UNICREDIT BANK AG / International Internship Program – Product control Milan

Stage/Tirocinio Tempo Pieno
 

Banca UniCredit

 

Posizione

Program Description:

The International Internship Program is the initiative launched by the UniCredit Foundation in collaboration with UniCredit, which offers the most brilliant students the opportunity to carry out a curricular internship from 3 to 6 months in one of the Group countries in different business areas:

– Corporate and Investment Banking

– Commercial Banking

– Finance and Controls

– Operating Functions

Tasks:

Milan Markets Planning and Controlling team is responsible for running the day to day Profit & Loss control of businesses in scope of Markets Italy SpA and UniCredit Bank AG Milan Branch, performing daily Economic and IFRS P&L reporting, analysis and explanations for CIB Italy Markets and F&A products.

In this position successful candidate will support Milan Markets Planning and Controlling team in the two main areas:

  1. project to enhance the Monthly Reconciliation process of Trading P&L (Economic vs Accounting P&L) – working together with team and IT consultant to enhance the SQL based Tool, improve the processes and support with documentation
  2. support team on production and analysis of Daily P&L for CIB Markets Trading Desks

Area Description:

Global Markets is a critical and dynamic component of the Corporate & Investment Banking (CIB) value chain. It serves as the product factory for all Markets related products and instruments for the Group including coverage of institutional investors, corporates and networks  for distribution.  With a cross-asset class solution approach, including FX, CEE, Rates, Credit, Equity Derivatives and Commodities, the changing needs of our institutional and corporate clients are addressed with an offering of plain vanilla products as well as tailor-made

What are the key tasks:

  • Contribute to the enhancement of the reconciliation process: by improvement of the SQL based tool, substantiation with solid documentation, identification weak areas and working together with team and IT consultant on remediation of issues in place
  • Perform analytical review of daily P&L (e.g. P&L decomposition by risk factors, IFRS P&L components development, etc.), ensure timely trader sign-off and produce commentary and analysis for stakeholders
  • Run proactively investigation of P&L relevant issues for desks & products in scope (e.g. IRS, IR Options, Futures, Repos, BTPs), interact with Trading, Risk, Finance and Accounting

Participate in business initiatives and Markets Planning & Controlling projects

Requisiti

The ideal candidate

  • University student attending a Bachelor or a Master – at least enrolled in the 2nd year of Bachelor
  • Excellent academic records
  • Fluency in English and italian
  • Full-time availability
  • Learning agility, outstanding team working and communication skills, analytical mindset
  • Academic studies with a focus on finance/banking or equivalent with strong academic record
  • Proficient skills in VBA and SQL
  • Knowledge of financial instruments and understanding of their P&L valuation
  • Keen to work within a multi-national team
  • Analytical and quantitative skills
  • Self-responsibility and accuracy in working with numbers
  • Availability from April 2021

Esperienza

Not Important

Formazione

University

Il presente annuncio è rivolto ad entrambi i sessi, ai sensi delle leggi 903/77 e 125/91, e a persone di tutte le età e tutte le nazionalità, ai sensi dei decreti legislativi 215/03 e 216/03.

Per candidarti a questa offerta visita ucjobs.unicredit.eu.