Internship Treasury Services

Internship Treasury Services Learn how banks operate behind the scenes. Gain hands-on experience in financial markets, trade processing, cash management, and risk control Apply for this internship Unlock your potential, gain valuable insights, and prepare for a successful career in the financial industry. Internship Overview: As a Treasury Services Intern at our dynamic organization, you will embark on a hands-on learning experience designed to immerse you in the intricacies of treasury operations. We value curiosity, proactiveness, and a passion for continuous improvement. This internship offers a unique opportunity to work closely with our Treasury team, monitoring, guiding, and contributing to the efficient processing of daily operational tasks, compliance with regulations, and enhancement of our processes and products. Key Responsibilities: It's evident that the Treasury Services Support Internship offers a comprehensive learning experience in various aspects of treasury operations. Here's a more concise breakdown of the key learning areas: Internship Learning Areas: Trade Processing and Authorization: Oversee and control the authorization of deals in FX, MM, SEC, and DX. Ensure compliance with policies and procedures for deal capture. Collateral Management and Trade Event Monitoring: Contribute to collateral management activities. Monitor trade events within the department. Process Improvement and Project Collaboration: Review and enhance processes for improved functionality. Participate in projects for system and process development. Daily Reconciliation and Transaction Monitoring: Conduct daily reconciliation of nostro, suspense, and depositary accounts. Reconcile transactions from external sources and counterparties. Settlement and Corporate Actions: Settle deals handled by Treasury Services. Investigate and resolve mismatched deals. Participate in building controls for Corporate Action processing. Cash Management and FX Netting: Follow up on CLS deals and manage nostro cash flow. Prepare cash flow projection reports. Monitor trade matching process for FX/MM deals. Regulatory Compliance and Reporting: Manage the ISDA agreements process. Support the implementation of change projects. Monitor and perform daily transaction reporting to external parties. Maintain standard data for derivatives contracts, exchanges, margin rates, and Counterparty TCIDs. Key Internship Objectives: Gain hands-on experience in overseeing trade processing, collateral management, and cash management. Contribute to process improvement initiatives and system development projects. Develop skills in daily reconciliation, settlement, and corporate actions. Understand the intricacies of regulatory compliance and reporting in the financial industry. Learn to maintain standard data for derivatives contracts and Counterparty TCIDs. What You'll Gain: Exposure to diverse aspects of treasury operations. Practical experience in dealing with real-world financial transactions. Opportunity to contribute to efficiency improvements and system development projects. Insight into regulatory compliance and reporting processes. Hands-on involvement in trade processing, settlement, and corporate actions. This internship provides a well-rounded exposure to the intricacies of treasury services, preparing interns for future roles in the financial industry with a solid foundation in trade processing, risk management, and regulatory compliance. Mentorship and learning opportunities from experienced professionals in the industry. Who We're Looking For: Key Competencies We Value: We are seeking interns who embody the following competencies: A commercial mindset and logical thinking. Results-oriented individuals dedicated to self-improvement. Curiosity, open-mindedness, and a passion for the finance industry. The ability to manage multiple tasks and meet tight deadlines with ease. Proactive problem-solving and the capacity to collaborate effectively. Creative thinking to thrive in a fast-changing, complex environment. Skills and Qualifications: Our ideal candidate possesses the following attributes: Strong written and verbal communication skills for effective interaction in English and preferably also Dutch languages. Proficiency in multiple languages, a plus in our global context. Effective time management abilities to excel in a fast-paced environment. Basic data analysis skills and the ability to draw meaningful insights. Presentation skills to convey project findings and recommendations effectively. Strong attention to detail and organizational skills. Excellent communication and interpersonal skills. Proficient in Microsoft Office suite. Ability to multitask and prioritize tasks effectively. Education: Currently enrolled in a relevant degree program (Business Administration, Finance, or related field). What we offer. Full/part time internship for a period of 6-9 months We offer you an environment where you can accelerate your learning curve at a reputable mid-size bank in The Netherlands, part of a global Bank BBVA. Becoming part of a dynamic team in an international working environment. Learning library of Garanti BBVA International Monthly meetings with fellow interns and company leaders Internship gratification of €650, - Compensation Travel Costs Internet costs €45, - per month Our organization: Work at Garanti BBVA International Garanti BBVA International (“GBI”) is a mid-sized European bank established in Amsterdam, the Netherlands since 1990 and serves to corporate and institutional and retail clientele. GBI is a wholly owned subsidiary of Turkiye Garanti Bankasi A.S. (Garanti) and has presence in Germany, Switzerland and Turkey. Our ultimate parent is BBVA. Aa dynamic “global boutique” bank, Garanti BBVA International offers fast, accurate, innovative, tailor-made and country-specific financial solutions in selected business lines though highly skilled and diverse talent management. We embrace creativity, are centered towards teamwork and oriented to create multicultural environment as we believe this to be a crucial element. Our vision is future-oriented and as a one big team GBI strives for corporate excellence and goal achievement. By joining our organization, you will find yourself constantly challenged and must be prone to apply out-of-the box thinking. Life at Garanti BBVA International GBI is a place for people who dream big and make their dream their goal. We look for people who will challenge the status quo in order to grow. We stand as one team, one family and together we are empowered to create our unique path, be agile, be curious and innovative. Strong partnerships ensure our success. Strong teams hold our foundation. We believe that diversity drives innovation and fosters personal development. We aim to create a working environment where employees are able to learn through support and coaching while contributing visibly to the success of bank. Our Core Values GBI is part of BBVA, an integrated and innovative financial institution that looks to the future, created with the mission of financing people’s dreams. That spirit continues to inspire us today and encourages us to transform people’s lives by helping them make the best decisions to fulfil their dreams. This mission is underpinned by our Purpose: “To bring the age of opportunity to everyone”. We live these values, which make us strong and allow us to achieve our purpose so we can keep creating opportunities. Customer Comes First We see our work from the customer's perspective, as we incorporate their point of view in every decision we make and always put their interests first. We meet our customer's needs in an agile way, overcoming any difficulties that arise. Think Big We want to amaze our customers with the best solutions to generate unique experiences. To achieve this, we set ambitious and inspirational challenges for ourselves, while questioning everything we do and posing new ways of doing things. One Team We are committed both to our individual role and the company's objectives as our own. We work as one team, trust our colleagues and break silos between units and hierarchical barriers. Application: If you are ready to join our team and contribute to the success of company, we encourage you to apply by submitting your resume and a cover letter. You have two options to apply: Online Application: Click on the link below to access our online application portal and submit your application. Email Application: Alternatively, you can send your application documents (resume and cover letter) directly to [email protected]. We appreciate your interest in our organization and look forward to reviewing your application. Should you have any questions or require further information, please don't hesitate to reach out. Please note that we do not appreciate any acquisition efforts for this vacancy by recruitment agencies. Career type Our Internships Role Treasury Services Locations Amsterdam Remote status Hybrid Employment type Full-time Category Internship About Garanti BBVA International Garanti BBVA International (GBI) is a mid-sized European bank established in Amsterdam, the Netherlands since 1990 and serves to corporate and institutional and retail clientele. GBI is a wholly owned subsidiary of Turkiye Garanti Bankasi A.S. (Garanti) and has presence in Germany and Turkey. Our ultimate parent is BBVA. Garanti BBVA International (GBI) creates tailor-made financial solutions for all its clients, across Europe and the globe in the areas of trade and commodity finance , corporate banking and global markets . GBI also provides targeted retail banking services in the Netherlands and Germany . We are: Personal . Fair. Responsible. Our purpose: Support your drive to go further Founded in 1990 Co-workers 280