Analyst Internship Program - IB: FIC Sales, Trading and Structuring - Summer 2021

Deutsche Bank is Germany's leading bank with strong market positions in Europe and significant presence in the Americas and the Asia-Pacific region. We’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity. We serve our clients’ real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management.  That means a career packed with opportunities to grow and the chance to shape the future of our clients.

About your Internship

An internship at Deutsche Bank is your stepping stone to success and your first look into what life is like on our Graduate Programme. You’ll become part of a collaborative and inclusive workplace as you build on your technical and interpersonal skills, take on real responsibilities, hear from senior leadership through our speaker series, work on live projects, grow your network and learn first-hand how we deliver for our clients.  If you want the opportunity to shape your own career as well as the future of the financial industry, then we will give you the platform and foundation to do so. Successful interns will be invited to join the Deutsche Bank Graduate Programme.

About the Division

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

Rates
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

Credit
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

Emerging Markets
Deutsche Bank’s 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.

The role

Our interns are given the opportunity to learn about the different fixed income products along with the different profiles of our team members, including Sales, Trading & Structuring.  Starting with up to a week of classroom-based training, you’ll then complete up to [THREE] rotations across FIC.

Your day-to-day tasks will vary depending on your role (Sales, Trading & Structuring) and which desk you are with,

• Trading: Focused on origination, pricing, execution and risk management
• Sales: Focused on client relationship management & connectivity, driving both origination & distribution for the FIC business lines
• Structuring: Focused on origination, structuring, underwriting and syndication of a range of financing products

Whichever areas you experience, the internship is an ideal way of finding out whether a career in these businesses meets your needs and aspirations.

Your qualifications

We recruit highly intelligent interns who are ambitious and adaptable. They have degrees in many different disciplines. Even though good levels of numeracy are important for some roles, 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 also 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. So you’ll thrive on working in a highly collaborative environment with some of the best minds in banking.

For candidates applying for positions in the US:

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance.  We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.