Summer Intern - Global Markets - FIC

ICBC Standard Bank Plc

Jan 23, 2024

Applications are closed

Internship
Full-time
Starts on Jun 16
Summer Internship
Banking & Finance
London

Requirements

This role will work in our London Office, which is located near St Pauls and Bank stations. For our summer internship programme, we would expect you to spend most of your time in the London office.
The Internship Programme will run for a period between 8-12 weeks. Please ensure you can fully commit to this timeframe.

Responsibilities

Sales & Origination:
Following up with various internal teams to ensure that progress is made: follow up with legal on the progress of agreements with clients, KYC, travel booking teams, operations and IT teams
Assist with various processes such as, the pre-trade checks (adaptive, market risk teams, credit risk teams) as well as post trade bookings
Drafting of documents required in the BAU environment, including but not limited to drafting presentations for management or clients, term sheets, credit risk forms, minutes on internal and external calls or invoices for clients.
Creating internal projects to improve/upgrade the processes and tools used to conduct business
Conduct market analyses and research including Central Banks for CIBM angles, Gold, Other assets, SOE banks and what assets they hold. Primarily in MENA, SSA and Latam region
Structuring:
Manage and improve pipeline reporting and quality of STF papers and track deal progress on a spreadsheet for Structured Trading, Collateral Trading and Structured Finance.
Do certain projects such as maintaining and standardising term sheets for each product traded by the deks, standardize client presentations for products traded by desk, maintain structured transactions pipeline and set-up quarterly management report, portfolio anagement exercises assisting in measuring progress of Libor transition, Term SOFR exposure, RCF exposure, Withholding tax risk, Security/Collateral packages.
Following up with various internal teams to ensure that progress is made in execution / product approval: risk, legal, compliance, tax, finance and operations;
Assist with various processes including but not limited to pre-trade checks (adaptive, market risk teams, credit risk teams) as well as post trade bookings
Help with origination: drafting of documents required in the BAU environment, including but not limited to drafting presentations for management or clients, term sheets, deal files, portfolio management, minutes on internal and external calls.
Conduct market analysis and research to further develop Latam business plan in terms of identifying target clients and counterparties n each country and relevant country limits/risk appetite.

ICBC Standard Bank Plc

To serve our clients globally as the Commodities and Financial Markets hub of ICBC

Finance

Industry

1001-5000

Employees

2015

Founded Year

Mission & Purpose

ICBC Standard Bank is a joint venture between ICBC and Standard Bank Group specialising in commodities and emerging markets serving a global client base from four international offices. The Bank represents a strategic partnership between our parent companies with its strong Chinese and African heritage and supportive shareholders. We specialise in global markets traded products including commodities, fixed income, and currencies, with a focus on frontier and emerging market jurisdictions. We have a global presence, headquartered in London with offices in New York, Shanghai and Singapore. We share the same values, challenges and opportunities. We are a diverse, close-knit, global team with a unique heritage and purpose. We put people first, and give talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise, seek new opportunities and realise their potential.