Deutsche Bank

Internship RMS FX desk - Milan (f/m/x)

Italy · Work style not stated · Full time

Apply on the employer’s site ↗See how well you match this job

You apply directly with the employer. ROLIVA does not submit applications from this page and is not the employer.

About the role

Description from the employer’s posting. Check the employer’s page for the current version.

EmployerDeutsche Bank
LocationItaly
Work styleWork style not stated
Employment typeFull time
Employer posted13 Oct 2026

Job Description:

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities.

Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management division.

Together we can make a great impact for our clients home and abroad, securing their lasting success and financial security.

Our RMS FX desk is a leader in structuring and marketing Foreign Exchange, Cash, and Derivatives hedges to a diverse portfolio of European corporate clients. You'll work with multinational investment-grade and high-yield companies across various sectors, including healthcare, consumer goods, technology, media & telecom, industrials, infrastructure, and energy. While the primary focus is FX, this internship offers unique exposure to our Commodities and Rates desks across EMEA, providing a holistic understanding of risk management across different asset classes.

Show full description

We are specifically focused on helping clients manage FX risk associated with:

· FX budget hedging.

· Asset/Liability hedging.

· Special situations impacting corporate FX exposure.

Learning Objectives

Analyze complex client risk exposures and contribute to the development of tailored risk management strategies.
Assist in cultivating strong client relationships through continuous, idea-driven coverage and customized updates on market developments.
Collaborate with Corporate Finance and Capital Markets professionals to originate new risk management business, supporting clients' strategic and geographic expansion initiatives.
Gain exposure to all aspects of the trade process, including documentation, onboarding, credit approval, derivatives pricing, execution and restructuring.
Support the preparation of compelling client presentations, financial statement analysis, and term sheets.
Work closely with our Rates and Commodities desks, broadening your understanding of integrated risk solutions.

Requirements

Bachelor's degree in Finance, Business Administration, or a related field, with near completion of a Master's in Finance.
A strong quantitative aptitude and keen interest in financial markets.
Clear, accurate, and confident communicator comfortable in client-facing situations.
Fluency in English (both written and spoken) is essential.
Commercial acumen, self-motivated with a strong drive for new business opportunities.
Prior Experience (Nice to have): Previous experience on a fixed income or macro products desk.
Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Start Date: November 2026, 6 months internship

Monthly expense allowance and meal vouchers are provided

Well-being & Benefits

Emotionally and mentally balanced: We encourage work-life balance and we are committed to providing an environment with your development and wellbeing at its centre. We support you in dealing with life crises, maintaining stability through illness, and maintaining good mental health. We promote a culture where you can openly speak about mental health.

Physically thriving: We support you in managing your physical health by taking appropriate preventive measures.

Socially connected: We strongly believe in collaboration, inclusion and feeling connected to open up new perspectives and strengthen our self-confidence and well-being; we organize conferences, webinar and networking opportunities to share diversity, equity and inclusion contents.

Financially secure: We support you in meeting personal financial goals during your active career and for the future.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

See how well you match this job Apply on the employer’s site ↗

Check your resume against this job Free, no sign-up. Nothing you paste is stored.

Staying safe while you apply

Never pay to apply, interview or accept an offer. ROLIVA never asks you for payment to apply to a job.
Apply only through the official “Apply on the employer’s site” button, on the employer’s own site, and check that a recruiter’s email uses that employer’s own domain rather than a free email address.
Be cautious of an offer made with no real interview, or pressure to decide quickly or share financial details early.

Does something look wrong with this listing? Use “Report broken link” in the role details, or read ROLIVA’s full job-safety guidance ↗.

Preparing for this role with ROLIVA

Check the fit.
Compare the requirements with the experience you have confirmed, including gaps.
Prepare honestly.
Build interview stories and application drafts from your own evidence.
Keep track.
Save the role and record your own application status and follow-ups.

Create a free workspace or log in.