Investment Funds Transfers - 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 Investment Funds Transfers team assume responsibility for the execution of client driven instructions to transfer funds in the market and on the fund register maintained by transfer agents.  The main purpose of the role is to complete any document or instruction required to execute the client’s instruction in the market and follow the instruction through to settlement.

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:

• Instructing client orders in the market and monitoring until settlement, including chasing Transfer Agents for updates
• Gathering and maintaining static data for funds, clients and Transfer Agents
• Interacting with internal departments, fund administrators and third parties as necessary
• Ensuring that all client queries in the team are dealt with in a prompt & professional manner
• Liaise with Transfer Agents and Clients to resolve complex cases
• Ensure that information received from the market is accurately updated on our systems.
• Completing project work with other members of the team
• The candidate would have to be able to work to tight deadlines, have great attention to detail and have the ability to work on their own initiative

 
Your Profile

• This role involves the following competencies:
• Taking on responsibility and risk awareness
• Integrated thinking
• Problem solving skills
• Communication skills
• Planning/Organisation skills
• Learning new systems
• 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 Outlook, Excel, Access and Word
• Proactive with the ability to work on own initiative
• Strong organisational skills and excellent attention to detail
• Ability to work under pressure to meet deadlines
• Strong problem solver with good analytical skills
• Excellent interpersonal and communication skills

  
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. #Clearstream
 
 
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.”