Are you envisioning a future in banking or trading? Ready to apply your university knowledge in a practical setting? Eager to gain hands-on experience in your dream role? Look no further—this internship offers the perfect opportunity for you to delve into the fundamentals of trading documents.

Internship Overview: Our Trade Finance Services Department seeks a proactive, detail-oriented, and ambitious intern to join our team. You'll thrive in a supportive environment that fosters personal growth and values initiative.

What You'll Gain: This internship offers a comprehensive learning experience that will empower you to develop essential skills in researching, questioning, gathering, analyzing, and documenting information from our bank's business clients. You will also enhance your understanding of application management processes and their critical role in the financial industry.

• Understanding the purpose and contents of Letters of Credit, standby LCs, and bank guarantees.
• Handling import and export letters of credit, standby LCs, and bank guarantees—advising, issuing, and amending them.
• Scrutinizing documents presented under import and export LCs, addressing discrepancies, if any.
• Processing various types of LCs—back-to-back, transferable, and revolving—alongside incoming and outgoing assignments.
• Managing incoming and outgoing documents under documentary collection.
• Overseeing invoicing and monitoring fees for standby LCs, import and export LCs, collections, and guarantees.
• Facilitating payments, managing related messages, and conducting investigations for risk release and file closure purposes in trade finance products.
• Ensuring compliance with industry standards (UCP600, ISP98, ISBP, URDG 758) for clients, LCs, and documents.
• Adhering to the bank's compliance policies and taking necessary actions.

Key Competencies We Value:

We are seeking interns who embody the following competencies:

• A commercial mindset and logical thinking.
• Results-oriented individuals dedicated to self-improvement.
• Curiosity, open-mindedness, and a passion for the finance industry.
• The ability to manage multiple tasks and meet tight deadlines with ease.
• Proactive problem-solving and the capacity to collaborate effectively.
• Creative thinking to thrive in a fast-changing, complex environment.
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Skills and Qualifications:‍

Our ideal candidate possesses the following attributes:

• Strong written and verbal communication skills for effective interaction.
• Effective time management abilities to excel in a fast-paced environment.
• Meticulous attention to detail to ensure accuracy in all tasks.
• Proficiency in multiple languages, a plus in our global context.
• Basic data analysis skills and the ability to draw meaningful insights.
• Presentation skills to convey project findings and recommendations effectively.
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Education:

• Pursuing a degree in Business Administration, Finance, or Economics

What we offer:

• Full/part time internship for a period of 6-9 months
• We offer you an environment where you can accelerate your learning curve at a reputable mid-size bank in The Netherlands, part of a global Bank BBVA.
  
• Becoming part of a dynamic team in an international working environment.
• Learning library of Garanti BBVA International
• Monthly meetings with fellow interns and company leaders
• Internship gratification of €650, -
• Compensation Travel Costs
• Internet costs €45, - per month

Our organization:
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Work at Garanti BBVA International
Garanti BBVA International (“GBI”) is a mid-sized European bank established in Amsterdam, the Netherlands since 1990 and serves to corporate and institutional and retail clientele. GBI is a wholly owned subsidiary of Turkiye Garanti Bankasi A.S. (Garanti) and has presence in Germany, Switzerland and Turkey. Our ultimate parent is BBVA. Aa dynamic “global boutique” bank, Garanti BBVA International offers fast, accurate, innovative, tailor-made and country-specific financial solutions in selected business lines though highly skilled and diverse talent management. We embrace creativity, are centered towards teamwork and oriented to create multicultural environment as we believe this to be a crucial element. Our vision is future-oriented and as a one big team GBI strives for corporate excellence and goal achievement. By joining our organization, you will find yourself constantly challenged and must be prone to apply out-of-the box thinking.

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