Depositary Services Intern

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.