Trainee Trade Finance Operations (m/f/diverse)

Commerzbank AG; Comunidad de Madrid; On-site; EUR 18,000 - 24,000; Full time

Job summary

Commerzbank Madrid seeks a recent economics graduate for a Trainee role in Trade Finance Operations. You will gain hands-on exposure to processing export and import activities for Spanish corporates and learn the full product suite.

In collaboration with Transaction Banking Sales Specialists and Relationship Managers, you will ensure compliance with internal and regulatory guidelines, meet deadlines, and contribute to anti-money laundering controls.

Qualifications

• Bachelor’s or Master’s degree in Economics or related field from a Spanish university
• Analytical and organizational skills with a deep understanding of banking
• Fluent in Spanish and English; German a plus

Responsibilities

• Get to know the details of the complete product suite of Trade Finance Operations
• Support the Trade Service Specialist in processing documentary and guarantee Trade Finance items
• Ensure compliance with process-relevant guidelines and regulatory requirements within deadlines
• Collaborate with Transaction Banking Sales Specialist and Relationship Manager to support corporate clients
• Check communications from clients/other banks for completeness and authenticity; scan documents and dispatch to counterparties
• Contribute to AML/CTF first line of defense and risk controls

Skills

Analytical skills

Organizational skills

Banking industry knowledge

Team player

MS Excel & PowerPoint

Interest in AI in banking

Spanish & English fluency

Education

Bachelor’s/Master’s degree in Economics or related

Tools

MS Excel

PowerPoint

Job description

You have finished your degree and are looking for an interesting job with an attractive remuneration and the potential to build a long-lasting career?
You are interested in Trade Finance, want to get deeper into that field and understand what it takes to process Export – and Import activities of Spanish corporates?

Your tasks:

• Get to know the details of the complete product suite of Trade Finance Operations and a good overview of any other banking products offered to Spanish corporates
• Support the Trade Service Specialist in the complete processing of the documentary and guarantee Trade Finance business (including system input)
• Ensures that the process-relevant internal and external guidelines and regulatory requirements are being complied within their scope of works, and deal with each task within any given deadlines.
• Work closely with Transaction Banking Sales Specialist and Relationship Manager dealing with corporate clients, whom you support by providing pertinent information in a team-orientated manner
• Checking any communication from clients or other banks for completeness and authenticity, as well as scanning of the documents, documentation of the scanning and dispatch of the documents to the named counterpart
• Ensure adequate knowledge of clients and comply with first line of defense principles in order to contribute to Anti-Money Laundering as well as Counter-Financing of Terrorism

Your Profile:

• You have completed your Bachelor’s or Master’s Degree in Economics/other relevant disciplines at any Spanish university/vocational training center within the last 12 months and you have so far no work experience in relevant field of business (no previous full‑time labor contract is a legal requirement for the Trainee contract in Spain).
• Proven and distinctive analytical and organizational skills
• Deep understanding of the banking industry
• Great team player and willing to work in an international environment
• Proficient in using MS Office, esp. MS Excel & Powerpoint
• Genuine interest in Artificial Intelligence, particularly in exploring practical ways to integrate AI into day‑to‑day banking activities and processes.
• Fluent in Spanish and English, German is a plus

The company:

Commerzbank is the leading bank for the German Mittelstand and a strong partner for around 26,000 corporate client groups and almost 11 million private and small‑business customers in Germany
Commerzbank transacts approximately 30 per cent of Germany’s foreign trade and is present internationally in almost 40 countries in the corporate clients’ business
Amongst others, the current Strategy 2024 aims at enhancing the client experience by taking digitalization to the next level as well as to make sustainability an integral part of our everyday activities
Commerzbank Madrid supports local companies operating in selected future‑oriented industries as well as the Spanish subsidiaries of German companies
The local Trade Finance Operations team is responsible to provide and process solutions to ensure the smooth operations of our clients import and Export activities in close cooperations with the local Sales teams.