Internship for Wealth Management

EMIRATES NBD BANK (P.J.S.C); Singapore; On-site; SGD 11,000 - 13,000; Full time

Job summary

Emirates NBD Singapore branch invites motivated students to join its Wealth Management internship program. You will support Client Service teams, assist Business Management initiatives, and gain hands-on exposure to Bloomberg within a private banking context.

Selected interns will work full-time for six months, under mentorship from senior staff, and develop understanding of wealth management across private, priority and business banking segments while sharpening presentation and analytics

Qualifications

• Pursuing a Bachelor's degree or equivalent.
• Proficient in MS Excel, Word and PowerPoint.
• Positive attitude with willingness to learn quickly.
• Ability to work under tight deadlines and manage time.
• Commitment to a 6-month full-time internship period.

Responsibilities

• Assist Client Service teams with administrative Wealth management tasks.
• Support Business Management with growth initiatives and deck preparation.
• Learn the Bloomberg platform and its usage in wealth management.
• Provide basic support to wealth advisors and credit team; monitor client positions and rebalancing.

Skills

MS Excel

MS Word

MS PowerPoint

Positive attitude

Keen to learn

Education

Bachelor's degree

Tools

Bloomberg

Job description

Singapore Wealth Management operates within the auspices of ENBD Singapore branch. The business offers Private Banking, Priority Banking and Business Banking clients of ENBD an opportunity to diversify safekeeping and custody of their wealth into a different jurisdiction from the UAE. It also enables these clients to benefit from the robust regulatory regime as well as world class offshore wealth management infrastructure available in Singapore.

In addition to delivering operating revenue budgets, the Singapore WM business is closely engaged in onboarding new clients as well as catering to the banking, investments and credit needs of these clients to a high standard of service.

Job Purpose

Emirates NBD PJSC Singapore branch conducts both a Corporate & Investment banking business as well as a Wealth management business.

The Wealth Management business is on the cusp of a transition from serving as a coverage unit for the group’s private banking clients to being positioned for development of a Best-in-Class segment agnostic Wealth Management platform.

As a result of this transition and the pursuant kick of several business initiatives, several internship opportunities have arisen. During the internship period, the selected candidate will be exposed to various areas within the Wealth Management team. A senior staff will be assigned as the mentor to the selected candidate.

Key Responsibilities

• Assist the Client Service teams on the various administrative matters within Wealth management.
• Assist the Business Management team on various business growth initiatives, as well as preparing various business review and strategy decks to internal stakeholders.
• An opportunity to learn the technicalities of how to use Bloomberg.
• Provide basic support to wealth advisors and credit support, advising the current positions of client’s account, loan positions and rebalancing of client’s portfolio.

Opportunities & Exposure

• Understand the wealth management needs of private banking, priority banking and business banking client segments of the group.
• Understand products and investment solutions within the bounds of wealth management including the use and impact of leverage (loans).
• Outside of wealth management, there will also be exposure to upstream/downstream departments such as Credit, Treasury, Compliance, and Risk functions as well.

Projects

• Certain work ownership and responsibilities will also be provided such as mini projects to streamline processes of the Bank.

Job Requirements

• Currently pursuing at least a Bachelor's Degree.
• Proficient in MS Excel, MS Word, MS PowerPoint.
• Positive attitude.
• Able to demonstrate keenness in acquiring new knowledge and work under short turnaround time.
• Must be able to commit to Internship period of 6 months (full-time).
• Please state clearly the internship period / dates that you are available in your CV.