Clearstream is an important player in the securities services industry with consistently high credit ratings.
As an international central securities depository (ICSD) based in Luxembourg, we provide post-trade infrastructure and securities services for the international market and 59 domestic markets worldwide, with customers in 110 countries.
As a central securities depository (CSD) based in Frankfurt, we also provide the post-trade infrastructure for the German securities industry offering access to a growing number of international markets.
Your Area of Work
- Global Securities Financing (GSF) Operations are responsible for the day to day running of Clearstream Banking's Triparty Collateral Management services, including Triparty Repo and Securities Lending Services. Lending Operations specifically are responsible for the processing of the entire life-cycle of a securities loan.
- In this diverse and challenging role, you will be dealing with collateral management activities such as ensuring loan opening and closing, margin calls, collateral recalls and supporting customers in their queries.
Your Responsibilities
- Administration of the Triparty Collateral Management process including the handling of trade notifications/closures and all related collateral life cycle actions.
- Administration of the trade reconciliation and customer report handling process (including exceptions and fails handling, custody actions related to the Collateral Management process).
- Handling of customer calls and queries related to the Triparty Collateral Management services and lending services.
Your Profile
- Degree in Business, Finance, Economics or similar relevant experience
- Good understanding of financial markets and instruments
- Good knowledge and understanding of Fixed Income assets and related custody services, including tax considerations. Knowledge on equities is considered as an advantage
- Good understanding of the various Money Market instruments is a pre-requisite
- Back Office experience in Clearing and Settlement for both cash and securities transactions are considered as an asset
- Proficiency in written and spoken English
- Dedication, team and communication skills, flexibility
- Competent handling of MS Office applications
Internship Duration: Hybrid - Full-Time from August 2022 - December 2022; Part-Time from Early January 2023 - February 2023 (this can be further agreed on)
Related Job Searches:
- Company:
Clearstream Banking S.A. - Designation:
Collateral Management & Lending Intern - Profession:
Banking / Finance - Industry:
Finance - Location:
Downtown Core