Corporate Actions - Intern

Clearstream is a leading European supplier of post-trading services. The wholly owned subsidiary of Deutsche Börse ensures that cash and securities are promptly and effectively delivered between trading parties. It also manages, safekeeps and administers the securities that it holds on behalf of its customers. Over 300,000 domestic and internationally traded bonds, equities and investment funds are currently deposited with Clearstream.
 
Your Responsibilities
 
The Corporate Actions Group assumes responsibility for the administration of all Events covering Mutual Investment Funds in Clearstream along with exposure to the Voluntary aspect of Hedge Funds.  The main purpose of the role is to Notify Customers of new Events and execute these Events on receipt of proper confirmation from the Market. This role will involve investigation and problem solving, ensuring all requests are responded to in a timely and accurate manner.
 
The successful Intern will be responsible for the following:

• Execute all Corporate Action Events on the Custody & Banking systems within the set timelines & SLAs
• Ensure all Corporate Action cases are presented to the Control team in a clear & complete manner
• Provide a pro-active contribution to ensure the targets & objectives of the team are been achieved
• Liaise with Transfer Agents, Depositories and Clients to resolve complex cases
• Ensure timely responses to Client queries where relevant
• Work with & as part of a multi-national Team across Clearstream locations
• The candidate will need to be able to work to tight deadlines, have excellent attention to detail & the ability to work on their own initiative

 
Your Profile

• An interest in learning about the funds industry
• Currently studying for a third level qualification in Business or Finance related area
• Be risk aware and take all steps necessary to minimise errors
• Proficient with MS Office Excel and Word
• Strong ability and experience of multi-tasking
• Flexibility & openness to change
• Proactive with strong organisational skills and the ability to work on own initiative
• Ability to work under pressure to meet deadlines
• Excellent problem solver, solution minded & forward thinking
• Excellent interpersonal skills, working well independently and in a team environment
• Excellent accuracy and attention to detail
• Excellent communication skills, both verbal and written

 
NOTE:  This job description is not intended to be all-inclusive. Successful candidates may perform other related duties to meet the ongoing needs of the organization.
 
Testimonials from previous interns:
 
“My experience overall has been one I will never forget I have become a valued member of a team and made so many new friends. I would highly recommend this internship to anyone as it is one where all the staff are friendly, accommodating and the working environment is one that is very pleasant to work in. I have gained valuable skills and knowledge that will benefit me when I return to college and for my future career.”
 
“I was given great training to carry out my tasks and progressed quickly to approve new members work in our team and audit funds to allow clients to place trades. I was seen as a valuable member of the team which made me get a lot of satisfaction out of my work.”
 
“Some of the main highlights from my internship include working with amazing people, gaining valuable experience in a great Company and the very impressive office facilities. During my internship, I had lots of opportunities to practice and improve my skills including problem solving and communication which will stand to me in the future.”