Internship Trade Commodity Finance
Posted: 2 hours ago
Job Description
Unlock your potential, gain valuable insights, and prepare for a successful career in the financial industry. Are you envisioning a future in banking? Ready to apply your university knowledge in a practical setting? Eager to gain hands-on experience in a multicultural environment? Look no further—this internship offers the perfect opportunity for you to delve into the fundamentals of trade and commodity finance in an investment banking division.Internship Overview: Our Trade Commodity Finance Department seeks a proactive, detail-oriented, and ambitious intern to join our team. You'll thrive in a supportive environment that fosters personal growth and values initiative.Key Responsibilities:Here's what you'll explore:Assisting Front Officers (FO): You will support FOs in their daily tasks related to commodity finance. This may involve helping them prepare documents, conducting research, and organizing information. Responsibilities include but are not limited to: managing trade finance products, preparing credit proposals, monitoring and following up on collaterals and ensuring the smooth execution of daily transactions.Data Analysis: You may be responsible for analyzing data related to market trends, and financial indicators. This analysis will help FOs make informed decisions regarding commodity financing and preparation od presentations for Management level meetings.Documentation: Commodity finance involves various legal and financial documents. Your role may include learn to prepare and review these documents, ensuring accuracy and compliance with relevant regulations.Risk Assessment: Commodity finance carries inherent risks. You might assist in evaluating the creditworthiness of clients and assessing the potential risks associated with financing specific commodities.Relationship Management: you will observe and learn how to build and maintain relationships with clients and other stakeholders is crucial in commodity finance. You may support FOs by helping with client communication, coordinating meetings, and providing general assistance in client management.Market Research: You might be responsible for conducting market research to identify potential opportunities and risks in the commodity finance sector. This research can help FOs stay updated on industry trends and make informed decisions.Financial Analysis: You may assist in financial analysis tasks, such as evaluating financial statements, cash flow projections, and assessing the financial viability of commodity-related projects.Administrative Support: Interns often provide general administrative support, such as managing schedules, organizing meetings, and maintaining files and records.Other responsibilities:Assist the TCF Team with their day-to-day activities and special projects.Engage in bank wide (TCF) projects.Provide hands-on support in through- and output regarding TCF processes and execute various administration relating to TCF flows.Provide assistance to TCF staff in delivering an effective added value in realizing their business goals.Assist in identifying, developing and implementing improvements to TCF systems and procedures to enhance efficiency.What You'll Gain: As an intern in the TCF department, you will have the chance to assist our FOs in various tasks related to commodity finance. From conducting market research and analyzing data to supporting client communication and assessing risk, you will gain a comprehensive understanding of the trade finance industry. This internship will provide you with a unique opportunity to apply your theoretical knowledge in a practical setting, enhancing your understanding of the banking sector.Who are we looking for?Key Competencies We Value:We are seeking interns who embody the following competencies:A commercial mindset and logical thinking.Results-oriented individuals dedicated to self-improvement.Curiosity, open-mindedness, and a passion for the finance industry.The ability to manage multiple tasks and meet tight deadlines with ease.Proactive problem-solving and the capacity to collaborate effectively.Creative thinking to thrive in a fast-changing, complex environment.Skills and Qualifications:Our ideal candidate possesses the following attributes:Strong written and verbal communication skills for effective interaction.Effective time management abilities to excel in a fast-paced environment.Meticulous attention to detail to ensure accuracy in all tasks.Proficiency in multiple languages, a plus in our global context.Strong data analysis skills and Microsoft Excel knowledge to draw meaningful insights.Presentation skills to convey project findings and recommendations effectively.Education:Pursuing a degree in Business Administration, Finance, International Trade or Economics.Please note that, only applicants who are actively enrolled in an accredited study program at the time of internship will be considered.What We Offer.Full-time internship (i.e. 5 days a week) for a period of 6, 9 or 12 months starting as soon as possible.We offer you an environment where you can accelerate your learning curve at a reputable mid-size bank in The Netherlands, part of a global Bank BBVA.Becoming part of a dynamic team in an international working environment.Learning library of Garanti BBVA InternationalMonthly meetings with fellow interns and company leadersInternship gratification of €650,- for Bachelors and €800,- for Masters studentsCompensation Travel CostsInternet costs €45, - per monthOur organization:Work at Garanti BBVA InternationalGaranti BBVA International (“GBI”) is a mid-sized European bank established in Amsterdam, the Netherlands since 1990 and serves to corporate and institutional and retail clientele. GBI is a wholly owned subsidiary of Turkiye Garanti Bankasi A.S. (Garanti) and has presence in Germany, Switzerland and Turkey. Our ultimate parent is BBVA. Aa dynamic “global boutique” bank, Garanti BBVA International offers fast, accurate, innovative, tailor-made and country-specific financial solutions in selected business lines though highly skilled and diverse talent management. We embrace creativity, are centered towards teamwork and oriented to create multicultural environment as we believe this to be a crucial element. Our vision is future-oriented and as a one big team GBI strives for corporate excellence and goal achievement. By joining our organization, you will find yourself constantly challenged and must be prone to apply out-of-the box thinking.Life at Garanti BBVA InternationalGBI is a place for people who dream big and make their dream their goal. We look for people who will challenge the status quo in order to grow. We stand as one team, one family and together we are empowered to create our unique path, be agile, be curious and innovative. Strong partnerships ensure our success. Strong teams hold our foundation. We believe that diversity drives innovation and fosters personal development. We aim to create a working environment where employees are able to learn through support and coaching while contributing visibly to the success of bank.Our Core ValuesGBI is part of BBVA, an integrated and innovative financial institution that looks to the future, created with the mission of financing people’s dreams. That spirit continues to inspire us today and encourages us to transform people’s lives by helping them make the best decisions to fulfil their dreams. This mission is underpinned by our Purpose: “To bring the age of opportunity to everyone”. We live these values, which make us strong and allow us to achieve our purpose so we can keep creating opportunities.Customer Comes FirstWe see our work from the customer's perspective, as we incorporate their point of view in every decision we make and always put their interests first. We meet our customer's needs in an agile way, overcoming any difficulties that arise.Think BigWe want to amaze our customers with the best solutions to generate unique experiences. To achieve this, we set ambitious and inspirational challenges for ourselves, while questioning everything we do and posing new ways of doing things.One TeamWe are committed both to our individual role and the company's objectives as our own. We work as one team, trust our colleagues and break silos between units and hierarchical barriers.Application:If you are ready to join our team and contribute to the success of company, we encourage you to apply by submitting your resume and a cover letter. You have two options to apply:Online Application: Click on the link below to access our online application portal and submit your application.Email Application: Alternatively, you can send your application documents (resume and cover letter) directly to hr@garantibank.eu.We appreciate your interest in our organization and look forward to reviewing your application. Should you have any questions or require further information, please don't hesitate to reach out.Please note that we do not appreciate any acquisition efforts for this vacancy by recruitment agencies.Garanti BBVA International (GBI) is a mid-sized European bank established in Amsterdam, the Netherlands since 1990 and serves to corporate and institutional and retail clientele. GBI is a wholly owned subsidiary of Turkiye Garanti Bankasi A.S. (Garanti) and has presence in Germany and Turkey. Our ultimate parent is BBVA.Garanti BBVA International (GBI) creates tailor-made financial solutions for all its clients, across Europe and the globe in the areas of trade and commodity finance, corporate banking and global markets. GBI also provides targeted retail banking services in the Netherlands and Germany.We are: Personal. Fair. Responsible.Our purpose: Support your drive to go further
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