Corporate Finance Intern, October
Online marketplace for business loans
Job no longer available
Online marketplace for business loans
201-500 employees
Job no longer available
201-500 employees
Company mission
To make it simple and fast to say yes to more businesses requesting funding.
Role
Who you are
- Academic students with above average results and in the final phase of your bachelors or master. Preferably a financial economic study
- Have a demonstrated interest in corporate finance; being able to read a company Balance Sheet and P&L, good knowledge of Corporate finance
- Academic Finance, Accounting and Economics courses completed at university
- Good ability to translate complex analytical outputs into clear, simple and actionable stories
- Good communication (oral and written) skills
- Good energy level and stamina
- You are curious, eager to learn, got a good sense of responsibility, you are determined and committed
- Hands-on, results-oriented approach to business with a "can-do" attitude
- You have the ability to operate independently and work in a team-oriented and fast paced environment with a digital mindset
What the job involves
- As a Corporate Finance intern, you are a full member of the team. Your role is to analyse companies on all aspects; from the study of the company’s financials to the analysis of its management, strategy, market trends, environment and its industry and sector
- The information compiled in form of a report at the end of the analysis, enables the investment managers to make informed investment decisions on funds entrusted to them. This is an exceptional chance to join an extremely high growth start-up company at an early stage
- Under the responsibility of the Head of Sales and the Senior Credit Analyst and/or the Credit Risk Director you will be trained to quickly become autonomous and be responsible for the underwriting analysis and portfolio monitoring of SMEs:
- Origination of financing requests including taking up and maintaining direct contact with clients
- Assessment of the borrowers’ credit risk through analysis of the financial information, compilation of market information, review of financial and legal audits, client interviews and compliance checks
- Credit underwriting (after approval of the credit committee): preparation of the project description for publication and key figures, implementation of documentation
- Outstanding monitoring (execution of post closings operations, archiving, reporting, implementation of statistical tools, etc.)
- Development, improvement and innovation of financing products and existing processes/tools using October’s technology and data modelling
- Financial data market watch and research using specialized sources of financial information
Our take
October is becoming an important technological partner for European support plans during the economic crisis due to its provision of government-backed loans.
The company is an SME lending marketplace working with small companies in France, Spain, Italy, Netherlands and Germany that need a credit line. The company evaluates risk before handing out loans using industry-specific data analysis and human analysts. On the other side of the marketplace, individuals can contribute to SME financing.
October has grown exponentially since its inception and the acquisition of its competitor Credit.fr - the second-largest lending platform for French SMEs reflects this growth. The company is also very eco-conscious, having joined forces with Climate Act - which specialises in startups and scale-ups that wish to reduce their carbon emissions and environmental impact. October is laser-focused on company growth and is keen to expand into new markets.
Steph
Company Specialist at Welcome to the Jungle
Insights
11% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Jan 2023
$40.4m
LATE VC
Jun 2018
$36.9m
SERIES C
Total funding: $103.9m
Company benefits
- Great offices around Europe
- An international and diverse team
- European and local events & drinks
- Flexible remote working policy
- Plenty of room for growth & learning
- A tech-centered workforce
Company HQ
Chaussée-d'Antin, Paris, IDF
Leadership
Olivier Goy
(Chairman of the Board)Founder of 123 Investment Managers, and co-founder of Fondation photo4food. Treasurer at FranceFintech for 6 years.
Experience as Partner for Goldman Sachs, and Board Member of Kantox for 7 years.
Benjamin Netter
(Co-Founder)Invested in multiple companies including Lazy app, Café and Defacto. Founded Riot in 2020.
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