Total 12 job vacancies by Commerzbank Aktiengesellschaft

Job purpose:

• Full Time 12 months internship position (Dec 2024/Jan 2025 opening)
• Support mainly Capital Markets and Lending business in Singapore and Asia region.

Key activities:

• Assist business management in daily “run the bank” activities and management of issues surrounding ongoing business (eg. manual checking of trades vs. the Restriction/KYC List (Whirlpool), weekly management reports etc)
• Identifying and assessing profitable business opportunities in the region; quantifying resource requirements, implementing business plans and change initiatives
• To develop basic knowledge of the bank’s products such as –Fixed Income & Currencies, Commodities, Money Markets, Syndicated Finance, and Loans
• Support business development by undertaking research and analysis on the markets in Asia
• Develop understanding of products suitable for each target country / market in Asia, together with the regulatory challenges and constraints (eg. keeping the CM Asia and Singapore from the New Product Process list up to date, helping to minutes in the monthly Asia OpCo meeting with senior managements in Asia)
• Develop understanding key business drivers of the various business area, application of this knowledge to align own activities
• Assist in preparation of financial analysis to support strategic decisions by the business
• Assist in coordinating business-related projects, ensuring objectives are delivered
• Assist in the development of new processes, systems and procedures to meet changing business requirements
• Develop understanding to actively response to and identification of internal client requests (eg. providing support to gather data for regulatory reporting)
• Develop understanding to identify problems and all relevant issues in simple situations; development of possible solutions and their evaluation using standard procedures
• Lean to organisation and prioritization of own work, to deliver against agreed targets and deadlines
• Provide support to senior staff as directed, or ah-hoc support wherever required
• Initiates action to further improve skills and performance
• Play an active role in understanding an embracing the compliance culture of Commerzbank
• Adhere to the client governance policies and procedures and related Compliance tasks within the first line of defense concept of the bank
• To adhere to all relevant regulatory and compliance requirements

Formal education:

University degree or better – students/graduates from any school/course

Specialist knowledge (work experience, further qualification):

• Available to work full time
• No prior experience needed
• Have an interest in working with people in the financial markets
• Demonstrate an exceptional degree of initiative
• Able to deliver in high pressure and results-orientated environment
• A good level of computer literacy, including Excel and Powerpoint
• Fluent in English
• Singaporeans and Singaporean PRs preferred

Job purpose:

• Daily Market Risk and PnL reporting and Analysis of Financial Mkts business (Structured Credit Derivatives, FX activities) and Treasury in Singapore
• Daily Liquidity Risk reporting and analysis for the Asian local branches

Key activities:

• Daily Data quality checks
• Daily Reporting process production (Desk Mandate checks, Trader sign-off follow-up)
• Validation and analysis of provided risk and P&L data.
• Ensure the timely production and delivery of reports that show the risks against their limits, in particular VaR, P&L and stress tests as well as other relevant exposures. Escalate limit breaches.
• Provide P&L explanation and attribution as well as investigation on P&L issues raised by the traders and local management.
• Support the local GRM-RC Asia team to develop excel/access/VBA tools for automation when needed.

Formal education:

• Bachelor / Master (at least end of second year)
• Major: Mathematics/Physics/Finance/Computer Science

Specialist knowledge (work experience, further qualification):

• Financial products and Economics modules
• Analytical and communication skills
• Good knowledge of Excel/VBA and/or SQL is a plus
• Fluency in English

Job purpose:

An exciting opportunity to gain broad experience across a range of Trade Finance and Cash Management areas. Develop a skill set as a foundation for a Transaction Banking career. Depending on business requirements, and candidate performance during rotations / projects in these 3 areas:

(i) Strategy and Business Management

Support the Head of Trade Finance and Cash Management Singapore in the development, implementation and controlling of the business strategy for Singapore.

Develop a view of the business, and an understanding of market, client, and regulatory trends.

(ii) Sales

Support of Sales Specialists in the overall communication with the customer and stakeholders within the organisation.

Assistance to Sales Specialists in preparation of client meetings by compiling internet research on customer and information from internal systems e.g., prepare Terms & Conditions, presentations / pitch decks.

