Paris - Long Term Internship - Corporate Banking - Specialised Trade Solutions - Junior Trade Manager

Date:

6-month internship starting in December 2017 /January 2018.

Work environment:

The Junior Trade Manager will join the Inventory Management Solution (IMS) front office team of STS Paris (2 Trade Managers, 3 Origination & Structuration Officers, 1 Team leader), and will be integrated to a desk dedicated to:

-The follow up of commercial Transactions (with Traders, Corporates…) on energy, soft (cocoa, coffee) and metals,
-The administration of hedging positions (Futures on ICE, LME)
-The administration of specific transactions (short term)
-The communication with the Paris & Geneva STS Platforms for loans, payments, with London for hedge confirmations.

Responsibilities:

Together with the Senior Trade Manager, the intern will be requested to:

- Ensure the follow up of accepted transactions (sales, cash reconciliation, trading activity, P&L…),
- Maintain a daily update of such operations in respect of the authorizations granted by the Bank’s Credit Committee (mark to market, hedge, release of goods…)
- Generally assist the IMS team.

This mission entails a regular interaction with :

-Account Managers (acceptability of new transactions, drawing under existing credit facilities...)
-Coverage officers
-Brokers
-In due course, contact with clients (international commodity trading firms, large corporates)

Profile:

1st or 2nd Business School or University

Languages: fluency in French and English

It will be highly appreciated if candidates are already familiar with the main concepts of our activity :

-Commodities financing on energy, soft commodities (coffee in particular), metals,
-International trade: banking confirmation / documentary credits / payments,
-Risks: financial / price / legal /operational / documentary…

Skills & knowledge:

-Computer skills : Excel an absolute requisite, VBA, Pivot
-Motivation, dynamism and after a few months, autonomy,
-Sense of communication and rigor.