Commercial Banking Analyst National Accounts Intern Co-op Summer 2025 - Toronto

Scotiabank; Toronto; On-site; CAD 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a Commercial Banking Analyst Intern for Summer 2025 in Toronto. This role offers a unique opportunity to kickstart your career by joining a dynamic team focused on delivering exceptional client service. As an intern, you will deepen client relationships, conduct industry analysis, and support credit decisions, all while honing your analytical and interpersonal skills. The inclusive culture at this forward-thinking bank encourages personal and professional growth, making it an ideal environment for aspiring finance professionals. If you are passionate about finance and eager to make a meaningful impact, this internship is the perfect stepping stone for your future.

Qualifications

• Strong knowledge of financial statements and accounting principles.
• Excellent verbal, written, and interpersonal skills for client relationships.

Responsibilities

• Deepen client relationships and provide actionable recommendations.
• Conduct financial modeling and credit analysis for clients.

Skills

Verbal communication

Written communication

Interpersonal skills

Analytical skills

Problem-solving skills

Presentation skills

Attention to detail

Customer needs-based advice

Education

MBA or undergraduate degree in Business

Finance degree

Accounting degree

Tools

MS Word

MS Excel

MS PowerPoint

MS Outlook

Job description

Title: Commercial Banking Analyst National Accounts Intern Co-op Summer 2025 - Toronto

Requisition ID: 215081

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

Term: May – August 2025

Application Deadline: 01/24/2025

There's no better way to kickstart your career than to join Scotiabank! You will 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!

Scotiabank’s Commercial Banking professionals are committed to delivering advice. You will be a trusted business advisor offering a full suite of customized lending, deposit, cash management, and trade finance solutions to mid and large-sized businesses. Team players with a client-centric approach and a strong emphasis on results will thrive in our flexible, growth-oriented environment.

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

1. Deepen client relationships by understanding clients’ businesses, being a client champion, providing administrative support/service for client-facing interactions and providing actionable recommendations to support credit decisions.
2. Conduct company and industry analysis.
3. Conduct financial modelling (financial and credit analysis).
4. Collect and assimilate information necessary to make sound credit decisions.
5. Make it easy to do business by minimizing touch points to provide fast turnaround times, including sound and timely credit underwriting support and financial analysis.
6. Support the collection of information directly from clients and from various sources necessary to assess the client’s risk profile in order to ensure the Bank meets its regulatory requirements related to KYC, AML, etc.
7. Credit related tasks:
1. Contact clients for financial reporting and spread Financial Statements, Projections and Borrowing bases, review results, escalate any signs of deterioration and update appropriate systems.
2. Significantly assist or be responsible for the preparation of Credit Presentations for new and existing clients.
3. Assist or take lead with completion of conditions precedent, diligence and any other requirements necessary to obtain approvals.
4. Ensure client files are complete and appropriately documented in various systems such as SDR, e-tracker etc.
5. Provide general support as necessary in the annual review process and other credit-related situations needed to maintain portfolio quality.

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

1. You have excellent verbal, written and interpersonal skills, in order to develop and maintain relationships with Commercial business customers.
2. You are enrolled in an MBA or undergrad degree in Business, Commerce, Finance, Accounting, or related discipline.
3. You have strong knowledge and understanding of financial statements and accounting principles.
4. You have prior experience in providing customer needs-based advice and solutions.
5. You have natural curiosity and passion for satisfying customer needs.
6. You have analytical skills and strong attention to detail.
7. You are able to use MS Word, Excel, PowerPoint, and Outlook effectively.
8. You have problem-solving skills.
9. You have presentation skills.
10. You have the ability to operate in a fast-paced, constantly changing environment.

For students applying to our internship/co-op or new graduate programs, we do not require resumes! We believe in evaluating you through relationships over resumes and are focused on learning about who you are and what you’re interested in to uncover your true potential. Instead, we ask that as part of your application you complete the below:

1. Complete your PLUM Profile here and save as a screenshot.
2. Complete a short one-way video interview here.
3. Apply to the role and when the application asks for your resume, instead upload the screenshot of your PLUM Profile.

*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.

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