Deutsche Bank Analyst Internship Program - IB: Company Research & Research Sales
About Deutsche Bank
Deutsche Bank is the leading German bank with strong European roots and a global network. We’re driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world. We serve our clients’ real economic needs in commercial banking, investment banking, private banking and asset management. We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity. All this means a career packed with opportunities to grow and the chance to shape the future of our clients.
About the Internship Program
At Deutsche Bank, we’re changing what it means to be a bank. We’re looking for creative thinkers who are ready to transform an industry from day one. Through our internship, you’ll get a taste of what life is like on our Graduate Program. You’ll learn and develop your skills every day, but you’ll also have a clear and supportive path ahead of you. You’ll gain the confidence to take on real projects, build your network and learn from senior leaders across our business. You’ll also see how important diversity and inclusion are to our success and how that translates into innovation you can see. If you’re looking for a head start in your finance career, this is your chance to learn first-hand how and what we deliver for an exciting range of clients worldwide.
About the business division
Deutsche Bank Research is responsible for economic and financial analysis within Deutsche Bank Group and covers asset allocation and all major industry sectors. We analyze relevant trends for the bank in financial markets, the economy and society, highlight risks and opportunities and act as consultant for the bank, its clients and stakeholders. Deutsche Bank Research delivers high-quality, independent analysis and actively promotes public debate on economic, fiscal, labor market and social policy issues.
The Company Research & Sales team sits within Deutsche Bank Research and looks to provide our clients with detailed financial analysis and recommendations on whether to buy, hold, or sell an equity investment. You will be assisting asset managers in deciding which stocks to invest in within specific sectors. This involves formulation of stock and sector-level investment theses, ongoing authoring and production of written research to promote investment views and marketing of those views to internal and external clients. You will leverage relationships with companies under coverage as part of channel checks and due diligence efforts, while also organizing ad hoc road-shows, client events and conferences.
Division specifics about the intern role
Upon joining the Bank you will begin your learning journey with our regional orientation, followed by professional skills training and technical financial training.
Within DB’s Research department, you will be working on our day-to-day business as well as on special research projects, you will contribute to the development of new ideas for helping our customers achieve their financial goals. The projects you work on will require your interpretative skills, an instinct for trends and innovations, and an ability to work independently, although you’ll benefit from intensive mentoring and structured feedback.
Within DB’s Research Sales department, our team utilizes DB’s world class Equity Research and Equity Capital Markets product to build relationships with top investment fund managers across the US and globally. Characteristics of success on the DB Research Sales desk include interest in engaging and building relationships with clients, intellectually curious and entrepreneurial mindsets to creatively serve our clients according to their investment needs, and ability to collaborate and debate stock specific ideas and market views.
From day one, you’ll be exposed to real market issues impacting companies. You will also contribute to our research publications and be involved in the creation of investment strategies, tools or models. Your learning curve will be steep, but you’ll have plenty of support and guidance from managers and mentors.
The specific tasks that you deal with will depend on your role within the team. You will be trained by the best, evolve professionally as well as personally, and build a firm foundation upon which to specialize later.
What we look for
We recruit students who are intelligent and adaptable with excellent interpersonal skills. They are studying for degrees in many different disciplines. Even though good levels of numeracy are important for some roles, you won’t necessarily need a formal mathematical or financial background. We have very comprehensive training programs that will give you all the technical knowledge you’ll need to build a career with us.
You should not only be passionate about the world of finance, but also show a keen interest in your chosen field. You already have a record of academic achievement and you’re eager to go on learning at the same intensive rate. You’ll thrive on working in a highly collaborative and diverse culture with some of the best minds in banking.
Please note that you must be graduating between December 2023-May 2024 to apply for our 2023 Summer Internship Program.
For candidates applying for positions in the US:
Deutsche Bank is an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the "EEO is the Law" poster and "pay transparency statement."
