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Title:  Global Banking and Markets - Sales and Trading Intern/Co-op - Fall 2024




Requisition ID: 196422

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


Term: September-December 2024

Application Deadline: 04/22/2024

Location: Toronto or Calgary


There's no better way to kickstart your career than to do a co-op or internship with Scotiabank! During your work term, you’ll have the opportunity to be part of a winning team, build your network, and discover what you love – all while getting paid to do it! There’s a place for every type of student at Scotiabank and all that we ask for is that you have passion and strong AOO (Attitude, Ownership and Opportunity).


Who We Are:


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


The Capital Markets, Sales & Trading Internship is a four-month position at Scotiabank Global Banking and Markets that is designed to introduce undergraduate and graduate students to the stimulating and dynamic environment of wholesale sales & trading. Students could be placed in one of the following areas:


  • XVA Trading
  • Fixed Income Derivative Solutions
  • Commercial FX and DPG
  • Corporate Derivatives Product Group
  • Risk Solutions Structuring
  • Retail FX and Precious Metals
  • FX Trading
  • Government Finance
  • Fixed Income Sales and Trading
  • Mortgage Aggregation and ABS Trading
  • FICC Structuring
  • Canadian Rates Trading
  • Collateral Management and Funding
  • Commodities Derivatives
  • Global Equity Derivatives
  • Prime Services
  • Equity Financial Resource Management


The objective of the internship is to identify exceptional candidates for full-time opportunities or a second internship with the GBM Capital Markets team. All interns will have access to our mentorship program where students are teamed-up with a mentor who will serve as a guide for both professional and personal development. Additionally, there is a capstone project for all interns that provides them the opportunity to learn about a different business area and build additional professional relationships.


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? In this role, you will:

  • Provide assistance to the Sales, Trading and Structuring staff on the trade floor in the execution of their day-to-day functions
  • Assist in preparing client pitches and presentations, daily market commentary and providing timely client support
  • Work on research projects as required



Do you have the skills and requirements that will enable you to succeed in this role? We’d love to work with you if:

  • You are currently enrolled in post-secondary education in a Business, Science, Technology, Engineering, Economics or Math discipline
  • You love to learn and envision yourself working for an international organization that heavily invests in your future
  • You enjoy being involved in extracurricular activities such as conferences, clubs, and competitions/hackathons
  • You have a demonstrated interest and knowledge in the financial markets
  • You have a proven record of outstanding achievement in academic and extracurricular activities
  • You have strong interpersonal skills and the ability to work in a collaborative environment
  • You have the ability to overcome challenges presented by a constantly changing work environment
  • Having a working knowledge of VBA, Python or other programming languages is a bonus!


What’s in it for you?

  • You’ll be part of a diverse, collaborative, innovative, and high-performing team.
  • In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
  • Exclusive student events such as Scotia Student Day, Lunch & Learns, leadership panels, and much more!
  • Bank-wide orientation to learn more about Scotiabank and gain exposure to senior leadership across the organization.


How do I apply?


For students applying to our internship/co-op or new graduate programs, we do not require resumes! We believe in 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. Instead, we ask that as part of your application you complete the below:


  1. Complete your PLUM Profile here and save as a screenshot.
  2. Complete a one-way video interview here.
  3. Apply to the role and when the application asks for your resume, instead upload the screenshot of your PLUM Profile and your most recent transcript.


*To be considered for student opportunities at Scotiabank, Tangerine, and MD Financial you must complete all three steps above.





Location(s):  Canada : Ontario : Toronto || Canada : Alberta : Calgary 

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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