Job Description
ICBC Standard Bank Summer Internship Programme 2026
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 opportunities 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 2026 Summer Internship Programme is 9am on Tuesday 24th February 2026.
Division: Finance
Location: This role will work in our London Office, which is located near St Pauls and Bank stations. For our summer internship programme, we would expect you to spend most of your time in the London office.
Duration: The Internship Programme will run for a period of 12 weeks, Monday 22nd June 2026 Friday 11th September 2026. Please ensure you can fully commit to this timeframe.
About the job
We have eight opportunities across the six areas below, and you will be asked to specify your preferred area in the application form
The London Finance team encompasses the following core functions: - Financial Reporting and Control, Management Reporting, Product Control, Tax and Treasury & Capital Management and Procurement.
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.
The Product Control Team
Acts as an independent control department to help ensure the integrity of the Bank's financial statements through:
Preparation and Independent verification of the daily and monthly Profit and loss account
Balance sheet reconciliation and substantiation
Valuation testing of the Bank's positions
Preparation and development of Management Information (MI)
At its core it involves preparing daily P&L reporting for a trading desk or group of trading desks within a specific asset class (e.g. Commodities, Rates, Credit).
In addition, the role also involves the preparation and development of Management Information (MI) and also has a project-based component, e.g. involvement on the implementation of new systems or processes in the Bank.
As a Product Controller, you will work in close contact with the Front office trading functions as well as other support departments such as Risk and Operations, allowing you to understand why and how a bank trades on a daily basis.
The Management Information team:
Responsible for the accounting processes associated with Operating Expenses and Client Revenue tracking, as well as for producing financial analysis to monitor the bank's performance. This intern role will gain exposure to:
Monthly accounting processes & Balance Sheet substantiation
Financial reporting and variance analysis commentary for stakeholders across the Bank
Liaising with stakeholders to update monthly rolling budgets / forecasts for headcount & expenses
The Treasury & Capital Management team:
Responsible for the calculation and reporting of the Bank's capital and liquidity position as well as all prudential reporting to the PRA and ICBC Head Office across a range of regulatory metrics.
Interns in this team will gain a good understanding of the regulatory landscape in which banks operate and be actively involved in the provision of key information to stakeholders, including:
Daily calculation of regulatory capital, large exposures (LE), leverage ratio, liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) and associated MI reports to business and senior management
Detailed analysis and commentary on changes in regulatory metrics and close collaboration with Corporate Treasury and other key functions within Finance
Completion of prudential regulatory returns and Head Office templates
Contribution to the forecasting and budgeting processes
The Financial Reporting and Control teams:
The Financial Reporting and Control function is an integral part of the Finance function, responsible for the consolidation, control and reporting of the ICBC Standard consolidated financial results.
The Financial Reporting team:
The reporting team is responsible for the submission of Financial Reporting (FINREP) returns under the EU implementation of Basel III and for IFRS compliance. The function reports into the Chief Financial Officer (CFO). The key responsibilities of this function are:
ICBC Head Office reporting
Financial governance and control
External reporting and consolidation
IFRS financial reporting
FINREP reporting
Bank of England reporting
Projects
The primary purpose of this role is the support of IFRS compliant financial reporting and control of the results for ICBC Standard Bank group (ICBCS), the principal London-based operating group in ICBC. The ICBCS group results include operations in New York, Singapore and Shanghai.
The role will involve IFRS, FINREP and Head Office reporting. Offering diverse experience across all business units and products. The role will suit a highly driven, ambitious individual to join the team that is committed to continuous improvement, contributing to high quality controls, reporting and business partnership.
Key responsibilities are as follows;
Assist in the preparation and review of the ICBCS Annual and Interim reports
Contribute to monthly IFRS financial reporting
Support quarterly FINREP reporting
Contribute to the production of quarterly and semi-annual ICBC Head Office and ICBC Group auditor submissions
Assist with balance sheet substantiation
The Financial Control team:
Responsible for General Ledger control processes, Balance Sheet Substantiation, monitoring and reporting of services provided through SLAs and change management for key data attributes used across Financial reporting, as well as internal MI and compliance reporting.
The department consists principally of qualified accountants, with a high degree of individual autonomy operating in conjunction with an emphasis on team goals and objectives
Reviewing and investigating requests for changes or creation to master data
Administering the process for changes to SAP user profiles for ICBCS - including access requests for new users
Review/enhance specific financial control processes
Maintenance and administration of the Account substantiation monitoring system
The Procurement team:
The Procurement team supports the Bank by sourcing goods and services responsibly, managing supplier interactions, and ensuring strong commercial, contractual and operational controls. We work with all business areas to help the Bank manage cost, reduce risk and operate efficiently.
This internship sits within Procurement Operations, where you'll support the day to day processes that keep the Bank's third party activity running smoothly. Typical activities may include:
Supporting supplier onboarding and helping ensure all risk and compliance checks are completed.
Assisting with purchase to pay (P2P) workflows, including requisitions, purchase orders and contract administration.
Helping maintain accurate supplier and contract data in procurement systems.
Preparing procurement and spend reports used by category managers and Finance.
Contributing to process improvement projects that streamline and automate routine tasks.
Providing stakeholder support, helping business users follow procurement policies and best practice.
This is a great opportunity to learn how procurement operations work within a global financial institution, build commercial awareness, and develop strong analytical and organisational skills.
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.
