Global Receivables Intern - #2077437

SCIB is looking for a Global Receivables Intern, based in our Frankfurt Office.

WHY YOU SHOULD CONSIDER THIS OPPORTUNITY

At Santander CIB (www.santandercib.com) we are key players in the transformation of the financial sector, earning recognition for our growth and innovation within the industry. Are you interested in becoming a valuable addition and making a significant contribution to our team?

Santander Corporate & Investment Banking (Santander CIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customized services and value-added wholesale products to best meet their needs.We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach towards risk management.

Santander is proud of being an international organization where there are equal opportunities regardless of gender identity, culture, and disability, cultivating a highly collaborative and supportive environment. Our mission is to contribute to the growth and success of individuals and businesses with our products, upholding ESG principles and nurturing talent.

What You Will Be Doing

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
  
  

Requirements Experience

• 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.
  
  

EDUCATION

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

Skills & Knowledge

• 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.
  
  

Please attach a copy of your supporting documentation in English. We welcome applicants who include their availability, preferred internship duration, and a letter of motivation along with their application.

If you are a non-EU citizen, please include a scan of your visa and work permit for Germany to your application documents.