Job Description

At Desjardins, we believe in equity, diversity and inclusion. We\'re committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.

If there\'s something we can do to help make the recruitment process or the job you\'re applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!

Job Level ST-99
Our Capital Markets Summer Analyst Program is a great way for current students or recent graduates to get a head start on their career, working for one of Canada\xe2\x80\x99s largest financial services groups and North America\'s largest financial cooperative with over 400 billion dollars in assets. Desjardins Capital Markets is looking to recruit successful applicants into our Toronto office for our Corporate Banking business. The successful candidate will gain technical training and hands-on capital markets experience across a variety of transactions. This program provides the Corporate Banking Summer Analyst with the opportunity to enhance their professional profile by gaining insightful market knowledge, develop important industry contacts, and gain clarity on how Corporate Banking fits into the broader capital markets platform at Desjardins.

The Internship - Corporate Banking Summer Analyst position is designed to introduce undergraduates and/or recent graduates to the dynamic and challenging career of Corporate Banking, involving debt financed transactions with public and large private corporations across different industries. The successful candidate will enjoy exposure to a broad range of assignments encompassing credit and financial analysis through annual loan reviews, new credit applications and preparation of new debt financing proposals.

General Information on the Position

Providing a solid understanding

You will receive end-of-summer reviews as well as constructive feedback from your business manager throughout your placement. Great care and resources have been devoted to ensuring that at the end of the summer you have a solid understanding of the elements necessary for a successful career in Corporate Banking.

Benefits:

You will have the benefit of working alongside some of the best in the business. Our program will provide a better understanding of how the business line interacts, operates and fits together within Desjardins Capital Markets.
\xe2\x9c\x93 Develop a broad understanding of the Corporate Banking business through exposure to several industry sectors.
\xe2\x9c\x93 Develop a solid set of credit and financial analysis skills, and a deep understanding of the Canadian loan syndicated market.

We are looking for highly dynamic and engaged individuals with the energy, enthusiasm and capacity to work in a fast-paced and stimulating environment. Successful candidates are selected based on their academic excellence, relevant work experience, market knowledge and strong communication skills. You need to be confident in your personal capabilities but willing to learn and do what it takes to complete a task.

Each candidate will be evaluated on their individual merit. Academic background in business or finance is a prerequisite. Candidates must be recent graduates or entering the final year of their undergraduate program in the Fall of 2024. Most importantly, they must demonstrate a desire to learn and an eagerness to make a meaningful contribution to the team environment at Desjardins Capital Markets.

Main responsibilities

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  Assist with the preparation of annual loan reviews and amendments
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  Assist with loan and related documentation review
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  Establish and maintain various databases designed to assist with both credit analysis/approval and new client/business development activities
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  Prepare pitch books to support new client business and for internal presentation purposes
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  Perform Ad hoc responsibilities to be determined on an ongoing basis.

Other working conditions

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  Workplace: The work arrangement for the position is hybrid work #LI-Hybrid
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  Temporary work : scheduled to end on August 30, 2024
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  Other relevant information : Candidates must submit a copy of their academic transcript with the application
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  Number of jobs available : 1

Qualifications

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  High school diploma
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  A minimum of one year of relevant experience
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  Undergraduate degree to be completed by the Spring term of the following year
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  Clearly defined interest in Corporate Banking and/or Financial analysis

Please note that other combinations of qualifications and relevant experience may be considered

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  Proven record of outstanding achievement in academic and extracurricular activities

Specific knowledge

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  Knowledge of Quantitative skills focused on financial analysis, accounting and financial theory.

Desjardins Cross-sector skills Action oriented, Customer Focus, Differences, Nimble learning

Key competencies for the job

Work Location 25 York Street Toronto

Trade Union Non Syndiqu\xc3\xa9

Unposting Date 2023-12-1

Job Family Trainee (FG)

Desjardins Group is the largest cooperative financial group in Canada, and one of the largest employers in the country. It offers a full range of financial products and services and is home to a wealth of expertise in property and casualty insurance, life and health insurance, wealth management, services for businesses of all sizes, securities brokerage, asset management, venture capital, and secure, leading-edge virtual access methods.