Transaction Banking Services Internship

Job Description:

Job description

Business type

Types of Jobs - Operations

Job title

Transaction Banking Services Internship

Contract type

Internship/Trainee

Term (in months)

12

Management position

No

Job summary

Are you looking to launch your career in global banking? Do you want hands-on experience at the centre of client operations, payments, and international transaction flows? Join our Transaction Banking Services (TBS) team and gain front-line exposure to how an investment bank manages client relationships, oversees critical payment processes, and supports global trade and cash-management activities.

This internship is an opportunity to work alongside experienced banking professionals, develop core operational and client-service skills, and build a foundation for a future career in Transaction Banking, Operations, or Client Services.

Key responsibilities:
Client & Account Support
* Work as a key contact point between Relationship Managers, operational teams, and clients.
* Assist with client account management, including monitoring balances, facilities, documentation, and daily enquiries.
* Help maintain accurate mandates and support general account administration.
Payment & Transaction Processing
* Support the authorisation and processing of client credits and debits, manual and automated/SWIFT payments, outward transfers, deposits, Letters of Credit, Guarantees, and standby L/C requests.
* Assist in reviewing and investigating Nostro activity and daily financial reports.
* Help manage and re-route SWIFT messages and support Swift Alliance user resets.
* Process dormant account requests and assist with account openings.
* Participate in ad-hoc projects and initiatives led by the TBS Team Leader.
Receivables & Supply Chain Finance
* Support the processing of Supply Chain Finance and Receivables programmes.
* Review documentation, risk participation agreements, and funding requests.
* Liaise with internal teams and external platforms to ensure accurate booking and post-funding reconciliation.
What You'll Learn:
During your internship you will gain exposure to:
* Global payment flows and settlement processes
* SWIFT standards and international banking operations
* Client relationship management within a corporate and institutional banking environment
* Regulatory requirements around Financial Crime, AML, and operational compliance
* Core systems such as Excel, Business Objects, and operational banking platforms

Position location

Geographical area

Europe, United Kingdom

City

London

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

* To have attainted or be expected to attain a Bachelor's degree within relevant specialism with minimum classification of 2:1.

Experience

* Previous exposure to working within Financial Services or Banking environments via work experience or prior short-term internships would be advantageous.
* Experience and knowledge of customer service/Account Management
*

Required skills

* Proficient and competent with MS Excel with the ability to utilise V-Lookups, pivot tables and sumifs
* Proficient with the wider MS Office suite
* Knowledge or prior exposure to SWIFT payments would be advantageous
* Excellent communication skills
* Demonstrate a flexible and adaptable approach to work
* Strong numeracy skills

Languages

English, (French desirable)