Intern, Mutual Funds

Your area of Work:

You will be part of the Mutual Fund operations team, contributing to daily operational tasks and handling various ad hoc activities within Clearstream's Hedge Fund business.

Your main responsibilities:

1. Trade Operations & Confirmation

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  • Manage end‑to‑end trade confirmation activities, including follow‑up on contract notes.
  
  
  • Liaise closely with transfer agents and internal stakeholders across multiple locations to ensure timely and accurate confirmation of all trades.
  
  
  
  

2. Cash Processing & Reconciliation

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  • Process and track redemption proceeds, ensuring funds are received within the relevant currency cut‑off times.
  
  
  • Resolve cash‑related discrepancies by coordinating with internal teams, transfer agents, and banking partners.
  
  
  
  

3. Failed Order Management

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  • Monitor and identify failed orders promptly.
  
  
  • Escalate and submit failed orders to transfer agents to ensure processing within the applicable dealing cut‑off.
  
  
  
  

4. Daily Reporting & Trade Date Integrity

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  • Prepare and deliver daily operational reports to transfer agents.
  
  
  • Ensure all transactions are accurately received, booked, and assigned the correct trade date.
  
  
  
  

Other Responsibilities

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  • Provide support on any ad hoc tasks or operational matters assigned.
  
  
  • Collaborate with cross-functional teams to ensure smooth daily operations and maintain high service levels.
  
  
  
  

Your profile:

• University undergraduate student with an interest in the areas of Operations and Investment Funds.


• Self-motivated with an open mind to learn.


• Proficient in Microsoft office, especially Microsoft Excel. Knowledge of Vlook ups, macros, or Power BI would be beneficial.


• Excellent communication skills in English (written and spoken).


• Excellent analytical skills, numeracy literate and organized.