Group Management Treasury Internship
Main purpose of role:
Group Management Treasury (GM-T) is Commerzbank's first line of defence for group-wide liquidity and market risks. GM-T is responsible for the group-wide integrated management of financial resources capital, liquidity and steering the balance sheet.
This encompasses particularly the responsibility for liquidity management, the mandate for accessing the money market and trading of central-bank-eligible repo, as well as the active management of the risks within the consolidated banking books (e.g. interest, XCCY and FX risks).
Other key responsibilities for the Core Treasury function include managing the liquidity portfolio and transfer pricing provided to internal business areas.
Key activities:
* Support the desk’s management of interest rate and FX risk, subject to Value-at-Risk and sensitivity limits
* Assist with intraday and structural liquidity (risk) management
* Coverage of pricing requests from subsidiaries, branches, business units and external clients
* Quotation and supply of transfer prices for standard and structured assets and liabilities for internal business areas
* Management of projects that focus on the establishment or enhancement of Treasury IT systems
* Improve efficiencies and accuracy of desk processes
* Analyse financial data such as risk sensitivities, balance sheets, budgets, hedge accounting adjustments
* Manage the central bank and nostro accounts
* Collaboration with Risk and Finance in devising funds transfer pricing and risk measurement methods for market and liquidity risk
* Complete desk tasks which ensure compliance with regulatory requirements such as regular KYC adherence checks
Key Requirements:
* University degree or equivalent qualification (preferably Maths/ Economics/ Finance background).
* Strong problem-solving and analytical skills
* Good knowledge of MS Office (especially MS Excel and Powerpoint)
* Ideally completed ACI-Diploma but training can be arranged
* Highly motivated and result-oriented