Investment Banking: Corporate Finance Apprenticeship Programme London 2024
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 desire and integrity.
The Deutsche Bank Investment Banking Apprenticeship Programme
Join Deutsche Bank and transform the world of banking. Our apprenticeship programme will transform your career, providing you with world-class training (full financial sponsorship towards an Applied Finance degree at Queen Mary and professional qualifications such as CISI/IMC and CFA), exposure to fascinating projects, and endless opportunities to gain the skills you need to innovate for the benefit of our clients and society. You’ll work alongside some of the industry’s top minds and build a network around you that that will help drive your career in the direction you want it to go in. We look for talented candidates who will thrive in an inclusive culture where individuality defines your impact. If you want to develop the knowledge and skills needed to build a thriving financial services career, Deutsche Bank is the place to discover your full potential.
About the business division (for the apprenticeship audience)
Discover the world of Capital Markets with a career in our Origination & Advisory (O&A) division. Here we aim to build long-term, reliable and mutually beneficial relationships with the major corporates, financial institutions, financial sponsors and sovereigns around the world.
The Origination and Advisory business is a comprehensive private-side product and coverage area focused on the primary issuance of multi-currency debt. From origination through to execution.
Debt Capital Markets
Debt Capital Markets (DCM) are product specialists liable for winning debt capital market business and providing expertise to frequent and prospective issuers. Typical clients include public sector entities, corporates, banks and insurance companies and the primary products offered by the team are inaugural public bonds, private placements, covered bonds, EMTN programme issuance, liability management and bank capital considerations. DCM also maintains a close working relationship with other coverage partners within Corporate Finance such as Investment Banking Coverage (IBC) and Equity Capital Markets (ECM), as well as partners in Fixed Income & Currencies (FIC) and the Corporate Bank.
DCM clients are typically the largest and most sophisticated parties in the financing market and as a result the transactions are often high profile. As a result, covering these clients can be a demanding task and expectations are high both internally and externally. Debt Capital Markets is also a highly competitive field, with many banks positioning for similar types of business.
Equity Capital Markets
The ECM Origination team are product specialists liable for winning equity capital market business and providing expertise to corporates, governments and private equity companies in partnership with Investment Banking Coverage. Primary products offered by the team are initial public offerings (IPOs), rights issues, primary and follow-on offerings (both marketed and accelerated), private placements and equity-linked products such as convertible bonds, exchangeable bonds and bonds with warrants.
Equity origination clients are often very large and sophisticated resulting in transactions which are often high profile including government privatizations and multi-product acquisition financings. As a result, covering these clients can be a demanding task and expectations are high both internally and externally.
Leveraged Debt Capital Markets
The Leveraged Debt Capital Markets (LDCM) combines a premier high-yield market business with diverse debt financing capabilities. The bank is able to price, structure, underwrite and distribute senior, mezzanine and high-yield transactions in all of the major financial centres.
The Leveraged Finance Origination team is well placed to benefit from well-established strategic relationships across the Origination & Advisory franchise, capitalizing on the robust volume of private equity activity and looking to add new financial sponsor clients. The team works on transactions across a wide range of sectors including Technology, Media & Telecoms, Natural Resources, Industrials, Consumer & Healthcare, Real Estate, Gaming & Leisure across the EMEA region.
Division specifics about the apprentice role:
As an apprentice, you’ll be provided with the training, study assist and on-the-job coaching to accelerate your career. With study assist towards a degree in Applied Finance and professional qualifications (e.g. CISI/IMC, CFA), skills and technical financial training, along with introductions to Senior Leaders, you’ll be part of the team from day 1 with learning and development opportunities throughout your first year and beyond. Apprentices will also be assisted by a mentor within the business, in addition to HR and their line manager.
Apprentices will spend approximately 20% of their time studying (either at QMUL on campus or remotely) with on-going academic module assessment by QMUL and two end point assessments (assessed by an impartial third party assessor) as part of the apprenticeship scheme (at the end of year 2, route to Level 4 investment operations specialist apprentice award and end of year 4, advance to Level 6 financial services apprentice award) in addition to assessments provided by practitioner qualification providers (CISI, IMC, CFA). Furthermore, apprentices will gain a degree in BSc (Hons) Applied Finance at the end of the 4 years subject to passing all required assessments.
Your rotational experience in O&A will give you the opportunity to work in different teams and have a varied role. Your tasks might include industry research, company performance monitoring, pricing products for traders, preparing financial data evaluations, pitching transactions to the team, participating in client calls or refining the way we do forecasts. In addition, you will be involved in live deals, exploring new financing & lending opportunities, preparing marketing materials for clients, and reviewing deal pricing and structure comparisons. The possibilities are endless so whichever areas you experience, the apprenticeship program is an ideal way to kickstart your career.
You will learn from the best, evolve professionally as well as personally, and build a firm foundation upon which to specialise later. Whichever path you take, by the end of your programme you’ll have the skills and experience to continue a long-term career with us.
What we look for
We’re looking for enthusiastic, motivated individuals with a thirst for knowledge and a desire to problem solve. Strong communication skills and a passion for the world of finance will allow you to thrive in our collocative, fast paced, and innovative teams.
Our people have degrees in many different disciplines from across the world so even though good levels of numeracy are important for some roles, you don’t necessarily need a background in quantitative subjects. Our extensive training programmes coupled with Queen Mary’s Applied Finance degree education, will give you all the technical knowledge you’ll need to build a career with us. Above all, we’re looking for entrepreneurial people who thrive best in a diverse culture where innovation and agile thinking abound.
Collaborate with some of the best minds in banking and help our clients achieve their goals. You already have a record of outstanding academic achievement and you’re eager to go on learning at the same intensive rate so join Deutsche Bank, start your career and thrive.
Please note that to apply for our 2024 Apprenticeship Programme you must graduate from sixth form (school, academy or college) in 2024 or have graduated in the last 12 months (i.e. in 2023). Offers will be conditional on acceptance to the Applied Finance degree programme at Queen Mary so we encourage all applicants to ensure they meet the minimum entry requirements (e.g. AAA at A-Level including A in Maths) as set out in the relevant course page Applied Finance - Queen Mary University of London (qmul.ac.uk).