2026 Investment Banking Internship, Industrials

Requisition ID: 244598

 Salary Range: 120,000.00 - 120,000.00 

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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

2026 Investment Banking Internship, Industrials

New York, New York, United States 

Why work for Scotiabank?

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. 

Global Banking & Markets 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.  

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!  We work together to drive ambition for every future! 

Is this role right for you?

The Industrials Investment Banking group at Scotiabank covers leading companies and financial investors across a wide range of sectors, including automotive and business and industrial services.  The Industrials team is focused on building and maintaining relationships with senior executives and private equity professionals and providing these clients with a full suite of investment banking services, including advising on mergers & acquisitions and equity & debt capital market transactions.  

Responsibilities:

• Evaluating and analyzing the financial needs of corporate clients, including financial analysis, building and analyzing advanced financial models including merger models, DCF and dynamic operating models
• Creating marketing materials and meeting presentations
• Supporting transaction structuring and execution efforts, with increasing levels of responsibility and accountability over time
• Identifying and developing business opportunities with clients
• Perform comprehensive financial statement analysis and create and maintain models
• Collect, consolidate and interpret company and industry data
• Financial and written analysis of companies and industries
• Preparing client presentations, including compiling data and assembling presentation materials
• Applying product and capital markets knowledge to help clients achieve their financial objectives  

Requirements:

• Bachelors or Masters Degree in Business, Finance, Math, Engineering, Economics, Science or Technology graduating between December 2026  and July 2027
• Proven record of outstanding achievement in academic and extracurricular activities 
• Demonstrated interest in Industrials & Business Services Investment Banking
• Strong quantitative skills focused on financial analysis, accounting and financial theory 
• Strong written and verbal communication skills
• Excellent command of Microsoft Suite, with an emphasis on Excel and PowerPoint
• A high level of attention to detail 
• The ability to manage multiple projects simultaneously while maintaining a high standard of work 
• The ability to excel under pressure amid demanding deadlines
• The ability to perform effectively in a team environment 
• High professional standards including a strong sense of personal integrity and teamwork
• Demonstrated ability to quickly adapt to new situations 
• A high level of energy and a keen desire to learn new concepts 
  

How to Apply:  
 
You must apply via the Scotiabank career portal and complete all steps outlined below to be considered for this position. 
 
Fill out an application by clicking the “Apply” button.    
Submit your resume and transcript as a single PDF when prompted. 
Successful applicants will be contacted for next steps, including a video interview. 
 

We thank all candidates for taking the time to apply; however only those candidates selected for an interview will be contacted. Scotiabank is unable to consider candidates who currently or in the future require visa sponsorship. All candidates must currently be authorized to work in the United States at the time of application. Likewise,Scotiabank will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT). 
 
As Canada’s Most International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. 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 during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible. 

Location(s):  United States : New York : New York City

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.