Requisition ID: 172801

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

Duration: Late June – August 2023 (10 weeks)

Location: London, England

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 Internal Control Summer Internship is an exciting opportunity to join the London-based Internal Control team with a focus on the Global Banking & Markets division of a global bank headquartered in Canada for 10 weeks during Summer 2023. The programme will offer unique insights into many of the Bank’s business areas, learn the nature of the non-financial risk and control framework that protects the Bank, and enable you to understand how Internal Control oversees the strategies employed by the Bank to mitigate risks.

What will my responsibilities look like?

• Assist with implementing the control framework in the first line
• Help to administer various monitoring activities
• Prepare periodic reports for onward presentation
• Liaise with other control and support functions to co-ordinate approaches to risk mitigation
• Pool and manipulate sources of data for analysis and reporting
• Work on new initiatives designed to enhance business performance
• Review the local regulatory environment within which the bank operates
• Test existing control effectiveness
• Complete an intern project assignment and present it to the wider team
• Any other ad hoc work tasks assigned by management

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 studying a relevant degree (e.g. Finance, Business)
• Are a self-starter with an inquisitive mindset that is willing to learn
• Are proficient with Microsoft Office applications, particularly Excel
• Are a team-player with strong communication skills
• Have a strong work ethic with excellent attention to detail and a focus to deliver
• Possess a reasonable standard of statistical literacy

How to apply:

Candidates must apply via the Scotiabank career portal and complete all steps outlined below to be considered for this position.

• Fill out an application by clicking the “Apply” button
• Submit your CV when prompted (please note a cover letter is not required)
• Successful applicants will be contacted regarding next steps, which will be formed of two interviews with members of the Internal Control 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): 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. 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.