Intern Capital Markets / Rating Advisory (f/m/d)

HypoVereinsbank - UniCredit - DeutschlandMunichstepstonepublished 10/06/2026

Rating Advisory is part of UniCredit’s Client Solution (CIB). We are the bank’s competence center on corporate credit ratings for the global rating agencies: S&P, Moody’s, and Fitch. Our analysis is key to support capital markets transactions (e.g.: leveraged M&A deals by private equity sponsors or primary market deals of multinational clients) as well as other investment banking products in assessing potential corporate rating sensitivities. Our guidance is essential to unveil UniCredit’s value-added to our corporate clients by optimizing financing structures on rating related topics. As such, we have to understand both equity- and debt financing instruments in conjunction with the rating agencies’ methodologies, criteria and processes.

Workingtime: Full-time Your tasks

Conduct research and analysis (industries, companies, markets)

Support rating advisory internal processes, tools, and applications

Provide on-going quantitative and analytical support:

Financial statements and models analysis and interpretation

Aggregation and analysis of data from global Rating Agencies

Preparation of rating-related slides, pitch books, and presentations

Your profile

Studies in Economics/Business Administration/Banking/Finance

Strong motivation and willingness to learn

Understanding of corporate financial reporting/ IFRS

Strong analytical skills

Good knowledge of Microsoft Office

Good command of English

We offer

#UnleashYourPotential – With us, you are guaranteed a steep learning curve. In your multifaceted internship, you can supplement your theoretical knowledge from your studies with practical insights and thus find out where your passion lies. #EnjoyNetworking – From day one, you will be part of a vibrant community and a great team that supports each other. In addition to your day-to-day job, numerous events await you where you can make contacts in all areas and divisions of the bank. #BalanceYourLife – Digitization and flexibility shape our modern working world. Design your working life with flexitime the way it suits you best: Whether in the office or remotely. #MakeInnovationHappen – FinTechs, Big Data, Bitcoins: Banking is evolving rapidly. Actively shape the digital transformation of one of the most change-driven industries by contributing your fresh perspective and innovative ideas. #LiveOurCulture – We don't just accomplish our work, but experience and shape it together. As a real team, we communicate at eye level #CallMeByMyFirstName, value every opinion and are convinced that success is based on people empowerment. #EmpowerCommunitiesToProgress – We are committed to sustainable and social values: Social Impact Banking and Sustainable Finance are part of our DNA. Because for us, creating value means more than just creating financial value. #ComeAsYouAre – We actively promote fairness and inclusion and create equal opportunities for all colleagues. By signing the “Charta der Vielfalt” and the Valuable 500, we clearly commit to diversity and inclusion. Our employee networks foster open exchange, because we firmly believe diversity is a key success factor. The individual strengths and experiences of our colleagues are our most valuable asset – and our competitive advantage.

During your internship, you will receive a monthly compensation of EUR 2,400 gross based on full-time employment, which meets at least the applicable statutory minimum wage. This applies regardless of whether the internship is mandatory or voluntary.

Contact

Manuel Zenkner; manuel.zenkner@unicredit.de

Einsatzort: Munich Referenzcode: 114252