2027 UK Audit Summer Internship

Scotiabank; Greater London; On-site; GBP 27,000 - 46,000; Full time

Job summary

Scotiabank London is offering a 10-week summer internship in Europe Internal Audit. You will work on a variety of audit projects, learn how an Investment Bank's Internal Audit operates, and deliver objective assurance to senior management while developing analytics and reporting skills.

You must be a first-year undergrad (or second-year) with an interest in finance, strong analytical ability, and the desire to work in a dynamic, inclusive team in London.

Qualifications

• First-year undergraduate student (or second-year of a four-year degree) with interest in finance or audit.
• Basic understanding of banking operations and regulatory environment.
• Demonstrated interest in financial markets and learning mindset.

Responsibilities

• Assist in audit programs under the OIC, evaluating design and operation of internal controls.
• Prepare audit findings and discuss root causes with management.
• Explore automation/AI tools to support audit testing.
• Assist in audit reporting to meet quality standards and deadlines.
• Support special audits and investigations as requested.
• Ensure adherence to Scotiabank standards and IIA Code of Ethics.
• Engage in weekly speaker series, social events and CSR project.

Skills

Analytical skills

Data analytics tools

Communication skills

Interpersonal skills

UK work eligibility

Education

First-year undergraduate student (or second-year of a four-year degree)

Tools

Data visualization tools

Job description

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Duration: June – end of August 2027 (10 weeks) Location: London, United Kingdom Scotiabank is a leading bank in the Americas. We are powered by our 97,000 high‑performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. This is a place where you’ll get to learn and develop your skills, while being recognised for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Our Europe operations are located in London and Dublin and are part of our Global Banking & Markets (GBM) business. GBM provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange, and precious metals. We also cross‑sell the full range of wholesale products and services offered by the Scotiabank Group. Scotiabank offers an exciting opportunity to join the London‑based Europe Internal Audit team of a Canadian Bank commencing in June 2027. This 10‑week programme is designed for students in their first year of study (or second year of a four year degree) who are eager to learn and have a passion for Audit. The Audit Summer Internship provides an opportunity to work on a variety of projects to gain diverse experience in the different areas within the Internal Audit department of an Investment Bank. The programme will allow you to deepen your understanding of how an Investment Bank’s Internal Audit function works and learn what it takes to be an independent trusted advisor to the business, delivering objective assurance and value‑added insights to the Bank’s Senior Management.

What You Can Expect:

During the programme, you will:

• Assist in executing assigned audit programs under the direction of the Audit's Officer in Charge (OIC) including evaluating design and operation effectiveness of internal controls
• Ensure audit results are gathered and assess the impact of the findings on the internal control framework. This would include preparing audit findings for presentation and confirmation with management and discussion of the root cause with the OIC
• Explore and apply automation and Artificial Intelligence (AI) tools to support audit testing, analyse data and identify opportunities to perform audit work more efficiently.
• Assist with audit reporting to ensure audit reports are written to a consistent high standard and are finalised within established department metrics and in accordance with the Group Internal Audit Methodology
• Assist in special projects as assigned including investigations and other special projects that Audit may be requested to perform by management
• Assist the OIC and other audit team members on a variety of audit tasks
• Assist in special projects, as assigned, including investigations and other special projects that Internal Audit may be requested to perform by management
• Ensure Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments
• Champion a high‑performance environment and contribute to an inclusive work environment
• Complete an intern project assignment and present it to the wider team

Our internship is designed to give you real insight into life at Scotiabank. Alongside your day‑to‑day responsibilities, you’ll take part in:

• A weekly speaker series with leaders from across the Bank
• Social and networking events
• A CSR project that supports one of our charity partners

Who We're Looking For:

• You are a first‑year undergraduate student (or second‑year on a four‑year degree)
• You are available for a 10‑week internship between mid‑June to end of August 2027
• You have a demonstrated interest in and knowledge of the financial markets
• You have a basic understanding of banking operations and regulatory environment
• You posses good analytical skills and proficiency in the use of data analytics or visualisation tools
• You have excellent interpersonal and communication skills (verbal and written) and looking to work as part of a diverse and inclusive team
• You are able to build and maintain relationships with clients, stakeholders, and colleagues
• You are eligible to work in the United Kingdom

Summer Internship applications are reviewed on a rolling basis. We thank all candidates for taking the time to apply; however, only those candidates selected for an interview will be contacted. Scotiabank is committed to providing an inclusive and accessible candidate experience. If you require accessibility accommodations during the recruitment, selection, and/or onboarding processes, please let us know. We will work with you to meet your needs. We value the unique skills and experiences everyone brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Accommodations (including, but not limited to, an accessible interview site, alternate format documents, or Assistive Technology) at any stage of the recruitment lifecycle can be provided upon request. Location(s): England : GreaterLondon : London (UK)
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, . 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.