Requisition ID: 212754

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

GBM – GCM Banking Internship/Co-op – Summer 2025

Term: May – August 2025

Application Deadline: January 17, 2025

Location: 40 Temperance Street, Toronto

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 & 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.

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.

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

• 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 team

• 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

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.

• 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, competitions, and/or hackathons.

• 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

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 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.

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