2026 IB Summer Analyst | Generalist | New York

Location: New York City

Deadline to Apply: February 28th, 2025 at 11:59pm EST

Who We Are:

Global Banking & Markets 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, and foreign exchange.  We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

The 2025 Investment Banking Summer Analyst Program at Scotiabank is designed to introduce undergraduate students to the stimulating and challenging career of investment banking involving debt and equity financings, mergers and acquisitions, financial advisory work and business development in several industry sectors. Intern Analysts will learn to perform complex financial analysis such as market comparisons, company valuations and pro-forma financial modeling. In addition, intern analysts prepare company and industry specific research to support financial valuations.

An analyst is typically involved in numerous deals and projects at the same time and will work with several senior group members concurrently.  Balancing the requirements of multiple deal assignments and/or projects can be very demanding. The challenging nature of the work, combined with long hours at the office requires intense effort and dedication. Analysts must also be willing to work extended business hours, including weekends as required to meet multiple work deadlines. 

Summer analysts will have the opportunity to be placed in one of the following groups:

• Real Estate, Gaming, and Leisure
• Technology
• Power and Utilities
• Healthcare
• Leveraged Finance
• Equity Capital Markets

We are committed to offering you extensive opportunities for training, hands-on experience, and career advancement. Simply put, your future is our investment.

Key Accountabilities:

• Generally supporting client pitches and deal execution efforts
• Evaluating and analyzing the financial needs of corporate clients, including the development of financial models, marketing materials and presentations
• Financial and written analysis of companies and industries, including the development of valuation models, pro-forma financial statements and comparable company analysis, etc.
• Sourcing the data required to perform financial analysis
• Drafting prospectuses and marketing presentations for transactions
• Preparing client presentations
• Applying product and capital markets knowledge to help clients achieve their financial objectives. 

Skills & Requirements:

• Undergraduate or graduate degree within Business, Economics, Accounting, Technology, Mathematics and related fields with anticipated graduation between December 2026 and July 2027
•  Proven record of outstanding achievement in academic and extracurricular activities
•  A clearly defined interest in Investment Banking
• Strong quantitative skills focused on financial analysis, accounting, and financial theory
• Strong written and verbal communication skills
• A high level of attention to detail
• The ability to manage multiple projects simultaneously while maintaining a high standard of work
• Demonstrated ability to quickly adapt to new situations
• A strong sense of personal integrity and teamwork
• A high level of energy and a keen desire to learn new concepts
• Independent thinker and proven ability to make decisions

Internship Highlights:

• You’ll be part of a diverse, collaborative, innovative, and high-performing team.
• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
• Exclusive student events such as Lunch & Learns, leadership panels, technical trainings, social events, and more!
• Bank-wide internship orientation to learn more about Scotiabank and gain exposure to senior leadership across the global organization.

How to apply:

You must apply via the Scotiabank career portal and complete all steps outlined below to be considered for this position.

1. Fill out an application by clicking the “Apply” button.   
2. Submit your resume and transcript as a single PDF when prompted (cover letter is optional).
3. Successful applicants will be contacted for next steps, including a video interview.

We thank all candidates for taking the time to apply; however only those candidates selected for an interview will be contacted. We do not offer any type of employment-based immigration sponsorship for this program. Likewise, Scotiabank, will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit. 

As Canada’s Most International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. 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 during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.

Location(s):  United States : New York : New York City

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.