Global Banking And Markets - Corporate Banking Intern/Co-Op - Winter 2024

Requisition ID: 180914

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

Term: January - April

Application Deadline: 07/24/2023 

 

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). 

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? In this role, you will:

• Other ad hoc duties as required.
• Review credit/lending agreements to identify financial reporting, covenant and pricing requirements.
• Process borrower compliance in accordance with policies and established procedures.
• Review external customer reports; research company information using external rating agencies such as Janus, FactSet, S&P, Moody’s and Bloomberg.
• Act as backup to produce daily compliance reporting.
• Investigate and resolve any discrepancies related to compliance tasks.
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Cross check Borrower information to ensure it is up-to-date and aligned with internal documents and platforms.
• Review Borrower pricing details and capture changes in margins.
• Perform analytics functions by assessing trends, material changes and identify high risk triggers.

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 champion a high-performance environment and contributes to an inclusive work environment.
• You are currently enrolled in post-secondary education. 
• You enjoy being involved in extracurricular activities such as conferences, clubs, competitions, and/or hackathons. 
• Knowledge of internal systems (Credit360, CARDs, CRS, Salesforce) an asset
• You embody Scotiabank Code of Conduct and contributes to an inclusive and performance-oriented culture.
• Knowledge of Corporate Banking, loan products or loan operations an asset
• You have exceptional attention to detail
• You understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• You love to learn and envision yourself working for an international organization that heavily invests in your future. 
• Knowledge of Capital Call facilities and requirements as asset 

What’s in it for you? 

• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed! 
• You’ll be part of a diverse, collaborative, innovative, and high-performing team. 
• 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?

 Instead, we Ask That As Part Of Your Application You Complete The Below

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.

• To be considered for student opportunities at Scotiabank, Tangerine, and MD Financial you must complete all steps above.
• 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.
• Complete a short one-way video interview here.
• Complete your PLUM Profile here and save as a screenshot.

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.