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Title:  Velocity - Global Risk Management, Data & Analytics Internship/ Co-op - Fall 2022




Requisition ID: 152098

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


Velocity – Global Risk Management, Data & Analytics Intern

Fall 2022 (4 Months: September – December)


Position Close Date: Friday, May 27th, 2022 


There's no better way to find your dream job 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).


The Velocity Program is not your average internship or co-op! This is a customized experience that focuses on providing you with the development and tools you need to grow your career. After successfully completing a co-op or internship with top performance, we will work with you to establish your future placements. As a result, you will get to learn, grow, and experiment within different areas of both Scotiabank and Tangerine!


Is this role right for you? In this role, you will:

As an Data & Analytics Co-op Student, the successful candidate will contribute to the control of credit and operational risk for Domestic Personal Lending and Small Business products by providing analytical support to the Risk Management group, including risk models development, acquisitions, portfolio management, and collections.

He/she undertakes detailed statistical analysis to assess measure and enhance credit risk ratings, strategies and predictive models. The incumbent is also responsible for producing and maintaining reports and ad-hoc requests.


What will I contribute toward?


  • Assist in developing new or enhancing existing reports/databases/analytical models by determining the most effective and efficient data compilation method, undertaking the design of reports by combining multiple programs (SAS, DB2, Excel, etc.), and testing/documenting the creation of new reports and procedures.
  • Complete ongoing analysis, produce trends and forecasts to support the analysis of new and existing policies and strategies by writing programming code (SAS, SQL) to mine data, manipulating/combining data from a variety of sources, producing/maintaining reports/spreadsheet applications, and reviewing/interpreting results to ensure accuracy.
  • Provide support during preparation of non-routine reporting requests, as required, by: researching/extracting data while ensuring accuracy, preparing analyses to identify issues and trends, providing results to Senior Analysts/Senior Manager for discussion with client, and contributing to preparation of presentations.
  • Develop and produce detailed monthly, quarterly and annual risk management reports on acquisition and portfolio management trends, key risk management indicators, credit quality, etc.


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

  • Strong proficiency in statistical analysis and data mining, including ability to work with large amounts of data.
  • Excellent computer programing skills, particularly statistical and database modelling tools, well developed ability to adapt to various programing languages and environments.
  • Advanced knowledge of SAS or an equivalent statistical package
  • Reporting tools like MS Power BI, Tableau
  • Knowledge of SQL, Python
  • Excellent PC skills with expertise in MS Access and Excel
  • Good understanding of financial mathematics and statistics
  • Exposure to risk management concepts and practices an asset
  • Solid knowledge of data management, aggregation and analysis techniques
  • Excellent problem solving and decision-making skills
  • Superior attention to detail able to draw conclusions from large volumes of data
  • Effective interpersonal and verbal communication skills to interact with both internal and cross-functional groups
  • Ability to work independently while solving complex tasks and projects
  • Working towards the successful completion of a post secondary degree in mathematics, statistics, economics or business


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?


Please complete all three steps below:

  1. Complete your PLUM Profile here and save as a screenshot.
  2. Complete a short 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.

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.

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



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: Risk Management, Statistics, Data Management, Database, Analytics, Finance, Data, Technology, Management