Funding & Capacity Intern at R&T Deposit Solutions in New York, NY

Summary: R&T Deposit Solutions is a privately held financial technology company based in New York City. The Funding & Capacity team is seeking a highly motivated intern to support the team while gaining exposure to various functions within the department. Responsibilities: - Assist senior team members with client needs and inquiries - Track financial market interest rates such as Fed Funds, Repo, Money Market Funds, FHLB as well as other FDIC program providers - Perform maintenance and verification of internal rate indexes based upon external benchmarks such as Fed Funds, SOFR & Treasuries rates - Monitor the liquidity and capacity of the R&T program balances to help ensure sufficient levels are met in each program - Prepare & distribute requested client reporting in a timely manner - Build an understanding of the various interconnected components of the FDIC products - Assist with the daily tasks of the team and ad-hoc projects to support F&C initiatives Required Qualifications: - Currently pursuing a degree in Business, Finance or related fields with a GPA of 3.0 or higher - Ability to work both independently and well in a team environment - Strong analytical and problem-solving skills - Excellent communication skills - Accuracy and attention to detail - Strong organization and time management skills - Experience with Microsoft Office suite of products. Specific knowledge working in Excel - Knowledge and understanding of the banking industry and financial markets Required Skills: Financial analysis, Microsoft Excel Important Skills: Banking industry knowledge, Analytical skills Benefits: Hands-on experience within the FinTech industry, Mentorship and guidance from experienced professionals, Networking opportunities with industry leaders and professionals, Opportunity to work at a fast-growing, private equity-backed company