Job Title or Location

GBM - Regulatory and Business Initiatives Intern/Co-op - Fall 2024

Scotiabank - 874 Jobs
Toronto, ON
In-person
Full-time
Student
Posted 11 days ago

Requisition ID: 198843
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Term: September - December 2024

Application Deadline: 05/24/2024

There's no better way to kickstart your career than to do a co-op or internship with Scotiabank! During your work term, you'll have the opportunity to be part of a winning team, build your network, and discover what you love – all while getting paid to do it! There's a place for every type of student at Scotiabank and all that we ask for is that you have passion and strong AOO (Attitude, Ownership and Opportunity).

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.

During your internship you will support the Regulatory and Business Initiatives (RBI) project team in managing the program office and ensuring that initiatives are completed as requested by the senior management of Global Capital Markets and pursuant to the deadlines for compliance set by prudential and market regulators. Currently, the team is responsible for overseeing all aspects of compliance with the Dodd Frank Act legislation under Title VII, the Volcker rule, European Market Infrastructure Regulation (EMIR), Markets in Financial Instruments Directive II (MIFID II) and Scotiabank's participation in the Canadian Financial Markets Infrastructure Committee tasked with ensuring Canada meets its G20 commitments with respect to OTC derivatives.

Is this role right for you? In this role, you will:

  • Provide support to assigned Project Manager or Program Manager as part of a team of regulatory change management professionals
  • Assist in the preparation of project artifacts and templates that ensure business input is provided to bridge the gap between rules requirements and current business practice
  • Assist in the preparation of presentation materials, and progress reports to stakeholders, including senior management
  • Attend program meetings, and serve as meetings secretary when required
  • Maintain databases and internal tools used for tracking project progress, regulatory developments and documentation
  • Conduct research, and one-off projects from time to time when required

Do you have the skills and requirements that will enable you to succeed in this role? – We'd love to work with you if:

  • You are currently enrolled in post-secondary education.
  • 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, competitions, and/or hackathons.
  • Currently pursuing a Bachelors/Advanced Degree in business, finance, engineering, and/or law
  • Interest in and knowledge of the capital markets business
  • Experience working on a major project and/or initiative team
  • Comfortable in dealing with ambiguity and matrix based environment
  • Excellent written and oral communication skills.
  • Advanced skill in MS Suite particularly Excel and Access
  • Considerable initiative, creativity and good judgment are necessary.
  • A high level of energy, commitment and a strong sense of teamwork are needed to succeed in the role.

What's in it for you?

  • You'll be part of a diverse, collaborative, innovative, and high-performing team.
  • In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
  • Exclusive student events such as Scotia Student Day, Lunch & Learns, leadership panels, and much more!
  • Bank-wide orientation to learn more about Scotiabank and gain exposure to senior leadership across the organization.

How do I apply?

For students applying to our internship/co-op or new graduate programs, we do not require resumes! We believe in evaluating you through relationships over resumes and are focused on learning about who you are and what you're interested in to uncover your true potential. Instead, we ask that as part of your application you complete the below:

  1. Complete your PLUM Profile here and save it as a screenshot.
  2. Complete a short one-way video interview here.
  3. Apply to the role and when the application asks for your resume, instead upload the screenshot of your PLUM Profile.

*To be considered for student opportunities at Scotiabank, Tangerine, and MD Financial you must complete all steps above.

Location(s): Canada : Ontario : Toronto
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.

Competition Number: 198843
Save Job