NOVO BANCO
About: NOVO BANCO Group is a reference financial group in the Portuguese domestic market, with a strong franchise in the corporate and retail segments. The Group stands out for the excellence of its services, adopting a customer-centric approach supported by a specialized sales force, a broad multi-channel network and a wide-range offer of products. NOVO BANCO Group maintain its strategic focus on meeting its customers' needs through an offer of high quality innovative products, while concentrating its activity on the domestic business and stepping up the reduction of the relative weight of its non-core/non-strategic assets.
NOVO BANCO assumes its vocation as a Customer-oriented Bank and is recognized as a reference bank for highly demanding corporate and private individual clients.
We also strived to secure a reputation as a "fair bank" and to develop an engaged and responsible social dividend policy, namely in the ethical, social and environmental areas.
The NOVO BANCO Group (“NB Group”, the “Group” or “GNB”) develops its activity centered on the financial industry sector and focused on the corporate, institutional and private individual clients. It has its decision center in Portugal, which gives to the domestic territory its natural business market.
When monitoring the performance of each business area, the Group considers the following business operating segments: • Domestic Commercial Banking, which includes the Retail, Corporate, and Institutional sub segments; • International Commercial Banking; • Asset Management;
Life Insurance; • Markets.
In Portugal, NB Group operates through a single-brand network of 434 branches (excluding NB Açores, Banco Best and SFE Madeira), 20 Corporate Centers and 12 Private Banking Centers. Given the adverse environment surrounding the creation of NB Group, the commercial dynamism was key to the resilience of the Bank’s competitive positioning.
The relationship between people and institutions has been undergoing a profound transformation due to the growing prevalence of the so-called digital relationship channels, which in all market contexts have rapidly grown from niche solutions to become the channels of choice of an ever-increasing diversity of client profiles.
In NOVO BANCO, this trend has not only been observed, but also stimulated in different ways, fostering the enrichment of the daily relationship with the Clients, the best response to their most diverse needs and even an increase in the number and quality of their interactions with the Bank.
An effective involvement with its stakeholders is one of the major challenges faced by NOVO BANCO Group (“NB Group”, the “Group” or “GNB”), in so far as this will shape how many of its business issues are dealt with and thus contribute to the definition of policies, principles, strategies and transformation processes.
In line with NOVO BANCO's strategy, its human capital is inclusive, well-structured and diversified and its management is focused on the performance, quality and continuous improvement of its employees, and on the existence of fair working conditions. Underpinned by these factors, allied to innovation, the conditions are in place for NOVO BANCO to build strong and long-lasting bonds with its employees.
For NOVO BANCO's strategy, it is essential to build strong and long-lasting relationships with its clients. To reach this end, NOVO BANCO centres its business model not only on addressing the expectations of its clients but also on continuously improving its services, thus consolidating the trust of this group of stakeholders, which has been a key factor for the results achieved.
NOVO BANCO is increasingly committed to reduce the environmental footprint resulting from its activity and one of its main challenges is to meet the objectives set for 2020 through initiatives undertaken within the scope of its Social Dividend model aimed at lowering its environmental impacts.
Available Areas for Internship and respective Job Descriptions:
Department: International Business Division – IBD (DCI), Main Mission:
The International Business Division (IBD) is the department in Novo Banco that is responsible for the commercial management of the relationship with Financial Institutions worldwide, who play an important role in supporting the internationalization process of NB’s clients.
The development of these relationships make possible the placement of the international transactions originated in the domestic commercial areas of the Bank.
Parallel to this responsibility, there are 3 other areas within the Department that define and manage the supply of transactional products and services, namely Trade Finance, Securities Services and Payments & Cash Management.
Number of vacancies: 1
Trainee profile and role play: This program is a great opportunity for early professional development for students who have an interest in learning more about the Portuguese culture.
The candidate will have the opportunity to work in one of the main players of the Portuguese banking sector who is a market leader in the international business area.
Candidates must be studying (or already have a degree in) Business Administration, Management or Economics, being conversational Spanish or French a plus.
The candidate should have the following traits: good written and oral communication skills, team-player, adaptability, initiative, eagerness to learn, positive attitude.
The candidate will be integrated in a diversified and experienced team with several years of experience in the international business.
Department: Legal Matters Division (DAJ):
It is the responsibility of the DAJ to identify and manage the legal risk arising from NB's activity, as well as the management of the Bank's impact on the legal risk existing in branches and subsidiaries, aligning with GNB's objectives and efficiently allocating the resources available to it, whether internal or external, in order to obtain the best legal risk prevention.
Number of vacancies: 1
Trainee profile and role play: tbd
Department: Retail Marketing Division (DDMR):
Develop and manage remote and web channels for providing financial services, such as Nonet, NBnetwork, NB Smart App, NBdireto; Manage the offer of products and services
Ensure strategic definition, coordination, planning and implementation of all marketing communication and consumer study activities
Number od vacancies: 1
Trainee profile role play: tbd
Department: Business Development Division (DDNN), Main Mission: To lead projects with impact on the financial business perimeter of the Group, namely those involving the execution of organized processes of mergers, acquisitions and divestment in assets;
Lead the definition and implementation of policies to divest financial holdings, other non core assets and / or assets within the scope of perimeters subject to strategic plans (i.e. NPA or CCA perimeters); Ensure the focus of interaction with contractual and / or supervisory counterparts in relation to assets or defined asset perimeters comprised, inter alia, within the scope of strategic divestiture plans.
Number of vacancies: 1
Trainee profile and role play: tbd