Field/Department:
Finance Department

Description:
NORD/LB started out its North American operations in 1991. In many years of serving clients through its New York Branch, NORD/LB has achieved substantial growth in size and market share, and has developed a wide range of financial product and service offerings for clients in a significant variety of industries.
We are committed to provide our clients with a customer-focused and innovative financial product range, delivering value-added solutions to complex financing problems.
Currently we are looking for an intern in our Finance Department, starting mid December 2018 or January 2, 2019.

Responsibilities:

  • After an initial company orientation the intern will be exposed to all aspects of Nord/LB’s internal controlling and accounting standards: exposure to auditing and inventory review, cost modeling and analysis, planning and budgeting; exposure to accounts payable and receivable, time, billing, invoicing, assets management. American corporate accounting methodologies; American methods of risk analysis, cash-flow analysis, balance-sheet and income statement accounting in the U.S, difference between German and U.S. accounting and reporting: American capital market practices, accounting and reporting standards: American credit products and marketing issues and trading practices; financial planning and analysis, familiarity with general ledger, assistance with capital budgeting and project controlling. And will assist with fixed assets inventory, will compile supporting reports for year end. Other projects may be assigned.
  • By the end of the internship the intern will have gained practical experience American methods/strategies of Finance/Controlling. The intern will gain an improved understanding of the American banking mentality and greater fluency in English as a business language. The intern will learn how internal/external factors interact and contribute to a bank’s growth and productivity. English language, spoken/written, familiarity with the American business mentality the ability to plan/organize, research, analyzed. Multitask and prioritize the ability to manage records, maintain statistics, meet deadlines; skills in stress management problem solving, trouble-shooting; communication/presentation skills, observation and listening skills; the ability to work independently and with self-discipline; team building skills, time management skills; familiarity with in house computer systems.
  • Supervision may include weekly meetings, department briefings, project reports, mentoring with team leader, informal on-the-job meetings, critiques, brain-storming as needed during project work. A final written performance evaluation at the end of the internship will attest to the intern’s work habits, comprehension, creativity, motivation, team spirit, self discipline and attitude.

Language requirement:
Fluent in German

Requirements:
Studies in Finance and/or Business Administration or related field
Internship period 6 months
Proper work authorization to satisfy I-9 requirements

If J-1 Visa is required:
It is the responsibility of the intern to procure and pay for this.
The fees involved in the processing and acceptance of this visa vary by country.
The Bank will not provide medical benefits and the intern should make your their arrangements.
The Bank agrees to reimburse your visa and medical insurance expenses up to a maximum of $500.00

Benefits and Compensation:
Maintenance Allowance: USD $2,500 (gross) per month
Vacation entitlement: one day per month

Start date: December 17, 2018 or January 2, 2019

If you are interested in this position, please forward your resume and cover letter to:

Laura Barcia, Sr. Director & HR Manager at laura.barcia@nordlb.com.

Please include “Your name – name of the position” in the subject line. No phone calls please. We look forward to receiving your application.

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