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 opportunities 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 2026 Summer Internship Programme is 9am on Tuesday 24th February 2026.
Division: Finance
Location: This role will work in our London Office, which is located near St Pauls and Bank stations. For our summer internship programme, we would expect you to spend most of your time in the London office.
Duration: The Internship Programme will run for a period of 12 weeks, Monday 22nd June 2026 Friday 11th September 2026. Please ensure you can fully commit to this timeframe.
About the job
We have eight opportunities across the six areas below, and you will be asked to specify your preferred area in the application form
The London Finance team encompasses the following core functions: - Financial Reporting and Control, Management Reporting, Product Control, Tax and Treasury & Capital Management and Procurement.
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.
The Product Control Team
Acts as an independent control department to help ensure the integrity of the Bank's financial statements through:
Preparation and Independent verification of the daily and monthly Profit and loss account
Balance sheet reconciliation and substantiation
Valuation testing of the Bank's positions
Preparation and development of Management Information (MI)
At its core it involves preparing daily P&L reporting for a trading desk or group of trading desks within a specific asset class (e.g. Commodities, Rates, Credit).
In addition, the role also involves the preparation and development of Management Information (MI) and also has a project-based component, e.g. involvement on the implementation of new systems or processes in the Bank.
As a Product Controller, you will work in close contact with the Front office trading functions as well as other support departments such as Risk and Operations, allowing you to understand why and how a bank trades on a daily basis.
The Management Information team:
Responsible for the accounting processes associated with Operating Expenses and Client Revenue tracking, as well as for producing financial analysis to monitor the bank's performance. This intern role will gain exposure to:
Monthly accounting processes & Balance Sheet substantiation
Financial reporting and variance analysis commentary for stakeholders across the Bank
Liaising with stakeholders to update monthly rolling budgets / forecasts for headcount & expenses
The Treasury & Capital Management team:
Responsible for the calculation and reporting of the Bank's capital and liquidity position as well as all prudential reporting to the PRA and ICBC Head Office across a range of regulatory metrics.
Interns in this team will gain a good understanding of the regulatory landscape in which banks operate and be actively involved in the provision of key information to stakeholders, including:
Daily calculation of regulatory capital, large exposures (LE), leverage ratio, liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) and associated MI reports to business and senior management
Detailed analysis and commentary on changes in regulatory metrics and close collaboration with Corporate Treasury and other key functions within Finance
Completion of prudential regulatory returns and Head Office templates
Contribution to the forecasting and budgeting processes
The Financial Reporting and Control teams:
The Financial Reporting and Control function is an integral part of the Finance function, responsible for the consolidation, control and reporting of the ICBC Standard consolidated financial results.
The Financial Reporting team:
The reporting team is responsible for the submission of Financial Reporting (FINREP) returns under the EU implementation of Basel III and for IFRS compliance. The function reports into the Chief Financial Officer (CFO). The key responsibilities of this function are:
ICBC Head Office reporting
Financial governance and control
External reporting and consolidation
IFRS financial reporting
FINREP reporting
Bank of England reporting
Projects
The primary purpose of this role is the support of IFRS compliant financial reporting and control of the results for ICBC Standard Bank group (ICBCS), the principal London-based operating group in ICBC. The ICBCS group results include operations in New York, Singapore and Shanghai.
The role will involve IFRS, FINREP and Head Office reporting. Offering diverse experience across all business units and products. The role will suit a highly driven, ambitious individual to join the team that is committed to continuous improvement, contributing to high quality controls, reporting and business partnership.
Key responsibilities are as follows;
Assist in the preparation and review of the ICBCS Annual and Interim reports
Contribute to monthly IFRS financial reporting
Support quarterly FINREP reporting
Contribute to the production of quarterly and semi-annual ICBC Head Office and ICBC Group auditor submissions
Assist with balance sheet substantiation
The Financial Control team:
Responsible for General Ledger control processes, Balance Sheet Substantiation, monitoring and reporting of services provided through SLAs and change management for key data attributes used across Financial reporting, as well as internal MI and compliance reporting.
The department consists principally of qualified accountants, with a high degree of individual autonomy operating in conjunction with an emphasis on team goals and objectives
Reviewing and investigating requests for changes or creation to master data
Administering the process for changes to SAP user profiles for ICBCS - including access requests for new users
Review/enhance specific financial control processes
Maintenance and administration of the Account substantiation monitoring system
The Procurement team:
The Procurement team supports the Bank by sourcing goods and services responsibly, managing supplier interactions, and ensuring strong commercial, contractual and operational controls. We work with all business areas to help the Bank manage cost, reduce risk and operate efficiently.
This internship sits within Procurement Operations, where you'll support the day to day processes that keep the Bank's third party activity running smoothly. Typical activities may include:
Supporting supplier onboarding and helping ensure all risk and compliance checks are completed.
Assisting with purchase to pay (P2P) workflows, including requisitions, purchase orders and contract administration.
Helping maintain accurate supplier and contract data in procurement systems.
Preparing procurement and spend reports used by category managers and Finance.
Contributing to process improvement projects that streamline and automate routine tasks.
Providing stakeholder support, helping business users follow procurement policies and best practice.
This is a great opportunity to learn how procurement operations work within a global financial institution, build commercial awareness, and develop strong analytical and organisational skills.
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.
💡 Quick Summary
Seeking a career-building opportunity? The Finance Intern position is now open for candidates interested in the Bank Jobs sector. This role in Greater London offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
