Job Description

Job purpose:

• Full Time 12 months internship position (immediate opening)
• Support Corporate Clients (CC) business in Singapore and Asia region (CC business includes Investment Banking, Corporate Banking, Transaction Banking etc)

Key activities:

• Assist business management in

• CC business in Singapore and Asia, including identifying and assessing profitable business opportunities in the region; quantifying resource requirements, Implementing business plans and change initiatives
• Daily “run the bank” activities and management of issues surrounding ongoing business (eg. manual checking of trades vs. the Restriction/KYC List (Whirlpool), weekly management reports etc)
• KYC/AML matters for Singapore Branch wide
• Help in meeting preparation and minutes taking

• To develop knowledge of the bank’s products such as – Corporate International, Commodities, Corporate Finance, Fixed Income & Currencies, Loans, Trade Finance etc

• Adhere to the client governance policies and procedures and related Compliance tasks within the first line of defense concept of the bank

• Support business development by undertaking research and analysis on the markets in Asia

• Develop understanding of products suitable for each target country / market in Asia, together with the regulatory challenges and constraints (eg. keeping the CMA Asia and Singapore IC NPP list up to date, helping to minutes in the monthly Asia OpCo meeting with senior managements in Asia)

• Assist in preparation of financial analysis to support strategic decisions by the business

• Assist in coordinating business-related projects, ensuring objectives are delivered

• Assist in the development of new processes, systems and procedures to meet changing business requirements

• Active response to and identification of internal client requests (eg. providing support to gather data for regulatory reporting)

• Understanding key business drivers of the various business area, application of this knowledge to align own activities

• Identification of problems and all relevant issues in simple situations; development of possible solutions and their evaluation using standard procedures

• Organisation and prioritization of own work, to deliver against agreed targets and deadlines

• Provide support to senior staff as directed, or ah-hoc support wherever required

• Initiates action to further improve skills and performance

• Play an active role in understanding an embracing the compliance culture of Commerzbank

• To adhere to all relevant regulatory and compliance requirements
  

Formal education: University degree or better – students/graduates from any school/course

Specialist knowledge (work experience, further qualification): Available to work full time and not prior experience needed but

• Able to demonstrate an exceptional degree of initiative

• Have an interest in working in the financial markets and with people

• Able to deliver in high pressure and results-orientated environment

• A good level of computer literacy, including Excel spreadsheets and Powerpoint

• Fluent in English