Borsa Italiana Internship, Italy Securitised Derivatives

About the Team

The team is in charge of Securitised Derivatives retail product development activities across the Group. The team is involved in:

• Business Development of the warrant and certificates markets of Borsa Italiana;

• Daily calculation and monitoring of revenues and simulation on pricing;

• Monitoring of the regulatory changes that involve the market ecosystem;
• Management of reports update of website contents;
• Monitoring the primary and secondary market trends for securitised derivatives products to help management decisions and business development strategy;
• Clients relationship management to capture the clients needs and build up the best services.

Key Activities / Responsibilities

The selected candidate will gain direct hands-on exposure to Senior professionals within the Capital Markets divisions of leading Investment Banking Institutions working closely with experienced Sales & Trading and Structuring teams. The internship is designed to provide a strong technical and market-oriented skill set significantly enhancing the candidates employability and career prospects in Capital Markets Trading Structuring and related front-office or analytical roles upon completion of the programme.

The selected candidate will be responsible for:

• Preparation of reports dashboards and client-facing presentations/pitches gaining exposure to Senior figures of the Capital Markets department of Investment Banking Institutions (Equity Derivatives Sales & Traders and Cross-Asset Structured Products Sales & Traders);
• Extraction processing and analysis of trading volumes number of listed products bid-ask spreads and market trends for instruments listed on the SeDeX and Cert-X markets (Investment Certificates Leverage Products Covered Warrants);
• Automation of daily operational and analytical tasks using Python and VBA including the calculation and reconciliation of trading and listing fees;
• Execution of the pricing process for securitised derivatives including the implementation of pricing simulations and fee scheme scenario analysis;
• Maintenance and development of the primary market intelligence database for KPI monitoring trend analysis and management reporting and collaboration with Software Engineering teams to design and implement AI-based solutions for the automation of data processing validation and analysis workflows;
• Execution of automated listing processes on behalf of issuers including quantitative and operational validations of product terms and market requirements;
• Acquisition of experience on market microstructure and market model functioning including understanding of liquidity provisions bid-ask spreads trading dynamics and primary and secondary market interactions.

Candidate Profile

The ideal candidate has:

• Degree in Economics Finance Banking and Finance Economics of Markets and Financial Intermediaries Statistics;
• Good knowledge of English (both written and spoken);
• Experience at using different types of tools and software in particular Microsoft Office (Python VBA Excel advanced Power Point);

• Analytical skills;
• Basic knowledge of statistics;
• Team working Research skills deadlines respect.

About Euronext

Euronext is the leading European capital market infrastructure offering trusted and sustainable markets to drive innovation and growth. Euronext operates regulated exchanges in Belgium France Ireland Italy the Netherlands Norway and Portugal covering regulated equity and derivatives markets a leading electronic fixed income trading platform and the largest centre for debt and funds listings globally.

The Group offers a wide range of products including equities FX ETFs bonds derivatives commodities and advanced data services. It provides clearing through Euronext Clearing and custody and settlement services via Euronext Securities in Denmark Italy Norway and Portugal. Euronext also offers technology corporate and data services to third parties.

We are proud to be an equal opportunity employer. We do not discriminate against individuals on the basis of race gender age citizenship religion sexual orientation gender identity or expression disability or any other legally protected factor. We value the unique talents of all our people who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

We are proud to be an equal opportunity employer. We do not discriminate against individuals on the basis of race gender age citizenship religion sexual orientation gender identity or expression disability or any other legally protected factor. We value the unique talents of all our people who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

Additional Information

This job description is only describing the main activities within a certain role and is not exhaustive. It does not prevent to add more tasks projects.