GBM - Corporate Banking, Credit Analytics Group (Cag) Internship/Co-Op - Fall 2024 - 12 month

Requisition ID: 197348

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

Term: September - August 2025
Application Deadline: 05/03/2024

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:

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

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.
• You embody Scotiabank Code of Conduct and contributes to an inclusive and performance-oriented culture.
• You understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• You champion a high-performance environment and contributes to an inclusive work environment.
• You have exceptional attention to detail
• Knowledge of Corporate Banking, loan products or loan operations an asset
• Knowledge of internal systems (Credit360, CARDs, CRS, Salesforce) an asset
• Knowledge of Capital Call facilities and requirements as asset

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 and your most recent transcript.

*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.