London - 2024 Long Term Internship - ERI (Energy, Resources & Infrastructure)

In the UK, Global Banking focuses on 4 main business areas: Corporate Clients Group, Capital Markets, Low Carbon Transition Group and Transaction Banking.

This role sits within Capital Markets, which is a platform designed to provide a fully integrated offer across debt and equity, and work closer with its issuer and investor clients.

The ERI team sits within the Real Assets EMEA department within Capital Markets, and has a leading position as adviser and arranger of limited recourse financing solutions across the EMEA region in the Infrastructure and Energy sectors. 

The team advises clients with respect to their debt financing needs, arranges and structures debt financing as mandated lead arranger, cross sells other products of the bank (including hedging and cash management solutions), acts as coverage for certain clients and monitors its exposure to transactions on its book. The team is located in Paris, Brussels and London (main hubs), with local teams in Milan and Madrid.
Within ERI, the Transaction team is in charge of execution and origination support for new deals, in close cooperation with the Sector teams (organised by sector) and the Credit Portfolio Management (CPM) team.

Purpose:

• Assist the senior team members in the day-to-day business activities
• Contribute to a variety of tasks allowing a general introduction to the business

Scope:

•  Part of the Energy, Resources & Infrastructure Team within Real Assets, Capital Markets, covering EMEA / UK activities

Core Accountabilities of Role:

• Contribute on the day to day execution of deal activity across Energy, Resources & Infrastructure EMEA
• Ensure quality and timely preparation of all materials required for deal preparation

Marketing and Origination Support

• Contribute to the preparation of screening memos, commercial proposals/pitches and, as applicable, research papers, preliminary financial modelling and debt sizing analysis
• Prepare presentations and pitches;
• Perform background industry and company research, synthesising information from diverse sources;
• Interact with internal parties in both marketing and execution;
• Track developments in the market;

Execution

• Develop or review / run financial models, prepare related deliverables and (as applicable) interact with the client on those aspects
• Actively contribute to the preparation of credit papers, information memoranda and certain due diligence aspects (in particular any model audit)
• Participate in legal aspects (notably those aspects of the term sheet and finance documentation related to the model)
• Assist in the KYC on-boarding process
• Challenge senior officers on both commercial and technical aspects of transactions
• Ensure handover of the responsibility for new deals to the Portfolio & Analytics team upon closing, in accordance with agreed guidelines

Regulation

• Ensure that all regulatory and commercial training is completed on time and refreshed as required;
• Responsible for adherence to the Bank’s corporate policies, to its internal Compliance regulations as well as to appropriate external Regulators

Knowledge, Skills and Experience

Technical

Qualifications:

• A degree from a leading university with an excellent academic record; or equivalent work experience

Experience:

• Previous experience within top tier investment bank or infrastructure fund and in similar business area

Client:

• Understand clients' needs and provides a first level of answer within his/her perimeter of responsibilities

Expertise:

• Proven credit analysis experience and commercial knowledge of capital markets, including debt markets and ERI sectors
• Excellent quantitative and analytical skills
• Determination to learn and improve performance
  • Capacity to meet deadlines under pressure
  • Circulate correctly and in a timely manner information to senior members
  • Rigour and detail oriented, allowing to gradually increases level of autonomy and efficiency in production of models and analysis

IT:

• IT literacy in Microsoft Office

Language:

• Fluent in English, another European language would be beneficial

Behavioural

People:

• Strong team player
  • Creativity in suggesting adequate ways to solve issues
  • Critical of own work / Professional reaction to positive and negative feed-back and use of this feed-back to improve

Conduct:

• Strong capacity to support and foster a culture of good conduct
  • Demonstrate proactivity, transparency and accountability for identifying and managing conduct risks
  • Consider the implications of his/her actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure.

Location : London

Start date: ASAP

Duration : 11 months

Salary : Competitive