Manager or toward a standalone Account Manager role, depending on business needs and individual development.
The published salary range is $69,700 to $98,400 CAD per year. The actual base salary may vary according to skills, experience, job-related knowledge, geographic location and organizational requirements. TD Bank also identifies variable compensation, health and well-being benefits, savings and retirement programs, paid time off, banking benefits, career development and recognition programs as components of its Total Rewards package, subject to eligibility.
How to Apply
Applications must include an unofficial academic transcript, a cover letter limited to one letter-sized page and a resume limited to two letter-sized pages. Candidates should use these documents to explain their interest in commercial banking and highlight relevant education, analytical ability, teamwork and business experience.
Applications must be submitted through the official TD Bank careers website by July 31, 2026. Candidates selected for further consideration may be contacted by email or telephone to arrange an interview. Applicants may also request accommodation during any stage of the recruitment process.