Support in customer meetings, producing minutes and helping with any follow-up.

Independent organization and support in preparation of internal and external events and meetings.

Support the Head in planning, strategizing, implementation, execution, and reporting tasks.

Key activities:

Sales

• Supporting the sales team within the sales process, e.g., research and compilation of market, competitor, and potential analysis as well as product information (in complex cases).
• Independently solving of customer requests in taking the bank’s economical requirements, rules and regulations as well as compliance related tasks into consideration.
• Coordination of customer appointments with existing and potential corporate customers upon request of the sales team.
• Supporting marketing initiatives and customer events together with the sales team.
• Assisting the sales team in processing trade finance and cash management transactions for customers.
• Monitor clients’ business and operations at all levels on a timely and ongoing basis to ensure business opportunities are followed up and for thorough credit and financial crime risk monitoring.
• Uploading, maintaining and finalizing pipeline inputs and acknowledging market trends.

Formal education:

• Recent graduates with not more than 1 year of professional work experience (excluding internships)
• Bachelor’s Degree in Business Finance/Social Science with GPA 3.5/5 & 3.2/4.
• Proof of other adequate qualification

Description of specifications with regards to work profiles

• Willingness to learn, be part of a dynamic team and make an impact and achieve results
• Proactive & self-initiated quick learner, able to adapt quickly
• Team player & good interpersonal skills
• Strong sense of responsibility & integrity
• Client centric & service oriented
• Ability to work under pressure & deliver high quality output
• Meticulous & Strong communicator

Job purpose:

Interest Rates, Currencies & Commodities Trading (IRCCT) is one of the principal divisions of Corporate Clients, acting as a counterpart for business lines across the Bank. The candidate will assist the Commodities Trading team in Asia as Trader support and in the team’s strategy in building a profitable client orientated business.

Key activities:

• To set up client requests on internal systems
• To assist traders in booking of trades, tracking of positions, PnL attribution
• To act in accordance with the Commodities Market Risk strategy and framework
• To deal effectively with day to day activities, to act in a professional manner and with propriety at all times, to escalate to senior management as appropriate.
• To know and keep updated of the rules and regulations of the markets and exchanges in which you assist in the trade
• To adhere to all relevant regulatory and compliance requirements
• Provide other ad-hoc support where required as assigned by the bank

Formal education:

• University graduate
• Must have the right to work in Singapore
• Recent graduates with not more than 1 year of professional work experience (excluding internships)

Specialist knowledge (work experience, further qualification):

• Analytical Skills
• Decision-making skills
• Entrepreneurial orientation
• Sales orientation
• Cooperation

Job purpose:

The Intern program is designed to facilitate the applicant to gain a broad experience in the Cluster Supply Organisation where business specialists, business experts, engineer specialists, engineers and product owners work together as a team. The agile methods support the team members in performing their functions by facilitating a rapid and flexible response to changing conditions and customer needs through an iterative approach and the continual development of new solutions. This approach is intended to bring about better products, higher quality, more efficient processes, and higher implementation speeds. The team works together to ensure that valuable functionalities are provided to customers and that existing products, processes and services are developed and improved in line with customer needs.

To achieve this, the team members organise their own activities, working autonomously and with full accountability. To that end, they are granted responsibility for all processes and systems needed for the products, processes, and services for which they are accountable. Open communications among the team members ensure regular and timely feedback. This enables the team to adopt a "fail fast" approach – i.e. the rapid recognition and correction of mistakes, which permits a quick reaction to changing conditions and customer needs by means of iterative procedures.

The role has both a technical and operational focus and acts in the capacity of a cell member. He / She has an agile and digital mind-set, and continually adapts it to changing requirements. He / She is deployed where his/her knowledge and experience are needed, and therefore demonstrates flexibility with regards assignments in various cells and chapters, even across cluster boundaries.

