CURRICULAR INTERNSHIP

CURRICULAR INTERNSHIP - Advisory & Financing Solutions - Securitization Team

General Information

Job ID

112593

Company

UniCredit S.p.A

Competence Line

Client Solutions

Country

Italy

City

MILANO

Job Type

Working Students, Interns & others

Functional area

Investment Products & Strategies

Working time model

Full-time

Contact

Base Salary (gross)

1.000

The Securitisation team structures, executes and distributes asset-backed and capital-relief transactions across UniCredit's Italy, Germany, Austria and CEE footprint. The desk covers the full product range — true-sale ABS (auto, leasing, consumer, RMBS), synthetic / Significant Risk Transfer (SRT) trades, CLOs and financial-guarantee structures — working alongside clients, sponsors, rating agencies, investors and internal credit, capital and legal functions. The internship offers direct, hands-on exposure to live deal execution at investment-banking standard.

What you'll be doing

The intern will support senior bankers across the full transaction lifecycle — origination, structuring, execution and distribution — contributing to quantitative analysis, portfolio modelling, marketing materials and client- and committee-ready deliverables. This is a demanding, execution-focused role suited to a high-calibre candidate seeking a career in structured finance.

• Support the structuring and execution of ABS and SRT / synthetic securitisation transactions, from pitch to closing.
• Build and maintain cash-flow models, waterfalls, and portfolio stratifications; run scenario, stress and rating-agency sensitivity analyses.
• Analyse reference pools and collateral tapes (auto, leasing, consumer, corporate), assessing eligibility, concentration, credit enhancement and residual-value exposure.
• Prepare client pitchbooks, investor presentations, term sheets and internal credit / committee materials to investment-banking quality standards.
• Conduct market, peer and precedent-transaction research across asset classes, countries and originators.
• Develop and apply AI / machine-learning models to support pool analytics, data cleansing, portfolio segmentation, predictive credit and prepayment analysis, and automation of recurring reporting and documentation tasks.
• Liaise with internal stakeholders (credit, risk, capital management, legal, treasury) and external counterparties (rating agencies, law firms, investors) under supervision.

What you'll need to succeed

Qualifications & Experience

• Final-year undergraduate, Master's student or recent graduate in Finance, Economics, Engineering, Mathematics, Statistics, Data Science or a related quantitative discipline.
• Strong academic record from a leading university; coursework or experience in fixed income, structured finance, credit or financial modelling is a plus.
• Prior internship experience in investment banking, structured finance, capital markets, consulting or a quantitative role is advantageous.
• Solid understanding of financial statements, credit risk and, ideally, securitisation / regulatory-capital fundamentals (CRR / Basel, STS, SRT).

Technical Skills

• Advanced Excel and financial modelling (cash-flow waterfalls, portfolio analytics).
• AI / machine-learning competence: practical experience building or applying models in Python and using the AI prompting language; ability to translate large, messy datasets into decision-useful analysis and to automate workflows.
• Proficiency in data handling and visualisation; Excel and PowerPoint to a high standard.
• Bloomberg / Intex / rating-agency modelling tools a plus.

Personal Attributes

• Rigorous, detail-oriented and numerate, with strong analytical and problem-solving skills.
• Able to work autonomously and deliver accurate, well-structured output under deadline pressure.
• Clear written and verbal communication; capable of producing senior-audience materials.
• Team player with a proactive, ownership mindset and high professional standards.

Languages

• Fluent English (written and spoken) essential.
• Additional European languages, an advantage given the team's footprint.

What you’ll get in return

• Direct exposure to live securitisation transactions and senior deal teams.
• Structured on-the-job training and mentoring within a leading European bank.
• A pathway to a graduate for outstanding performers.

About UniCredit Group

UniCredit is 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 Empow