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2025 Ireland Treasury Summer Internship

Scotiabank

Scotiabank

Accounting & Finance
Dublin, Ireland
Posted on Jan 14, 2025

Requisition ID: 214243

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

Duration: Mid June – August 2025 (10 weeks)

Location: Dublin, Ireland

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 recognised 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.

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.

Is this role right for you?

The Treasury Summer Internship is an exciting opportunity to gain hands on experience across multiple financial market products used in modern day Treasury management giving you the opportunity to gain insight into the daily workings of the following areas:

  • Liquidity Management
    • Unsecured funding
    • Secured funding
    • Fixed income / credit portfolio management using bond and derivative positions
    • Management of nostro account and daily cash positions using foreign exchange (FX) spot and forward positions

  • Balance sheet management:
    • Interest rate risk management using interest rate swaps (IRS)
    • Funds transfer pricing (FTP)
    • Net interest margin (NIM) / Net interest income (NII) forecasting and management
    • Primary/Secondary fixed income investments

What can I expect from the internship?

  • Work closely with key internal stakeholders, i.e. Capital Markets Sales & Trading and Debt Capital Markets, Market & Liquidity Risk (TFRM) Management, Finance and Operations to develop a strong understanding of financial markets and products, with the opportunity to apply knowledge to real world situations
  • Shadowing dealers to learn risk management techniques and develop key deal execution skills
  • Completing projects set by the team which includes preparing market commentary, understanding the balance sheet and it risks, and other ad hoc tasks
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities
  • Interns will have the opportunity to present to leaders within Group Treasury on a project of their choice

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 a penultimate year undergraduate student graduating in 2026 studying a relevant degree (e.g Economics, Law, Accounting and Finance etc)
  • Have a demonstrated interest in and knowledge of the financial markets
  • Have strong MS office skills, e.g. advanced MS Excel, and can practically apply these to solve problems
  • Have strong interpersonal skills and the ability to work in a collaborative environment
  • Have the ability to overcome challenges presented by a constantly changing work environment

How to apply:

You must apply via the Scotiabank career portal 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 CV when prompted (please note a cover letter is not required)
  3. Successful applicants will be contacted regarding next steps, which will be formed of two interviews with members of the Group Treasury team

Summer Internship applications are reviewed on a rolling basis. We thank all candidates for taking the time to apply; however, only those candidates selected for an interview will be contacted.

Scotiabank is committed to providing an inclusive and accessible candidate experience. If you require accessibility accommodations during the recruitment, selection, and/or onboarding processes, please let us know. We will work with you to meet your needs.

We value the unique skills and experiences everyone brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Accommodations (including, but not limited to, an accessible interview site, alternate format documents, or Assistive Technology) at any stage of the recruitment life cycle will be provided upon request.

Location(s): Ireland : Leinster : Dublin

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.