deutsche bank cover letter for graduate analyst

Deutsche Bank Analyst Internship Programme - International Private Bank - Wealth Management - New York - 2021

Country: United States

City: New York

Job Description: 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.

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The Deutsche Bank Internship Programme:

An internship at Deutsche Bank is your stepping stone to success and your first look into what life is like on our Graduate Programme. You’ll become part of a collaborative and inclusive workplace as you build on your technical and interpersonal skills, take on real responsibilities, hear from senior leadership through our speaker series, work on live projects, grow your network and learn first-hand how we deliver for our clients. If you want the opportunity to shape your own career as well as the future of the financial industry, then we will give you the platform and foundation to do so. Successful interns will be invited to join the Deutsche Bank Graduate Programme.

About the business division:

As the International Private Bank (IPB), we combine capabilities of Deutsche Bank Wealth Management (WM) and Private & Commercial Business International (PCBI) in one unit. IPB brings together WM’s globally connected clients across Germany, Europe, Americas, Asia and Middle East and Africa, along with PCBI’s private clients and small and medium-sized enterprises in IT, ES, BE and IN. Altogether, we serve 3.4 m private, wealth and commercial clients with over 250 bn Eur of assets under management and revenue of 3 bn Eur (10th Jun-20). As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations, we create lasting value for our clients by developing bespoke solutions such as wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits. All this is possible thanks to our global network, our many years of experience and our close collaboration with the Corporate & Investment Bank and DWS. We combine financial strength and stability with trustworthy partnership and forward thinking in order to build sustainable and beneficial relationships.

Division specifics about the internship role:

What we look for:

We are looking for bright minds with a strong academic record who are passionate about helping clients meet their financial goals and navigate in dynamic investment landscape.

• Have you already gained practical experience in banking or finance? • Do you have strong communication skills to engage with clients and a collaborative style to work with colleagues across the globe? • Would you describe yourself as innovative and engaging – with a high level of emotional intelligence? • Do you have good language skills and speak either English, German, French or an additional foreign language?

For candidates applying for positions in the US:

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click here to find out more about diversity and inclusion at Deutsche Bank.

Deutsche Bank is an Equal Opportunity Employer – Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

Perks and Benefits

Health and wellness.

• Health Reimbursement Account
• Health Insurance
• Dental Insurance
• Vision Insurance
• Life Insurance
• Short-Term Disability
• Long-Term Disability

Parental Benefits

• Non-Birth Parent or Paternity Leave
• Birth Parent or Maternity Leave

Work Flexibility

• Flexible Work Hours
• Remote Work Opportunities

Office Life and Perks

• Commuter Benefits Program

Vacation and Time Off

• Leave of Absence
• Personal/Sick Days
• Paid Holidays
• Paid Vacation

Financial and Retirement

• Relocation Assistance
• Performance Bonus
• Stock Purchase Program
• 401(K) With Company Matching

Professional Development

• Promote From Within
• Mentor Program
• Shadowing Opportunities
• Access to Online Courses
• Tuition Reimbursement

Diversity and Inclusion

• Diversity, Equity, and Inclusion Program

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Interviews and assessment centres

How to answer deutsche bank interview questions for graduate roles.

targetjobs editorial team

26 Oct 2023, 08:59

Discover how to impress throughout the investment bank’s graduate recruitment process with targetjobs’ expert guidance on how to answer Deutsche Bank interview questions.

Jump to: Deutsche Bank interview questions | Deutsche Bank interview question help for technical roles | A final helping hand from targetjobs

The Deutsche Bank recruitment process for graduate roles includes a pre-recorded video interview; to complete, you must record and then upload your responses. You should also expect at least one further interview at Deutsche Bank’s assessment centre.

Below we provide some examples of possible Deutsche Bank interview questions, based on what past candidates have reported and what we have gleaned from our knowledge of the bank. At the end of the article, you’ll find a useful set of links to follow-on advice that, combined with this guide, will ensure you’re fully prepared for your Deutsche Bank interview.

Deutsche Bank interview questions

There’s no guarantee that the bank will ask these previously asked questions, but you can use them as a starting point to prepare for your interviews. It’s also advisable that you think about other questions that you could be asked (about your skills, CV and understanding of the job role and industry) and how best to answer them.

• Why do you want to work for Deutsche Bank ?
• Tell me about one instance where you provided a service to the client but the client was unhappy .
• What happened in the X market yesterday ?
• What is the banking/trading outlook for this year ?
• What is one thing not on your application that we should know about ?
• Tell me about a recent piece of news involving Deutsche Bank that has interested you .
• What have you done in the past that makes you suitable for this role ?

