Structured Trade Finance Intern

Santander

Jan 10

Applications are closed

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

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?

The internships last preferably six months, with the precise period arranged individually.

Is prior experience required for this internship?

While first work experience, preferably in activities related to Corporate and Investment Banking, is beneficial, a sound passion for financial concepts and strategic thinking is also appreciated.

What educational background is preferred for applicants?

A degree in Economics and Finance is preferred, but degrees in Engineering and Law are also considered valuable due to their connection to the real economy and legal negotiation aspects.

Are there specific skills or knowledge areas that are valued for this role?

Knowledge of trade and commodity finance is seen as a positive contribution, along with proficiency in Microsoft Office tools (Excel and PowerPoint) and strong English language skills. Knowledge of additional languages such as German, Italian, French, or Spanish is also valued.

Will interns have the opportunity to interact with senior stakeholders?

Yes, being part of a small team allows interns to have close interaction with senior stakeholders in GTB, BCF, and Credit.

Is there an expectation for interns to support cross-border transactions?

Yes, the role involves daily interaction with the Trade Sales team across Europe, as well as with LatAm and Asia due to the cross-border nature of transactions.

What types of activities will interns be involved in during the internship?

Interns will support the origination and execution of structured trade transactions, assist in preparing marketing material for client meetings, perform detailed due diligence, and support legal negotiation and documentation phases.

Can non-EU citizens apply for this position?

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

How can I apply for the internship position?

To apply, please attach a copy of your supporting documentation in English and indicate your availability when submitting your application.

Is knowledge of trade and commodity finance necessary to apply?

While it is not strictly necessary, knowledge of trade and commodity finance would be considered a positive value in an applicant's profile.

Santander

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.