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Structured Trade Finance Intern

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Santander

1mo ago

  • Internship
    Full-time
    Off-cycle Internship
  • Business, Operations & Strategy
    Banking & Finance
  • Frankfurt

AI generated summary

  • You should have a degree in Economics, Finance, Engineering, or Law, basic finance experience, strong Excel and PowerPoint skills, fluent English, and preferably knowledge of trade finance and other languages.
  • You will support structured trade transactions, perform due diligence, assist in client meetings, develop sector expertise, and interact with senior stakeholders and clients’ teams across Europe and beyond.

Requirements

  • First work experience gained (preferably in activities related to Corporate and Investment Banking) or a sound passion for financial concepts as well as strategic thinking.
  • Diversity of studies: degree on Economics and Finance, but also Engineering (due to the connection to real economy) and Law (noting the detailed legal negotiation).
  • Knowledge of trade and commodity finance would be positive value.
  • Proficiency in Microsoft Office tools (Excel and Power Point).
  • Highly proficient in spoken and written English. Knowledge of other languages (German, Italian, French, Spanish) would be positive valued, considering the interaction with European teams.

Responsibilities

  • Complete understanding and proficiency our SCIB’s STF toolkit, and how our solution would support a key need of our clients, such as helping to secure the access to a key supply (i.e., microchips, cobalt, copper) and obtained enhanced commercial terms.
  • Understand the accountancy treatment of our products and its balance sheet implications for the client.
  • Comprehend how client’s think and operate and what are their priorities.
  • The interaction with all the European, but also other Santander geographies will create a global view of the business, and specially, opportunities.
  • Support the origination and execution of structured trade transactions across Europe: the role would have daily interaction with the Trade Sales team across Europe (UK, Spain, Portugal, France, Germany, Italy and Poland), but also with LatAm and Asia being cross-border transactions by nature.
  • Assist in the preparation of marketing material for client meetings and run pricing models and credit applications for identified opportunities.
  • Perform detailed due diligence of the underlying transactions (i.e., analysis of oil reserves, offtakes contracts, annual reports, etc) and come up with ideas to enhance the structure of a proposed transaction.
  • Support the legal negotiation and documentation phase jointly with the global team and external & internal lawyers.
  • Develop specialized sector expertise, being a key aspect to proposed new ideas and gain client trust.
  • Being a small team, the candidate will have close interaction to senior stakeholders in GTB, BCF and Credit.
  • You would also have the chance to interact with different stakeholders of our clients: from Treasury, to Trading and Procurement.

FAQs

What is the duration of the internship?

Our internships last preferably six months, and the precise period will be arranged individually.

What qualifications do I need to apply for this internship?

A degree in Economics, Finance, Engineering, or Law is preferred, along with some first work experience in Corporate and Investment Banking or a strong passion for financial concepts.

Is knowledge of trade and commodity finance required?

While not required, knowledge of trade and commodity finance would be considered a positive value.

What languages are preferred for this internship?

Proficiency in spoken and written English is required, and knowledge of other languages such as German, Italian, French, or Spanish would be valued due to interaction with European teams.

Will I have the opportunity to interact with senior stakeholders?

Yes, as part of a small team, you will have close interaction with senior stakeholders in various departments.

What skills are needed for this role?

Candidates should be proficient in Microsoft Office tools, particularly Excel and PowerPoint, and demonstrate strategic thinking and a good understanding of client priorities.

Can non-EU citizens apply for this internship?

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

Will I receive support in my role as an intern?

Yes, you will support the origination and execution of transactions, receive guidance from senior team members, and participate in various tasks that develop your skills and expertise.

What kind of projects will I be working on?

You will assist with structured trade transactions, preparation of marketing materials, due diligence analysis, legal negotiations, and developing specialized sector expertise.

Is there an opportunity for full-time employment after the internship?

While the internship does not guarantee full-time employment, it can provide valuable experience and networking opportunities that may lead to future roles within the company.

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.