Treasury Undergraduate Review

9:00 – Complete the opening figures (i.e. Bank reconciliation) and analyse any differences
9:20- Check the upcoming payments, record them in the Cash Sheets and check for external confirmations
10:10 – Check the maturities in the deal orders and input the projected income in the Cash Sheets
10:30 –Input the chap payments and update HSBC and VWB figures.
10:40 – Prepare the deal orders and send them for verification
Deadline is 11– Send the deals to Front Office
11-12:30 – Get the deals back, prepare the Payment Requests and send for checking
12:30-1:30-Send the deals for final authorisation
1:30 – Lunch
2:30 – Teams meeting
3:00- Input the payments requests into HSBC system
3:30 – Send the requests for final authorisation
3:45- Start with Back office tasks
4:00- Check if the payments went through and chase if needed
4:15 – Economic update. Read FT and see what is taking place on the market
4:45- Save the Cash Sheet
5- Update the interest rates file

I was very fortunate to have a very open minded team who agree on changing some of the businesses procedures in order to make the more efficient.
I got the chance to get extra work on the things that I am interested about and get a deep walk through with my team on how they work, what we want to see and what we want certain models to do.
This way I got their analysis on anything I didn't know before and help not only on understanding the business better, but on optimising it as well.

I learned more about finance, accounting, macro and micro economics.
I seriously improved my excel skills and got to work on stress testing, model updating and process automation.
I had a lot of sessions on how we hedge our positions, what are asset back securities and how they work.
We discuss with my line manager almost on a daily basis the interest rates forecasts and macroeconomic factors that affect them. I get an experienced opinion from my team on where the market is going and how we get ready for what's coming.

I was very fortunate to have a very open minded team who agree on changing some of the businesses procedures in order to make the more efficient.
I got the chance to get extra work on the things that I am interested about and get a deep walk through with my team on how they work, what we want to see and what we want certain models to do.
This way I got their analysis on anything I didn't know before and help not only on understanding the business better, but on optimising it as well.

The general atmosphere is very welcoming and warm.
Everyone is very open to talk to you and explain you anything that you are confused about.
The company definitely has a very strong culture on having a friendly environment at work and supporting progress.
The company also tries getting involved in charity, sustainability and corporate social responsibility (CSR) initiatives.

I loved my placement experience and received more than I expected.

Yes