2026 Investment Banking Summer Analyst, Power & Utilities - Houston

2026 Investment Banking Summer Analyst, Power & Utilities - Houston

June to August 2026

Location : Houston, Texas

Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, and foreign exchange. We cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

The Analyst Program at Scotiabank is designed to introduce undergraduate students to the stimulating and challenging career of investment banking involving debt and equity financings, mergers and acquisitions, financial advisory and business development in several industry sectors. Analysts will learn to perform complex financial analysis such as market comparisons, company valuations and pro-forma financial modeling. Analysts prepare research to support financial valuations.

Analysts must have a strong work ethic, be accommodating and maintain extremely high professional standards. An analyst is typically involved in numerous deals and projects at the same time and will work with several senior group members concurrently. Balancing the requirements of multiple deal assignments and / or projects can be very demanding. The challenging nature of the work, combined with long hours at the office requires intense effort and dedication. Analysts must also be willing to work extended business hours, including weekends as required to meet multiple work deadlines.

We are committed to offering you extensive opportunities for training, hands-on experience, and career advancement. Simply put, your future is our investment.

This role is for a spot on one of two teams : Power and Utilities, or Clean Tech Energy. Scotiabank is one of the world's leading providers of financial services to the energy sectors. We offer merger and acquisition, equity, debt, corporate lending, and commodity hedging and capital markets solutions for energy companies in North America and beyond. Scotiabank offers equity research, institutional sales and trading, and investment banking services to the energy sector in the United States.

Our sophisticated energy platform fully integrates financial advisory services, origination and structuring, trading, financing and research. Producers and consumers of energy benefit from our detailed knowledge of the commodity markets and our full-service product suite, from vanilla hedging to structured financing solutions.

About Power and Utilities :

Scotiabank's Power & Utilities Investment Banking team is a leading renewable energy investment banking platform. The team is actively involved with a wide array of renewable investors, developers and regulated utilities. The Analyst will have the opportunity to immediately and meaningfully contribute to live transactions including sell-side renewable asset / portfolio sales and capital raises for leading renewable platforms.

Key Accountabilities :

• Evaluating and analyzing the financial needs of corporate clients, including the development of financial models, marketing materials and presentations
• Generally supporting client pitch and deal execution efforts
• Financial and written analysis of companies and industries, including the development of valuation models, pro-forma financial statements and comparable company analysis, etc.
• Sourcing the data required to perform financial analysis
• Drafting prospectuses and marketing presentations for transactions
• Preparing client presentations
• Applying product and capital markets knowledge to help clients achieve their financial objectives.

Skills & Requirements :

Internship Highlights :

How to apply :

You must apply via the Scotiabank career portal and complete all steps outlined below to be considered for this position.

Click the "Apply" button and complete the application form.

Submit your resume as a single PDF when prompted

Successful applicants will be contacted for next steps.

We thank all candidates for taking the time to apply; however only those candidates selected for an interview will be contacted. We do not offer any employment-based immigration sponsorship for this program. Likewise, Scotiabank will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).

As Canada's Most International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. 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 during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.

Location(s) : United States : Texas : Houston

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.