What will you do?
NIBC’s Mezzanine and Equity Partners (MEP) team is looking for an intern for a period of three months starting as soon as possible but no later than October 1 - 2017. The main assignment (which can be the basis for a Bachelors or Master thesis) will be to create a pricing model for mezzanine debt. Mezzanine debt is typically the most junior debt in the capital structure and often includes equity like features such as rights and warrants. Pricing mezzanine debt can be either on a theoretical basis (e.g. using CAPM theory) or a market implied basis (i.e. based on benchmarking on data available in the markets). Whatever approach the candidate choses, the outcome pricing should be market-conform (i.e. pricing should not be unrealistically high or low).
Who are we looking for?
Our purpose is to make a difference at decisive moments for our clients. The inventiveness of our solutions often determines our ability to do this. And inventive ideas arise from diverse teams. We are therefore looking for people with different profiles and who want to contribute to the openness and inclusiveness of our culture. To increase our professionalism we also focus on giving each other continuous feedback. A high performance culture can only be sustained with talented individuals who are always ready to take the next step to grow. See also: https://www.nibc.com/about-us/our-purpose-and-corporate-values/
What will you get?
We can offer you the chance to work and gain experience in the field of private equity and mezzanine debt. MEP has grown quickly over the last three years both in terms of newly invested capital and FTE and is one of the core strategic activities of NIBC Bank – the momentum and energy which accompanies this growth will certainly inspire you and creates an open and ambitious environment to work in. The assignment you will work on is of importance to the team and your work will be used in deal processes going forward. During your time with the team, we will also engage you in live deals and the processes of the bank offering you a rich basis of experiences.
NIBC is the bank of choice for decisive moments. Our Corporate Banking activities offer a combination of corporate finance & capital markets, financing and investing in the sectors Food, Agri, Retail & Health, Industries & Manufacturing, Infrastructure & Renewables, Commercial Real Estate, Oil & Gas Services, Shipping & Intermodal and Telecom, Media, Technology & Services. Consumer Banking offers residential mortgages in the Netherlands and online retail saving deposits in the Netherlands, Belgium and Germany via NIBC Direct.