Arbuthnot Latham has been associated with banking since 1833. We combine private and commercial banking, wealth planning and investment management. We believe in traditional relationship and service-led banking powered by modern technology.
Diverse and talented, with exceptionally high professional standards and a passion to deliver the very best for our clients, our people are our most vital asset. Rewarding and challenging, Arbuthnot Latham prides itself on encouraging colleagues to reach their full potential within a supportive and progressive environment. Our value-led culture underpins everything we do and we believe that every colleague contributes to the growth and success of the business.
The Internship programme is 8 weeks long and starts on 24th June 2024. It is designed for students currently studying and undertaking a relevant University degree who are returning to university in September 2024. Candidates must be available for the duration of the 8 week programme.
We are advertising a number of internships across different departments. Please apply to the one or two vacancies which best align with your academics and career aspirations.
The intern will primarily focus on providing day-to-day administration and support to Directors and Senior Bankers in the Commercial Banking team. They will support the team with client acquisition and retention via client contact, but will primarily provide support in the preparation of lending proposals and support the growth aspirations of the commercial banking division via Know Your Customer (KYC).
Key Responsibilities (varies depending on team and current projects)
General Day-to-Day Administration
Preparing client communications
Preparing account opening forms
Responsible for keeping client records updated
Instigating and maintaining client files
Maintaining accurate client information in banking systems and CRM Salesforce
Manage account maintenance procedures – including account opening and account closing
Client service and sales support
Provide support to the Banker and team as a point of contact in respect to day-to-day banking
Support in managing account maintenance procedures – including account opening and account closures
Develop a knowledge of structuring and completing credit applications
Develop an understanding of facility letters, and completion of lending transactions on the Bank’s loan administration and banking system
Provide support and awareness in the monitoring, preparation of annual client reviews – maintaining client files in the process
Develop an understanding of monitoring, reviewing and the preparation of drawdown recommendations in development loans following a review of Independent Monitoring Surveyor reports
Supporting Banker and Commercial Banking Executives in collating loan packs for drawdowns and credit approval
Assist Bankers in the completion of money laundering / Know Your Customer (KYC) reviews and submission to compliance
Key Interfaces
Working with the team
Support Senior Commercial Bankers and Commercial Banking Executives
Liaise with other areas of the Bank including Credit Risk, Credit Operations and other Front Line Banking teams
Person Specification
Knowledge / Skill
An interest in banking and financial markets
Accuracy and attention to detail
Good time management and organisational skills
Ability to manage multiple priorities and work under pressure
Experience using Microsoft Programs – Word, Excel and PowerPoint
Strong written and verbal communications skills
Training will be provided where appropriate
Competencies
Client/Customer Focus
Performance Focus
Working Proactively
Communications and Confidence
Team Working
This vacancy will be open until we have received enough applications. Please apply promptly if you are interested in this vacancy,
About Us
Work, Life and Benefits Arbuthnot Latham is committed to equal-opportunities for all staff and candidates. We embrace inclusion & diversity and understand why they are critical for the success of our business and people.
Arbuthnot Latham was founded in 1833. It has evolved and grown over the years and today offers private and commercial banking and wealth management designed around you.
At Arbuthnot Latham, relationships are everything. It is through knowledge, understanding and trust that we can help you on your personal and professional journey.
Having the right expertise at your side to minimise and manage risk, while realising your wealth’s potential, requires a fluid approach – a seamless service that connects you to highly trained, expert thinking.
