Corporate Finance Intern

Type:

Internships

Description

We are expanding our team in Amsterdam!

We are looking for a fluent Dutch speaking Corporate Finance intern, for a 6 months paid internship, starting date: from May 2022

Why work at October?

October (www.october.eu) is a leading European data-driven FinTech company. Our mission is to finance businesses better. We change the way SMEs finance themselves, reduce their dependency on banks and deliver faster and better value than traditional players. We are passionate about making SMEs grow and have provided hundreds of millions of euros to thousands of European companies.

With October Connect, October is now bringing its digital lending expertise to financial institutions to better monitor their portfolio performance and enrich their risk analysis.

Our team currently consists of 100+ people in Paris, Madrid, Milan, Amsterdam and Munich. And we have the ambition of recruiting 50 more by 2022.

At October we believe that a great culture is fundamental to our success and therefore we put a strong emphasis on our company values.

What you will be doing

As a Corporate Finance intern, you are a full member of the team. Your role is to analyse companies on all aspects; from the study of the company’s financials to the analysis of its management, strategy, market trends, environment and its industry and sector.

The information compiled in form of a report at the end of the analysis, enables the investment managers to make informed investment decisions on funds entrusted to them. This is an exceptional chance to join an extremely high growth start-up company at an early stage.

Under the responsibility of the Head of Sales and the Senior Credit Analyst and/or the Credit Risk Director you will be trained to quickly become autonomous and be responsible for the underwriting analysis and portfolio monitoring of SMEs:

Origination of financing requests including taking up and maintaining direct contact with clients.
Assessment of the borrowers’ credit risk through analysis of the financial information, compilation of market information, review of financial and legal audits, client interviews and compliance checks.
Credit underwriting (after approval of the credit committee): preparation of the project description for publication and key figures, implementation of documentation.
Outstanding monitoring (execution of post closings operations, archiving, reporting, implementation of statistical tools, etc.).
Development, improvement and innovation of financing products and existing processes/tools using October’s technology and data modelling.
Financial data market watch and research using specialized sources of financial information.

Your Benefits

You will have the opportunity to contribute your ideas, show initiative and help us finance the real economy.
You will learn to independently analyze and assess SME companies, risk modelling and credit underwriting
Extensive exposure to the day-to-day business of October, with a large variety in type of loan requests, clients, business models and sectors.
Frequent interaction with clients towards the end of the internship
Working in a small team, you will have the opportunity to learn about all aspects of modern SME financing and technology, including sales, operations, data analytics, distressed debt, legal aspects, and even IT development.
A dynamic and multicultural working environment
And of course, a fun team to be part of!

Profile

The required essentials

Academic students with above average results and in the final phase of your bachelors or master. Preferably a financial economic study.
Have a demonstrated interest in corporate finance; being able to read a company Balance Sheet and P&L, good knowledge of Corporate finance
Academic Finance, Accounting and Economics courses completed at university
Good ability to translate complex analytical outputs into clear, simple and actionable stories
Good communication (oral and written) skills
Good energy level and stamina
You are curious, eager to learn, got a good sense of responsibility, you are determined and committed
Hands-on, results-oriented approach to business with a "can-do" attitude.
You have the ability to operate independently and work in a team-oriented and fast paced environment with a digital mindse

Application Procedure

How to apply

If you feel like you’re the perfect addition to our Amsterdam team, please send your CV and motivation letter in English via BambooHR (https://october.bamboohr.com/jobs/view.php?id=230)

Processing of your personal data

Your application data will be treated according to our Data Protection Policy

Preference for bachelor or master student:

Bachelor students

Starts:

May

Length:

6 months

Occupation:

Fulltime

Language:

Dutch

Compensation:

paid

Apply Before:

31/08/2023