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Title:  2026 Risk, Summer Analyst

                                                                                                               

 

 

Requisition ID: 256506

Employee Referral Program – Potential Reward: $0.00 

Salary Range: 75,000.00 - 75,000.00 

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

 

We are committed to investing in our employees and helping you continue your career at Scotiabank.

 

2026 Risk Summer Analyst 

June 2026- August 2026

New York City, United States  

 

Why work for Scotiabank?

Scotiabank is a leading bank in the Americas. We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. 

 

 

Scotiabank Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, institutional equity sales, trading and research, fixed income products, derivatives, energy, and foreign exchange. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group. 

 

 

Summer Interns will have access to experienced Finance, Global Banking and Markets, and support team executives, as they network and interact with various business partners that support a full-service brokerage and banking organization. The program involves frequent interactive learning sessions led by our experienced professionals. Interns will also have access to our Mentoring program where students will be teamed-up with a mentor who will serve as a guide for professional and personal development. We are committed to offering you extensive opportunities for training, hands-on experience and career advancement. Simply put, your future is our investment. 

 

Is this role right for you?

The Summer Analyst, sits within the US Credit Risk Management team and will cover US corporate borrowers or non-investment grade credits which may include, but is not limited to, the following industry groups: general commercial & industrial, utilities/power, wholesale, agriculture, food & beverage, healthcare, technology, media & entertainment, retail, real estate, hospitality, gaming & leisure, and aerospace & transport. The general responsibility is to provide support broadly to credit risk professionals on the team. It is an entry level position to learn credit risk fundamentals and ideally will provide a career path into a credit officer position. 

 

This internship will be based in our NYC office.  Please note that future opportunities with this team may be located in other offices, including Dallas.  This statement is provided for informational purposes only and does not guarantee future employment opportunities or locations.

  

What You Will Do 

  

  • Review financial statement spreads that support credit underwriting decisions, which may include leveraged finance transactions and non-investment grade borrowers. 
  • Perform basic review of credit request submissions for accuracy and completeness. 
  • Contribute to preparation of annual industry reviews and conduct industry research. 
  • Assist in monitoring the credit portfolio. 
  • Work closely with credit officers to learn fundamental credit risk analysis. 
  • Product coverage is broad and will provide exposure to all products that have credit risk, such as loans, loan products, derivatives, commodities, and banking products. 
  • Provide additional support to the team in a variety of areas as needed, including special projects related to broader strategic initiatives. 

  

  

What You Will Bring  

  

  • You are pursuing an undergraduate degree in business, finance, or related majors with graduation between December 2026- May 2028
  • Interest in developing a career in banking and finance. 
  • Enthusiasm for learning about leveraged finance and non-investment grade credit risk, including exposure to sponsor-backed transactions, key financial metrics, and covenant structures. 
  • Analytical skills and interests are valuable. 
  • Strong communication skills, both written and oral.  
  • Important personal skills include being proactive, someone that takes initiative and is not afraid to ask questions and learn. 
  • Collaborative, with a strong sense of teamwork is necessary. 
  • Highly organized with an ability to work in a fast-paced, multi-stakeholder environment and manage multiple priorities. 
  • Ability to prioritize tasks. 
  • Creative problem-solving skills and the ability to motivate others and implement new solutions. 

  

How to apply:

You must apply via the Scotiabank Career Page and complete all steps outlined below to be considered for this position.

  1. Fill out an application by clicking the “Apply” button.   
  2. Submit your resume as a single PDF when prompted.
  3. Successful applicants will be contacted for next steps, including a video interview.

 

We thank all candidates for taking the time to apply; however only those candidates selected for an interview will be contacted. 
 
As Canada’s Most International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. We value the unique skills and experiences each individual brings to the bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible. 

 

 

Location(s):  United States : New York : New York City

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.


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