Mediobanca is the leading investment bank in Italy. Internationally our footprint includes branches in London, Madrid, Paris and New York. Since Mediobanca was founded in 1946, we have been helping Italian businesses growth with premier advisory services and a complete range of credit solutions, offering customized services and the most sophisticated solutions on financial markets, from advisory to lending, capital markets to specialty finance.
With our long-standing presence, solid market position, distinctive specialization, excellent service quality and professionals of the finest calibre, Mediobanca’s corporate customers know they can count on the excellence and exclusivity that have earned us an impeccable reputation over time.
Our clients include some of the leading business groups in Italy, plus a significant number of mid-size corporates, to whom we have devoted particular attention over the past ten years. Increasing focus is also being placed on our international clients, for both their cross-border needs and domestic operations.
We have introduced new products and targeted new clients in order to meet the challenges posed by today’s highly competitive financial markets. As ever it is our clients, along with our professionals and the soundness of our finances, which represent the core values of Mediobanca
Position Description:
In Mediobanca, the Financial Engineering group sits in the wider Markets division. The Markets division operates in all the major asset classes, developing sophisticated solutions to help clients manage financial risks and increase their returns.
The intern will be involved in the following activities:
research on cutting edge topics both on quantitative finance problems and on statistical data analysis ones. Techniques involving stochastic calculus or machine learning are developed and tested to support the trading operations in London and Milan. Typically the problems encountered involve valuation and risk-management of complex derivatives instruments.
Implementation of in-house models and their maintenance – both new models and extension/updates of existing ones. This will involve on the one hand integration of FE’s library models in the bank’s official systems and a close collaboration with IT. On the other hand model developments are discussed with the Risk Management (validation group).
Requirements Description:
Ideally MSc of PhD level in Mathematics, Physics, Engineering, Computer Science, or Finance.
A strong background in mathematics and computer science;
A strong interest in programming in C++;
Good communication skills. Ability to summarise model features and limitations to stakeholders (Trading and Risk Management), both verbally and in written form.
An interest in the financial market, the activities of an investment bank and its products.
Further Informations:
Start Date: September 2023
Diversity & Inclusion are core values for the Mediobanca Group. All applications are welcome; we value age, background, ability, personal orientation and gender expression diversity.
Mediobanca is the leading investment bank in Italy. Internationally our footprint includes branches in London, Madrid, Paris and New York.
For over 60 years we have helped our clients grow, offering high-quality advisory services and providing finance in all its various forms, from more traditional bank credit to the most sophisticated solutions available on capital markets.
Discretion and prompt execution are the hallmarks of our service, delivered by a streamlined unit of skilled bankers noted for their keen team spirit and strong sense of corporate identity.
Our clients include some of the leading business groups in Italy, plus a significant number of mid-size corporates, to whom we have devoted particular attention over the past ten years. Increasing focus is also being placed on our international clients, for both their cross-border needs and domestic operations.
We have introduced new products and targeted new clients in order to meet the challenges posed by today’s highly competitive financial markets. As ever it is our clients, along with our professionals and the soundness of our finances, which represent the core values of Mediobanca.
