Activate: Strategic Functions New Graduate Development Program, Compliance/AML - Spring 2026

Scotiabank; Toronto; On-site; CAD 50,000 - 70,000; Full time

Job summary

A leading financial institution in Toronto seeks recent graduates for its Activate Strategic Functions New Graduate Development Program. This full-time role offers rotations in Compliance and Anti-Money Laundering, providing hands-on experience across multiple strategic areas to accelerate career growth. Ideal candidates are proactive, self-motivated, and ready to thrive in a fast-paced environment. The program aims to lead to a permanent position post-rotation.

Qualifications

• Looking for recent graduates to start working before June 2026.
• Capable of thriving in a fast-paced, ambiguous environment.
• Awareness and enthusiasm for learning and development.

Responsibilities

• Join the Activate Development program as a full-time employee.
• Rotate through strategic areas to gain experience.
• Work on high-impact projects and learn from diverse teams.

Skills

Strong communication skills

Proactive and self-motivated

Ability to work under tight deadlines

Team collaboration

Involvement in extracurricular activities

Education

Recent graduate from college diploma, undergraduate, or graduate degree

Job description

Overview

Requisition ID: 231270

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Activate: Strategic Functions New Graduate Development Program, Compliance/AML – Spring 2026

Start Date: June 2026

Location: Toronto, Ontario

Program Description

The Activate Strategic Functions New Graduate Development Program is designed to kick start your career at Scotiabank with endless possibilities! Within this program, you will choose a stream in the Strategic Functions space to specialize in - this includes Marketing, Human Resources, Risk Management, Accounting, Audit, Finance, Compliance and Group Treasury. If you are looking to fulfill your CPA designation requirements, one of our streams includes a Pre-Approved CPA program that provides you with the experience and mentorship required to achieve your designation within a 30-month timeframe. In all streams of the Activate Program, you will have access to personalized skill-building workshops and challenging work-integrated opportunities that will rapidly accelerate your career development and help you unlock your full potential.

Each stream of the Activate Program has a dedicated recruiting process; this posting is for the Compliance/AML Stream. If you’re interested in one of the other streams of the Activate program, please search for the appropriate posting on our Scotiabank Careers page.

About the Compliance/Anti-Money Laundering (AML) Stream

If you are looking to accelerate your growth and build a high-impact career, the Compliance & AML stream is your launchpad.

Compliance & AML puts you at the forefront of protecting the Bank, our clients, and the financial system. You will gain exposure to senior leaders, have access to mentorship opportunities and contribute to priority initiatives that can accelerate your path forward.

As part of this Activate stream, you will rotate through two strategic areas:

• Compliance: Manages the risk of activities not being conducted in conformity with applicable laws, rules and regulations.
• AML: Prevents money laundering, terrorist financing, and sanctions violations.

Compliance & AML provides exposure to all the business units and support functions across the Bank and have teams with specialized mandates and expertise on Artificial Intelligence, Data, Financial Crime, Behavioural Science, Privacy, Regulatory Relations, Risk Assessments, Testing, among others.

Is this program right for you? In this program, you will:

You will join our Activate Development program as a full-time permanent employee and will spend 18-months rotating through pre-determined areas that will challenge you and provide you with opportunities to learn and grow into a Strategic Functions professional.

Each rotation gives you the opportunity to:

• Work on high-impact projects within your business line
• Gain hands-on experience across different teams and functions
• Build a broad understanding of the organization in a short time
• Explore your interests and strengths to help shape your career path

These rotations are key to your development and aim to ensure you receive a wide breadth of experience in a short period of time. It also provides you with the opportunity to discover your passions and learn more about them. Our goal at the end of the program is to land you in a permanent role in your area of focus – after 3 rotations, you’ll be set up to hit the ground running!

Do you have the skills and requirements that will enable you to succeed in this program? – We’d love to work with you if:

• This program is for students who have just graduated from a college diploma, undergraduate degree, or graduate degree who are looking to secure that job now to begin upon graduation before June 2026
• You are proactive, self-motivated, and driven to succeed
• You have strong communication and interpersonal skills
• You are comfortable working under tight deadlines, within a fast-paced environment, where there is often a level of ambiguity
• You have a strong ability and enthusiasm for collaborating and learning from others
• 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.

How do I apply?

For students applying to one of our TILT New Graduate programs we do not require resumes! Instead, we ask that as part of your application, you complete the below:

• Apply to the role through our career site! When the application asks for your resume, instead upload a screenshot of your past PLUM results.
• Complete a short one-way 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 text or call the number provided. 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.