2027 UK Treasury Summer Internship

Location: London (UK), ENG, GB

Title

2027 UK Treasury Summer Internship

Requisition ID: 278815

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 Group Treasury 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 Treasury.

The programme offers experience across multiple financial market products providing the opportunity to gain insight into the daily workings of the following Treasury areas:

Liquidity and Balance Sheet Management

-Unsecured funding

-Secured funding

-Liquidity Portfolio

-Management of nostro account and daily cash positions using foreign exchange (FX) spot and forwards positions

-Interest rate risk

-Corporate lending

-Regulatory risk and management

Marketing

-Sourcing funding with external customers

-Internal customers in support of sourcing funding

What You Can Expect

In support of Treasury activities, work closely with key internal stakeholders, i.e. Capital Markets Sales & Trading and Debt Capital Markets, Market & Liquidity Risk (TFRM) Management, Finance, Global Transactional Banking Sales and Operations to develop a strong understanding of financial markets and products, with the opportunity to apply knowledge to real world situations

Shadowing dealers to learn risk management techniques and develop key deal execution skills

Completing projects set by the team which includes preparing market commentary, booking and managing the cycle of corporate loans, understanding the balance sheet and it risks, and other ad hoc tasks

Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions

Complete an intern project assignment and present to leaders within Group Treasury

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 have strong MS office skills, e.g. advanced MS Excel, and can practically apply these to solve problems

You have strong interpersonal skills and the ability to work in a collaborative environment

You have the ability to overcome challenges presented by a constantly changing work environment

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 Treasury 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 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 Interprete