Experience:
No experience
Employment Type:
Intern/Co-op
Posted:
9/6/2019
Job Category:
Education
Citi Summer Internship Program - New Castle, DE
(This job is no longer available)
Citigroup | New Castle, DE
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Job Description

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.

As the preeminent global financial services company, Citi has over 200 million diverse clients - including some of the most influential names in the business world. The benefits of our size add up to a lot more than a collection of statistics. The proportions of our business place us in a unique position. For over 200 years, we've brought together some of the world's most successful and diverse financial companies to form one Citi with unparalleled strength across over 100 countries in four regions: North America, EMEA (Europe, Middle East and Africa), Asia-Pacific and Latin America. Please visit our website for more information at: www.citi.com.

Program Description:

This paid summer internship will span 10 weeks. As a Summer Intern, you will get the chance to contribute as a member of the team in which you are placed and have responsibilities similar to a first year professional.

Selected interns will work within one of the business units detailed below.

* The following list of business units are subject to change

Client Service

Client Service provides best in class servicing experiences through proactive engagement, partnership, and innovation; delivered through a client-centric organizational construct leveraging innovative technologies and a culture of exceptional client care. Client Service provides post-go-live and ongoing relationship and product based services to our Citi Transaction Services Cash Management Customers; providing multi-product service capability including funds transfer, disbursements, lockbox, automated clearing house, and check collections.

Global Loans

Global Loan Operations North America provides operational support for Citi originated corporate loans, syndicated loan agency servicing and par & distressed loan trading activity originated from the respective desks in North America.

Public Sector

Public Sector provides critical document and payment processing services including mail receipt, document preparation, data enrichment, remittance processing, and outbound shipping of work supporting the Public Sector.

TTS Payment/Receivable Operations

TTS Payment Receivable Operations consists of Electronic File Services, Controlled Disbursements, and US Depository Services. Electronic File Services supports the Electronic Data Interchange (EDI) & Automated Clearing House (ACH) products. Controlled Disbursements provides clients with the ability to maintain zero-balance checking accounts, funded daily to prevent overdrafts and maximize liquidity. US Depository Services allows for Citi clients to make deposits via other banking institutions (correspondent banks).

Account Services Operations

The mission of Account Services Operations is to deliver the best experience to clients while at the same time ensuring strict adherence to the firm's account opening regulatory, risk, and compliance polices relating to opening, maintaining, and closing accounts. As an operations unit, we are responsible for the end-to-end processes from client engagement through to account data maintenance within a variety of platforms across the globe.

TTS Ops Controls

TTS Operations Controls provides independent risk & control oversight and support to client operations through engaged partnership. TTS Ops Controls provides policy application support and education; acts as an advisor on process and control design for existing and new processes/products; conducts periodic Controls reviews to evaluate control design and operational effectiveness of controls; and provides risk & control reporting to assist managers in monitoring key risks.

Responsibilities:

Summer interns are integrated as full-time team members of the business unit in which they are placed and undertake responsibilities within most aspects of their team. Additionally, interns are responsible for ad-hoc projects throughout the course of the summer, which they will be required to present on at the end of the internship. Additionally, there will be a full calendar of events designed to foster teamwork and create networking opportunities with fellow interns and senior leaders within Citi.

Desired Skills:

Successful Summer Interns represent a broad spectrum of disciplines but share many common traits. They include:

* Positive attitude and desire to Be the Best
* High energy level
* Record of achievement (academic and otherwise)
* Strong work ethic
* Effective written and oral communication skills
* Strong analytical skills
* High level of proficiency with Microsoft Office products - specifically, Outlook, Word, Excel, and PowerPoint. (Microsoft Project, SharePoint, and Access are a plus.)

Qualifications:

All Citi Delaware Summer Interns are actively pursuing their bachelor's degree and will graduate between December 2020 and June 2021.

Degree/Major(s): Bachelor's Degree/All disciplines are welcome

GPA: 3.0 or higher

Work Authorization: US Citizen or Permanent Resident

Compensation: Competitive

Location(s): New Castle or Newark, DE

The following business unit is looking for candidates who are actively pursuing their bachelor's degree and will graduate between December 2021 and June 2022.

Tax Information Reporting Unit

The FRSS Tax Information Reporting unit is a centralized Technology and Operations solution Utility to support global tax compliance across 85+ countries covering 500+ accounts and creating a consistent client experience on U.S. tax matters. The scope of work is client perspective and sensitive with deep regulatory impact for the firm.

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Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity CLICK HERE.

To view the "EEO is the Law" poster CLICK HERE. To view the EEO is the Law Supplement CLICK HERE.

To view the EEO Policy Statement CLICK HERE.

To view the Pay Transparency Posting CLICK HERE.