2027 UK Business Risk Management Summer Internship

Location: London (UK), ENG, GB

Title

2027 UK Business Risk Management Summer Internship

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.

Programme Overview

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

Test existing control effectiveness

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

Programme Highlights

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

Peer to peer intern presentations

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

How To Apply

Fill out an application via the Scotiabank careers portal and submit your CV when prompted (please note a cover letter is not required)

Successful applicants will be contacted regarding next steps, which will be comprised of two interviews with members of the Business Risk Management team

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 : Greater London : London (UK)

Scotiabank is a leading ba