Skip to content

Paris - Long Term Internship - Corporate Banking - Energy, Resources & Infractructure - Project Finance Analyst

Europe
France
Paris
Long Term Internship
Corporate Banking
Analyst

Date:

6-month internship starting in January 2018.

Work environment:

Sectors covered by ERI:

  • Power & Renewables: onshore wind, offshore wind, solar PV, conventional power generation
  • Infrastructure: regulated utilities, transportation (roads, airports, ports), social and environmental infrastructure
  • Metals & Mining: from primary metals to semi-processed downstream products in the base metals, precious, steel and diversified subsectors
  • Mid and Downstream Oil & Gas: LNG, oil and gas transportation, oil and gas storage, petrochemicals, refineries
  • Upstream Oil & Gas: oil and gas production

 

Scope of ERI transactions:

  • ERI transactions can cover the construction or development of a new asset (greenfield), the upgrade and/or expansion of existing assets (brownfield), the acquisition of existing assets, working capital and general corporate purposes, or any refinancing of the above
  • Debt financing solutions structured and executed by ERI include, inter alia, project financing, reserved-based lending, pre-export financing and corporate debt. ERI has also coverage responsibility for certain clients

 

Geographical coverage:

  • Europe, Middle East and Africa (EMEA)

Main Duties & Responsibilities:

The intern will be part of the ERI Transaction team, focusing on new transactions. Responsibilities of the selected intern(s) would include:

  • Supporting the execution of new transactions, including:
    • Reviewing and/or developing cash flow models
    • Preparing certain sections of the credit papers (in particular: overview of the project and key parties, economic and financial analysis) and deliverables to the clients
    • Supporting the “Know your Customer” client on-boarding process
  • Supporting the origination of new transactions, including: Assisting in transversal tasks undertaken by the ERI Transaction team
    • Assisting in the preparation of commercial proposals or general presentations to clients (incl. maintaining / developing the marketing tools)
    • Assisting in the assessment of the profitability of new transactions
    • Performing some market research or early origination work

Examples of recent transactions executed by ERI:

  • Advisor and Arranger in respect of the refinancing of a gas-fired power plant, an onshore LNG regasification plant and a floating storage unit in Malta (Adviser & Arranger)
  • Financing of solar PV project in the United Arab Emirates (Arranger)
  • Financing of greenfield optic fibre network project in France (Arranger)
  • Bridge financing of optic fibre networks in Italy (Arranger)
  • Financing of greenfield offshore natural gas liquefaction project in Africa (Arranger)
  • Refinancing of existing corporate loans of a fast growing, diversified mining group listed in Canada with mining assets located in Africa, Europe and Latin America (Arranger)
  • Financing certain Norwegian operated assets sold by ExxonMobil for a Norwegian independent company (Sole underwriter)

 

Benefits

  • Understand how transactions executed by ERI are structured, including project finance deals
  • Become an integral part of the team and gain in exposure and responsibilities
  • Interact with other business lines of the Bank (e.g. Global Markets, Coverage, Syndicate)
  • Be integrated in a dynamic and international working environment

 

Profile

CV and Cover Letter in English mandatory

Conditions

  • Students must be in their penultimate/gap year (“stage de césure”) or in their last year (“stage de fin d’études”)
  • An internship agreement (“convention de stage”) is mandatory

Profile, Experience & Skills

  • Business / Engineering schools and universities
  • Non-French students are welcome
  • First experience in investment banking is strongly welcome

Languages

  • Fluency in English is required
  • Other languages (French, Spanish, Arabic, German, Portuguese…) are welcome

Technical Skills

  • Corporate finance fundamentals (incl. cash flow analysis)
  • Modelling capabilities (Excel, VBA) are a plus

Soft Skills

  • Team working spirit – ability to work in and adapt to multicultural environments
  • Organizational skills – ability to set priorities, plan actions and work methodically