Internship at NIBC Bank in Frankfurt

Company: NIBC Bank N.V. (Frankfurt Branch)

Location: Frankfurt am Main, Germany

Duration: 3 to 6 Months

Position: Internship Structuring

Start date: Q3 or Q4 2013

Number of days a week: Full Time

Remuneration: EUR [1500] per month

Company Description

NIBC is the bank of choice for decisive financial moments. Our Corporate Banking activities cover a combination of advice, financing and co-investment activities. For every transaction we put together a hand-picked cross-discipline Corporate Banking team. We have expert sector knowledge in Food, Agri & Retail; Industries & Manufacturing; Technology, Media & Services; Commercial Real Estate; Shipping & Intermodal, Oil & Gas Services; and Infrastructure & Renewables. Our Consumer Banking activities include residential mortgages and online retail saving deposits via NIBC Direct in the Netherlands, Germany and Belgium.

Our clients are our top priority. We build long-term relationships with our clients - corporations, financial institutions, institutional investors, financial sponsors, family offices, entrepreneurial investors and retail clients. Headquartered in The Hague, we also have offices in Brussels, Frankfurt and London.

Frankfurt Branch

NIBC established its Frankfurt branch in 2005 and has grown it to a sizeable operation with approx. 70 FTEs. Germany is now the second home market to the bank, with strategic growth areas including structured finance, M&A advisory and corporate lending for clients in our sectors. We are based in the centre of Frankfurt’s financial district, using two floors in the ‘Main Tower’.

Structuring

The Structuring team is responsible for structuring highly sophisticated transactions for the bank and its clients such as securitisation transactions, asset-based lending, and other structured solutions. The structuring team works closely together with the Sector teams to detect client needs and to offer what the markets demand. The team also cooperates closely with Treasury to satisfy the bank's funding needs.      

Structuring deploys various funding and risk transfer techniques (including securitisation, syndication and (credit) derivative technology) to manage the exposures of our clients and the bank. The team structures individual (large) loans and portfolios comprising of more loans into risk participations that can be transferred to banks and the capital markets.

Assignment description

As an intern in Structuring you work on financial transactions for both clients and NIBC. Working on a transaction, you are assisting the team on data analyses, cash flow modelling, legal documentation, and (internal) coordination. You also support the team by performing desk research, designing and drafting presentations and other material for clients and institutional investors. You are in contact with various internal and external stakeholders, including corporate clients, investors, law firms, rating agencies and other banks.

You can combine your internship with a Master research assignment provided that the topic is suitable. Topics could be in the areas of debt capital markets, securitisation, European banking markets etc. Prior to the start of the internship we are available to act as ‘sparring partner’ to identify a topic that would work for you, us and your university. In order to allow you to build up practical experience at the same time, ideally you would equally divide your time between research and supporting the team. NIBC has access to many financial data sources you could take data from. If you use confidential data of NIBC, you may be required to sign a confidentiality agreement and may not be able to make your research public.

Candidate Profile

Entrepreneurial academic team player with above average grades who is keen to be active in a large variety of structured transactions. Strong analytical and numerical skills, flexible attitude, perseverance and creativity are required.

- Commercial skills

- Team player

- Analytical and accurate

- Flexible and able to work under time pressure

- Excellent communicative skills in English (verbal and written) and German (at least verbal).

Education

You are in the final phases of, or have completed, an academic degree (Bachelor or Master) with, preferably, a specialisation in financial economics, financial management, financial engineering, econometrics and/or beta sciences.

Our employees are NIBC’s biggest asset, so we aspire to create a workplace where employees can be who they are; an open-minded culture where diversity is openly encouraged and respected. We value human differences. This does not only include demographic diversity in gender, nationality or age; but also cultural differences, and social or personal needs, such as work-life balance.

Interested?

Send an e-mail with your CV and motivation letter to: careeroffice.feb@rug.nl

Interested in the experience of students who did an internship? Check their testimonials . The Career Office keeps students informed about Career Events via its Career Calendar . Join the Career Office FEB group on LinkedIn and follow us on Twitter, #careerFEBRUG

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