Job description
About Us
ABN AMRO is a Northwest European personal bank in the digital age, with our Head Office based in Amsterdam. Our bank has a diverse history, dating back more than 300 years and is characterised by acquisitions, split-ups and mergers. The current ABN AMRO started in 2010 with the merger with Fortis Bank Nederland, after Fortis, Royal Bank of Scotland and Banco Santander bought ABN AMRO in 2007 and afterwards split up the bank in parts.
Across our offices we have an employee presence of circa. 19,000 people and in the UK, we work alongside 350 of those employees. We are a bank that is committed to playing a serious role in society. Technology helps us to bring banking closer to our clients and what they need. Our areas of focus are inclusion, sustainability, social entrepreneurship, innovation and daily banking. Robust corporate governance is key for us to achieve our strategic ambitions and helps us to support our clients with our banking expertise, reliably and professionally, both in the Netherlands and abroad.
As a bank, we serve clients in the retail, private banking and corporate banking sectors. Within our Northwest European scope, we are also present in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing. Our UK branch is part of the Corporate Banking business line and operates within the following areas:
Corporate and Institutional Banking which includes Corporate Banking, Clearing, Global Markets - Sales & Trading and Financial Institutions- Commercial Clients which includes Asset Based Finance and Transaction Banking Hub, which provides trade finance and transactional banking services
Our Strategy, Core Values and Purpose
What we do (Our Strategy) – We want to be a personal bank in the digital age
How we do this (Our Core Values) – Care, Courage, and Collaboration
The reason why (Our Purpose) – Banking for better, for generations to come
Our core values of Care, Courage and Collaboration shape our culture. We are looking to live these values in everything we do, for our clients and for each other. It is through our values that we connect and that we are able to create an environment where everyone can be themselves. As a result, we enjoy working together, always wanting to stretch ourselves and we’re keen to go that extra mile. We feel embodying this ethos is important in a challenging environment where change is all around us and expectations are high.
Together, these principles foster a culture of working together and permanent learning. It’s only with this mindset that we bring the best in ourselves to deliver a high standard of performance. Our culture is the catalyst for the evolution in which we find ourselves: our people are imaginative, trust each other and do just that little bit extra to help clients.
You can learn more about ABN AMRO via our website.
Our Internship Programme
We are delighted to launch our insightful Summer placements of various lengths across several departments within our London office.
Department Area
Programme Length
Transaction Banking
6 to 7 weeks, commencing mid-June to mid-September
Global Markets
8 to 10 weeks, commencing in June
Process & Controls
3 months, commencing June
Information Technology
6 weeks, commencing in June
Legal
8 to 12 weeks, commencing June/July
Risk
4 weeks, commencing mid-July
Human Resources
8 to 10 weeks, commencing June/July
Compliance
1 to 2 months, commencing in July
What do we offer?
Valuable insight into Financial Services- Opportunity to work in a dynamic, inclusive and flexible environment where you are encouraged to grow and develop
- Collaboration on various activities and meaningful projects that drive towards the bank’s objectives and supports our clients
- Working with a wide range of people with different backgrounds, opinions and ideas
- An environment where you will be challenged on a daily basis to refine your professional and soft skills
- Mentoring by the line manager of the department, who will equally ensure you are sufficiently supported through guidance and any training required
Department and Team Culture
The Monitoring, Controls & Testing team forms part of Compliance and comprises three experienced employees. The team works with the business and functions like Risk, Legal, Finance and HR to ensure that
controls to enable the firm / different business units and support functions are executed and to a high standard and in timely manner, so that the firm meets its regulatory obligations.
These controls range from the on boarding of clients and keeping an eye on their transactions with the firm to our own employees and how and where they conduct themselves.
The team is enthusiastic and eager to work with colleagues in business lines and support functions and make sure the controls are fit for purpose and performed effectively.
What will your responsibilities look like?
The team’s priorities this year are the prevention of financial crime, whether by clients or our own employees, so risks like money laundering, sanctions and tax evasion, fraud and activities that put the integrity of financial markets / welfare of clients at risk.
We are particularly keen to engage an intern to assist with fact finding, for example engaging team managers on how they manage risks like fraud (client and employee), market abuse, and treating customers fairly, and review the materials provided by team managers to evidence adherence with regulations.
What are we looking for?
- Penultimate year undergraduate student (studying a relevant degree) or second/third year apprenticeship student equivalent
- Enthusiastic individuals with contemporary values
- A motivated interest in Financial Services
- Some knowledge of and much interest in financial regulations or basic concepts of regulation
- Ability to communicate clearly and comprehensively with a variety of audiences
- Solid IT skills; proficiency in Word, Excel and PowerPoint
- Ability to develop and maintain good working relationships
- Excellent collaboration skills
- Effective at following instructions
- Enthusiasm / willingness to muck in and curiosity
How to Apply
If you feel that you would be a great candidate, please submit your interest for the placement that best suits your skills, ambitions and availability via the ‘Apply’ button. We understand that you may feel your CV isn’t extensive or wholesomely capture who you are and your skillset, for this reason we would like to hear more about you in a cover letter! Please note that you’ll need to submit this alongside your CV via the portal when prompted.
Successful applicants will be contacted regarding next steps which will involve a selection process consisting of an interview with the department of interest.
For more information, please contact:
Niki Champion
Onsite Recruiter
[email protected]
+44 203 192 9342
Additional Information
Salary Indication: (London Living Wage - £11.95 per hour)
£90 per day, equivalent to £20,430 per annum and £1,702 to £3,405 for duration of placement
Working hours per week
35
Location
Hybrid working arrangement with up to 3 days in office (1 day must be a Tuesday) and the remaining days working from home
Right to Work Requirements
Please note you must be a British National or have an existing UK Right to Work status to apply