2027 UK Global Wholesale Operations Summer Internship

Scotiabank; Greater London; On-site; GBP 159,000 - 205,000; Full time

Job summary

Scotiabank in London offers a 10-week Global Wholesale Operations Summer Internship starting June 2027. You will rotate across Middle Office teams, supporting cash prime brokerage, fixed income, derivatives and other GBM operations.

Open to first-year undergraduates (or second-year in a four-year degree) who are eligible to work in the UK. Expect hands-on learning, weekly speaker sessions, networking events and a CSR project as part of the program.

Qualifications

• First-year undergraduate or second-year in a four-year degree.
• Available for a 10-week internship between mid-June to end of August 2027.
• Interest in Banking with a passion for Operations and a proactive mindset.
• Eligible to work in the United Kingdom.

Responsibilities

• Complete daily tasks for the Middle Office teams within Global Wholesale Operations.
• Collaborate with Operations teams to deliver an outstanding client experience.
• Understand the role of the Operations Middle Office across GWO utilities.
• Spend time with Onboarding, Settlements, Collateral Management and Corporate Actions.
• Analyse metrics to identify process improvements and present ideas for improvements.
• Identify opportunities to drive efficiencies using AI or EUC-based solutions.
• Complete an intern project and present to Operations leaders.

Job description

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Title: 2027 UK Global Wholesale Operations Summer Internship

Requisition ID: 278820
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 Operations 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 Operations.

The programme is rotational and offers the opportunity to gain varied experience in different areas within the Global Wholesale Operations team covering the Middle Office supporting Cash Prime Brokerage, Synthetic Prime Brokerage, Securities Lending, Fixed Income Cash, CMF, Interest Rate Derivatives and Debt Captial Markets.

What You Can Expect:

• Complete daily tasks for the various asset class Middle Office teams
• Collaborate with other Operations teams to deliver outstanding experience for the business and its clients
• Understand the role the Operations Middle Office team plays across all GWO utilities
• Spend time with Onboarding, Settlements, Collateral Management and Corporate Actions to understand the broader GWO landscape
• Spend time with the businesses we support to understand true front-to-back flows and how the Middle Office can improve the overall client experience
• Analyse metrics to identify opportunities for process improvements and then use knowledge gained to present ideas and solutions to deliver better straight through processing
• Identify opportunities to improve existing processes and drive efficiencies within the Middle Office Operations team, leveraging the latest AI or EUC-based solutions
• Complete an intern project assignment and present to leaders within Operations

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 Banking with a passion for Operations
• You are able to exhibit sound judgment to detect, solve, or escalation problems efficiently and effectively. Taking full responsibility and ownership for all tasks/activities performed
• You have strong attention to detail, communication, and analytical skills as well as being a team player
• You must be able to operate effectively within a challenging environment with changing priorities and tight time frames
• You have strong interpersonal skills and the ability to work in a collaborative environment
• 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, 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.