2027 Global Capital Markets Summer Analyst

Requisition ID: 254010

Salary Range:110000.00-110000.00

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors including but not limited to the successful candidates relevant knowledge skills and experience.

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

Why work for Scotiabank

Scotiabank is a leading bank in the Americas. We are powered by our 97000 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 youll get to learn and develop your skills while being recognized for your hard work. At Scotiabank were passionate about bringing our whole selves to work allowing us to create inclusive work environments for everyone to enjoy. Global Banking and Markets provides a full range of credit risk management and investment banking products and services relevant to the financing and strategic development needs of our clients. Our products include investment banking mergers & acquisitions corporate banking institutional equity sales trading and research debt products derivatives foreign currencies and commodities. We also cross-sell the full range of wholesale products and services offered by Scotiabank.

Program Overview

The 10-week Global Capital Markets (GCM) Internship places students on a specific front-office desk across our U.S. platform. High-performing interns may receive an offer to return as full-time Analysts in the GCM Rotational Program the following will be placed in one of the following areas:

• Sales and Trading
• Origination
• Securitized Products
• Financing and Prime Services
• Analytics and Research

The objective of the internship is to identify exceptional candidates for full-time opportunities. Summer Interns will have access to the Global Banking and Markets Learning Program frequent interactive learning sessions led by our experienced professionals. Interns will also have access to ourmMentoring program where students will be teamed up with a mentor who will serve as a guide for professional and personal development. We are committed to offering you extensive opportunities for training hands-on experience and career advancement. Simply put your future is our investment.

What will my responsibilities look like (varies by desk)

• Provide assistance to the Sales Tradingand Structuring staff on the trade floor in the execution of their day-to-day functions
• Participate in research/strategy publications earnings-call notes and sector screens.
• Keep abreast of market information economic releases trends and factors that affect market movement.
• Work on research projects as required
• Support daily desk workflow: market monitoring pricing support risk/PnL checks and client-ready materials.
• Build simple tools and analyses in Excel and potentially Python/Javato automatereports improve data quality and visualize insights.
• Contribute to pitchbooks investor updates and new issue execution on origination desks.
• Assist with collateral analytics and documentation reviews in securitized products.

Desk Placements

• Sales & Trading:Rates Credit EM Repo eFX Commodities Equity Derivatives
• Capital Markets Origination:Investment Grade DCM Government Finance Private Placements Sustainable Finance
• Securitized Products:ABS/CMBS/RMBS Warehouse Lending Whole Loan Trading
• Financing & Prime Services:Prime Brokerage/Equity Finance Fund Finance Structured Solutions
• Analytics & Research:Credit Strategy Equity Research US Rates Strategy GAFE

Full-time Rotational Program Eligibility

• All interns will be considered for the full-time rotational program based on performance over the 10-week program
• Interns recommended for the rotational program must complete an interview for admission into the program organized for the final weeks of the summer program
• For STEM/quant focused interns only:
  • Interns complete a brief Python benchmark during full-time conversion interviews (joins rolling metrics basic chart).
  • Passing the benchmark confirms eligibility for quant/strats rotations if you receive a full-time offer.

Skills Profile

Baseline (required for all interns):

• Undergraduate or Graduate Degree to be completed between December 2027 and August 2028 in Business Accounting Science Technology Engineering Economics and Math but all majors are welcome
• Proven record of outstanding achievement in academic and extracurricular activities
• Strong interpersonal skills and ability to work in a collaborative environment
• Ability to overcome challenges presented by a constantly changing work environment
• Practical Python fundamentals (pandas data wrangling and plotting).
• Evidence of hands-on Python (coursework or small projects).
• Excel proficiency (lookups pivots) and strong analytical curiosity.
• Clear written and verbal communication; professionalism and attention to detail.
• Interest in markets and understanding of risk and controls.

Preferred (desk-dependent):

• SQL and/or Power BI/Tableau; Bloomberg familiarity.
• For quant/strats: stronger Python (NumPy/pandas) Git/Jupyter basic statistics/time series.
• For origination/research: corporate finance/accounting strong slide writing and data storytelling.

How to Apply:

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

1. Fill out an application by clicking the Apply button.
2. Submit your resume as a single PDF when prompted.
3. Successful applicants will be contacted for next steps including a video interview.

We thank all candidates for taking the time to apply; however only those candidates selected for an interview will be contacted. We do not offer any type of employment-based immigration sponsorship for this program. Likewise Scotiabank will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).

As Canadas Most International Bank we are a leader when it comes to inclusion. We are a diverse and global team speaking more than 100 languages with backgrounds from more than 120 countries. 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 during the recruitment and selection process please let us know. We will work with you to provide as seamless a recruitment experience as possible.

Location(s): United States : New York : New York City

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.