Commercial Banking Analyst Co-op - Toronto, Canada - Scotiabank

Scotiabank

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 173763

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Indigenous Financial Services Analyst Intern/Co-op

Summer 2023 (May - August) - Hybrid - Canada-Wide

Why work for Scotiabank?
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 recognized 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.

Who Are We?
Scotiabank's Commercial Banking professionals are committed to delivering advice.

You will be a trusted business advisor offering a full suite of customized lending, deposit, cash management, and trade finance solutions to mid and large-sized businesses.

Team players with a client-centric approach and a strong emphasis on results will thrive in our flexible, growth-oriented environment, and our one-of-a-kind people-first culture.

Commercial Internships/Co-op Role

The Indigenous Financial Services Analyst supports the Indigenous Financial Services team and helps create sustainable financial relationships based on trust and respect to help achieve prosperity and honor our commitment to future generations.

This will include coordinating efforts with internal partners and directly reaching out to clients to address various activities such as the resolution of escalated client challenges, collection/processing of financial reporting, the satisfaction of funding requirements, and onboarding needs.

The Commercial Distribution Banking Analyst contributes to the overall success of commercial banking in Canada, ensuring specific individual goals, plans, and initiatives are executed/delivered in support of the team's business strategies and objectives while also ensuring all activities are conducted in compliance with governing regulations, internal policies, and procedures.

The team understands the unique needs of Indigenous communities, businesses, and individuals and is committed to building and nurturing connections to deliver the right products and services to help create prosperity for future generations.

Through this Internship/Co-op you will be exposed to:

Financial literacy training and credit-building education
Indigenous governments
Equipment and infrastructure financing
Electronic cash management services
Investment specialists with expertise in managing trusts
Economic development corporations & Indigenous businesses
Onreserve development financing

Through this Internship/Co-op you will:

Support the Senior Manager in growing and enabling the profitability of the Indigenous market segment in the Retail, Commercial Business Banking, and Wealth divisions.
Identify business development opportunities and gather market intelligence and information on prospecting opportunities.
Support data and analytics efforts in measuring volume, client, and revenue growth for Indigenous Financial Services.
Support the Senior Manager in addressing communication, corporate affairs, government affairs, and philanthropic needs that arise for Indigenous Financial Services.
Help translate the needs of Indigenous clients to commercial and wealth relationship managers.

Who are we looking for?

Strong interest and passion in the Indigenous space.
Strong commitment to excellent client service and ability to work with clients to resolve issues in an amicable and prompt manner.
Strong organizational skills to coordinate and prioritize a number of concurrent requests from different Relationship Managers.
Strong interpersonal skills to obtain agreements within Commercial Banking and partners.
Strong written and verbal skills with a proven ability to engage stakeholders and clients.
Strong commitment to accuracy, customer focus, and results focus.
Strong research and writing skills.
Working knowledge of financial statements and credit analysis.
Working knowledge of credit structures and applicable risk management.
Ability to extract insight from external data and put together presentation materials.
Natural curiosity and passion for satisfying customer needs.
Flexibility to adapt to a wide variety of tasks.

Other things we look for:

An undergraduate degree in Business, Commerce, Finance, Economics, or Accountingrelated disciplines is preferred but not required.
MBA, JD, and other graduate degree applicants are welcome.
Natural curiosity and passion for problemsolving.
A genuine interest and passion for Commercial Banking.
A high level of energy and a keen desire to learn new concepts.
Strong communication and client relationship management skills.
Basic financial literacy with an understanding of