Graduate Program

**Allgemeine Informationen**:

- Job Id
- 44617
- Unternehmen
- UniCredit S.p.A
- Competence Line
- Client Solutions
- Funktionsbereich
- Markets Products
- Standort
- MILANO
- Land
- Italien
- Kontakt
- P&C Client Solutions
- Jobniveau
- Absolvent:innen/ Junior Level & Trainees
- Arbeitszeitmodell
- Vollzeit
- Group Treasury's goal is to guarantee the liquidity stability within the Liquidity Reference Banks (LRB) of Italy, Germany and Austria as well as to ensure the necessary operative efficiency and the maximisation of the economics result from the management of market risks including the management of the bank’s liquidity portfolio.
- Group Treasury coordinates the activities of the Liquidity Reference Banks of Italy, Germany and Austria through a managerial reporting line from the local head of Treasury to the Responsible of the Group Treasury of UniCredit S.p.A. We have access to short-term liquidity markets (collateralised and non-collateralised transactions) and to the refinancing transactions with the European Central Bank (ECB). We manage the liquidity, settlement, rate and exchange risks created by unbalances of the banking book.Treasury is also the competence center for the Group’s Repo Business. In this function the unit named Treasury Client Driven Market Making enhances the focus on client driven business leveraging on a new global platform between Treasury UniCredit S.p.A., UniCredit BA and UniCredit Bank GmbH

**What you'll be doing**:

- Group Treasury is divided in following teams
- Liquidity & Short Term Interest Rate Management with the following mission:

- The management of the Liquidity, Settlement, Interest Rate and FX risks
- The management of the Liquidity Bond Portfolio (HQLA)
- The liquidity risk & settlement risk management and for participating to the ECB monetary policy transactions
- Medium Long Term Interest Rate management
- The desk mission is to manage the medium long-term interest rate risk and has the following addition responsibilities:

- to manage linear and non-linear medium long term interest rate risk (maturities greater than 1 year) arising from commercial asset and liabilities
- to manage the medium long-term liquidity portfolio.
- Intra Group Cash Pooling
- The desk manages and administrates flows from/towards all the legal entities within UniCredit Group and is responsible for the initial treatment of banking book interest rate risk positions which are transferred to the dedicated Interest Rate Management teams. It applies the internal transfer rate to Intra Group transactions and in coordination with the ALM function and other Treasury teams, calculates the transfer price for special customer deals.
- Treasury Client Driven Market Making
- The Desk’s mission is to manage customer related business providing the coverage functions (e.g. FIG) and the Markets Sales desks (e.g. Distribution Italy) with services (e.g.pricing and booking) on Group Treasury products as well as to foster other liquidity channels liaising with Liquidity & Short Term Interest Rate Management

**What you'll need to succeed**:

- Relevant work/internship experience preferably related to fixed income products, asset management, risk management
- Excellent university degree and academic records
- Relevant international experience
- Full time availability
- Availability for international mobility
- Confidence to take on early responsibility
- Fluency in English is a prerequisite. Knowledge of an addidtional languages is a plus.

**What you'll get in return**:

- You will enjoy increased responsibility and opportunities for growth
- On-the-job experience: work on deals that matter
- Networking: building relationships that matter
- Dedicated learning journey: learn fast, move forward
- International experience: leverage our international diversity
- Different target areas and rotations: explore your potential
- Competitive compensation package and permanent local contract: be empowered to grow

**About UniCredit Group**:

- Die UniCredit ist eine paneuropäische Geschäftsbank mit einem einzigartigen Produkt
- und Service-Angebot in Italien, Deutschland sowie Zentral
- und Osteuropa. Unser Ziel ist, die Gesellschaft dabei zu unterstützen sich weiterzuentwickeln, indem wir allen Beteiligten das Beste bieten und so ein besseres Morgen für unsere Kund:innen und unsere Mitarbeiter:innen in ganz Europa schaffen. Wir betreuen mehr als 15 Millionen Kund:innen weltweit. Sie sind das Herzstück unserer Arbeit in unseren Märkten. Die Digitalisierung und unser Bekenntnis zu den ESG-Grundsätzen sind wesentliche Voraussetzungen für unsere Dienstleistungen. Sie unterstützen uns dabei, unsere Stakeholder hervorragend zu begleiten und eine nachhaltige Zukunft für unsere Kund:innen, die Gesellschaft und unsere Mitarbeiter:innen zu gestalten. Als Arbeitgeber bieten wir Chancengleichheit. Gemeinsam gestalten wir ein Arbeitsumfeld, das vielfältiges Denken und inklusives Handeln begrüßt. Indem wir allen Stimmen Gehö