This listing was posted on Tip Top Job.
Intern International Treasury (Duration: 12 months, Start Date: June 2024)
Location:
Hammersmith, Gt Lon
Description:
Wyndham Hotels and Resorts is now seeking an Intern International Treasury to join our team in London, UK. The Internship The Intern International Treasury will be part of the three:person International Treasury team based in London which itself is part of the Global WHR Treasury team. The Intern is responsible for the following daily procedures: :Responding to the requests of In:House:Bank (IHB) and netting participants:Preliminary reports for monthly netting cycle:Intercompany loan administration:Provision of information for month end accounting purposes:Maintenance of the Treasury Management system's participant information:Daily cash positioning:Assisting in projects to improve the Treasury infra:structure:Fielding queries from the WHR international divisions Responsibilities 1. Daily cash managementAscertaining account balances and recommending the positioning of funds 2. Global in:house banking :Conducting cash consolidation operations and the monthly netting cycle with participants and providing information to various accounting teams:Money market and debt issuance operations 3. Business unit liaisonAssisting colleagues in the business units with general Treasury and banking related queries including administration of various banking systems 4. Clerical dutiesMaintenance and update of bank account mandates and general databases 5. Internship Group Project: all Interns will be involved in a business:critical project during their internship 6. Support the employee engagement committee in organising activities/ initiatives under 3 pillars: People, Community and Sustainability Scope and financial responsibility:Global business of more than 9,000 affiliates (809,000 rooms) and turnover of circa USD 1.4 billion:2 international divisions (EMEA, APAC) and an international sub:division (LATAMC) with circa 2,300 affiliates (264,000 rooms) Travel requirements Within London and British IslesVisiting syndicate banks, and possible new entrants, for relationship purposes and to explore new products they may be able to provide WHR and/or its subsidiaries with, or alternative solutions to existing processes. The vast majority of such trips will be within London and the close surrounding area (10+ trips). EMEAVisiting regional offices and participating in projects or EMEA team meetings (1+ trips) Key competencies Alongside the professional competencies outlined below, the successful candidate will demonstrate the fundamentals of Wyndham Hotels and Resorts' Count on Me Service Culture to be Responsive, Be Respectful and Deliver a Great Experience. This will form the cornerstone of their approach as they carry out all tasks with the Count on Me Building Blocks in mind;Compassionate, Engaged, Dependable, Courteous, Engaged, Inclusive, Hospitable, Prepared and Personalised. :Business Awareness and Acumen: understanding Business Unit needs and aligning these to corporate requirements:Entrepreneurial Skills: negotiating between beneficiary, receiving and correspondent banks to ascertain where issues have lay in the circumstances of late payment or non:delivery of funds:Internal and External Relationship Development: working with the Treasury contacts at the BU's on liquidity management and other issues Minimum requirements and qualifications:University Graduate degree (or studying towards) in Finance, Accounting, Economics, Business or related field:Previous experience within a finance role either as a previous internship or as holiday work experience:Knowledge of banking software such as Barclays.net, JPM Access and Bank of America CashPro as well as Treasury Management Systems such as Kyriba would be helpful.:Good knowledge of Microsoft Word, Excel and PowerPoint is required.:Excellent communication skills (both written and oral), good numeracy skills, good cultural awareness given the gl
Industry:
Insurance
Posted:
May 1 on Tip Top Job
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