Global Capital Markets Rotational Program

Requisition : 254007

Salary Range:-

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.

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.

is an Analyst‑in‑Training Program that is a stepping‑stone to becoming an Analyst in one of our Capital Markets’ main business areas:
Capital Markets Group (Derivatives, Debt Capital Markets, Structured Products), Fixed Income, Foreign Currencies and Commodities, Global Equity Finance and Equity Sales & Trading.

For individuals passionate about capital markets, this role offers a strong technical focus designed to support electronic trading, strats, and data‑driven initiatives while still providing opportunities rotate on non‑quant desks. The program consists of three components:

Classroom: The Capital Ideas Program held at onboarding is designed to orient participants to our culture, people, products and services and to provide soft and technical skills, as well as contacts critical for success. From day one, Analysts work with their peers from around the world to expand their global network. Team projects, individual study, and social activities supplement classroom discussions.

Rotation: Analysts begin their 9-18‑month program gaining a solid understanding of credit and trade floor risk after which they begin a highly structured program moving through various trading and sales desks, gaining exposure to a wide variety of products and services.

Feedback: We believe that ongoing feedback is a critical component to any learning process. Throughout the program Analysts are provided with ongoing feedback from their Mentor, the Program Manager, and a supervisor within each rotation.

Placement: Upon completion of your final rotation, with the support of the Program Manager, you will be required to apply to and secure a position within Capital Markets prior to the completion of your final rotation. The length of the rotational program shall not exceed 18 months.

Potential rotations include (subject to business need):

• Sales & Trading:
  Rates, Credit, EM, Repo, eFX, Commodities, Equity Derivatives
• Capital Markets Origination: DCM (Investment Grade, Government Finance, Private Placements), Sustainable Finance
• Securitized Products: ABS/CMBS/RMBS, Warehouse Lending, Whole Loan Trading
• Financing & Prime Services:
  Prime Brokerage/Equity Finance, Fund Finance, Structured Solutions
• Analytics & Research: US Rates Strategy, Credit Strategy, Global Analytics & Financial Engineering (GAFE), Equity Research

• Build and enhance analytics used by desks: pricing tools, risk and liquidity monitors, market microstructure insights, and reporting automation (Python first; SQL/BI where applicable).
• Support trade ideas and execution: market monitoring, scenario analysis, relative value screens, transaction materials, and post‑trade analysis.
• Collaborate with Sales, Trading, and Technology teams to support execution workflows and platform improvements.
• Contribute to origination: pitch materials, new‑issue execution workflows, investor updates, and KPI/league table maintenance.
• Maintain awareness of market conditions and liquidity trends to support trading analytics
• Stay current on quantitative finance, electronic trading, and emerging technologies.