SCIB is looking for a Structured Trade Finance Intern, based in our Frankfurt Office.WHY YOU SHOULD CONSIDER THIS OPPORTUNITYAt Santander CIB (www.santandercib.com) we are key players in the transformation of the financial sector. Do you want to join us?Santander Corporate & Investment Banking (Santander CIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customized services and value-added wholesale products to best meet their needs.We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.Santander is proud of being an organization where there are equal opportunities regardless of gender identity, culture, and disability. Our mission is to contribute to help more people and business prosper.THE DEPARTMENTThe complexities of trade require simple, powerful solutions. As a leading trade finance bank with over 150 years of experience, Santander understands international trade.Through our global presence, deep knowledge of local markets and award-winning products, our Trade Finance team helps customers to manage trade flows, optimize working capital and strengthen the relationship of buyers and suppliers.The area of Structured Trade Finance is specialized in specialized and complex forms of financings to facilitate international trade, particularly those involving the exchange of goods or commodities. Structured Trade is crucial to promote international trade by providing financing and risk mitigation tools, such that businesses may engage incross-border transactions with confidence, knowing that the financing structure is tailored to address these complexities and uncertainties inherent in global trade.Our solutions aim to tackle strategic needs of our clients, leveraging on trade flows via mainly four products (i) Export Prepayments (ii) Structured PXFs (iii) Borrowing Bases and (iv) Inventory Finance, (v) Contract Monetization, and (vi) Aircraft Pre-Delivery Payments, but also out-of-the-box solutions. Our offering is tied to the real economy, and whileour sweet spot has always been the commodities space, the strategy is to diversify into other sectors, and speciallysupport the delivery of the green transition/ambition. The team is pursuing a transformational approach, with already proven track record, of applying structured trade solutions to finance C-suite business decisions: acquisitions,CAPEX investments, securing strategic sourcing, deliver the energy transition.WHAT YOU WILL BE DOINGAs a Structured Trade Finance Intern, you will have the possibility to develop a sophisticated set of skills in the Structured Trade Finance offering: * Complete understanding and proficiency our SCIB’s STF toolkit, and how our solution would support a key need of our clients, such as helping to secure the access to a key supply (i.e., microchips, cobalt, copper) and obtained enhanced commercial terms. * Understand the accountancy treatment of our products and its balance sheet implications for the client. * Comprehend how client’s think and operate and what are their priorities. * The interaction with all the European, but also other Santander geographies will create a global view of the business, and specially, opportunities.We need someone like you to help us in different fronts: * Support the origination and execution of structured trade transactions across Europe: the role would have daily interaction with the Trade Sales team across Europe (UK, Spain, Portugal, France, Germany, Italy and Poland), but also with LatAm and Asia being cross-border transactions by nature. * Assist in the preparation of marketing material for client meetings and run pricing models and credit applications for identified opportunities * Perform detailed due diligence of the underlying transactions (i.e., analysis of oil reserves, offtakes contracts, annual reports, etc) and come up with ideas to enhance the structure of a proposed transaction * Support the legal negotiation and documentation phase jointly with the global team and external & internal lawyers * Develop specialized sector expertise, being a key aspect to proposed new ideas and gain client trust * Being a small team, the candidate will have close interaction to senior stakeholders in GTB, BCF and CreditYou would also have the chance to interact with different stakeholders of our clients: from Treasury, to Trading and Procurement.EXPERIENCE * First work experience gained (preferably in activities related to Corporate and Investment Banking) or a sound passion for financial concepts as well as strategic thinking.EDUCATION * Diversity of studies: degree on Economics and Finance, but also Engineering (due to the connection to real economy) and Law (noting the detailed legal negotiation).SKILLS & KNOWLEDGE * Knowledge of trade and commodity finance would be positive value. * Proficiency in Microsoft Office tools (Excel and Power Point). * Highly proficient in spoken and written English. Knowledge of other languages (German, Italian, French, Spanish) would be positive valued, considering the interaction with European teams.Our internships last preferably six months. The precise period will be arranged individually. Please attach a copy of your supporting documentation in English and indicate your availability. Applicants who are not available during the specified period will not be considered.If you are a non-EU citizen, please include a scan of your visa and work permit for Germany to your application documents.