The Capital Ideas Program

The Capital Ideas Program is an in-depth orientation program designed to introduce you to our culture, people, products and services. From day one, you will meet your peers from around the world and expand your global network. You will also get the chance to meet and network with senior leaders. Team projects, individual study and social activities supplement classroom discussions.

At Scotiabank, we strongly believe in giving back to communities in order to create better places to live and work. As such, a unique initiative of this program allows participants to get involved with the community by spending some time volunteering at a local charity. This valuable experience gives participants the opportunity to build relationships with peers and the community.

Investment Banking/M&A Summer Program

Right for you if:

  • You are seeking an internship where you will have the opportunity to learn about Investment Banking, Mergers & Acquisitions and financial advisory in the oil and gas industry
  • You want an internship where you will add value, be challenged and have tremendous growth opportunities

The Summer Analyst Program is designed to introduce undergraduate students to the stimulating and challenging career of investment banking involving debt and equity financings, mergers and acquisitions and financial advisory in the oil and gas industry. Summer Analysts will learn to perform complex financial analysis such as market comparisons, company valuations and pro-forma financial modelling. In addition, Analysts prepare company and industry specific research to support financial valuations.

Accountabilities


  • Financial and written analysis of companies and industries, including the development of valuation models, pro-forma financial statements and comparable company analysis, etc.
  • Preparing marketing materials
  • Preparing client presentations

Qualifications


  • Undergraduate degree to be completed by Spring of the following year
  • Proven record of outstanding achievement in academic and extracurricular activities
  • Clearly defined interest in Investment Banking and/or M&A
  • Excellent quantitative skills
  • Strong sense of integrity and teamwork

How to Apply


Summer internships run from May through August. Please check you school’s Career Centre for our posting.

As a Summer Intern you will:

  • Be involved in a number of deals and projects and work with several senior group members from specific industry sectors
  • Meet and network with summer students working across Global Banking and Markets
  • Develop a broad understanding of the business through exposure to different industry sectors
  • Interact with professionals at all levels of the bank
Watch the Meet Peter video Meet Peter Huffman
Manager in Corporate Credit – Oil & Gas

Peter joined Scotiabank in June 2009 after completing his MFE at the University of Toronto / Rotman School of Management. His undergraduate degree was in Management Economics in Industry and Finance. Peter completed the GRM Associate Program in February 2011 and is now a Manager in Corporate Credit – Oil & Gas, where he previously spent six months during the rotation program. In his role, Peter adjudicates loans and evaluates the creditworthiness of borrowers in sectors such as Exploration & Production, Pipelines, and Refining.

"The GRM Associate Program provided me with the training and practical experience required to succeed in risk management. After working in several departments with many experienced risk professionals and engaging my executive mentor, I was able to understand my career options and effectively shape my career path."
Watch the Meet Carrie video Meet Carrie Chai
GRM Rotation Program Associate

Carrie Chai joined the GRM Associate Program in January 2011 after completing her MBA at Schulich School of Business. Carrie earned her Master and PhD degrees in Management Science and Engineering in Mainland China, where she was originally from. Carrie's previous work experience includes building and overseeing the China Operations for a US-based multi-national company and Asian market development in Multicultural Banking, Scotiabank. Carrie just started her second rotation in GRM – Model Validation and Approval, the centralized department for the model risk management of the bank, where she assesses and validates the interest rate risk model for the bank's assets and liabilities management. In her first rotation in GRM – Hedge Funds, a specialized department managing the market and credit risk for the bank's hedge fund counterparties, Carrie completed one project in market risk analysis and evaluated the credit worthiness of various HF counterparties.

"The Program provides a great exposure to the management of different types of risk in the current unprecedentedly complex market. The journey to develop the different skill sets, to contribute and make impact in each rotation is challenging, but exciting and rewarding. The training from each professional team you get to work with, the support and advice from your VP mentor and the help from your peer buddy are just unbelievable. The unique culture and amazing people make Scotia the ideal organization to work for."
Watch the Meet Carrie video Meet Felicia Hsu
Market Risk Operations

Felicia Hsu joined the Global Risk Management Associate Program at Scotiabank after the completion of her MBA degree from the Rotman School of Management in 2009. She also holds a Computer Engineering degree from University of Toronto. During her rotations, she had the opportunities to rotate through Market Risk, the Basel Program Office, International Credit, and Corporate Credit. Felicia has now graduated from the program and currently works in Market Risk Operations conducting materiality studies relating to capital models and evaluating Basel and OSFI guidelines.

"The program far exceeded my expectations. I am thankful that senior management spent the time and effort to help foster my development, while fellow co-workers tirelessly worked to show me the ropes. I took advantage of hands-on opportunities: working on live deals, contributed to projects that represented the Bank, and created processes that made the Bank more efficient. I learned how the various pieces of the puzzle fit together and whenever any doubt existed, I knew exactly who to call.