Berenberg – European Equities – Summer Internship programme 2023
How does the Programme Work?
At Berenberg we believe talented people are the key to our success. We are looking to hire summer interns onto our 8-week programme into our European Equities department.
During the first week you will have an induction period, with talks from business leaders, classroom-based training around the technical aspects of the role, and a general induction to Berenberg as a company.
You will then be placed within a research team where you will gain insightful business exposure and receive invaluable and comprehensive training, and will also get some exposure to the Sales team and their activities.
You will also be allocated a senior member of the team who you can discuss any queries or concerns with and ensure that you get the mentoring and support that you need to get the most out of the placement. You will assist them in analysis of the sector, producing research notes and presentations. You will also be collating relevant market macro and micro news-flow on a timely basis.
Stand-out interns may be fast-tracked to interview with senior management in order to secure a place on our International Graduate Programme, starting in October 2024.
What do our Equity Research & Sales teams do?
Equity Research
Berenberg has one of Europe’s largest equity research teams. A deep understanding of industries, companies and stock markets, detailed financial analysis and a thorough assessment of management expertise underpin our successful stock picking approach. Berenberg’s team of analysts constantly identify mispriced shares to provide timely investment recommendations. Whilst we provide strong support and development for colleagues, freedom of thought and complete independence are greatly encouraged and core to our research philosophy.
Equity Sales
The Berenberg Equity Sales team are also one of the largest in pan-European equities, with a mix of both senior seasoned professionals, and home grown talent. This teams primary role is to distribute our best-in-class content to the wider investor community, and to commercialise the research department. The sales team possess really unique and valuable relationships with a wide range of investors, who appreciate their insight and broader context.
The differentiator at Berenberg is having such an excellent product, entrepreneurial management team, and a culture where we encourage employees to be both successful and happy.
Who we’d like to meet?
We encourage applications from candidates with the following attributes:
Outstanding interpersonal skills; smart, inquisitive and driven
Ability to work in a fast-paced, intensive environment;
Students from any degree discipline are encouraged to apply and we love to hire across a diverse academic background, but you must be expecting or have achieved at least a 2.1 or above (essential);
You will be in your penultimate year of studying for a degree in any discipline (essential)
Fluency in English is essential, although fluency in additional languages are beneficial
Successful applicants must have full working rights for the UK at the time of employment and for the duration of the programme (essential).
How do you apply?
Submit your application via our online portal. This is very simple, just upload a CV and answer a few qualifying questions
If you meet the qualifying criteria, you will be sent an email, asking you to answer a set of questions, each with answers of approximately 150 words for us to learn about you. Your CV will not be reviewed at this stage
Your anonymous answers will be reviewed by colleagues across Berenberg who will decide whether to progress you to the next stage, without reviewing a CV.
If you are successful at this stage you will be invited to a 30minute phone interview with the Talent Acquisition team, who will also use your CV to guide the interview.
The final stage will be 2 final stage interviews with Berenberg colleagues from the Equities department, who will also be able to review your CV. These will be technical and competency based interviews.
We are looking for approximately 20 interns to join our 2023 Summer Internship.
Here at Berenberg, we embrace diversity, not just because we should, but because it makes us a better research team and we value the difference it makes to our business.
We are also happy to make reasonable adjustments for candidates throughout the process and employment as and when needed. Please flag any adjustments you may require to our recruitment team (recruitment@berenberg.com).
You will need to be able to commit to the duration of the 2 month programme, which will start on the 3rd July and finish on the 1st September 2023.
These opportunities will be based in our London office on Threadneedle Street, City of London, and office attendance is expected 5 days a week.
Established in 1590, Berenberg is one of the oldest banks in the world, and with this heritage comes fantastic opportunities for bright and aspiring individuals. With its Head Office in Hamburg, Germany, and with a strong presence in the financial centres of London, Frankfurt and New York, it is one of Europe’s leading privately-owned banks. 1,600 employees carry the Bank’s long tradition of success into the future. Through its business divisions of Investmentbank and Corporate Banking, Wealth and Asset Management, Berenberg is able to offer a broad range of services into corporations, investment institutions and private individuals.
Berenberg has a strong reputation based on first-class performance, and although the company has a long history it remains entrepreneurial in its approach. A combination of the meritocratic culture and flat hierarchy enables talent to flourish and progress at Berenberg.
