Company: Desjardins

Location: Toronto, ON

Expected salary:

Job date: Thu, 17 Oct 2024 02:26:16 GMT

Job description: Temporary position for 15 monthsOur 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’s largest financial services groups and North America’s largest financial cooperative with over $400 billion 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 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.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.✓ Develop a broad understanding of the Corporate Banking business through exposure to several industry sectors.✓ 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 2025. 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. More specifically, you will be required to:Assist with the preparation of annual loan reviews and amendmentsAssist with loan and related documentation reviewEstablish and maintain various databases designed to assist with both credit analysis/approval and new client/business development activitiesPrepare pitch books to support new client business and for internal presentation purposesPerform Ad hoc responsibilities to be determined on an ongoing basis.What we offer*Competitive salary and annual bonus4 weeks of flexible vacation starting in the first yearDefined benefit pension plan that provides predictable, stable income throughout retirementGroup insurance including telemedicineReimbursement of health and wellness expenses and telework equipment

• Benefits apply based on eligibility criteria.

What you bring to the tableHigh school diplomas in a related fieldA minimum of one year of relevant experiencePlease note that other combinations of qualifications and relevant experience may be consideredRecent graduate or undergraduate degree to be completed by the Spring term of the following yearProven record of outstanding achievement in academic and extracurricular activitiesClearly defined interest in Corporate Banking and financial servicesCandidates must submit a copy of their academic transcript with the application#LI-HybridTrade Union Non-unionizedAt 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 Family Trainee (FG)Unposting Date 2024-10-22