2027 UK Business Risk Management Summer Internship

Scotiabank; Greater London; On-site; GBP 16,000 - 20,000; Full time

Benefits offered by this job

Weekly speaker series

Social and networking events

CSR project with charity partner

Job summary

Scotiabank in London offers a 10-week internship for first-year undergraduates or second-year students on a four-year degree, running mid-June to end of August 2027. The program rotates between five weeks with the Business Risk Management team and five weeks with the Anti Money Laundering Advisory and Control team.

You’ll assist with risk controls, monitoring, and reporting, while engaging in speaker series, social events, and a CSR project with a charity partner.

Qualifications

• 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 are a self-starter with an inquisitive mindset that is willing to learn.
• You are proficient with Microsoft Office applications, particularly Excel.
• You are a team-player with strong communication skills.
• You have a strong work ethic with excellent attention to detail and a focus to deliver.
• You possess a reasonable standard of statistical literacy.

Responsibilities

• Assist with implementing the control framework in the first line.
• Help to administer various monitoring activities.
• Prepare periodic reports for presentation to management which help track risk.
• Liaise with other control and support functions to co-ordinate approaches to risk mitigation.
• Pool and manipulate sources of data for analysis and reporting.
• Work on new initiatives designed to enhance business performance.
• Assist with risk assessments and with documenting Operational Risk Events.

Skills

MS Office

Communication skills

Teamwork

Analytical mindset

Statistical literacy

Self-starter

Interest in financial markets

Education

Undergraduate student (year 1/2)

Tools

Microsoft Excel

Job description

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Requisition ID: 278811

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 Business Risk Management 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) and will offer unique insights into many of the Bank’s business areas allowing you to learn the nature of the non-financial risk and control framework that protects the Bank.

This programme is rotational and will enable you to understand how Business Risk Management oversee the strategies employed by the Bank to mitigate risks. The rotations will comprise of 5 weeks with the Business Risk Management team who support the Capital Markets business, followed by 5 weeks with the Anti Money Laundering Advisory and Control team.

What You Can Expect:

During the programme, you will:

• Assist with implementing the control framework in the first line
• Help to administer various monitoring activities
• Prepare periodic reports for presentation to management which help track risk.
• Liaise with other control and support functions to co-ordinate approaches to risk mitigation
• Pool and manipulate sources of data for analysis and reporting
• Work on new initiatives designed to enhance business performance
• Assist with risk assessments (Risk and Control Self Assessments) with various desks to identify risk and suggest improvements
• Assist with documenting Operational Risk Events to understand route cause of the issues and possible remediations
• Review the local regulatory environment within which the bank operates
• Complete daily controls relating to remote booking
• Assist with preparation of governance packs to manage risk
• Assist with mandatory trader supervision tasks
• Identify opportunities for process improvement
• Contribute to the assessment of Sanctions Exposure, Adverse News and Politically Exposed Entities for Europe and APAC clients.
• Conduct ad-hoc open-source search to support research and investigations.
• Assist with preparation and creation of monthly and quarterly AML Advisory metrics for senior management and regulatory reporting.
• Managing and maintaining the team's various trackers daily
• Complete an intern project assignment and present it to the wider team
• Any other ad hoc work tasks assigned by management

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 are a self-starter with an inquisitive mindset that is willing to learn
• You are proficient with Microsoft Office applications, particularly Excel
• You are a team-player with strong communication skills
• You have a strong work ethic with excellent attention to detail and a focus to deliver
• You possess a reasonable standard of statistical literacy
• You are eligible to work in the United Kingdom

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, please click here . 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.