Trainee Global Margin Management in München bei HypoVereinsbank UniCredit

Trainee Global Margin Management (m/w/d) in München bei HypoVereinsbank UniCredit

HypoVereinsbank - UniCredit

HypoVereinsbank is part of UniCredit, a pan-European Commercial Bank. Our purpose is to empower communities to progress by delivering the best-in-class for our corporate and retail clients worldwide, unlocking their potential and that of our employees.

Digitalisation and our commitment to the ESG principles – sustainability & social justice – are key enablers for our actions. They guide us in accompanying and empowering our stakeholders. Through our sustainability strategy, our products, as well as through social impact banking, we contribute to a future worth living.

Our success is based on the diversity and uniqueness of our employees. That is why we respect and promote equal opportunities in all dimensions of diversity, equity and inclusion: ranging from age and gender to nationality and religion. We do not think in hierarchies, but create an environment in which every opinion is valued. This is one of the reasons why we are being recognised and certified a European Top Employer.

Join our team – Be true to yourself and grow with us.

Global Margin Management, as part of the Chief Operation Office (COO) division, is responsible for the global consolidation and management of collateral to mitigate credit risk, review collateral for eligibility, manage the disputes process, and reconcile portfolios in terms of counterparties and central counterparties. This is to optimize the use of collateral and maximize liquidity.

What you can expect from us

During your 12-month trainee program, you will go through various sub-areas of Collateral Management and get to know them better. This includes the following areas: Margin processing for derivatives, repo lending transactions and for clearing houses as well as portfolio reconciliation.

You will work very close to Corporate & Investment Banking and provide support to the Global Markets & Corporate Treasury Sales teams. Thematically, you can expect a wide range of different tasks:

Collateral management and margining to mitigate counterparty credit risk
Reconciliation of positions and difference clarification, to implementation of various processes and controls to meet current and planned regulatory requirements
In addition, you will participate in regulatory relevant projects and help to implement new processes and optimize existing processes

What we expect from you

Good to very good degree in bachelors or masters degree in (economic) mathematics, statistics, business administration / economics
Goal-oriented, structured and solution-oriented way of working
High process affinity and fast comprehension skills
Distinct analytical skills and structured thinking
Teamplayer and communicative strength
Experience with MS-Office products, especially VBA
Very good written and spoken English, German language skills is an advantage

Our offer to you

#EnjoyMunich – Work in Germany's most beautiful city: Mountains and lakes on your doorstep, plenty of cultural offerings and, of course, Weißwürste, Oktoberfest and football. Our headquarter also offers you the best career and development opportunities.
#ComeAndStay – With us, you will receive a permanent employment contract from day one.
#BecomeAnExpert – You are guaranteed a steep learning curve. In your individual and varied graduate program, we will make you fit for your target position.
#ThinkEuropean – We are not only one of the largest financial institutions in Germany, but as part of UniCredit we are also internationally active and successful. With us, you can expect a pan-European company with regional ties as well as stimulating career opportunities in the world's most exciting cities.
#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.
#EnjoyTheBest – As an employee, use the best premium account in Germany free of charge.
#CareNowForLater – Retirement is still so far away for you? Nevertheless, retirement planning is a topic that you should already be dealing with now and t