ABN AMRO is a Northwest European personal bank in the digital age, with our Head Office based in Amsterdam. Our bank has a diverse history, dating back more than 300 years and is characterised by acquisitions, split-ups and mergers. The current ABN AMRO started in 2010 with the merger with Fortis Bank Nederland, after Fortis, Royal Bank of Scotland and Banco Santander bought ABN AMRO in 2007 and afterwards split up the bank in parts.
Across our offices we have an employee presence of circa. 19,000 people and in the UK, we work alongside 350 of those employees. We are a bank that is committed to playing a serious role in society. Technology helps us to bring banking closer to our clients and what they need. Our areas of focus are inclusion, sustainability, social entrepreneurship, innovation and daily banking. Robust corporate governance is key for us to achieve our strategic ambitions and helps us to support our clients with our banking expertise, reliably and professionally, both in the Netherlands and abroad.
As a bank, we serve clients in the retail, private banking and corporate banking sectors. Within our Northwest European scope, we are also present in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing. Our UK branch is part of the Corporate Banking business line and operates within the following areas:
Corporate and Institutional Banking which includes Corporate Banking, Clearing, Global Markets – Sales & Trading and Financial Institutions
Commercial Clients which includes Asset Based Finance and Transaction Banking Hub, which provides trade finance and transactional banking services
Our Strategy, Core Values and Purpose
What we do (Our Strategy) – We want to be a personal bank in the digital age
How we do this (Our Core Values) – Care, Courage, and Collaboration
The reason why (Our Purpose) – Banking for better, for generations to come
Our core values of Care, Courage and Collaboration shape our culture. We are looking to live these values in everything we do, for our clients and for each other. It is through our values that we connect and that we are able to create an environment where everyone can be themselves. As a result, we enjoy working together, always wanting to stretch ourselves and we’re keen to go that extra mile. We feel embodying this ethos is important in a challenging environment where change is all around us and expectations are high.
Together, these principles foster a culture of working together and permanent learning. It’s only with this mindset that we bring the best in ourselves to deliver a high standard of performance. Our culture is the catalyst for the evolution in which we find ourselves: our people are imaginative, trust each other and do just that little bit extra to help clients.
You can learn more about ABN AMRO via our website.
Our Internship Programme
We are delighted to launch our insightful Summer placements of various lengths across several departments within our London office.
Department Area
Programme Length
Transaction Banking
6 to 7 weeks, commencing mid-June to mid-September
Global Markets
8 to 10 weeks, commencing in June
Process & Controls
3 months, commencing June
Information Technology
6 weeks, commencing in June
Legal
8 to 12 weeks, commencing June/July
Risk
4 weeks, commencing mid-July
Human Resources
8 to 10 weeks, commencing June/July
Compliance
1 to 2 months, commencing in July
What do we offer?
• Valuable insight into Financial Services
• Opportunity to work in a dynamic, inclusive and flexible environment where you are encouraged to grow and develop
• Collaboration on various activities and meaningful projects that drive towards the bank’s objectives and supports our clients
• Working with a wide range of people with different backgrounds, opinions and ideas
• An environment where you will be challenged on a daily basis to refine your professional and soft skills
• Mentoring by the line manager of the department, who will equally ensure you are sufficiently supported through guidance and any training required
Department and Team Culture
The UK Legal Department provides legal support to businesses, support functions and senior management within ABN AMRO UK Group and, in doing so, supports the effective management and control of legal risks taking into account the objectives of the UK Group, relevant commercial issues and in proportion to the risks and value of the UK Group.
The Legal Department supports ABN AMRO and its businesses in realising their objectives taking into due consideration the legal risks. Legal is the exclusive and independent provider of legal services for ABN AMRO and part of the 2nd Line of Defence. The Legal Mandate requires that the business involves Legal in product development; standard legal documentation; transactions where non-standard legal documentation is used, and in certain cases where standard documentation is used; corporate matters; incidents, claim handling and litigation; labour affairs (employment); and engaging external legal counsel.
What will your responsibilities look like?
Under the supervision of senior regulatory lawyers, the intern will support the ABN AMRO UK Change of Law programme to identify relevant changes of law and regulation under the new UK legal frameworks post-EU exit, including in areas such as financial regulation (the main component of the work), employment law, data protection, new financial crime and money-laundering rules, and corporate law. The intern will also be asked to undertake small research and legislation-checking tasks in relation to the Change of Law programme and to assist the rest of the legal team in ad hoc research or contractual review queries.
What are we looking for?
Penultimate year undergraduate student (studying a relevant degree) or second/third year apprenticeship student equivalent
• Enthusiastic individuals with contemporary values
• A motivated interest in Law
• Ability to communicate clearly and comprehensively with a variety of audiences
• Solid IT skills; proficiency in Word, Excel and PowerPoint
• Ability to develop and maintain good working relationships
• Excellent collaboration skills
• Effective at following instructions
• Team player with strong interpersonal skills
• Ability to read and digest large volumes of information demonstrating attention to detail, critical thinking and problem solving
• Analytical skills.
How to Apply
If you feel that you would be a great candidate, please submit your interest for the placement that best suits your skills, ambitions and availability via the ‘Apply’ button. We understand that you may feel your CV isn’t extensive or wholesomely capture who you are and your skillset, for this reason we would like to hear more about you in a cover letter! Please note that you’ll need to submit this alongside your CV via the portal when prompted.
Successful applicants will be contacted regarding next steps which will involve a selection process consisting of an interview with the department of interest.
For more information, please contact:
Niki Champion
Onsite Recruiter
Niki.Champion@uk.abnamro.com
+44 203 192 9342
Additional Information
Salary Indication: (London Living Wage – £11.95 per hour)
£90 per day, equivalent to £20,430 per annum and £3,600 to £5,400 for duration of placement
Working hours per week
35
Location
Hybrid working arrangement with up to 3 days in office (1 day must be a Tuesday) and the remaining days working from home
Right to Work Requirements
Please note you must be a British National or have an existing UK Right to Work status to apply
ABN AMRO is a full-service bank with a transparent and client-driven business model with traditional and digital banking products, a moderate risk profile, a clean and strong balance sheet, a solid capital position and strong funding profile. The bank serves retail, private and corporate banking clients, with a primary focus on the Netherlands and with selective operations internationally which are based on specific expertise and established market positions. It has a presence in 20 countries, with more than 22,000 people worldwide.
Our Strategy
Our long-term strategy stands firm. We are client oriented; We invest in the future; We maintain a moderate risk profile; We pursue sustainable growth. Our goal is to create long-term value for all our stakeholders – our clients, our people, investors and society at large.
For our clients, we are committed to offering the best possible insights and advice as well as easy access to our products, network and services. For our employees, we promise to give them the opportunity to make the most of their potential and to grow and develop. For our investors, we promise to pursue sustainable growth and attractive revenues while maintaining a moderate risk profile. In everything we do, we understand the risks we take. Our pledge is to be socially conscious and to invest in the future.
We are acutely aware that we are a cornerstone of the economy. As such, we want to make a significant, transparent contribution to society, one which is primarily, but not solely, financial.
This also places demands on our own people and how we treat each other. We know what we stand for and consciously choose to be part of this bank. Our flexibility and desire to be autonomous mean we want to constantly develop. Our job is to bring out the best in ourselves. Only then can we be the best bank for our clients.
