At a Glance
- Tasks: Join the Treasury team to learn about financial markets and risk management.
- Company: Scotiabank, a leading bank in the Americas with a focus on inclusivity.
- Benefits: Gain hands-on experience, networking opportunities, and participate in a CSR project.
- Other info: Dynamic 10-week internship in London with excellent growth potential.
- Why this job: Kickstart your finance career with real-world projects and mentorship from industry leaders.
- Qualifications: First-year undergraduate or second-year on a four-year degree with interest in finance.
The predicted salary is between 22500 - 27500 £ per year.
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.
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.
- 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 its 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
- 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
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.
2027 UK Treasury Summer Internship (London (UK), ENG, GB) in City of London employer: Scotiabank
Scotiabank is an exceptional employer that fosters a purpose-driven and inclusive culture, making it an ideal place for professionals in the financial sector. Located in the vibrant city of London, employees benefit from competitive salaries, comprehensive growth opportunities, and a collaborative environment that encourages innovation and client-focused solutions. Join a high-performing team where your contributions directly impact the success of the Prime Services business and where you can thrive in a dynamic global market.
StudySmarter Expert Advice🤫
We think this is how you could land 2027 UK Treasury Summer Internship (London (UK), ENG, GB) in City of London
✨Tap into Campus Resources
Universities often have strong ties with banks and financial institutions. Make sure to check in with your career services for any internship fairs or networking events. These can be golden opportunities to meet representatives from firms like Scotiabank and make a lasting impression.
✨Join Finance Societies and Clubs
Get involved with finance or investment clubs at your university. These not only offer great networking potential but often host guest speakers from the industry. Show your enthusiasm and engage with these professionals—who knows, they might tip you off about internship openings at Scotiabank!
✨Have Your Application Ready to Go
Internship applications can be competitive and come with tight deadlines. Be proactive! Have your CV and cover letter prepared and tailored for roles at Scotiabank. When the openings go live, you’ll want to be one of the first to apply.
✨Leverage LinkedIn for Connections
LinkedIn is a powerful tool, especially in the banking sector. Follow recruiters from Scotiabank and connect with alumni who are working in similar roles. Don’t hesitate to drop them a message to introduce yourself and express your interest in internships—they might have insider info or even refer you!
We think you need these skills to ace 2027 UK Treasury Summer Internship (London (UK), ENG, GB) in City of London
Some tips for your application 🫡
Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!
Craft Your Cover Letter with Care:For an internship, we want to see your enthusiasm and motivation. Use your cover letter to explain why you’re excited about this opportunity at Scotiabank and what you hope to learn. Be personal and connect the dots between your education and the role of 2027 UK Treasury Summer Internship (London (UK), ENG, GB).
Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!
Utilise Relevant Experiences:If you've been involved in finance-related clubs or societies at university, mention that in your application. Showing your practical experience alongside your studies can make a real difference and demonstrate your passion for the financial world. We love seeing candidates who go the extra mile!
How to prepare for a job interview at Scotiabank
✨Show Us Your Analytical Skills
As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.
✨Know Your Financial Tools
Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.
✨Be Passionate About Learning
Internships are all about learning, so express your enthusiasm for the banking industry. Share what trends you're excited about, or recent news you've followed, to show you're motivated and engaged. This can set you apart from other candidates who might be less enthusiastic.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your fit within a team and your ability to handle challenges. Think of examples from your studies or group projects that highlight your teamwork, adaptability, and communication skills. We want to see how you've navigated situations that are relevant to the workplace!
