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Global Receivables Intern

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Santander

28d ago

  • Internship
    Full-time
    Off-cycle Internship
  • Customer Relations
    Banking & Finance
  • Frankfurt

AI generated summary

  • You should have relevant work experience, preferably in corporate finance, a degree in finance or economics, and proficiency in Excel. Strong English skills and teamwork are essential; other languages are a plus.
  • You will assist in structuring receivables financing solutions, conduct financial analysis, prepare client pitches, collaborate globally, and support senior team members on transactions and compliance.

Requirements

  • First work experience gained (preferably in activities related to Corporate and Investment Banking, particularly trade finance), a sound passion for financial concepts and corporate finance.
  • Experience in and knowledge of accounting standards and its applicability for working capital solutions is a plus.
  • (Masters) Degree in Economics, Business Management or Finance preferable.
  • Proficiency in Microsoft Office tools (Excel and Power Point).
  • Highly proficient in spoken and written English. Additional language skills, particularly German and Spanish, is a plus.
  • Knowledge of trade finance would be positive value.
  • Strong teamworking skills and proactive communication.
  • Ability to work under tight deadlines for RFP/RFI.
  • Strong interpersonal skills.
  • Ability to be versatile.
  • Strong creative and critical thinking skills.
  • Our internships last preferably six months and an extension may be offered. The exact duration will be arranged individually.
  • If you are a non-EU citizen, please include a scan of your visa and work permit for Germany to your application documents.

Responsibilities

  • As a Global Receivables Intern you will be part of the product team, structuring receivables financing solutions for our clients globally, with a focus on Europe and North America.
  • You will closely collaborate with other product and sales teams within GTB as well as across SCIB to deliver value-add solutions to clients.
  • You will support the team providing guidance and training to other employees, fostering an open communication, and being a hub for best practices.
  • By above mentioned you will develop and learn a sophisticated set of skills in the Trade Finance & Working Capital area such as:
  • Sound knowledge of the GTB working capital product suits, particularly in relation to receivables financing solutions;
  • Structuring, pricing, and execution of trade receivable financing transactions for SCIB clients and prospects of Santander;
  • Understanding of regulatory environment and relevant accounting framework in various countries.
  • Involvement in the most sophisticated transactions in GTB Trade;
  • Time management and the ability to meet deadlines
  • Collabortion various teams within SCIB GTB globally, gaining insights that will allow you to offer unique and diverse perspectives.
  • We need someone like you to help us in different fronts:
  • Assist in the preparation of client pitches and communication, which involves gaining a deep understanding of the company’s financial situation and needs, particularly in the evolving geopolitical context;
  • Conduct financial analysis to assess the potential and impact of receivables finance on large corporates;
  • Analyze and interpret industry trends to understand the corporates’ business and sector dynamics;
  • Research and propose innovative working capital solutions.
  • Review and interpret legal, regulatory and financial documents;
  • Transfer the knowledge gained into comprehensive and client centered proposals;
  • Support the senior team members in structuring securitization transactions;
  • Understanding of and compliance with the Bank’s operating practices, governance and guidelines;
  • Collaborate with various teams globally

FAQs

What location will the Global Receivables Intern be based in?

The Global Receivables Intern will be based in the Frankfurt Office.

What is the duration of the internship?

The internships last preferably six months, and an extension may be offered. The exact duration will be arranged individually.

What type of educational background is preferred for this internship?

A (Masters) Degree in Economics, Business Management, or Finance is preferable.

Is previous work experience required for this internship?

Yes, some first work experience is preferred, particularly in activities related to Corporate and Investment Banking, especially trade finance.

What are the language requirements for this position?

Proficiency in spoken and written English is required, and additional language skills, particularly in German and Spanish, are a plus.

What skills are necessary for this internship?

Necessary skills include proficiency in Microsoft Office tools (Excel and PowerPoint), strong teamwork and communication abilities, critical thinking skills, and the ability to work under tight deadlines.

Will I be involved in client communication?

Yes, you will assist in the preparation of client pitches and communication, gaining a deep understanding of the company’s financial situation and needs.

Is knowledge of trade finance beneficial for this position?

Yes, knowledge of trade finance is considered a positive value for this position.

What kind of tasks will I be involved in during the internship?

You will be involved in structuring receivables financing solutions, conducting financial analysis, analyzing industry trends, reviewing financial documents, and collaborating with various teams globally.

How should I submit my application?

You should attach a copy of your supporting documentation in English, including your availability, preferred internship duration, and a letter of motivation, along with your application.

Are there any specific requirements for non-EU citizens applying for this position?

Yes, non-EU citizens should include a scan of their visa and work permit for Germany in their application documents.

Here to help you prosper

Finance
Industry
10,001+
Employees
1857
Founded Year

Mission & Purpose

Santander is a leading global bank, founded in 1857 and headquartered in Spain, and is one of the largest banks in the world by market capitalisation. It provides a wide range of financial products and services, including personal and corporate banking, wealth management, and insurance. With a strong presence in Europe, Latin America, North America, and Asia, Santander's mission is to help people and businesses prosper by offering customer-centric solutions. Its purpose is to support growth and innovation while fostering responsible banking practices to benefit individuals, businesses, and communities.