2024 APAC Long Internship (Jun – Dec) – Transaction Banking – Singapore

April 8, 2024

2024 APAC Long Internship (Jun – Dec) – Transaction Banking – Singapore

ReferenceTRA001646

  • Internship
  • SG-06-Singapore
  • MISCELLANEOUS
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In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 20,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships. 
 
Worldwide, BNP Paribas has a presence in 63 markets with more than 180,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.  

* excluding partnerships

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.

https://careers.apac.bnpparibas/

Please note that this is a internship that may require you to defer from university studies for the period of the assignment. Start date is early June 2024.

We are seeking enthusiastic and responsible undergraduates to join our 6-month internship program. In this position, you will be exposed to the intricacies of Transaction Banking (TB). You will discover how our Bank partners with corporates to optimize their Cash Conversion Cycles, and improve Trade/ Working capital. There are multiple roles within the TB business and interns will be assigned to a dedicated team:

1. APAC Regional Cash Management Sales and Product Management
2. APAC Global Banking Business Management
3. APAC Risk & Governance and Client Delivery
4. APAC Liquidity and Investment Solutions Business Management
5. APAC Regional International Trade
6. APAC Global Trade Solutions Product Management
7. APAC Banking and Network Management
8. SEA Cash Management Sales
9. SEA Supply Chain Management

In addition to the on-the-job experience, the intern will have to opportunity to meet and interact with managers and executives of different departments of the Bank. This will enrich their personal network and understanding of how a bank functions.

Successful applicants will be given an internship allowance and may be offered the opportunity to join the Bank’s Graduate Programme upon their graduation, subject to:

·        An academic grade per the programme’s criteria in the final year i.e. the obtainment of the degree

·        A positive recommendation by the manager during the internship

Responsibilities

1. APAC Regional Cash Management Sales and Product Management

• Support various CM projects, support various RFPs and regional deals, and provide monthly updates of CM product content and capabilities for RFPs and pitchbook

• Support Cash product management and commercialization activities in collaboration with regional product managers incl. contribution to Industrialization projects 

2. APAC Global Banking Business Management

• Lead high-visibility projects such as a) interest rate sensitivity analyses, b) revenue, assets, and deposits forecasting, c) digitalization projects, and present your projects to senior management.

• Co-create Strategic initiatives and address Business Intelligence needs of Global Banking to capture wallet share and nurture tail accounts.

3. APAC Risk & Governance and Client Delivery

• Risk & Governance: To provide support in various topics such as AML/Sanctions/conduct/conflict of interest, etc for Transaction Banking (Cash, Trade, Supply Chain).

• Client Delivery: To contribute to new global and regional projects associated with CS teams.

4. APAC Liquidity and Investment Solutions Business Management

• Assist in deposits sales steering activities in CIB Corporate Banking and perform ad-hoc analysis on deposits evolution and pricing

• Maintain and improve existing processes and Tableau reports

5. APAC Regional International Trade

• Creation of client pitches, support RFPs for International Trade products and tailoring them to client-specific requirements

• Lead data analytics and produce dashboards specific to International Trade e.g. weekly Utilisation report, ex-post quarterly dashboard, funded transactions overdue report, etc.

6. APAC Global Trade Solutions Product Management

• Support production of regular and some ad-hoc management reports as well as marketing material preparation for new features

• Produce digital newsletters for Transaction Banking

• Support with product requirement / testing / acceptance for new IT deliveries

7. APAC Banking and Network Management

• Correspondent banking support on RMA keys management, Loro and Nostro accounts reporting, and AML analysis.

8. SEA Cash Management Sales

• CM Specialist: Analyze and understanding key business drivers and perform activities to assist with our sales strategy and client engagement model

• CM Product: participate in product development activities for the 2023 Product Roadmap for SEA countries

• Business Management for SEA: Preparing presentation decks, analytics and consolidating data from different regions

9. SEA GTS Supply Chain Management Sales

• GTS Support: Data analytics / dashboard specific to GTS e.g. reporting

• Marketing intelligence: prepare internal review which are industry-focus (eg mapping of clients across value chains of interest such as TMT, Construction, Renewable energies, Automotive including EV batteries) and corridor-focus (US, France, UK, Germany, Nordics, China etc.)

• Structuring: main structuring tasks encompass the preparation of SCM memos for new deals and annual reviews, running pricing simulations (RAROC), drafting termsheets, preparing pitchbooks

• Year 2 undergraduate to final year in data analytics, business, economics, finance, or related fields

• Strong academic performance 

• Excellent written and verbal communication skills 

• Energetic, self-driven and responsible

• Ability to multi-task and possess organisation skills

• Strong analytical skills

• Attention to details

• Proficient in Microsoft Office Applications, in particular Excel and PowerPoint will be preferred

• Programming knowledge such as excel VBA and SQL will be preferred