2026 Risk, Summer Analyst
About The Position
2026 Risk Summer Analyst June 2026- August 2026 New York City, United States 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. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Scotiabank 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, institutional equity sales, trading and research, fixed income products, derivatives, energy, and foreign exchange. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group. Summer Interns will have access to experienced Finance, Global Banking and Markets, and support team executives, as they network and interact with various business partners that support a full-service brokerage and banking organization. The program involves frequent interactive learning sessions led by our experienced professionals. Interns will also have access to our Mentoring 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. Is this role right for you? The Summer Analyst, sits within the US Credit Risk Management team and will cover US corporate borrowers or non-investment grade credits which may include, but is not limited to, the following industry groups: general commercial & industrial, utilities/power, wholesale, agriculture, food & beverage, healthcare, technology, media & entertainment, retail, real estate, hospitality, gaming & leisure, and aerospace & transport. The general responsibility is to provide support broadly to credit risk professionals on the team. It is an entry level position to learn credit risk fundamentals and ideally will provide a career path into a credit officer position. This internship will be based in our NYC office. Please note that future opportunities with this team may be located in other offices, including Dallas. This statement is provided for informational purposes only and does not guarantee future employment opportunities or locations.
Requirements
- You are pursuing an undergraduate degree in business, finance, or related majors with graduation between December 2026- May 2028
- Interest in developing a career in banking and finance.
- Enthusiasm for learning about leveraged finance and non-investment grade credit risk, including exposure to sponsor-backed transactions, key financial metrics, and covenant structures.
- Analytical skills and interests are valuable.
- Strong communication skills, both written and oral.
- Important personal skills include being proactive, someone that takes initiative and is not afraid to ask questions and learn.
- Collaborative, with a strong sense of teamwork is necessary.
- Highly organized with an ability to work in a fast-paced, multi-stakeholder environment and manage multiple priorities.
- Ability to prioritize tasks.
- Creative problem-solving skills and the ability to motivate others and implement new solutions.
Responsibilities
- Review financial statement spreads that support credit underwriting decisions, which may include leveraged finance transactions and non-investment grade borrowers.
- Perform basic review of credit request submissions for accuracy and completeness.
- Contribute to preparation of annual industry reviews and conduct industry research.
- Assist in monitoring the credit portfolio.
- Work closely with credit officers to learn fundamental credit risk analysis.
- Product coverage is broad and will provide exposure to all products that have credit risk, such as loans, loan products, derivatives, commodities, and banking products.
- Provide additional support to the team in a variety of areas as needed, including special projects related to broader strategic initiatives.
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What This Job Offers
Career Level
Intern
Number of Employees
5,001-10,000 employees
