Citi Summer Intern 2018 (Treasury Funding) in Budapest, Hungary

  • Primary Location: Hungary,Budapest,Budapest

  • Education: High School Diploma/GED

  • Job Function: Operations

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Temporary

  • Travel Time: No

  • Job ID: 18020795


We are currently looking to hire students for our Summer Internship Programme to our Budapest office in Hungary .


This Treasury Funding Internship Program is primarily aimed at students in their final year of university (though exceptional candidates at an earlier stage of study are going to be considered) and takes place in our Budapest office. This is a 3-month program running between mid-June and mid-September 2018.

At present time we are only accepting candidates who can work with us full-time throughout the program .

Job purpose:

Treasury Funding’s primary responsibility is to ensure effective cash management of Citibank’s Nostro accounts across Western Europe by compiling and analyzing currency positions within the day, and by reconciling previous days’ positions.

Key responsibilities:

  • To provide accurate and timely funding projections and, if needed, initiate liquidity transfers accordingly

  • Monitor Nostro Account balances and align reporting to Market Cut-offs

  • Review and analyse complex transactions both intraday and during reconciliation

  • Effective communication with departments whose work is related to Nostro cash management, including the Risk Treasury trading desk

  • Timely resolution of any reconciliation issues

  • Timely and effective escalation of all issues

  • Reconciliation of Nostro accounts

  • Claiming Interest costs from erring parties

Development Value:

  • Diverse positions in the areas of Treasury Funding

  • Improvement of multitasking, stress handling and analytical skills

  • Gaining knowledge of numerous Citibank products and processes through their effect on cash management

This is a paid, tax effective internship program and remuneration is considered competitive amongst similar internship roles available in Hungary.

Exceptional interns may be offered a permanent junior level role.


Students must apply online. As spaces are severely limited, early application is advised.


  • Currently completing a BSc/MSc at a Hungarian higher education institution (with a valid Hungarian student ID card) in Accounting, Finance or similar

  • Strong mathematical or analytical background

  • Excellent spoken and written English + Hungarian (plus German is an advantage)

  • An understanding of the Corporate Treasury business would be highly beneficial

  • The candidate is expected to be dynamic, flexible and a quick learner as the business requires candidates to be able to learn and perform multiple functions parallel

  • Strong PC skills in Excel, Word and Outlook. Training will be provided on other systems used within this position

  • A desire to learn

  • Precision, keen attention to detail

  • Good interpersonal skills

  • Good time management skills and be comfortable dealing with staff at all levels including senior management