Key activities:

• Working in a cross-functional team to be able to perform all tasks required to deliver the relevant products, services, processes and systems
• Product portfolio management and steering, implementation and ongoing development of one or more products, services, processes and/or systems across the entire life cycle in a team, taking quality standards into account
• Preparing and implementing digital strategies, ensuring the core infrastructure of products, services, processes, and systems; full commitment to innovative technologies; establishment and expansion of the use of digital channels
• Acquisition, ongoing development and transfer of operational / process-related/IT knowledge on assigned issues
• Application and ongoing development of the necessary skills to set up new, future-ready digital architectures
• Concept design and implementation of agile quality assurance and risk management
• Customer and interface management, including needs analysis, advice and support for central functions and clusters with regard to assigned issues
• Ensuring that internal and external standards are met, in particular with regard to regulatory issues, reporting, compliance and auditing in the context of assigned issues and applying best practices
• Operation, support, and maintenance of infrastructure, including performant support for relevant systems, data updates, reporting and user authorisation management
• Compliance with security standards and ensuring stable operations regarding products, services, processes and systems
• Testing activities
• Production and maintenance of documentation, including specifications and operational categories

Formal education:

Skills and Qualifications

• Recent graduates with not more than 1 year of professional work experience (excluding internships)
• Bachelor's or Master's degree in Computer Science or a related field.

Specialist knowledge (work experience, further qualification):

• Knowledge of programming languages and or some coding skills beneficial

Description of specifications with regards to work profiles

• Willingness to learn, be part of a dynamic team and make an impact!
• Proactive & self-initiated
• Strong desire to learn
• Ability to learn & adapt quickly, and work independently or as part of a team
• Highly motivated to achieve results
• Team player
• Strong sense of responsibility & integrity
• Client centric & service oriented
• Ability to work under pressure & deliver high quality output
• Meticulous
• Good interpersonal skills
• Strong communicator
• Good verbal and written English communication skills

Job purpose:

• Full time 12 months internship position
• Support COO Asia Office with a focus on internal/employee communications, events and department administration

Key activities:

Primary activities:

• Management of COO Asia Office SharePoints and Comnet (intranet) pages.
• Drafting of internal and employee articles for Asia for multi-channel delivery on intranet, SharePoints and other delivery channels where appropriate.
• Develop digital assets such as employee testimony video statements and produce videos for internal communication channels promoting the franchise in Asia.
• Provide communications support for regional employee communications initiatives such as Singapore Corporate & Social Responsibility Council.
• Coordinate and support complex VC and conference call logistics for internal events like regional town halls and staff teach-ins (masterclasses, Lunch & Learn) regionally.
• Support Events lead for the region in virtual and onsite client / staff events; end-to-end event management as required.
• Assist COO Asia Office in general administrative tasks where required.

Secondary activities:

• Support Regional Board Member Asia Office and Divisional Board Member Office (Frankfurt) as directed and provide ad-hoc support where required.

Formal education:

• University graduate

Specialist knowledge (work experience, further qualification):

• English native speaker with excellent writing and elocution skills.
• Knowledge of SharePoint is mandatory.
• Advanced proficiency in MS Office is mandatory: Excel, Word and PowerPoint.
• Basic proficiency in video production software is an advantage.
• Conversational Mandarin or German is an advantage but not essential.
• Basic understanding of the financial markets and regulations, in particular Europe and Asia is an advantage but not essential.
• Able to demonstrate an exceptional degree of initiative, international exposure, high EQ and situational awareness, a team player who also knows how to work independently.
• Singaporeans and Singaporean PRs preferred

Description of specifications with regards to work profiles (if available)

• Recent graduates with not more than 1 year of professional work experience (excluding internships)

Job purpose:

We are looking for someone to support the Relationships Managers and the Associates on daily operational and administrative matters in Corporate Banking, which includes but not limited to: desktop research, reporting, new transactions, KYC/AML (new client onboarding and existing client rolling review), preparation of internal and external presentations, maintenance of client information system, and any other ad-hoc requirements from the Relationship Managers.

We are looking for someone who is resourceful; and have certain ability to anticipate what might be required on certain task given. The individual is also expected to exhibit an inquisitive mindset and to show the ability to interact with colleagues.

