Experienced Summer Intern – Trade & Supply Chain Finance (MBA, MSc or equiv

at  CDC Group

ABOUT BII

British International Investment is the UK’s development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential.
It won’t be easy: we do the hardest work in the most complex markets. Be prepared to test your skills, get creative and say your piece as you take on high-profile work as part of a diverse team of exceptionally smart, passionate people.
In return, you can take your career to all-new places in a culture that rewards curiosity and collaboration, and balances high performance with wellbeing.
BII at a glance
75 years supporting sustainable business growth in developing and emerging markets
£8.1 billion in net assets
1,400+ businesses invested in
950,000 workers in the businesses we support
£9 billion in new investments planned in the next 5 years
600+ people in our diverse global team

3 KEY DEVELOPMENT OBJECTIVES: PRODUCTIVE | SUSTAINABLE | INCLUSIVE

The Teams
Trade and Supply Chain Finance (TSCF) sit within the Financial Services Group (FSG) at BII. This internship will work across both teams ensuring the successful candidate develops a well-rounded exposure to FSG.
The TSCF team provides trade and supply chain finance across BII markets. This is achieved through FI, Corporate and SME risks using a variety of financing structures. The team takes a holistic approach to value chain financing seeking to participate in all areas of the value chain. Predominantly the team partners with Financial Institutions in BII markets to enter Master Risk Participation Agreements (MRPAs) through which BII is able to take risk on underlying borrowers. The team also provides direct loans to FIs and to Corporates and is currently growing its exposure to SME trade finance. Risk taken is short term (under 1 year) and is monitored and managed continuously by a dedicated portfolio management team.
Responsibilities
Specific responsibilities will be driven by priorities and needs of the team at the time, but are expected to include some or all of the following:

TECHNICAL SKILLS

• Analytical acumen, research, financial modelling skills, and advanced knowledge of Excel
• Basic understanding of the key elements of due diligence, deal selection and investment decision-making
• FI credit analysis skills and ability to analyse an FI’s financial statements and make commercial assessments; strong writing skills in English required.
• Experience of structuring and executing debt transactions and undertaking credit analysis of corporates / financial institutions / structured debt transactions would be an advantage (although not essential)
• Some knowledge of relevant markets and sectors
• Basic commercial insight into the challenges and issues that businesses face in South Asia and Sub-Saharan Africa
• Understanding of emerging market environments and inherent challenges working in these environments
• Strong written and oral presentation skills
• Ability to analyse data, draw conclusions and present ideas
  Candidates should be strongly motivated by BII’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity.
  Our cultural values

We look for team members who aspire, as we do, to work at our best and to be:

• Impact-led, commercially rigorous
• Tenacious in the face of challenges
• Collaborative and caring

British International Investment is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.

Application Process

• Please provide a cover letter with your application, and tell us why you would like to join the Summer Internship at BII, and why you have chosen to apply for this business area / team
• Please apply for one internship only
• Position opened: 28 October 2024
• Position closes: 01 December 2024
• Salary: £65,810 (pro-rated over 8 or 10 weeks)

Please note BII will pay for flights to London for those studying internationally

Please refer the Job description for details