PApply as Graduate Program - FX Liquidity Management - Group Treasury General Information /ppJob ID /pp44617 /ppCompany /ppUniCredit S.p.A /ppCompetence Line /ppClient Solutions /ppCountry /ppItaly /ppCity /ppMILANO /ppJob Type /ppGraduates / Juniors and graduate program /ppFunctional area /ppMarkets Products /ppWorking time model /ppFull-time /ppContact /ppbPC Client Solutions /b /ppGroup 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. /ppGroup 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 /ppWhat you'll be doing /ppGroup Treasury is divided in following teams /ppLiquidity Short Term Interest Rate Management with the following mission : /pulliThe management of the Liquidity, Settlement, Interest Rate and FX risks /liliThe management of the Liquidity Bond Portfolio (HQLA) /liliThe liquidity risk settlement risk management and for participating to the ECB monetary policy transactions /li /ulpThe desk mission is to manage the medium long-term interest rate risk and has the following addition responsibilities : /pullito manage linear and non-linear medium long term interest rate risk (maturities greater than 1 year) arising from commercial asset and liabilities /lilito manage the medium long-term liquidity portfolio. /li /ulpThe 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. /ppbTreasury Client Driven Market Making /b /ppThe 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 /ppbWhat you'll need to succeed /b /pulliRelevant work / internship experience preferably related to fixed income products, asset management, risk management /liliExcellent university degree and academic records /liliRelevant international experience /liliFull time availability /liliAvailability for international mobility /liliConfidence to take on early responsibility /liliFluency in English is a prerequisite. Knowledge of an addidtional languages is a plus. /li /ulpbWhat you'll get in return /b /pulliYou will enjoy increased responsibility and opportunities for growth /liliOn-the-job experience : work on deals that matter /liliNetworking : building relationships that matter /liliDedicated learning journey : learn fast, move forward /liliInternational experience : leverage our international diversity /liliDifferent target areas and rotations : explore your potential /liliCompetitive compensation package and permanent local contract : be empowered to grow /li /ulpbAbout UniCredit Group /b /ppUniCredit 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. /ppJ-18808-Ljbffr /p #J-18808-Ljbffr