
Intern, Development & Agency Finance
Required skills
Job description
Standard Chartered published this listing. We've added our own working-student context below — what this role means for your weekly hours, take-home pay and student visa as a student in Frankfurt, Germany.
Description provided by Standard Chartered
Support the origination and execution related activities of the Development and Agency Finance team members in SCB AG.
Key Responsibilities
- Support for generation of new business opportunities.
- Provide support to identify and originate Development and Agency Finance transactions from European sponsors, borrowers and exporters (with specific focus on Germany, Switzerland and Austria) that target our footprint markets.
- Plan and implement marketing activities in assigned markets (Germany, Switzerland and Austria) and following through on lead generations.
- Provide support to manage and develop relationships with identified European Export Credit Agencies (with focus on Euler-Hermes, SERV and OeKB), Multilaterals (if any) and DFI (such as DEG) to understand their policies and product program. Deliver ECA/ML/DFI structures to clients.
- Work across product groups in Global Credit Markets and Transaction Banking to cross sell other banking solutions.
- Develop relationships with key individuals at exporters, aggregators, ECAs, borrowers and project sponsors.
- Ensure business opportunities and transactions are developed and executed in a timely and efficient manner.
- Support DAF regional heads and PF regional heads in originating and tracking opportunities in target markets.
- Support origination (from sponsors and exporter clients), development, marketing, negotiation and lead execution of Project & Export Finance transactions with special focus on DAF transactions (loan arranger and advisory mandates) in relation to European sponsors / exporters (with specific focus German speaking markets).
- Support the wider DAF team (in particular, inbound market DAF team).
- Use of Export Credit Agency, Multilateral and DFI products and risk mitigation techniques to reduce credit and funding risks in both existing and future assets.
- Actively engage with the global/regional ECAs/MDB/DFIs to develop new structures and usage of new products introduced by these institutions.
- Adherence to and promotion of Group and SCB AG governance, compliance and risk standards.
- Liaise with SCB AG stakeholders regarding budgeting/planning and booking purposes.
- Embed Here for good and Group’s brand and values in Structured Export Finance
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions(double hats);
- Academic or Professional Education/Qualifications; BA or Master / MBA equivalent
- Licenses and Certifications/accreditations; N/A
- Professional Memberships, i.e. required for roles for continuous development/ improvement/awareness of current practices etc: N/A
- Bank training; complete all required mandatory and development training
- Languages: Fluency in English, and Business German is preferred.
- Manage Conduct
- Risk Management and Internal Controls
- Manage People
- Compliance - Governance, Oversight and Control
- Risk Management – Market / Liquidity
- Business - Strategy and Model
- Business - Market Knowledge
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together We
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
- Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible working options based around home and office locations, with flexible working patterns.
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Working student essentials
What this Finance internship in Frankfurt means for you — pay rules, social contributions, and what international students should check before applying.
Weekly hours
Internships have no 20-hour cap, but a voluntary internship longer than three months generally has to pay at least the German minimum wage. Mandatory internships in your study programme are exempt.
Working student rulesSocial contributions
Mandatory internships are largely exempt from social contributions. Voluntary internships are treated like regular employment once they run long enough, so contributions usually apply.
Check your insuranceInternational students
Non-EU students can work 140 full or 280 half days per year (raised from 120/240 in March 2024). A working student contract usually fits within this — confirm the exact limits printed on your residence permit.
Studying in Germany