Share this Job

Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance.

Title:  Analyst, GCM Banking - Fall 2022 Internship




Requisition ID: 150737

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.




GCM Banking Analyst (Internship/Co-op)



Fall 2022 (September - December)



Location: Toronto

Deadline: June 12th at 11:59 PM EST



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.


This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. 


Who We Are:



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, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals.  We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.



Your Work Term At-A-Glance:



The GCM Banking group is responsible for the profitable performance and acceptable risk profile of the portfolio of GBM Financial Institution clients (including money center banks, hedge funds, asset managers, broker dealers, governments, central banks/SSAs, central clearers/depositories, and other clients). You will work with the GCM Banking group, and liaise with various GBM business units, and Global Risk Management teams to manage a portfolio of GBM Financial Institutions account relationships.



You’ll also have access to skill-building modules, as well as challenging work-integrated learnings - all of which come together to create a stimulating environment where you will have the chance to thrive. We want you to be a sponge and take it all in, bring your great attitude, always be authentic, and own every opportunity that comes your way. This is your time to shine.


Assist the GCM Banking group with credit-related requests, including (but not limited to) client due diligence, financial, industry and regulatory analysis, and preparation of summary charts/ tables for credit submissions


  • Support new client business, as required, by analyzing financial information (leveraging resources such as Bloomberg, Morningstar, S&P Capital IQ, SEDAR, EDGAR, etc.), counterparty risk profile, and investment strategies  
  • Assist with preparation and maintenance of executive summary and risk summary reports for the GCM Banking portfolio
  • On the job training and exposure to various aspects of the derivative, foreign exchange, commodity, fixed income and equity businesses of GBM
  • Access to mentorship and coaching from direct manager and other experienced group members, and opportunity to liaise with various GBM business units, and Global Risk Management teams



This role is for you if you are/have:


  • Currently enrolled in a University program and returning to school in the fall
  • Working towards a graduate / business degree (MBA, MFin, etc.)
  • Strong record of academic and extracurricular achievement
  • A clearly defined interest in Global Capital Markets
  • Strong written and verbal communication skills
  • Strong analytical and problem solving skills
  • High attention to detail required
  • Demonstrated ability to manage multiple tasks simultaneously while maintaining a high standard of work
  • Demonstrated ability to excel under pressure amid demanding deadlines
  • Demonstrated ability to perform effectively in a team environment
  • Demonstrated ability to quickly adapt to new situations
  • High personal and professional standards
  • A strong sense of personal integrity and teamwork
  • Display a high level of energy and have a keen desire to learn new concepts




How do I Apply?


For students, we believe evaluating you through relationships over resumes, and are focused on learning about who you are and what you’re interested in to uncover your true potential.  In short, we don’t believe resumes will provide us with an accurate depiction of what you’re truly about in order to properly assess your potential.  Instead we want to get to know YOU and hear about the experiences that have shaped you. We know… this might sound crazy but we do not want you to submit your resume instead we ask that as part of your application, you complete the below:


1) Complete your PLUM Profile here


2) Complete a very short one-way video interview by clicking here (if you have already done this, you don't need to do it again)


3) When it prompts you to submit your resume, do not attach your resume! Instead, attach a screenshot of your PLUM profile under the "resume" section. Cover letters are optional.



Note: You do not need to complete your PLUM profile or video interview multiple times if you are applying to multiple positions.  Also, we have full access to your entire profile from Plum and won’t use the screenshot but it’s a great reminder for each of you to have completed it.

We thank you all for your interest in Scotiabank!  However, only those selected for an interview will be contacted. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to meet your needs



**In order to be considered for student opportunities at Scotiabank and/or Tangerine, you must submit your PLUM Assessment and Video Interview. **





Location(s):  Canada : Ontario : Toronto 

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.

Job Segment: Bank, Banking, Equity, Intern, Developer, Finance, Entry Level, Technology