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2027 Global Capital Markets Summer Analyst

Scotiabank, New York, NY, United States


Job Details Requisition ID:

254010

Salary Range:

110,000.00 - 110,000.00

Salary offered may vary based on relevant experience and skills.

Role:

2027 Global Capital Markets Summer Analyst, New York City

Duration: June-August 2027

Location: New York, New York

Why Work for Scotiabank? Scotiabank is a leading bank in the Americas, with 97,000 high‑performing teammates worldwide. We offer a purpose‑driven culture and inclusive environment. Our Global Banking and Markets division provides credit, risk management, investment banking, and wholesale products.

Program Overview The 10‑week Global Capital Markets (GCM) Internship places students on a specific front‑office desk across our U.S. platform. High‑performing interns may receive an offer to return as full‑time Analysts in the GCM Rotational Program the following year.

Desk placements include:

Sales and Trading

Origination

Securitized Products

Financing and Prime Services

Analytics and Research

Interns access the Global Banking and Markets Learning Program and a mentoring program.

Responsibilities

Provide assistance to Sales, Trading, and Structuring staff on the trade floor.

Participate in research/strategy publications, earnings‑call notes, and sector screens.

Keep abreast of market information, economic releases, trends, and factors that affect market movement.

Work on research projects as required.

Support daily desk workflow: market monitoring, pricing support, risk/PnL checks, and client‑ready materials.

Build simple tools and analyses in Excel and potentially Python/Java.

Contribute to pitchbooks, investor updates, and new issue execution on origination desks.

Assist with collateral analytics and documentation reviews in securitized products.

Desk Placements (Details)

Sales & Trading: Rates, Credit, EM, Repo, eFX, Commodities, Equity Derivatives

Capital Markets Origination: Investment Grade DCM, Government Finance, Private Placements, Sustainable Finance

Securitized Products: ABS/CMBS/RMBS, Warehouse Lending, Whole Loan Trading

Financing & Prime Services: Prime Brokerage/Equity Finance, Fund Finance, Structured Solutions

Analytics & Research: Credit Strategy, Equity Research, US Rates Strategy, GAFE

Full‑time Rotational Program Eligibility

All interns considered for full‑time rotational program based on performance.

Interns recommended must complete an interview for admission.

For STEM/quant focused interns only:

Complete a brief Python benchmark during full‑time conversion interviews.

Passing the benchmark confirms eligibility for quant/strats rotations if you receive a full‑time offer.

Skills Profile Baseline (required for all interns):

Undergraduate or Graduate Degree to be completed between Dec 2027 and Aug 2028 in Business, Accounting, Science, Technology, Engineering, Economics, and Math, but all majors welcome.

Proven record of outstanding achievement in academic and extracurricular activities.

Strong interpersonal skills and ability to work collaboratively.

Ability to overcome challenges in a constantly changing environment.

Practical Python fundamentals (pandas, data wrangling, plotting).

Evidence of hands‑on Python (coursework or small projects).

Excel proficiency (lookups, pivots) and strong analytical curiosity.

Clear written and verbal communication; professionalism and attention to detail.

Interest in markets and understanding of risk and controls.

Preferred (desk‑dependent):

SQL and/or Power BI/Tableau; Bloomberg familiarity.

For quant/strats: stronger Python (NumPy/pandas), Git/Jupyter, basic statistics/time series.

For origination/research: corporate finance/accounting, strong slide writing, and data storytelling.

How to Apply You must apply via the Scotiabank career portal. Steps:

Click “Apply” and fill out the application.

Submit your resume as a single PDF.

Successful applicants will be contacted for next steps, including a video interview.

We thank all candidates for applying; only those selected for an interview will be contacted.

Location United States: New York, New York City

Immigration and Sponsorship We do not offer any type of employment‑based immigration sponsorship for this program. Scotiabank will not provide assistance or sign documents for other sponsorship or benefit, including OPT or CPT.

Equality, Diversity & Inclusion As Canada’s most international bank, we are a leader in inclusion. We are a diverse team speaking more than 100 languages. We value unique skills and experiences and are committed to an inclusive environment. If you require accommodation during recruitment, please let us know. We will work to provide a seamless recruitment experience.

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