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Higherin
Scotiabank

Internal Control internship Review

at Scotiabank

Internship (1 Month+)

Commercial Banking

Bishopgate

Review Submitted: August 2023

Overall Rating

4.9 /5

The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!

5/5 - Overview of Role
4.8/5 - Skills Development
5/5 - Support and Guidance
4.8/5 - Company Culture
5/5 - Overall Experience
5/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.
Reviewing reports that have been generated automatically and flagging any suspicious transactions/trades to the appropriate individuals/teams.
Participating in team calls and in person meetings
Overshadowing all members of the team.
Completing courses in preparation for a task - to acquire a basic understanding of the context
Were you given much responsibility during your placement / internship?
I'd say a considerable amount of responsibility was passed on, and letting me become proactive about solving any issues. Whilst also providing support and recommendations on the next steps ahead.
Please rate how meaningful the work you were doing was
5/5

Skills Development

Have you learnt any new skills, or developed your existing skills?
Paying attention to detail
Problem solving and trying to understand the existence of some inconsistencies
Microsoft Excel
Developing a better understanding of front office and how they generate money for the bank
Communicating with senior staff when trying to resolve certain issues that I've identified.
How would you rate the training provided during your experience?
5/5
How would you rate your development of industry-specific skills during the experience?
5/5
How would you rate your development of personal / soft skills during the experience?
4/5
Please rate how these skills have helped you in your career development
5/5

Support and Guidance

How much support and guidance did you receive during your placement / internship?
I received plentiful support and guidance as everyone was extremely approachable and was willing to ask any questions or concerns that I had.
How would you rate the support and guidance from your line manager?
5/5
How would you rate the support and guidance from the wider team?
5/5

Company Culture

What was the company culture and general atmosphere like?
Very approachable and welcoming when I started the internship
Always are happy to answer any of my questions and help me clear out any misunderstandings
Outside of the team, when reaching out to other staff from other teams, everyone was happy to find some time to speak to them about their careers and their role within the bank.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the social opportunities?
4/5
How would you rate the diversity initiatives?
5/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
5/5

Overall Experience

To what extent did you enjoy your placement / internship?
I thoroughly enjoyed my time. The internship provided a good opportunity to network with other individuals and understand what their team does. I feel alot more confident about how a bank operates and its inner workings, which I probably wouldn't have achieved if it weren't for the internship.
Please rate your level of enjoyment on your placement / internship
5/5
Please rate how your experience met your expectations
5/5

Future Career Prospects

Please rate the future employment prospects at Scotiabank
5/5

Recommendations & Advice

Would you recommend Scotiabank to a friend?
Yes
What advice would you give to others applying to Scotiabank
Be authentic and clearly explain/demonstrate your motivations
Demonstrate your willingess to learn and curiosity because that is the way that you'll get the most out of your time at the bank.
In This Review
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