Trainee Trade Finance Operations (m/f/diverse)

Posted 4 Days Ago
Be an Early Applicant
Madrid, Comunidad de Madrid, ESP
In-Office
Entry level
Financial Services
The Role
Supports Trade Finance Operations for Spanish corporate clients, including processing documentary and guarantee transactions, entering data into systems, verifying client and bank communications, managing documents, meeting regulatory requirements, and supporting AML and counter-terrorist financing controls. The trainee works closely with Trade Finance specialists, sales teams, and relationship managers while developing knowledge of banking products and import-export activities.
Summary Generated by Built In

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.

Skills Required

  • Completed a Bachelor's or Master's degree in Economics or another relevant discipline at a Spanish university or vocational training center within the last 12 months
  • No previous relevant full-time work experience
  • Analytical and organizational skills
  • Deep understanding of the banking industry
  • Teamwork skills and willingness to work in an international environment
  • Proficiency with Microsoft Office, especially Excel and PowerPoint
  • Genuine interest in Artificial Intelligence and practical banking applications
  • Fluency in Spanish and English
  • German language skills
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Frankfurt am Main
337 Employees
Year Founded: 1870

What We Do

Commerzbank AG – Poland is the Polish presence of Commerzbank, an international commercial bank serving private and corporate clients with a broad range of financial services. Its Digital Technology Centre in Łódź develops and manages applications that digitise business processes and undertakes analytical and programming work in advanced risk and capital management. Teams include IT specialists, quants and data analysts, contributing to the bank’s digital transformation.

Similar Jobs

Takeda Logo Takeda

Commercial Finance Lead OBU - Italy & Spain

Healthtech • Software • Analytics • Biotech • Pharmaceutical • Manufacturing
Hybrid
Madrid, Comunidad de Madrid, ESP
50000 Employees
76K-104K Annually

Adyen Logo Adyen

Platform Engineer

Fintech • Payments • Financial Services
Easy Apply
Hybrid
2 Locations
4771 Employees

Hilton Logo Hilton

Front Office Intern

Events • Food • Travel • Hospitality • Hotels & Resorts
In-Office
Madrid, Comunidad de Madrid, ESP
500000 Employees

Mastercard Logo Mastercard

Manager, Account Management and Business Development B2B Travel

Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
Hybrid
Madrid, Comunidad de Madrid, ESP
38800 Employees

Similar Companies Hiring

Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees
Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account