Requisition ID: 186088

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

Duration: Mid-June – end of August 2024 (10 weeks)

Location: London, United Kingdom

Scotiabank is offering a fantastic opportunity to gain hands on experience within our Corporate Banking Summer Internship programme commencing in June 2024.

This 10-week Internship is aimed at students in their penultimate of study who are keen to learn and have a curiosity in the financial markets. Corporate Bankers are committed to understanding their clients’ needs and providing solutions to a wide array of requirements whilst building strong and lasting customer relationships. The programme allows interns to gain hands-on experience in a stimulating and challenging environment, building knowledge and skills in relationship management and credit-related activities by rotating through several industry sectors within Scotiabank’s Corporate Banking business.

What can you expect from the Summer Internship?

• Assist team members with the analysis of term sheets and due diligence materials, preparation of credit presentations and recommendations for review by banking senior management, risk management and the London Credit Committee, negotiation of documentation with clients or other banks including closing procedures culminating in the execution of the transaction.
• Assist with monitoring of assigned portfolio with duties to include assisting on conducting annual reviews, reviewing compliance certificates and participation in regulatory / KYC processes.
• Research companies, assets and transactions using public and private information sources to prepare meaningful analyses.
• Work closely with deal teams on live transactions and provide timely client support.
• Participate in marketing efforts with Directors/MDs including distribution of marketing pitches.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

Our Summer Internship is designed to give you an insight into what life at Scotiabank is really like so, in addition to the individual rotations, interns will take part in a centralised programme of activities including a weekly speaker series with leaders from across the Bank, peer to peer intern presentations, as well as social and networking events.

Interns will also be expected to deliver a final presentation to leaders within Corporate Banking, as well as be given the opportunity to work on a CSR project alongside one of our chosen charities in either raising money or working on a challenge benefiting that particular charity.

Upon completion of the internship, exceptional interns will be considered for entry onto our 2025 Corporate & Investment Banking Rotational Graduate Programme.

Unlike other graduate programmes, Scotiabank aims to give successful candidates responsibilities far greater than other programmes to enhance the pace of learning versus their industry peers.

Do you have skills and the requirements that will enable you to succeed in this role?

• You are a penultimate year undergraduate student
• We welcome applications from any degree discipline
• You are available for a 10-week period between mid-June – end of August 2024
• You have a demonstrated interest in and knowledge of the financial markets
• Exceptional organisational, analytical, and problem-solving skills
• Excellent communication skills and ability to work in a collaborative environment
• Strong attention to detail and critical thinker
• You love to learn and envision yourself working for an international organisation that heavily invests in your future
• You have the right to work in the United Kingdom

How to apply:

1) Fill out an application via the Scotiabank careers portal and submit your CV when prompted (please note a cover letter is not required)

2) Successful applicants will be contacted regarding next steps, which will include a one-way video interview, a virtual panel interview with members of the Corporate Banking team, and an Assessment Centre

Summer Internship applications are reviewed on a rolling basis. We thank all candidates for applying, however due to the number applications we will only contact those who are selected for an interview.

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):  England : Greater London : London

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.