Requisition ID: 245690
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
Velocity Global Risk Management Internship/Co-OpSummer2026
Term:May2026August2026
Work Hours/Week: 37.5
Application Deadline: 01/16/2026
Theresno better way to kickstart your career than to do a co-op or internship with Scotiabank! During your work termyoullhave the opportunity to be part of a winning team build your network and discover what you love all while getting paid to do it!Theresa place for every type of student atScotiabankand all that we ask for is that you have passion and strong AOO (Attitude Ownership and Opportunity).
The Velocity Program is not your average internship or co-op! This is a customized experience that focuses on providing you with the development and tools you need to grow your career. After successfully completing a co-op or internship with top performance we will work with you toestablishyour future placements. As a result youwill get tolearn grow and experiment within different areas of both Scotiabank and Tangerine!
What is Global Risk Management
Our Global Risk Management teams are highly diverse groups with a variety of streams that filter into various Risk areas. These different streams include Market Risk Business Banking Credit Risk Enterprise Risk and Retail Risk where there are significant opportunities to gain a breadth of exposure within your focus area. Successful candidates will bring strong technical skills relevant to their chosen area in addition to excellent communication and time management skills. Some roles like Enterprise Risk for example will carry a higher focus on risk modelling and analytics while others like Market Risk will be tied to an interest in capitalmarketsactivities. If this sounds interesting and exciting to you we encourage you to research the areayouremost passionate about in the space of Risk Management and apply today!
About the GRM Business Banking Credit Risk Stream:
The Business Banking Credit Risk teams provide credit adjudication and risk oversight for an assigned portfolio within Global Banking & Markets (GBM) Canadian Commercial Banking (CCB)and International Banking (IB) by ensuring that the portfolio ismaintainedin sound condition with the Banks current credit policy.
Aboutthe GRM Enterprise Risk Stream:
GRMs Enterprise Teamprovide2nd line governance and oversight to our business lines andsupport functionpartners in managing their non-financial risks across many categories. The risk domainsyoulldirectly cover are non-financial risks which would include Operational Risk Third Party Risk Model Risk and Environmental Risk where the team drivesmethodologyand provides 2nd line oversight and challenge.
About the GRM Market Risk Stream:
The Market Risk stream provides risk oversight for the trading and treasury portfolio in the Bank. Working in close collaboration with the business line our Market Risk teamsensure marketrisks are understood and controlled. This involves understanding risk/rewardtradeoffsand working with front office staff to helpfacilitatebusiness success. Across the team roles range from quantitative modelling to risk oversight with a strong connection to capital market dynamics.
Aboutthe GRM Retail Credit Risk Stream:
The Retail Credit Risk stream iscomprisedof multiple areas including Risk Technology Retail Risk Secured Lending and Small Business and Retail Risk Data and Analytics. Across these areas teams work on data manipulation risk technology project work customeranalyticsand portfoliomanagement allwith a credit risk includes analyzing the effectiveness of risk strategies performing portfolio trend analysis and pulling summarizing and presenting each of these rotations you will have regular interactions with senior management.
Is this role right for you In this role you will:
Do you have the skills and requirements that will enable you to succeed in this role Wedlove to work with you if:
Whatsin it for you
How do I apply
For students applying to our internship/co-op or new graduate programs we do notrequireresumes! We believe in evaluating you through relationshipsover resumes and are focused on learning about who you are and whatyoureinterested in to uncover your true ask that as part of your application you complete thebelow:
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.
Required Experience:
Intern
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.