12 Month Internship - Credit Trading Business Management

Job Description:

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

12 Month Internship - Credit Trading Business Management

Contract type

Internship/Trainee

Term (in months)

12

Job summary

Join our dynamic team in the heart of the Credit Trading Product Line, based in the bustling capital markets trading room in London. This role is integral to both the Secondary and Primary Business operations, which are active round the clock, 5 days a week across time zones from Hong Kong to New York. As a Credit Trading Business Manager Intern, you will play a crucial role in supporting the implementation of strategies and procedures within the Credit Trading sector. This position requires a candidate with strong competencies in integrity, autonomy, and resilience under pressure.

Key Responsibilities are but not limited to:

* Assist the Credit Trading Business Manager with daily queries from various business functions including IT, Middle Office, Back Office, Compliance, Risk, Finance, etc., and engage with Credit chain stakeholders like DCM, Syndicate, and Sales
* Perform daily and weekly Credit P&L production and related commercial analyses for the Credit Trading Management:
* Collect and analyze P&L data, challenge data sources, chase inconsistencies, and produce the official Front Office Global P&L on Credit Trading
* Diligently analyze costs daily and challenge any unknown charges
* Produce P&L by trader and perform ad hoc analysis on results, commercial margins, etc
* Respond to enquiries from GMD Operational Risk, RPC Permanent Control, and Audit
* Conduct investigations on trades with negative mark-ups and follow up on Audit open recommendations
* Review, update, maintain, and implement Policies and Procedures of Credit Trading
* Ensure alignment with new Credit markets best practices and assist with any remediation actions to comply with Credit Policies & Procedures
* Enhance setup and processes through automation and enhancements of spreadsheets and other documents
* Prepare various extractions and presentations for different Credit stakeholders and assist in ongoing projects like pre-trade control or new activity processes

Supplementary Information

Join our team at Crédit Agricole CIB, the corporate and investment banking arm of 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2023). We offer more than just a job.
You will be part of a dynamic and collaborative work environment where CSR is embraced in our day-to-day business operation, innovation is encouraged and diversity is celebrated.
Crédit Agricole CIB, the first French bank to have committed to the Equator Principles, is a pioneer and global leader in sustainable finance. Our commitment to sustainability and corporate responsibility means that your work will have a positive impact on our communities and the environment.
With a people-centric culture where everyone is valued, and opportunities for personal and professional growth, Crédit Agricole CIB is not just a place to work - it is where you make an impact.
Our hiring process is open to all and should you have any particular needs or you may require adjustments, please let us know.

Position location

Geographical area

Europe, United Kingdom

City

London

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

* Graduated within the past 18 months

Experience

* Previous internship experience in a financial institution is desirable

Required skills

* Understanding of technical aspects of capital markets products and activities
* Competencies in integrity, synthesis, autonomy, and the capacity to handle a heavy workload
* Excellent organisational skills, attention to detail, and the ability to work with precision
* Strong written and oral communication skills
* Calm demeanor with resistance to stress

Technical skills required

* Strong knowledge of Microsoft Office, Business Objects, VBA, Python