Graduate Program - FX Liquidity Management - Group Treasury

Apply as Graduate Program - FX Liquidity Management - Group Treasury General Information Job ID 44617 Company UniCredit S.p.A Competence Line Client Solutions Country Italy City MILANO Job Type Graduates / Juniors and graduate program Functional area Markets Products Working time model Full-time Contact P&C Client Solutions 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 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. 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 UniCredit is a pan-European Commercial Bank with a unique service offering in Italy, Germany, Central and Eastern Europe. Our purpose is to empower communities to progress, delivering the best-in-class for all stakeholders, unlocking a better tomorrow for our clients and our people across Europe. We serve over 15 million customers worldwide. They are at the heart of what we do in all our markets. Digitalisation and our commitment to ESG principles are key enablers for our service. They help us deliver excellence to our stakeholders and creating a sustainable future for our clients, our communities and our people. We are an equal opportunity employer. We stand together in nurturing a workplace that welcomes diverse thinking and inclusive behaviors. Making all voices heard and leveraging "diversity of thought" regardless of gender identity, age, race, ethnicity, sexual orientation, ability, cultural background, we ensure sustainable growth and new business opportunities, a strong drive for innovation and creativity, as well as a general improvement of the work climate with positive impact on productivity, well-being and engagement of our people. J-18808-Ljbffr J-18808-Ljbffr

Location: la-spezia, IT

Posted Date: 6/28/2025