2023 Deutsche Bank Summer Internship: Investment Bank: FIC Sales, Trading & Structuring
- About Deutsche Bank:
Deutsche Bank is the leading German bank with strong European roots and a global network. We're driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world. We serve our clients' real economic needs in commercial banking, investment banking, private banking and asset management. We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity. All this means a career packed with opportunities to grow and the chance to shape the future of our clients.
The Deutsche Bank Internship programme:
At Deutsche Bank, we're changing what it means to be a bank. We're looking for creative thinkers who are ready to transform an industry from day one. Through our internship, you'll get a taste of what life is like on our Graduate Programme. You'll learn and develop your skills every day, but you'll also have a clear and supportive path ahead of you. You'll gain the confidence to take on real projects, build your network and learn from senior leaders across our business. You'll also see how important diversity and inclusion are to our success and how that translates into innovation you can see. If you're looking for a head start in your finance career, this is your chance to learn first-hand how and what we deliver for an exciting range of clients worldwide.
About the business division:
Discover the world of financial markets with an internship in our Fixed Income & Currencies (FIC) division. Here we bring together a top-ranked institutional sales force and 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. Our teams work together in collaboration to ensure our clients achieve their goals.
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. As market makers we offer clients liquidity across Cash, Swaps, Options and Repo desks, leveraging product expertise through our Global Sales, Trading & Structuring teams. As a macro trading desk, Rates dynamically reacts to the economic environment and is a fast paced and increasingly electronic world. Our product range covers a suite of cash and OTC products and provides one of the best foundations to understand financial markets.
Deutsche Bank's global Credit trading business enables clients to meet their investment objectives 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.
Global Emerging Markets
Deutsche Bank's EM business is a truly global enterprise, operating a hub and spoke model to leverage deep pockets of expertise in emerging economies around the world. The business syndicates and trades risk across a vast product spectrum, from FX, interest rates, bonds and structured solutions, to help our clients manage their risk and grow their businesses.
About the internship
As an intern you'll be given the opportunity to learn about our business from different viewpoints, giving you a career advantage from the get-go. Kicking off the internship with a week of training, you'll learn the skills needed to equip you for your time on the desk. Our rotational program allows you the opportunity to discover the depth and breadth of the Fixed Income franchise across Sales, Trading & Structuring desks. Rotations will depend on the needs of our business but you can be sure you'll gain a real understanding of the work we do, adding value and gaining insight along the way.
Your experience in FIC might include pricing products for traders, preparing financial data analysis, pitching trades to the team, participating in client calls or refining the way we do forecasts. In addition, you could be involved in live deals, exploring new private financing & lending opportunities, preparing marketing materials for clients, and reviewing deal pricing and structure comparisons. The possibilities are endless so 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
• Risk Management Solutions
What we look for:
We're looking for enthusiastic, driven students with a thirst for knowledge and a desire to problem solve. Strong communication skills and a passion for the world of finance will allow you to thrive in our collocative, fast paced, and innovative teams.
Our people have degrees in many different disciplines from across the world so even though good levels of numeracy are important for some roles, you don't necessarily need a formal mathematical or financial background. Our extensive training programmes will give you all the technical knowledge you'll need to build a career with us. Above all, we're looking for entrepreneurial students who thrive best in a diverse culture where innovation and agile thinking abound.
Collaborate with some of the best minds in banking and help our clients achieve their goals. You already have a record of outstanding academic achievement and you're eager to go on learning at the same intensive rate so join Deutsche Bank, start your career and thrive.
Please note that you must be in your penultimate year of study to apply for our 2023 Summer Internship Programme (i.e., graduating between August 2023 to July 2024). Applications close 2 October 2022, 23:45 HKT/SGT.