
Intern Repackaging & Collateralised Financing Structuring (f/m/d)
Estimated take-home
Monthly net after taxes & social security
€1,726/mo+
See tax calculatorRequired skills
Job description
HypoVereinsbank - UniCredit - Deutschland posted this role. Below, we break down what it means for a working student in Munich: your weekly hours, take-home pay and visa limits.
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Description provided by HypoVereinsbank - UniCredit - Deutschland
Job-ID: 112587_EN
The business unit Institutional & Cross Asset Structuring is part of Institutional Distribution Solution and combines the structuring expertise for institutional clients of UniCredit Client Solutions Client Risk Management & Treasury across various asset classes.
We structure tailor-made products for our institutional clients in FX, equities, fixed income and credit. The Repackaging & Collateralized Financing Structuring team is based in Munich, Milan, and London. It deals with repackaging transactions delivering a desired cash flow to investors either via off-balance sheet means like special purpose vehicles, securitization funds or various on-balance sheet solutions such as Reference Asset Linked Notes/Certificates. Collateralized Financing includes all kind of financing transactions where security collateral is involved – from repo /reverse repos / security lending to pledges / guarantees, and derivatives (like forwards, total return swaps).
What you can expect from us
- Support in organizational topics, such as management reporting and data analysis.
- Support the team in creating client presentations and documentation of transactions.
- Ongoing work on advanced excel-based data bases.
- Get insights into pricing and documentation.
- Learn about different client solutions and regulatory drivers.
What we expect from you
- Study in Finance, Economics, Business Administration, Mathematics or Law or related studies.
- Interest in investment banking and the financial markets business in general.
- Ability to work within a demanding and dynamic team environment while maintaining attention to detail, even under pressure.
- Ability to prioritize multiple tasks, meet deadlines and work with minimal supervision.
- Proactive and solution driven attitude.
- Excellent MS Office skills.
- Programming skills in VBA are a plus.
- Knowledge with regards to derivative products is a plus.
- Analytical and conceptual abilities such as the ability to proceed in a pragmatic and structured way.
- Very good English and German language skills.
- Please include an up-to-date overview of your lectures and grades in your application.
Our offer to you
- #UnleashYourPotential - With us, you are guaranteed a steep learning curve. In your multifaceted internship, you can supplement your theoretical knowledge from your studies with practical insights and thus find out where your passion lies. * #EnjoyNetworking - From day one, you will be part of a vibrant community and a great team that supports each other. In addition to your day-to-day job, numerous events await you where you can make contacts in all areas and divisions of the bank. * #BalanceYourLife - Digitization and flexibility shape our modern working world. Design your working life with flexitime the way it suits you best: Whether in the office or remotely. * #MakeInnovationHappen - FinTechs, Big Data, Bitcoins: Banking is evolving rapidly. Actively shape the digital transformation of one of the most change-driven industries by contributing your fresh perspective and innovative ideas. * - We don't just accomplish our work, but experience and shape it together. As a real team, we communicate at eye level #CallMeByMyFirstName, value every opinion and are convinced that success is based on people empowerment. * #EmpowerCommunitiesToProgress - We are committed to sustainable and social values: Social Impact Banking and Sustainable Finance are part of our DNA. Because for us, creating value means more than just creating financial value. * #ComeAsYouAre - We actively promote fairness and inclusion and create equal opportunities for all colleagues. By signing the "Charta der Vielfalt" and the Valuable 500, we clearly commit to diversity and inclusion. Our employee networks foster open exchange, because we firmly believe diversity is a key success factor. The individual strengths and experiences of our colleagues are our most valuable asset - and our competitive advantage. During your internship, you will receive a monthly compensation of EUR 2,400 gross based on full-time employment, which meets at least the applicable statutory minimum wage. This applies regardless of whether the internship is mandatory or voluntary.
HypoVereinsbank is part of UniCredit, a pan-European leading commercial bank providing best-in-class solutions and services across Italy, Germany, Austria, and Central and Eastern Europe. Our Vision is to be the Bank for Europe's Future. Our Purpose is to Empower Communities to Progress, delivering the best-in-class products and services for all stakeholders, unleashing the potential of our people and our clients across Europe. Our shared Culture unites our people across all countries, empowering teamwork, driven execution and ambition through Ownership, Integrity and Caring.
Join our team and take an active part in shaping the Bank for Europe's future!
Working student essentials
What this Finance internship in Munich means for you: the pay rules, the social contributions, and what international students should check before applying.
Weekly hours
Internships have no 20-hour cap, but a voluntary internship longer than three months generally has to pay at least the German minimum wage. Mandatory internships in your study programme are exempt.
Working student rulesSocial contributions
Mandatory internships are largely exempt from social contributions. Voluntary internships are treated like regular employment once they run long enough, so contributions usually apply.
Check your insuranceInternational students
Non-EU students can work 140 full or 280 half days per year (raised from 120/240 in March 2024). A working student contract usually fits within this — confirm the exact limits printed on your residence permit.
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