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 $3 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 Team & Business Line
Citco Bank provides fully integrated transaction, deposit, foreign exchange and credit facilities to our Fund Services and Governance Services clients. Operating in strategic global centers, Citco Bank provides access to best-in-class process and technology.
As an intern in our Depositary Cash Flow Monitoring team, you will work with experienced professionals and internal stakeholders to support the monitoring of fund cash flows, the investigation of reconciliation differences and the timely delivery of depositary services to our clients.
Your Role
Assist with daily cash flow monitoring and cash reconciliation activities under the supervision of senior colleagues.
Support the comparison of fund accounting records with bank or broker information and help identify reconciliation differences.
Assist with the review of cash movements, including subscriptions, redemptions, trade settlements, fees and other fund-related transactions.
Help obtain and organize supporting documentation for cash flow reviews and investigations.
Maintain internal records, monitoring files and databases accurately and on time.
Communicate with internal teams and, where appropriate, external parties to follow up on missing information or unresolved items.
Escalate exceptions, unusual cash movements and outstanding differences to senior colleagues in line with established procedures.
Support departmental reporting, process documentation and ad-hoc team activities.
About You
Currently studying Finance, Economics, Business Administration, Accounting, Mathematics or a similar subject.
Interested in financial services, investment funds and depositary operations.
Eager to learn, attentive to detail and comfortable working with numerical information.
Proactive, team-oriented and results driven, with a positive can-do attitude.
Good organizational, problem-solving and time-management skills.
Proficient in Microsoft Office applications, particularly Excel.
Good written and spoken English and strong interpersonal skills.
Able to dedicate 39 hours per week to the internship.
Salary
1153 EUR GROSS
Our Benefits
Your well-being 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.
Skills Required
- Currently studying Finance, Economics, Business Administration, Accounting, Mathematics, or a similar subject
- Interest in financial services, investment funds, and depositary operations
- Proficiency in Microsoft Office applications, particularly Excel
- Good written and spoken English
- Strong interpersonal, organizational, problem-solving, and time-management skills
- Ability to dedicate 39 hours per week to the internship
What We Do
Our heritage, since founding a civil law notary practice in the 1940s to establishing the Curacao International Trust Company in the 1960s, is built on challenging paradigms and delivering exceptional service within the financial and professional services industry. Today, we continue to pioneer award-winning services and technology solutions that meet ever changing markets. A commitment to investing in people, and proprietary technologies, has resulted in our reputation as the industry’s preeminent service provider, reassuring clients that their critical administration functions are in safe hands. Our thought leadership and ability to quickly navigate complex change means our clients can depend on us as trusted advisors to make informed decisions in response to market conditions. Our Divisions Citco Fund Services & Investor Relations CFS is the global leader in services for the alternative investment industry. With over 2,000 funds under administration and net assets exceeding $840 billion, we provide full service fund administration, fund accounting, net asset value calculations, investor relations, and more. Governance Services Leveraging our extensive global office network Citco Governance Services provides customised solutions, including corporate and global subsidiary governance, secretarial services, financial accounting and reporting, tax and audit liaison, and market entry services. Banking, Depositary & Custody Services Citco Banks operate in strategic financial centres and provide Institutional and Fund of Funds clients access to the funds universe through multiple communication and online real-time global funds platforms. Citco Technology Management Through our eight global development centres, Citco Technology Management provides secure infrastructures and develops award-winning technology products that underpin our commitment to service excellence.
