Co-Op, Corporate Treasury The Vertex Summer Internship Program offers students the opportunity to learn about the pharmaceutical industry from a hands-on perspective. You will be working closely with and learning from some of the brightest people in the industry. When you join our internship program you should not be surprised to see that our environment is one that is innovative and team oriented, where collaboration is not just a word, and "we are fearless" is in everything we do. Students can expect to be challenged by their summer project plan, connect with other interns, and feel valued by the Vertex community. Not only will interns learn about their day-to-day tasks through their specific work assignments, but they will interact and have exposure to our organizational leaders and their teams through a series of Professional Development Workshops.
Be FEARLESS... Join us and help kick start the path to your career!
Co-op Program: 6 Month Commitment (January – June 2020), Full Time, 40 Hours/Week
Aid in management of foreign exchange risk hedging program: compile the quarterly cash flow and monthly balance sheet hedge plans, confirm the foreign currency contracts with the counterparties and update treasury management system.
Help prepare bank account documentation and monthly instructions to external investment portfolio managers.
Assist with implementation and integration of a new provider of commercial banking services
Support balance sheet cash forecasting process: collect, analyze and aggregate the inputs on global liquidity and cash spend from a diverse group of corporate stakeholders.
Facilitate preparation, remittance and accurate recordkeeping of treasury payments, including periodic interest and capital lease payments, funding of foreign subsidiaries and settlement of foreign currency trades.
Liaise with Corporate Accounting to ensure timely and accurate financial reporting related to global liquidity, foreign exchange hedging and credit arrangements.
Play an active role in the collateral documentation, implied cost of borrowing analysis and execution of new capital lease transactions.
Take part in monitoring, updating and testing of internal controls related to Section 404 of Sarbanes-Oxley Act of 2002 for Corporate Treasury.
Outstanding analytical capabilities and problem solving skills.
Exceptional written and verbal communication skills.
Aptitude to manage competing priorities and meet expected deadlines.
Advanced MS Office skills, including intermediate Excel and PowerPoint expertise.
Genuine interest in corporate finance and financial risk management.
Strong work ethic, diligence and desire to learn.
Ability to follow through and carry projects to completion.
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.