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Structured Trade Finance Intern

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Santander

Jan 10, 2025

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.
  • Our internships last preferably six months. The precise period will be arranged individually. Please attach a copy of your supporting documentation in English and indicate your availability. Applicants who are not available during the specified period will not be considered.
  • If you are a non-EU citizen, please include a scan of your visa and work permit for Germany to your application documents.

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.
  • 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 main purpose of the Structured Trade Finance Internship?

The main purpose of the Structured Trade Finance Internship is to develop a sophisticated set of skills in Structured Trade Finance, while supporting the origination and execution of structured trade transactions across Europe.

What qualifications are required for this internship?

Candidates should have a degree in Economics and Finance, Engineering, or Law, with a preference for individuals with first work experience related to Corporate and Investment Banking or a strong passion for financial concepts.

What are some key responsibilities of the intern?

Key responsibilities include supporting trade transactions, preparing marketing material, conducting due diligence, assisting in legal negotiations, and developing sector expertise.

What locations will the intern be interacting with?

The intern will interact with teams across Europe, including the UK, Spain, Portugal, France, Germany, Italy, and Poland, as well as colleagues from LatAm and Asia for cross-border transactions.

How long is the internship expected to last?

The internship is preferred to last six months, with the exact period arranged individually.

Is knowledge of trade and commodity finance necessary?

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

What software skills are expected from candidates?

Proficiency in Microsoft Office tools, particularly Excel and PowerPoint, is expected.

What language skills are beneficial for this role?

Highly proficient English is essential, and knowledge of other languages such as German, Italian, French, or Spanish would be positively valued due to interaction with European teams.

Are there equal opportunity considerations for applicants?

Yes, Santander promotes equal opportunities regardless of gender identity, culture, and disability for all applicants.

What documentation is required for applicants who are non-EU citizens?

Non-EU citizens must include a scan of their visa and work permit for Germany in their application documents.

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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.