Global Corporate & Investment Banking 1Yr. Internship
BBVA - new york city, NY
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Summary of Responsibilities:A Corporate Banking Team Intern is a member of a client-facing team within BBVA's Corporate and Investment Bank. The Interns primary responsibility is to support Corporate Banking Clients USA Relationship Managers in developing, marketing, and delivering the bank's wide range of banking products and services to corporate clients within a defined set of core industries. The Intern will coordinate closely with Relationship Managers in the United States, Europe and Latin America, and Product groups to manage all aspects of transactions, including proposal preparation and liaising with risk and Portfolio Management, Legal, Operations and Finance teams.MajorEssential Job Duties:Marketing and Deal ExecutionIdentify and understand client needs, promptly responding to all client requestsCoordinate transaction closings, including management of all documentation and follow-upPrepare for client meetings, including presentation materials, background information and call plansResearch and evaluate potential new client relationshipsRiskreward Analysis and Decisions Prepare transaction summaries and Risk-Adjusted-Return analysis for presentation to Credit Committee, including financial metrics such as pro-forma financial statements and cash flow projections, risk and mitigants, SWOT analysis, etc Analyze global relationships, gathering credit facility and revenue data from BBVA subsidiaries, especially those in Latin AmericaParticipate in Credit Committees jointly with Relationship ManagersInternal Coordination and Problem SolvingConduct joint planning sessions with Product teams including Debt Capital Markets, Bank Syndications, Corporate Lending, Foreign Exchange, Cash management, etcCoordinate internal procedures with the Credit, Operational and Legal departments Resolve any financial, administrative and operational issues by working closely with Operations, Middle Office and Business DevelopmentInformation Management and ReportingPerform research and summarize opinions of major equity analysts on products, industries, countries, and economic forecastsEnsure integrity of domesticglobal profitability information gathering for internal team reportingMaintain the Customer Relationship Management system for pipeline and profitability reportingLevel of Complexity and Risk Involved: The Intern position requires a high level of involvement and responsibility. Interns are responsible for substantial amount of in-depth analysis and research For each client in the portfolio, the Intern plays a relevant role in identifying business opportunities that are in line with the capabilities and product and service offerings of the bank. Scope of Duties: Interns play a critical and indispensable role as members of the Corporate Banking team. Interns support Global relationship managers in all day to day operations from client and industry analysis to working on live transactions and deal execution. Interns are also expected and encouraged to interact daily with product partners to enhance internal communication and accomplish deliverablesAdditional expectations within the scope of the Intern role:Ability to meet deadlines and prepare client presentations on time and with minimum errors (high attention to detail)Successful interaction with the various product groups and colleaguesEffective communication skillsDevelop solid knowledge of corporate banking products and servicesStrong work ethic and high degree of proactivenessSkills, knowledge, and abilitiesCompetencies: Technical Skills:Bachelor's degreeStrong analytical and financial modeling skillsAdvanced computer skills, particularly in Excel and PowerPoint; Reuters and Bloomberg a plusUnderstanding of international economics and marketsCredit Training a plusPerformance Skills:Excellent communication skills; ability to coordinate with people across different departments and regions (Product Specialists, Credit team, Corporate Banking, and local relationship managers)Ability to work under pressureStrong attention to detailStrong interpersonal and teamwork skillsManagement Responsibilities: Interns work within an analyst pool and report to various senior bankers. Each Intern is responsible for a set number of client accounts within a given industry sector(s). Interns are expected to learn the dynamics of the industries they cover and to take ownership of their accounts and might have substantial responsibility in identifying and following on opportunities with their portfolio of clients.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.With respect to this position in our New York Office, the expected base salary is $90,000.00. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions.
Created: 2025-03-10