Trainee Trade Finance Operations (m/f/diverse)

Commerzbank Gruppe; Madrid; On-site; EUR 12,000 - 18,000; Full time

Job summary

Commerzbank Madrid seeks a Trainee to explore the full Trade Finance product suite and support the processing of documentary and guarantee activities for Spanish corporates. You will work with the Trade Service Specialist and closely cooperate with Sales and Relationship Management to ensure compliant, timely handling of documents.

Ideal candidates hold a Bachelor’s or Master’s in Economics from a Spanish institution, speak Spanish and English, and have strong analytical skills.

Qualifications

• Bachelor’s or Master’s Degree in Economics or related field from a Spanish university or vocational center.
• Proven analytical and organizational capabilities.
• Deep understanding of the banking industry and familiarity with corporate clients is a plus.
• Willingness to work in an international environment and strong teamwork.
• Proficiency in MS Office, especially Excel and PowerPoint.
• Interest in AI and practical applications in banking processes.

Responsibilities

• Get familiar with the full Trade Finance product suite and overview of banking products for Spanish corporates.
• Support the Trade Service Specialist in processing documentary and guarantee Trade Finance activities (including system input).
• Ensure compliance with internal and external guidelines and regulatory requirements within scope, meeting deadlines.
• Collaborate with Transaction Banking Sales Specialist and Relationship Manager to assist corporate clients as a team.
• Review client communications and bank messages for completeness/ authenticity; scan and dispatch documents.

Skills

Analytical skills

Organizational skills

Team player

AI interest

Education

Bachelor’s or Master’s in Economics

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?

Then we are looking forward to receiving your application!

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.