Requisition ID: 249068

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Internship Title: Intern, FICC Trading (4-6 months)

Job Description

The role will support the overall success of the FICC sales and trading activities in Singapore ensuring compliance with governing regulations, internal policies, and procedures.

Work within the sales and marketing strategy to secure new, profitable business as well as further develop existing client relationships in order to achieve sustainable revenue growth.

Generates and maximizes trading profit and client revenues and understands the risk profile of transactions and puts processes in place to manage those risks.

Accountabilities include:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Champions a high-performance environment and contributes to an inclusive work environment.
• Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Responsible for making prices and manage risk while working with internal sales staff to develop customer order flow.
• Supporting deals in investments and execution of trades. Assist senior trader in generating the production of trade ideas and maximize trading profit, in addition to creating linkages between client base and the desk.
• Fosters new and existing client relationships in addition to cross-selling existing relationships across other areas and product groups.

Requirements

• Undergraduate with a degree/major in Accountancy, Business (Banking and Finance), Economics, Computing
• Preferably in Year 2 and onwards of undergraduate studies
• Ability to work closely with traders and salespersons in a fast paced and stressful environment
• Proficient in Microsoft Office; e.g. Word, PowerPoint and Excel
• Excellent oral/ written communication/ interpersonal skills (Essential to have good English writing skills)
• Able to multi-task and work under pressure
• Self-starter, and able to demonstrate methodical, logical, solution-driven thinking, with commercial awareness
• Familiarity with financial markets and related FICC products is a plus

Learning Outcomes

• Acquire a better understanding of the FICC products, business and financial industry
• Expose to banking regulatory and compliance
• Gain good understanding on the use of banking process and flow in the banking industry
• Certified in Financial Market Regulatory & Practice and/or CMFAS
• Get familiar on how to use Bloomberg / Reuters
• Gain insights on how to interact and support customers based on their needs

Location(s): Singapore : Singapore : Singapore

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.