Black Sea Trade & Development Bank - Intern – Office of the Vice-President Finance (OVF)

Deadline: As soon as possible

Internships

International Organizations

Location(s)

  • Greece
Thessaloniki

Overview

The Black Sea Trade and Development Bank (BSTDB) was established by the founding 11 member countries of the Black Sea Economic Cooperation (BSEC) - Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine as a regional multilateral development bank and financial pillar of BSEC. The BSTDB authorized capital is SDR 3 billion (appx. USD 4,5 billion). The subscribed capital is SDR 2 billion. As an independent international financial institution, the Bank raises additional resources in international capital markets to finance its activities. We are looking for an intern to join us at the Office of the vice-president finance (OVF).

Details

Tentative starting date(s): June 2024 (5 months)

The intern will assist with:

  • preparation of draft presentation materials on finance and treasury operations;
  • monitoring of member states online media to identify and/or update the core audience to be reached by the Bank;
  • preparatory work for the Bank’s meetings (within competence of Finance Division);
  • any other work-related assignments.

The Internship Program of the Black Sea Trade and Development Bank (BSTDB, the Bank) has the aim to:

  • Provide a unique and first-hand experience of the functions and working processes of the Bank and of international financial institutions in general;
  • Put into practice knowledge and competencies acquired during studies and help build employability skills by introducing the interns to the professional world;
  • Enhance capabilities for working in a team in a multicultural and multi-linguistic environment;
  • Promote  the image of the Bank by disseminating information of the activities and the institutional objectives of the Bank, and the potential of the Black Sea Region; and/or
  • Contribute to the success of the Bank by benefiting from the fresh point of view and up-to-date academic research and knowledge that interns bring.
  • Expand the potential pool of candidates for employment with the Bank.

About our Vice President Finance

Valeriy Piatnytskyi

Mr. Valeriy Piatnytskyi was appointed Vice President Finance of the Black Sea Trade and Development Bank (BSTDB) as of 16 September 2018, for a period of four years.

Mr. Piatnytskyi is a national of Ukraine born in 1962. He graduated from the Department of Cybernetics of the Taras Shevchenko Kyiv State University and holds a PhD degree in Economics. He has also completed professional development courses at the Economic Development Institute of the World Bank and at the Joint Vienna Institute.

In 1996-1999, Valeriy Piatnytskyi served as Deputy Director, then Director for Multilateral Economic Cooperation at the Ministry of Foreign Economic Relations and Trade of Ukraine dealing with cooperation with IFIs, EU and WTO. In 1999-2003 he worked as an Expert on trade and international agreements at the Ukrainian-European Legal and Policy Advice Centre. He was appointed State Secretary on European Integration and First Deputy Minister of Economy and European Integration of Ukraine in 2003. In 2005-2011, he was Deputy Minister of Economy of Ukraine. In 2011-2014, Mr. Piatnytskyi served as Commissioner for European Integration and was appointed Acting Minister of Economic Development and Trade of Ukraine in the second half of 2014. From 2015 until his appointment at BSTDB he was Advisor to the Prime Minister of Ukraine.

Valeriy Piatnytskyi represented the Government of Ukraine on the BSTDB Board of Directors in 2003-2005 and from 2006 until his appointment at BSTDB. For several years during this period he chaired the BSTDB Audit Committee. Mr. Piatnytskyi speaks Ukrainian, English, and Russian.

About us

The purpose of the Bank is to accelerate development and promote co-operation among its shareholder countries. BSTDB supports regional trade and investment, providing financing for commercial transactions and projects in order to help Member States to establish stronger economic linkages.

As defined in the Agreement Establishing the Black Sea Trade & Development Bank, the mission of the Bank is to effectively contribute to the transition process of the Member States towards the economic prosperity of the people of the region. This translates into a dual mandate for the Bank to (i) promote regional cooperation among and (ii) economic development in Member States principally by financing operations in the private and public sectors.

BSTDB’s vision is to be recognized globally, and by its shareholders in particular, as a prominent development finance institution for the Black Sea Region providing well-focused development assistance and solutions.

Opportunity is About


Eligibility

Candidates should be from:


Description of Ideal Candidate

Applicants should:

  • be students/have a College/University degree;
  • have an excellent command of the English language;
  • possess info gathering, analytical and reporting skills;
  • well-organized individual;
  • be proficient in one or two languages of BSTDB member countries; 
  • have good MS Office/OS360 and Internet navigation skills.

Dates

Deadline: As soon as possible


Cost/funding for participants

What we offer

The duration of an internship shall be from 1 to 6 months, with a minimum of 30 hours per week. Interns shall receive a monthly internship maintenance grant for each month of completed internship as follows:

  • interns, who rent accommodation in Thessaloniki for the purpose of the internship, shall receive Euros 700 (proof of rent is required); 
  • interns, who do not rent accommodation in Thessaloniki for the purpose of their internship, shall receive Euros 400.

Interns shall be reimbursed for travel expenses incurred at the beginning and at the end of the internship up to the total cost of one round trip economy class airfare between the place of university or equivalent studies and Thessaloniki, unless they are entitled to claim such travel expenses from any other source.

Interns whose place of university or equivalent studies is less than 65 km from Thessaloniki are not entitled to reimbursement of travel expenses. The Bank does not have any obligation to secure the interns’ accommodation in Greece, or to organize their travel arrangements.

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