Job Description
A great opportunity to work for a leading Banking organisation based in the City of London who are seeking an intern to join the Middle office team to learn the processes and products of the operational functionalities of the London Operations Middle Office team, and thereby assist with the daily duties performed (see below general department purpose).
Business Scope
This team is in charge of Agency and Middle Office functions (hereafter “the Middle Office”), in their interaction with the different departments of the CIB and with the other support functions, notably the financing Front Office (Real Assets, Global Trade, Investment Banking and Alternative Credit Group), Distribution & Portfolio Management, Loan Administration/Back Office, Syndications / Insurance, Credit Risk, Legal Department and Compliance Division.
The Middle Office operates within the COO CIB / Global Banking Operations (GBO) / Financing Operations department.
The Middle Office is involved in three major stages of the lifecycle of financing operations:
* Structuring; Implementation; Monitoring and repayment.
Four of its main duties are:
1. to ensure a role of expertise and technical support to the Front Office;
2. to check that the operations comply with the Banks requirements;
3. to ...