Standard Chartered
Intern Transaction Banking US 2025
New York, NY
Sep 4, 2024
Full Job Description

Transaction Banking Intern 2025

Our Transaction Banking team, part of our Corporate and Investment Banking (CIB) function, are world-class subject matter experts and specialists who develop, implement, and manage a wide range of products and solutions including cash management, international trade services, supply-chain finance, working capital and treasury advisory and structuring. We help clients manage their daily cash, trade and working capital operations through digitally enabled solutions and data that power their decisions and drive profitability.

Corporate Investment Banking (CIB) at Standard Chartered Bank gives you the opportunity to be more. You can be more innovative, empowered, and impactful and take your career as far as you want it to go. We're a place where ambition meets impact, which means you'll be able to work on challenging projects, learn new skills and make a meaningful difference to the world.

We support local and large corporations, governments, banks and investors with their transaction banking, financial markets and borrowing needs.

We provide solutions to more than 20,000 clients in some of the world's fastest-growing economies and most active trade corridors. Our clients operate or invest across 50 markets across the globe.

Our strong and deep local presence enables us to help co-create bespoke financing solutions and connect our clients multilaterally to investors, suppliers, buyers and sellers.

Our products and services enable our clients to move capital, manage risk and invest to create wealth. Our clients represent a large and important part of the economies we serve. CIB is at the heart of the Group's purpose to drive commerce and prosperity through our unique diversity.

About the Internship Programme

Our 10-week Internship Programme gives you the opportunity to gain first-hand experience working on real-world problems, hone your skills, create lasting relationships, gain insights, and discover your strengths. Throughout the programme, you'll acquire the skills for immediate success, as well as understand what's required for the future as our industry and your career evolve. A strong performance on the programme, could lead to a graduate job offer.

What you'll experience

Through this immersive programme, you'll gain an understanding of technology-based solutions to address the payment and cash management needs of our clients across borders. To manage their working capital, we ensure secure, timely and streamlined processes with reduced costs and minimal risks to our clients. Your programme will also include:

  • A one-day orientation introduces you to the Bank and your fellow interns.
  • Four days of classroom instruction to learn more about our products, our business, and our bankers.
  • On-the-job training and technical seminars to support your learning.
  • Performance reviews and support of managers, mentors, and buddies
  • Presentations by senior management (speaker series) and engagement with executive management
  • Networking within the CIB business function and across divisions
  • Engaging in community service

Transaction Banking Roles

Interns will be assigned to one of the roles below. As part of our assessment process, we help you learn more about the opportunities and determine which best suits your skills, attributes, and interests. Through the opportunities below, you'll gain hands-on experience and become an integral part of the team.

Product Development are responsible for developing new products, including ongoing enhancements and features to transaction banking platforms to meet the global objectives of both clients and our Bank. They ensure maximum business value off our product suite by seeking emerging technologies and banking solutions to translate into business opportunities.

Structuring design, negotiate, structure, and deliver non-vanilla and bespoke transaction banking solutions to address complex client needs, utilising a range of products from within the bank and external partners. They ensure products are innovative, forward-thinking, in line with market needs and our strategic direction, policies and regulatory frameworks.

Implementation deliver our product and services to clients seamlessly, serving as the key contact points for onboarding and supporting clients. They exercise project and client management support to understand the expectations, strategy and needs of clients in implementing Transaction Banking products and identifying further business opportunities.

Transaction Banking Sales offers a unique opportunity to build the Bank's products and reputation across the markets, while growing the Bank's portfolio. These roles suit individuals, who are curious, able to ask the right questions, and can spot business opportunities.

Eligibility

We welcome students from all degree disciplines and encourage applicants from diverse backgrounds. We are looking for team players with strong academic and extracurricular achievements, agile multi-taskers able to handle pressure, and analytical minds with strong numeracy and attention to detailand enjoyment of fast paced, dynamic environments .Our more technical positions will suit individuals with Computer Science, Engineering, Mathematics, Physics and Statistical proficiency.

You'll be a penultimate year student, able to intern for 10 weeks from June 2025 and start full time employment in July 2026, with the permanent legal right to work in the countryyou'reapplying to.We cannot consider students who require a visa or work authorisation sponsorship to live and work in the US, or will require this in the future.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

  • Do the right thingand are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle,continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Are better together,we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter,we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

  • Core bank funding for retirement savings, medical and life insurance,with flexible and voluntary benefits available in some locations.
  • Time-offincluding annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
  • Flexible workingoptions based around home and office locations, with flexible working patterns.
  • Proactive wellbeing supportthrough Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills,global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
  • A continuous learning cultureto support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
  • Being part of an inclusive and values driven organisation,one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

The expected basic pay for this role is: USD $40 per hour.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers websitewww.sc.com/careers

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www.sc.com/careers

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Intern Transaction Banking US 2025
Standard Chartered
New York, NY
Sep 4, 2024
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