Investment Banking Summer Analyst, Power & Utilities - Houston at Scotiabank

Position: 2026 Investment Banking Summer Analyst, Power & Utilities - Houston at Scotiabank

2026 Investment Banking Summer Analyst, Power & Utilities - Houston

June to August 2026

Location: Houston, Texas

Final date to receive applications: October 10, 2025

Who We Are:

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
• Applying product and capital markets knowledge to help clients achieve their financial objectives.

Skills & Requirements:

• Undergraduate or Graduate Degree to be completed between December 2026 and July 2027 in Business, Accounting, Science, Technology, Engineering, Economics, and Math, but all majors are welcome
• Proven record of outstanding achievement in academic and extracurricular activities
• A clearly defined interest in Investment Banking
• Strong quantitative…