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Caymanians Offered Internship Opportunities in the Financial Industry


Caymanians Offered Internship Opportunities In The Financial Industry
30 December 2020, 04:25 AM
Business
Workforce Opportunities & Residency Cayman (WORC) continues a long-standing partnership with MUFG Investor Services which provides paid internship and apprenticeship opportunities for young Caymanians in the financial services industry.
MUFG Investor Services’ Executive Director Lenin Perumalsamy says “It is true that you can succeed best and quickest by helping others to succeed. We started this tradition with WORC and would like to see this program grow steadily and meet the longer-term goals of organically growing skilled workers and professionals within the local financial services industry.
In their day to day duties, we engage/train our interns on our technology platforms and cash/positions reconciliation between Brokers and Administrators. These reconciliations give insight into Investments/Securities and the cash flows. This is the fundamental knowledge interns acquire before moving into other areas of data management. Upon completion of their Internship, successful candidates will be provided an Apprenticeship up to 2 years. During Apprenticeship, candidates will develop knowledge on trade capture, pricing investments, etc. Once that’s completed, exposure to Net Asset Value (NAV) preparation and publishing are next.

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