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Velocity – Global Risk Management Internship/Co-Op – Fall 2024

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Scotiabank

3mo ago

Applications are closed

  • Internship
    Full-time
    Off-cycle Internship
  • Banking & Finance
  • Toronto

Requirements

  • You love to learn and envision yourself working for an international organization that heavily invests in your future.
  • You enjoy being involved in extracurricular activities such as conferences, clubs, and competitions and/or hackathons.
  • You are currently working towards completion of an undergraduate, post-graduate certificate, MBA or Masters program in Finance, Economics, Risk Management, or related financial discipline
  • Strong analytical skills and experience with financial statement analysis, financial concepts, and accounting principles and practices
  • Knowledge of Python, SQL, VBA, MS Office is an asset
  • Strong verbal and written communication skills to report complex outputs and findings in a concise and comprehensive manner
  • Attention to detail with a strong ability to multi-task while maintaining a high work standard
  • Demonstrated flexibility in adapting to constantly changing environments

Responsibilities

  • 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 is maintained in sound condition with the Bank’s current credit policy.
  • About the GRM, Enterprise Risk Stream:
  • GRM’s Enterprise Team provide 2nd line governance and oversight to our business lines and support function partners in managing their non-financial risks across many categories. The risk domains you’ll directly cover are non-financial risks, which would include Operational Risk, Third Party Risk, Model Risk and Environmental Risk where the team drives methodology and 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 teams ensure market risks are understood and controlled. This involves understanding risk/reward trade offs and working with front office staff to help facilitate business success. Across the team, roles range from quantitative modelling to risk oversight with a strong connection to capital market dynamics.
  • About the GRM, Retail Credit Risk Stream:
  • The Retail Credit Risk stream is comprised of 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, customer analytics and portfolio management all with a credit risk perspective. This includes analyzing the effectiveness of risk strategies, performing portfolio trend analysis, and pulling, summarizing, and presenting data. In each of these rotations, you will have regular interactions with senior management.

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Mission & Purpose

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Culture & Values

  • Respect

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  • Integrity

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  • Passion

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  • Accountability

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