Compliance relevant:

Compliance / Regulatory

• Adherence to the bank's governance policies and procedures and related Compliance tasks within the 1st Line of Defence concept of the bank.
• Autonomously stay informed about compliance and regulatory requirements applicable to Relationship Management department.
• Acting in line with the Code of Conduct and ComWerte and especially uphold the Culture of Integrity at all times.

Formal education:

• Bachelor Degree or Candidate of Bachelor Degree
• Fundamental knowledge in Banking, Finance and/or Accounting is preferred
• Microsoft Office (Word, Excel, PowerPoint, Outlook, Teams) proficiency is required

Specialist knowledge (work experience, further qualification):

• · Fluent in English (mandatory), and
• · Fluent in German (preferred but not mandatory), or
• · Fluent in Korean (preferred but not mandatory), or
• · Fluent in Mandarin (preferred but not mandatory)

Job purpose:

An exciting opportunity to gain broad experience on managing a range of Trade Finance Products including Working Capital solutions. Develop a skill set as a foundation for a career in Trade Finance Back Office, Middle Office, and Trade Sales. Depending on business requirements, and candidate performance in the following areas:

(i) Operations

Processing of the trade finance business for customers, including client and stakeholder communication.

Ensuring compliance with first line of defence responsibilities.

Key activities:

• Support the operation team on the end-to-end process in handling Documentary Credit and/or Guarantee transactions, Working Capital Solutions transactions including pre-processing & post- processing tasks.
• Providing process-oriented advice to Customers with due consideration given to their specific needs and the bank’s operational requirements.
• Support Senior Trade specialist in performing 2nd level control (internal) on transactions executed to ensure transactions completed in adherence to Global Procedures and/or Internal Guidelines
• Support Local Head in reviewing and/or updating Internal /Global procedures/guidelines whenever required.
• Support Local Head on any adhoc topic/initiative/project.

Formal education:

• Relevant bachelor’s degree or diploma
• Not more than 1 year working experience

Job purpose:

The eFX Technology Team is responsible for architecture, design and development of Commerzbank’s eFX trading platform. This could involve building bespoke trading and pricing platforms a well as distribution to external clients. The team is highly competent and technically adept on low latency and high performance computing.

The candidate will work closely with technology team, both to participate in new developments to deliver business initiatives and to support our existing application. The business is ever changing and demands an agile development culture.

Ultimately, the role of the Software Engineer is to build high-quality, innovative and fully performing software that complies with the banks coding standards and technical design.

Key activities:

• Programming, Testing and debugging applications

• Create documentation

• Support production system by researching, investigating and fixing technical issues.

• Support team during releases

• Collaborate/Peer programming with team members on day to day basis

• Communicate blockers and important issues with team

• Participate in design and planning of business requirements

Formal education:

• Bachelor's Degree in Computer Science, Software Engineering or related area
• Experience with at least one high level programming language
• Strong communication and presentation skills
• Self-motivated and results-oriented
• Ability to interact with cross-functional teams
• Strong problem-solving abilities
• Highly developed analytical and organizational skills
• Ability to work in a fast-paced environment
• Recent graduates with not more than 1 year of professional work experience (excluding internships)
• Must have the right to work in Singapore

Job purpose:

• The role is part of the Local Regulatory Reporting team ensuring that we meet all the local reporting requirements to various regulators in Singapore. That includes local statutory reporting for Singapore entities.
• To act as the key contact for the local financial reporting of the entities located in Singapore both internally and towards the regulators
• To closely liaise with local Finance team to both understand the financials and update the local team of any developments and issues arising from own area of responsibility
• To actively work on and drive Finance-related projects and to coordinate efforts within the region on over-arching projects
• To assist the department in meeting its overall objectives and to contribute ideas to meet the requirements of the Finance Department
• To ensure regional data integrity of Finance data by defining and communicating accounts statics
• Any other GM-F related topics as assigned by the Head of Finance
• To be fit and proper and act with integrity in accordance with the Bank’s Code of Conduct

Key activities:

