FAQs
What is the primary focus of the GBM - Investment Banking Intern/Co-op role at Scotiabank?
The primary focus of the GBM - Investment Banking Intern/Co-op role is to introduce undergraduate students to investment banking, involving activities such as debt and equity financings, mergers and acquisitions, financial advisory work, and business development across various industry sectors.
What kind of training will I receive as a co-op analyst?
As a co-op analyst, you will have access to the Global Banking and Markets Learning Program, which covers topics such as Capital Markets, Investment Banking, Corporate Banking, Equity Research, and Financial Engineering, as well as ongoing coaching and feedback to help you succeed.
What are the key responsibilities of a co-op analyst in this role?
Key responsibilities include evaluating and analyzing the financial needs of corporate clients, developing financial models, preparing client presentations and marketing materials, conducting written analysis of companies and industries, and supporting client pitch and project execution efforts.
What qualifications are required for this internship position?
Candidates must be currently enrolled in post-secondary education in disciplines such as Business, Science, Technology, Engineering, Economics, or Math, possess strong quantitative skills, have a defined interest in Investment Banking, and demonstrate a high level of attention to detail and professional standards.
Are there any specific skills that would help me succeed in this role?
Yes, strong written and verbal communication skills, the ability to manage multiple projects simultaneously, adaptability to new situations, personal integrity, teamwork, and a high level of energy and eagerness to learn new concepts are essential for success in this role.
How can I prepare myself for the demanding nature of the work in this internship?
To prepare for the demanding nature of the work, it is important to develop a strong work ethic, be willing to work extended hours, and practice managing multiple assignments effectively while maintaining a high standard of work.
Will I have opportunities to network within the organization during this internship?
Yes, interns will have opportunities to network with fellow students across Scotiabank and participate in exclusive student events such as Scotia Student Day, Lunch & Learns, and leadership panels.
What can I expect in terms of work culture within the team at Scotiabank?
You can expect to be part of a diverse, collaborative, innovative, and high-performing team that values teamwork and personal integrity, fostering an environment where learning and personal development are prioritized.
Is previous experience in investment banking required for applying to this co-op position?
No prior experience in investment banking is explicitly required; however, a clearly defined interest in the field, along with a proven record of achievement in academic and extracurricular activities, is essential.
When will the internship take place, and how long is the duration?
The internship is scheduled for Winter 2025, although specific duration details should be confirmed with the job posting or recruitment team.
How do I apply for the GBM - Investment Banking Intern/Co-op position?
To apply for the position, you would typically need to visit the Scotiabank careers page, search for the internship posting, and follow the application instructions provided there.