Student Information

Student Name

Abigail Lorenzo




Internship Information

Company/Organization: Scotia Capital (USA) Inc.

Mentor(s):Diane Sakowski

Topic of Internship

Corporate Accounting/Finance

Background Information

Scotia Capital is a Canadian bank which deals with global corporate and investment banking as well as Global Capital Markets businesses. As an investment bank, Scotia Capital acts as a financial mediator, performing a variety of functions. In the capital market sector Scotia Capital works to raise funds for underwriting deals as well as buying and selling securities. Scotia Capitalís head office is located in Toronto, Canada, but other offices can be found in Vancouver, Canada, New York City, San Francisco, Boston, Chicago, Houston, the Bahamas, as well as various places throughout Asia, Europe, the Caribbean, and Latin America.

Summary of Internship

Located in the financial district of New York City, Scotia Capital (USA) Inc. has educated and enlightened me to what corporate America and the finance industry are really like. Being able to go to the city every week was a great experience that taught me how to navigate the city, whether it is by foot or subway. As an intern in the Finance and Accounting sector of the company, my tasks included the basics of filing and making copies, as well as more complicated tasks such as reviewing employee expenses and editing spreadsheets of the companyís borrows and loans. Throughout the year, I have been able to complete various projects, working in Microsoft Excel and reconciling monthly bank expenses that require working with invoices and the accounts payable department. My internship at Scotia Capital has allowed me the opportunity to learn about and gain first hand experience about different aspects of finance, which will benefit me in the future with anything that I may decide to pursue or study in the business world.

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