International Corporates Graduate Trainee at Commerzbank · New York

Functional Title:

International Corporates – Graduate Program

Corporate Title:

N/A

Overtime Eligible (Y/N)

Yes

Department:

CC-IC – US Corporates

Reports To: (Position)

Sector Head within IC

Management Responsibilities: (Y/N)

N

Position Summary:

Joining our 18 month Graduate Program will give you the training and support you require to become successful in your new role at Commerzbank. The program is designed for recent graduates and you must therefore have graduated from Undergraduate school within the past 18 months. We are looking for a graduate to join our International Corporates team in New York.

The graduate will be responsible for supporting Sector Heads and Senior Relationship Managers with the operational responsibilities involved in managing the relationships with clients in North America.

Essential Duties and Responsibilities:

• Support RMs in managing client relationships
• Manage account opening initiation and the client take-on process
• Independently research and prepare business presentations for meetings with clients
• Assist with the preparation of call summaries after client discussions
• Manage Credit Process / Deal Preparation / Account Maintenance
• Exercise discretion and independent judgment in the preparation of credit applications and Cross Border Sublimits (CBS) – coordinate the information flow with RM’s
• Work with core product partners on market analyses and pitch books for client proposals
• Build sector knowledge across each subsector vertical by working closely with sector bankers and on the job training including reading industry research and client related reports developing understanding of industry issues, trends, etc.
• Help sector bankers create annual business plans and track results by client across the portfolio
• Responsible for sector business reporting submissions and tracking business P&L of business booked versus budget/plan
• Coordinate with credit department locally and globally to ensure timely credit decisions.
• Assisting with legal documents. Work with internal counsel to address and satisfy any legal and/or business issues therein, as the case may be
• Coordinate the preparation of Inflow Steering Committee documentation
• Ensure compliance with internal account maintenance and KYC guidelines

• Miscellaneous responsibilities as required

Experience/Qualifications/Education:

• Bachelor’s degree or similar level qualification
• The above responsibilities require an individual that is extremely self-motivated, has the capacity to work independently and coordinate efforts within the Relationship Management team
• Basic knowledge of credit process and Corporate Banking products offered in the U.S.
• Good writing skills and attention to detail as well as good communication skills are essential for the position
• Word, Excel & PowerPoint proficiency required
• Must be a strong team player Extensive experience with Microsoft Word, Excel, PowerPoint
• Basic knowledge of regulations, guidelines, tax issues, legal matters, compliance matters in the US

Disclaimer:

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. This document is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required by the incumbents. Job responsibilities are subject to change, with or without notice. All employees may be required to perform duties outside of their normal responsibilities at any time at the Firm’s total discretion.

This document does not constitute a contract of employment with you of any kind, express or implied for any duration, or with respect to any of its stated or omitted terms. As described in the Firm’s employee handbook, the Firm reserves the right to terminate your employment with or without cause, notice or reason at any time at its sole discretion.