Scotiabank Strategy Intern - Summer 2025

December 23 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services,
Toronto, ON • Full time

Requisition ID: 213034

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

Scotiabank Strategy Intern Summer 2025

4-Month Internship (May-August 2025)

**In order to be considered for the position, you must submit your PLUM Assessment, Video Interview, and Transcripts

For students, we are focused on learning about who you are and what you’re interested in to uncover your true potential. In short, we want to go beyond what your resume would tell us to get an accurate depiction of what you’re truly about to properly assess your potential. To get to know YOU, and hear about the experiences that have shaped you, we ask that as part of your application, you complete the below:

How do I apply?

For students applying to our internship/co-op or new graduate programs, we do not require resumes! We believe in evaluating you through relationships over resumes and are focused on learning about who you are and what you’re interested in to uncover your true potential. Instead, we ask that as part of your application you complete the below:

1. Complete your PLUM Profile HERE and save as a screenshot.

2. Complete a short one-way video interview HERE

3. Apply to the role and when the application asks for your resume, instead upload the screenshot of your PLUM Profile and your transcript.

Why work for Scotiabank?

Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing (and awesome) teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

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. Say hello to a career at Scotiabank!

Who We Are:

The Scotiabank Strategy team is a growing, high performing team consisting of top talent that develops and executes strategy at an enterprise and business line level for Canada’s leading international bank. The team works closely with senior management, business line leaders and a diverse set of stakeholders to deliver strategic advice that solves business problems through research, analysis, and compelling strategic recommendations.

Scotiabank Strategy is looking for candidates for its summer internship program who are team-oriented, critical thinkers with a passion for solving business problems. Successful candidates will play a key role in supporting enterprise and business line strategic projects, providing market, competitive and customer intelligence, building relationships stakeholders at all levels throughout the Bank and supporting the Bank’s strategic planning process.

Who are we looking for?

  • Go getters who are looking to get things done
  • Self-motivators that work both independently and collaboratively with multi-functional teams
  • Someone who has superior interpersonal skills, leadership and influential capabilities

You will gain experience in…

Strategic Projects (70-80%)

  • Support customized strategy development and advisory support at an enterprise and business line level, including research, analysis and compelling strategic recommendations that solve business problems. This could take 2 approaches:
    • High-touch support; where the team will be driving strategy development in specific areas / businesses
    • Low-touch support; where the team will be providing advisory services, e.g., participating at the steering committees for key initiatives, engaging in specific workstreams of the project
  • Gather data and perform financial analyses to diagnose issues
  • Create financial models to assess future state financial benefits / costs
  • Synthesize findings and present clear recommendations and implementation plans to ensure impactful project outcomes
  • Contribute in problem solving sessions, workshops and interviews with cross-functional and business line working team members and subject matter experts
  • Collaborate with key internal and external stakeholders to support the achievement of deliverables and overall objectives

Strategic Planning (20-30%)

  • Support the execution and ongoing management of strategy planning at the enterprise and business line level
  • Perform strategic and business analysis, identifying key issues and proposing recommendations for the Bank’s strategy at an enterprise and business line level
  • Communicate the Bank's strategic plan and strategic priorities
  • Complete competitive / business environment research and benchmarking to determine emerging issues and trends and analyze the impact / implications of those trends on the Bank's strategic plan

You are...

  • Pursuing an undergraduate degree in business
  • Able to deliver results in a fast-paced, challenging and dynamic business environment
  • Exceptional at planning and analytical skills, able to discern research information / data and focus on the critical business issues
  • Capable of effectively managing relationships across the Bank, partners and external vendors
  • Brilliant at presentation and written communication skills
  • Recognized as an individual who has a track record delivering innovative solutions from concept to change management

Posting Closes January 19th, 2025

Location(s): Canada : Ontario : Toronto

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.

Apply now!

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