Requisition ID: 110622
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Impact: Sales and Trading Rotational Program
August 2021, Full-Time
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.
This is a place where you'll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we're passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy.
Who We Are?
Position Highlights: The Analyst-in-Training Program is the stepping stone to becoming an Analyst in one of our Capital Markets' main business areas: Capital Markets Group (Derivatives, Debt Capital Markets, Structured Products), Foreign Currencies and Commodities, Global Equity Finance and Equity Sales & Trading.
For individuals who are passionate about the capital markets, this program is designed to develop technical, analytical and interpersonal skills in the sales, trading and structuring functions. The program consists of three components:
Classroom: The Capital Ideas Program is designed to orient participants to our culture, people, products and services and to provide the soft and technical skills, and contacts critical for success. From day one, Analysts/Associates work with their peers from around the world to expand their global network. Team projects, individual study and social activities supplement classroom discussions.
Rotation: Analysts/Associates begin their 12-month program gaining a solid understanding of credit and trade floor risk after which they begin a highly structured program moving through various trading and sales desks, gaining exposure to a wide variety of products and services.
International: Our business is global, so we think it's important that new Analysts/Associates spend a segment of the hands-on rotation in New York, London or Asia. Through these assignments they gain an appreciation and understanding of the global nature of our business and client needs.
Feedback: We believe that ongoing feedback is a critical component to any learning process. Throughout the program Analysts/Associates are provided with ongoing feedback from their Mentor, the Program Manager, and a Supervisor within each business.
Placement: Upon completion of your final rotation, you will be placed in one of the Capital Market business areas.
- An Undergraduate degree or relevant Master's degree completed between 2016 and 2021
- Completion of CFA Level 1 is preferred
- A demonstrated interest and knowledge in the financial markets
- A proven record of outstanding achievement in academic and extracurricular activities
- An independent thinker and decision maker who is able to contribute effectively to the team's success
- Superior interpersonal and analytical skills
- Ability to meet the challenges presented by a stressful, constantly changing work environment.
- Provide assistance to the Sales, Trading and Structuring staff on the trade floor in the execution of their day to day functions
- Work on research projects that may be required from time to time
- Prepare client presentations and daily market commentary
- Provide exceptional client support
- Keep abreast of market information, economic releases, trends and factors that affect market movement.
How do I Apply?
For students, we are focused on learning about who you are and what you're interested in to uncover your true potential. In short, we don't believe resumes will provide us with an accurate depiction of what you're truly about to properly assess your potential. Instead we want to get to know YOU and hear about the experiences that have shaped you. We know... this might sound crazy but for students applying to one of our co-ops, internships or TILT new grad programs we are no longer requiring resumes. Instead we ask that as part of your application, you complete the below:
- Complete your PLUM Profile: here
- Save your PLUM Profile as a screenshot
- Complete a short one-way video interview: here (if you've already done this, you don't need to do it again!)
- When it prompts you to submit your resume,
do not attach your resume! Instead, attach your most recent transcript and your PLUM profile in one PDF under the "resume" section. Cover letters are optional.
Note: You do not need to complete your PLUM profile or video interview multiple times if you are applying to multiple positions. Also, we have full access to your entire profile from Plum and won't use the screenshot but it's a great reminder for each of you to have completed it.
We thank you all for your interest in Scotiabank! However, only those selected for an interview will be contacted. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to meet your needs
**In order to be considered for student opportunities at Scotiabank and/or Tangerine, you must submit your PLUM Assessment and Video Interview. **
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.