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Commercial Banking Analyst Intern Co-op Winter 2025 Toronto

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Scotiabank

13d ago

  • Internship
    Full-time
    Summer Internship
  • Sales & Business Development
    Banking & Finance
  • Toronto

AI generated summary

  • You should have strong communication skills, be pursuing a business-related degree, understand financial statements, and possess analytical, problem-solving, and presentation skills.
  • You will analyze clients' businesses, support credit decisions, conduct financial modeling, and streamline processes for efficient client interactions and credit underwriting.

Requirements

  • You have excellent verbal, written and interpersonal skills, in order to develop and maintain relationships with Commercial business customers
  • You are enrolled in an MBA or undergrad degree in Business, Commerce, Finance, Accounting, or related discipline
  • You have strong knowledge and understanding of financial statements and accounting principles
  • You have prior experience in providing customer needs-based advice and solutions
  • You have natural curiosity and passion for satisfying customer needs
  • You have analytical skills and strong attention to detail
  • You are able to use MS Word, Excel, PowerPoint, and Outlook effectively
  • You have problem solving skills
  • You have presentation skills
  • You have the ability to operate in a fast-paced, constantly changing environment

Responsibilities

  • Deepen client relationships by understanding clients’ businesses, being a client champion, providing administrative support/service for client-facing interactions and providing actionable recommendations to support credit decisions
  • Conduct company and industry analysis
  • Conduct financial modelling (financial and credit analysis)
  • Collect and assimilate information necessary to make sound credit decisions
  • Make it easy to do business by minimizing touch points to provide fast turnaround times, including sound and timely credit underwriting support and financial analysis

FAQs

What is the job title for this position?

The job title is Commercial Banking Analyst Intern Co-op for Winter 2025 in Toronto.

What type of educational background is required for this internship?

Candidates should be enrolled in an MBA or an undergraduate degree in Business, Commerce, Finance, Accounting, or a related discipline.

Do I need to submit a resume when applying for this position?

No, you do not need to submit a resume. Instead, you should complete a PLUM Profile and upload a screenshot of it when prompted for your resume.

What skills are essential for this role?

Essential skills include excellent verbal, written, and interpersonal skills, strong knowledge of financial statements and accounting principles, analytical skills, attention to detail, problem-solving skills, and proficiency in MS Word, Excel, PowerPoint, and Outlook.

What kind of analysis will I be conducting in this role?

You will conduct company and industry analysis, financial modeling, and credit analysis.

Will I receive training and development opportunities in this role?

Yes, Scotiabank is committed to providing advancement opportunities for those individuals who have the ability, aspiration, and engagement to contribute at higher levels.

How do I apply for this internship?

To apply, you must complete your PLUM Profile, complete a short one-way video interview, and then apply to the role, uploading the screenshot of your PLUM Profile instead of a resume.

Where is the internship located?

The internship is located in Toronto, Ontario, Canada.

How does Scotiabank approach diversity and inclusion?

Scotiabank values the unique skills and experiences each individual brings and is committed to creating and maintaining an inclusive and accessible environment for everyone.

Will I need to participate in a video interview?

Yes, you will need to complete a short one-way video interview as part of the application process.

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