Requisition ID: 260425
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Term: September 2026 - December 2026
Application Deadline: 05/22/2026
Location: Toronto, ON
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).
As part of the Global Capital Markets group, Global Analytics and Financial Engineering works closely with the trading and marketing groups to provide analytics, to help develop new product capability and are also involved with developing new business lines. The work is often structured as projects, and usually the projects are analytic, technological, or process-related in nature. The Co-op Analyst is required to focus on one or two specific product areas but can also be required to work on other business line initiatives as the priority changes in our dynamic trading environment.
Financial Engineering is a friendly and supportive group working within an exciting environment. You will gain valuable knowledge of financial markets and instruments, while making substantial contributions to a large-scale trading operation. Previous co-op students have moved on to various positions within the organization following graduation There are opportunities within GAFE for students to work with the Interest Rate Derivatives, Credit Derivatives, Equity Derivatives and Commodity Derivatives business lines.
Students hired for the semester will have access to numerous learning opportunities: a lecture series on the different business lines and how they work, access to the Global Banking and Markets Wiki where all models are documented, opportunities to talk to traders, marketers, and analysts to learn from their experiences.
Is this role right for you? In this role, you will:
- Assist the development and testing of cutting-edge derivatives pricing models
- Build quantitative tools for trading and structuring desks
- Build and maintain infrastructure processes for new business lines
- Ad hoc investigations for trading and marketing desks
- Conduct Mark-to-Market impact and sensitivity analysis for different models
- Provide support to the trading and sales desks
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.
- You have solid C++ programming skills. Knowledge of Java, Python, Shell scripts, or Excel is a plus.
- You have good math skills, knowledge of numerical methods and derivatives products a plus.
- You have strong analytic and problem-solving skills.
- You have strong interpersonal skills, results oriented and a team player.
- You are able to work well in a fast-paced environment with changing priorities.
- You are currently enrolled in a Software Engineering, Computer Science, Engineering, Mathematics, Statistics, Business/Finance, Actuarial Science or other quantitative disciplines.
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.
This internship will offer you an excellent opportunity for learning and personal development, especially to those who wish to gain exposure to global capital markets their related technologies. Throughout your term you’ll also have access to skill-building modules, as well as challenging work-integrated learnings - all of which come together to create a stimulating environment where you will have the chance to thrive. We want you to be a sponge and take it all in, bring your great attitude, always be authentic, and own every opportunity that comes your way. This is your time to shine.
How do I apply?
1. Apply to the role and upload your
resume and full academic transcript to the resume section
2. Complete a one-way video interview
here.
3. Please complete the codility assessment
here.
- 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. 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.
