Applications for this job are now closed
We believe our internships offer a fantastic platform to shape your future career. The Summer Internship Programme is run yearly in multiple functions and regions across ICBCS. Our intern programme offers centrally run events to enhance networking, training opport0unities and career support. For more information about ICBCS and our Summer Internship Programme please visit our Careers Site.
The deadline for submitting your CV for the 2025 Summer Internship Programme is 9am on Monday 10th February 2025.
Duration
The Internship Programme will run for a period of 12 weeks (Monday 16th June to the Friday 5th September). Please ensure you can fully commit to this timeframe.
About the job
The CMU function plays an integral part in the governance of client and instrument data management to support the various front-to-back processes of the Bank. CMU consists of Client On-Boarding/KYC, Referential Data and Data Governance, and Third Party Risk Management.
The Referential Data function manages all aspects of legal entity and instrument data lifecycle management and controls. The unit is responsible for ensuring that all reference and operational data is made available to support business needs, in the most efficient way possible and with the highest levels of data quality.
The Third Party Risk Management function is responsible for the governance and risk management controls in relation to the vendors and service providers the Bank uses to conduct its business. To address the risks of a constantly evolving external risk environment ICBCS has put in place policies and procedures to evaluate and mitigate operational resilience risks linked to third parties.
The CMU function can offer two opportunities for the rightly motivated candidates:
A role within the Referential Data team: responsibilities include ensuring the accurate and timely set up of legal entity and/or instrument/product reference data. The function spans all lines of business, supporting the referential data requirements of both Global Markets and Commodities.
The candidate will learn about the products and instruments ICBCS offers to its clients, and become familiar with the way data flows across the Bank's ecosystem.
A role within the Third Party Risk Management team: responsibilities including ensuring any new vendor or service provider wanting to work with ICBCS has been assessed and corresponding controls are in place. Once the relationship has been established the TPRM team will also have responsibility for monitoring the performance of the supplier and escalating any issues or changed to the supplier's risk profile.
Key responsibilities
- Timely and accurate set up of instrument reference data across all classes and ICBCS systems.
- Ensure that all reference data (and supported market data) is accurately maintained on the central instrument management platform to ensure accuracy and uniformity of published data across separate and distinct systems.
- Ensure that the system audit reports/feeds are completed on a daily basis, and that a full audit trail of reference data additions, deletions and amendments is in place for each system
- Ensure that Group Inbox or ticketing platform is managed daily to ensure that all stakeholder requests are responded to in a timely manner
What youll need to be successful
We're looking for the following skills and experience. If you don't have all of these but think you could be a good fit for the role, get in touch.
- Strong eye for detail and good at analysing data
- Experience with adhering to strict procedures.
- Understanding of risk and control processes
- Knowledge of emerging markets
- IT literate (Word, Excel) and able to quickly adapt to new software systems
- Good interpersonal skills and solid team player.
- Self-motivated and proactive.
- High level of personal integrity and respect for our regulatory requirements.
- Plans and prioritises own work, makes best use of own time and meets deadlines.
Why should you join us?
ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York.
We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential.
Our vison statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity.
We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.
If you're excited about joining our Intern programme, get in touch. We'd love to hear from you!
ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.