• Responsible for the quality, quantity and timeliness of all Local Regulatory and Statutory Reporting for the Singapore entities
• To provide accounting related advice and support to the business units through the diagnosis of financial issues and the proposal of solutions
• Act as the main contact for the entities under own responsibility for monthly reporting, liaison with MAS, internal and external auditors and other departments where appropriate.
• Performing regular analysis of movements within the entities under responsibility
• Regional coordinator for local reporting application and report writing tool; constantly enhancing reporting functionalities by using and proactively drive upgrading of existing application
• To prepare and coordinate daily monitoring of various regulatory limits and ratios
• Work closely with other areas of the department to provide additional ad hoc reports
• Take active role in departmental projects as they arise
• Key to performing this role is an ability to work both independently to meet the local reporting deadlines and alongside team members to meet the additional responsibilities. Further, good communication skills are required, both verbal and written, for interaction with key stakeholders such as MAS, ACRA, internal and external auditors and other departments
• To ensure that global policies and local regulations are adhered to at all times and are kept up to date with any developments in the business

Formal education:

Degree Holder (or equivalent)

Specialist knowledge (work experience, further qualification):

• Experience in Accounting and Finance
• Knowledge of IFRS and SFRS. Knowledge of German GAAP HGB (preferred)
• Attention to detail and accuracy
• Good analytical skills
• Good communication skills both written and verbal
• Process orientated with ability to analyse and recommend / drive improvements
• Service orientated to key clients and stakeholders
• Able to work with minimum supervision and under time pressure with tight deadlines
• Proficient in MS Office applications, SSRS and SAP knowledge beneficial
• Proficient in MAS reporting requirements for holders of various kinds of banking licences (Preferred)
• Familiarity with Axiom Controller View (ACV) (preferred)

Job purpose:

• The Structured Solutions desk is a global team within Group Treasury, that engages in the full suite of credit related products and providing asset and liability management solutions to our clients (yield enhancement solutions, risk management strategies, financing structures as well as delivering balance sheet optimization etc).
• Although the role will be based in Singapore, the team's focus includes not only business activities in Asia but, since the team is Global, also which covers other regions such as Middle East & Africa.
• Structured Solutions is currently seeking an Intern to join the desk on a full-time basis for 12 months.
• The successful candidate will be responsible for supporting the Sales team and Trading team on a day-to-day basis, given the necessary training, opportunities to interact/work with traders and work on structuring/trading ideas.
• Responsibilities may also include reports generation, presentations preparation, trade inputs, gathering market information and others.

Key activities:

• Take responsibility to provide necessary support to the senior staffs as directed.
• Initiate action to further improve skills and performance.
• Provide other ad-hoc support where required.
• To adhere to all relevant regulatory and compliance requirements.

Formal education:

• Students from top tier universities with or working towards a Master’s degree. Students from Business, Engineering & Science (Mathematics, Physics) preferred.

Specialist knowledge (work experience, further qualification):

• Any similar previous experience(s) will be a plus
• Notion on financial and pricing theory will be an advantage
• Ability to handle fast-paced environments
• Team player
• Excellent user of Excel, Word and PowerPoint
• Fluent in both written and spoken English; a foreign language (for e.g. Mandarin, Japanese, Korean, etc.) will be advantage

Job purpose:

Interest Rates, Currencies & Commodities Trading (IRCCT) is one of the principal divisions of Corporate Clients, acting as a counterpart for business lines across the Bank. The candidate will assist the Commodities Trading team in Asia as Trader support and in the team’s strategy in building a profitable client orientated business.

Key activities:

• To set up client requests on internal systems
• To assist traders in booking of trades, tracking of positions, PnL attribution
• To act in accordance with the Commodities Market Risk strategy and framework
• To deal effectively with day to day activities, to act in a professional manner and with propriety at all times, to escalate to senior management as appropriate.
• To know and keep updated of the rules and regulations of the markets and exchanges in which you assist in the trade
• To adhere to all relevant regulatory and compliance requirements
• Provide other ad-hoc support where required as assigned by the bank

Formal education:

University graduate with Minimum Second Upper

Specialist knowledge (work experience, further qualification):

• Analytical Skills
• Decision-making skills
• Entrepreneurial orientation
• Sales orientation
• Cooperation