GBM - Investment Banking Internship/Co-op - Winter 2027

Scotiabank•Toronto, ON

10d•Onsite

About The Position

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. The Co-op Analyst Program at Scotiabank is designed to introduce undergraduate students to the stimulating and challenging career of investment banking involving debt and equity financing, mergers and acquisitions, financial advisory work and business development in several industry sectors. Each Co-op Analyst will have the opportunity to rotate through up to two groups within investment banking. Co-op Analysts will learn to perform complex financial analysis such as market comparisons, company valuations and pro forma financial modeling. In addition, Co-op Analysts prepare company and industry specific research to support financial valuations. Putting forth a strong and consistent effort is critical to the success and development of an Analyst at Scotiabank. Co-op Analysts must have a strong work ethic, be accommodating and maintain extremely high professional standards. A Co-op Analyst is typically involved in a number of workstreams and projects at the same time and will work with several senior group members concurrently. Balancing the requirements of multiple assignments and/or projects can be very demanding. The challenging nature of the work, combined with long hours at the office, requires intense effort and dedication. Co-op Analysts must also be willing to work extended business hours, including weekends as required, in order to meet multiple work deadlines. Co-op Analysts will have access to the Global Banking and Markets Learning Program, focusing on Capital Markets, Investment Banking, Corporate Banking, Equity Research, Financial Engineering, etc. In addition, Analysts will have an opportunity to meet and network with students working across Scotiabank and get involved in the Scotiabank Student Social Committee.

Requirements

Currently enrolled in post-secondary education in a Business, Science, Technology, Engineering, Economics or Math discipline with a target graduation year of 2028.
Proven record of outstanding achievement in academic and extracurricular activities
Effectively learns new skills with a high cadence of personal development
Enjoy being involved in extracurricular activities such as student-run investment funds, conferences, clubs, and competitions/hackathons
Clearly interested in Investment Banking
Envisions themselves working for an international global organization that heavily invests in their future.
Possess strong quantitative skills focused on financial analysis, accounting and financial theory
Can communicate effectively both in writing and verbally
Have a high level of attention to detail
Manage multiple projects simultaneously while maintaining a high standard of work
Maintains high professional standards with a strong sense of personal integrity and teamwork
Demonstrates an ability to quickly adapt to new situations
Has a high level of energy and a keen desire to learn new concepts
Is an independent thinker and have proven ability to make decisions

Responsibilities

Evaluate and analyze the financial needs of corporate clients, including the development of financial models, marketing materials and presentations
Support client pitch and deal execution efforts
Prepare financial and written analysis of companies and industries, including the development of valuation models, pro forma financial statements and comparable company analysis, etc.
Perform in-depth company and industry research
Source data required to perform financial analysis
Draft prospectuses and marketing presentations for transactions
Prepare client presentations
Apply product and capital markets knowledge to help clients achieve their financial objectives