3 Month Banking Payments Internship

Job Description

About Citco

Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients' needs.

For more information about Citco, please visit www.citco.com

About the Role:

This role is a 3 month summer internship

Citco Bank provides fully integrated transaction, deposit, foreign exchange and credit facilities to our Fund Services and Governance Services clients. Operating in strategic global centres Citco Bank provides access to best of breed process and technology.

Banking Services Europe is responsible for providing services relating to Treasury middle & back office, Credit, and Payments functions. Based in Dublin, we provide services for all 3 European Banks - the Dublin and Luxembourg Branches and the Amsterdam Head office. Banking Services also provide clearing services on behalf of our Banks in Cayman, Curacao and Toronto.

The purpose of the Treasury & International Payments Analyst role is to efficiently and accurately support the team to meet our Treasury departments requirements/ Cash management/ Loan repayments and general client/ Nostro funding obligations. The position requires the managing and resolving of internal & external stakeholder queries and the execution of Middle and Back office Treasury and Credit desk functions.

The completion of these functions should assist in the controlled and smooth running of the department in order to meet the Service level agreement expected by Citco's clients.

Responsibilities

. Your Role:

• Assist with the management of Loan operations, Insufficient funds and Debit balances.
• Monitor incoming Swifts related to Treasury, Credit or Client transactions to ensure incoming funds received in a timely minor to assist with cash management.
• Monitor and investigate confirmation matching where required.
• Ongoing analysis of team's processes to assist to identify risks and to enhance operational efficiencies.
• Monitor central team mailbox along with personal email inbox and assist to resolve queries.
• Liaising with data management team regarding counterparty and security set-ups.
• Carry out intra-day checks to ensure all daily tasks are completed within designated deadlines.
• Work closely with Treasury Front office and Payments team to assist to meet deadlines.
• Review and investigate open breaks from the Nostros Reconciliation report assigned daily.
• External stakeholder management; Counterparties, clearing houses, vendors, clients etc.
• Processing of journals received from the Finance team.
• Escalation of any errors to Management in a timely manner as well as assisting with Incident report write up.
• UAT environment testing to assist with System developments.
• Ad hoc tasks and projects as they arise.

Qualifications

About You:

• You have high attention to detail and high level of accuracy
• Ability to work to strict deadlines
• Willingness to take ownership / responsibility for work
• Candidates must be very numerate
• Multi-tasking capabilities.
• Good communication and interpersonal skills
• An adaptable team player with a proactive approach to problem resolution
• Ability to escalate issues effectively to Supervisors
• A good understanding of Financial Markets/ Foreign Currencies would be an advantage

Our Benefits

Your wellbeing is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.