Internship | Analyst | IB: FIC Sales, Trading & Structuring
Deutsche Bank is the leading German bank with strong European roots and a global network. We serve our clients’ real economic needs in commercial banking, investment banking, private banking and asset management. We’re investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity.
Fixed Income & Currencies (FIC) brings together a top-ranked institutional sales force, world-class research with trading and structuring expertise across Foreign Exchange, Rates, Credit and Emerging Markets. The Fixed Income & Currencies business enables Deutsche Bank to respond to increasing automation, regulatory expectations and client demand for standardisation and transparency in execution across fixed income, currency and emerging markets. Foreign Exchange Deutsche Bank is an industry recognised leader in the foreign exchange business. Our client centric approach helps us to serve the needs of our customers across the full product spectrum from basic liquidity provision in the spot market to innovative derivative solutions for both asset and liability managers.
Deutsche Bank’s Rates business provides a comprehensive range of fixed income securities and OTC derivatives. We give clients access to the Bank’s liquidity and product expertise through our global sales, trading and structuring teams, as well as our electronic trading channels and clearing offering. Our product range includes Government, Agency and Mortgage-Backed Securities (MBS) as well as a suite of interest rate and inflation derivative products. Our Credit trading business enables clients to meet their investment goals and manage credit risk. With industry-leading expertise in market-making and credit valuation, we offer clients a wide range of products across Flow Credit, Distressed Products and Structured Finance Trading. Products traded include bonds, loans and claims, ranging from the strongest investment grade issuers through high yield to distressed assets. Our Structured Finance experts provide structured risk and non-flow financing solutions for clients across multiple industries and asset classes. Our emerging markets business offers a fully-integrated and global product platform. With unrivalled breadth and superior execution capabilities, we are dedicated to making markets and providing client solutions in a wide range of EM products. Our product range includes external debt and Credit Default Swaps (CDS), FX, Rates, Options and the more complex cross-market derivatives covering multiple EM jurisdictions.
Our interns are given the opportunity to learn through 2 x 8 week rotations across FIC. Your day-to-day tasks will vary depending on your role and the desk you’re working on. Whichever areas you experience, the internship is an ideal way of finding out whether a career in these businesses meets your needs and aspirations.
Areas in which you could work:
* Fixed Income & Currencies (Trading & Structuring)
* Institutional & Treasury Coverage (Sales)
Although there’s no application deadline, we advise applying ASAP to avoid disappointment. We review applications on a rolling basis, meaning we’ll review new applications as and when they’re submitted, and reserve the right to remove this job description if we have sufficient applicants to fill our roles. Please be prepared for a short wait during the process whilst we consider your application alongside others.
We recruit highly intelligent graduates who are ambitious and adaptable. They have degrees in many different disciplines. Even though good levels of numeracy are important, you won’t necessarily need a formal mathematical or financial background. We have very comprehensive training programmes that will give you all the technical knowledge you’ll need to build a career with us. Above all, we’re looking for entrepreneurial people who thrive best in a diverse culture where innovation and agile thinking abound.
You should not only be passionate about the world of finance but show a keen interest in your chosen field. You already have a record of outstanding academic achievement and you’re eager to go on learning at the same intensive rate.
In your cover letter, don’t forget to mention any Deutsche Bank events/workshops/webinars you’ve attended and include colleagues by name. Show your understanding of and interest in FIC whilst referencing our global footprint, deals, recent news or results plus a genuine research in our values and culture and how they align to yours. Displaying leadership skills or roles of responsibility through hobbies, extra-curricular activities or work experience (paid/un-paid, voluntary, within financial services or not) is key.
