Global Liquidity and Cash Management Summer and Off-cycle Internship 2023

Learn how we support corporate clients, financial institutions, and the public sector to manage their working capital, optimise returns on surplus funds, and enhance their treasury efficiency.

Requirements

You will have achieved or will be on track to achieve a minimum of a 2:1 Degree classification / 3.2 GPA or higher or overseas equivalent to this. You will be UK nationally mobile. Be fluent in English.

Start date: March or June 2023

We encourage you to apply for your programme of choice as soon as possible, as we recruit on rolling basis and may close applications before the advertised date, if all vacancies are filled.

What you'll do

You’ll work with different teams to support clients ranging from small local businesses to large corporations, banks, and governments. We’ll help you develop expertise in product development, meeting clients, business, and risk management with one of the following teams: Sales, Product Management, Client Management, Business Management, and the Chief Control Office.

You’ll be responsible for supporting strategic initiatives as part of a larger workstream. And you’ll learn about HSBC’s products as you create internal presentations and support senior leaders. Top performers will be considered for our Global Liquidity and Cash Management Graduate Programme, which will provide you with future career prospects in transaction banking.

Who you are

You want to learn about optimising returns for clients and how banks support customers in their treasury and working capital management. The evolving trends in transaction banking and innovation in financial technology interest your curiousity. You’re a proactive self-starter, keen to learn and take advantage of opportunities to do so.

You’re also a team player with a collaborative attitude who builds trusted relationships and is driven by results. You’re familiar with PowerPoint and can use Excel to manage and analyse data, and you want to improve your skills in these and other software and systems.

What you'll learn

You’ll start with an induction to introduce you to banking, followed by sessions that provide understanding of corporate treasury, working capital management, and cash management fundamentals. You’ll also receive training on soft skills such as communication, networking, time management and personal branding.

We’ll show you how technology is transforming treasury management through AI, Distributed Ledger Technology, API, Cloud Services, and Robotic Process Automation. And you’ll learn about transaction banking regulatory environment frameworks, our product suites, and our client-centric approach. The products you’ll learn about are:

• Liquidity and Investments products – these enable clients to optimise balance sheets, maximise returns and streamline treasury processes. Some examples are Demand and Term Deposits, Notional Pooling and Cash Concentration, Liquidity Management Dashboard, and Cashflow Forecasting.
• Payments – these enable the collection and disbursement of funds for clients, domestically and across borders, and provide other value-adding services like Real-Time Payments, Virtual Accounts and Omni Channel collections.
• Cards – these enhance the visibility and control of client’s expenditures, such as with Business and Purchasing Cards.

You’ll also receive training specific to the team you’re placed in, for example, in Payments you’ll learn about the SWIFT network and how banks communicate with one another. You’ll work with the suite of Microsoft Office tools and develop strong Excel and PowerPoint skills, along with confidence in managing stakeholders and your time.

You’ll also gain in-depth technical knowledge about transaction banking. You’ll have plenty of opportunities for continuous learning and people to support you during your time with us so that you’re well prepared for your future.