Internship for Wealth Management

Singapore Wealth Management operates within the auspices of ENBD Singapore branch. The business offers Private Banking, Priority Banking and Business Banking clients of ENBD an opportunity to diversify safekeeping and custody of their wealth into a different jurisdiction from the UAE. It also enables these clients to benefit from the robust regulatory regime as well as world class offshore wealth management infrastructure available in Singapore.

In addition to delivering operating revenue budgets, the Singapore WM business is closely engaged in onboarding new clients as well as catering to the banking, investments and credit needs of these clients to a high standard of service.

Job Purpose

Emirates NBD PJSC Singapore branch conducts both a Corporate & Investment banking business as well as a Wealth management business.

The Wealth Management business is on the cusp of a transition from serving as a coverage unit for the group’s private banking clients to being positioned for development of a Best-in-Class segment agnostic Wealth Management platform.

As a result of this transition and the pursuant kick of several business initiatives, several internship opportunities have arisen. During the internship period, the selected candidate will be exposed to various areas within the Wealth Management team. A senior staff will be assigned as the mentor to the selected candidate.

Key Responsibilities

• Assist the Client Service teams on the various administrative matters within Wealth management.
• Assist the Business Management team on various business growth initiatives, as well as preparing various business review and strategy decks to internal stakeholders.
• An opportunity to learn the technicalities of how to use Bloomberg.
• Provide basic support to wealth advisors and credit support, advising the current positions of client’s account, loan positions and rebalancing of client’s portfolio.

Opportunities & Exposure

• Understand the wealth management needs of private banking, priority banking and business banking client segments of the group.
• Understand products and investment solutions within the bounds of wealth management including the use and impact of leverage (loans).
• Outside of wealth management, there will also be exposure to upstream/downstream departments such as Credit, Treasury, Compliance, and Risk functions as well.

Projects

• Certain work ownership and responsibilities will also be provided such as mini projects to streamline processes of the Bank.

Job Requirements

• Currently pursuing at least a Bachelor's Degree.
• Proficient in MS Excel, MS Word, MS PowerPoint.
• Positive attitude.
• Able to demonstrate keenness in acquiring new knowledge and work under short turnaround time.
• Must be able to commit to Internship period of 6 months (full-time).
• Please state clearly the internship period / dates that you are available in your CV.