Deutsche Bank interview question: ‘Why do you want to work for Deutsche Bank?’

How to answer: At first glance different investment banks can appear very similar, but one way to tell them apart and explain why you have applied to Deutsche Bank is to understand the culture of each bank. One possible approach when answering this interview question is to specify something that differentiates Deutsche Bank from its competitors and is relevant to the job that you’ll be doing. How, for example, does working on the trading floor at Deutsche Bank differ from working on the trading floor at one of its competitors?

Potential follow-up questions: Why do you want to work in this division? Why have you chosen the role you are applying for?

Read our article on answering ‘ Why are you interested in this position? ’ for a complete grounding in knowing how to approach ‘Why?’ interview questions.

DEUTSCHE BANK OPPORTUNITIES AND INSIGHTS

Deutsche bank interview question: ‘tell me about one instance where you provided a service to the client but the client was unhappy.’.

How to answer: Deutsche Bank’s interviewers have also been known to ask, ‘Tell me about a time when you failed’. Let’s deal with that first as there is some overlap between that and the question above. Your approach should include what you learned or what you would do differently given the chance. Failure is expected – you can learn a lot from having done something incorrectly the first time.

Show that the failure helped you to develop; focus on the skills you’ve improved since that time. For example, if you failed to complete a project before the deadline, how have you improved your time management skills since then?

Now the difference between that and the question about the unhappy client is that it involves a customer who might be angry, sad, personally disappointed or upset on behalf of another, and you may have done nothing wrong. But of course a repeated failure with a client is not wanted or expected.

You’ll need to identify not only the source of the upset but its precise emotional content and state how you dealt with that. It’s also good to acknowledge how you felt about the situation and how you dealt with that, particularly if you felt that the complaint was unfair.

Next, the bank will want to know how you separated emotion from fact and got to the bottom of the problem, and what you did about it. Finally, what was the outcome?

Potential follow-up questions: Tell me about a time when you have exceeded expectations. Tell me about a time when you used your own creativity to solve a problem.

Deutsche Bank interview question: ‘What happened in the X market yesterday?’

How to answer: One of the trickier commercial awareness questions, this shows just how up-to-date your knowledge of financial markets needs to be.

‘X’ represents whatever markets are most applicable to the post to which you have applied. If you claim to know about the division you’re applying to, you should at the very least be aware of the markets it operates in.

Your answer should be direct, but not so concise that you fail to express the reasons behind the movements in the markets. Do you understand the factors that affect the markets? Only the best candidates will cover this in their answer.

Potential follow-up questions: Why are these issues important for Deutsche Bank to be aware of? What are some of the more important/newsworthy deals we have just closed?

Deutsche Bank interview question: ‘What is the banking/trading outlook for this year?’

How to answer: This is another commercial awareness question, but asks you to take a broader look and think about how political developments and social issues in the wider world could affect the financial world. (Note: consider factors outside of the UK as well as within it.)

Potential follow-up question: How should our division respond to the outlook?

A quick segue into the importance of commercial awareness when applying to Deutsche Bank…

Some graduates have reported facing up to four separate rounds of interviews at Deutsche Bank – with the final round (at the assessment centre) containing up to four individual interviews.

It’s especially important, then, that you keep yourself up to date with current affairs in the industry – particularly with the stories that affect the department you’re applying to – throughout the whole time that you’re applying to the bank.

Head to our article on impressing banking recruiters with your commercial awareness to fully prepare for commercial questions before your Deutsche Bank interview.

…Deutsche Bank interview questions continued: ‘What is one thing not on your application that we should know about?’

How to answer: The first thing is not to panic, although the Deutsche Bank recruiters may be testing to see how you react to a leading question.

This is a great opportunity to reveal a pleasant surprise, and one which has a bearing upon your selection for the role. One strategy is to reveal a few more personal details about something you’ve already told them. For instance, perhaps they know you’ve excelled in a hobby or some aspect of study but not that you’ve succeeded despite a hardship or difficulty.

Or there’s the brand-new revelation. Perhaps it’s your life’s ambition to visit all the major capital cities of the world in the next few years, and that’s a sign of your global outlook. Say more: what is it about travel that broadens your horizons? What have you learned by being ‘globalist’?

Potential follow-up question: Why did you omit this information from your application?

Get the insights and skills you need to shape your career journey with Pathways. We’ll help you become clued up on a range of challenging interview questions, so you can feel confident showcasing your skills and potential on the day.

Deutsche Bank interview question: ‘Tell me about a recent piece of news involving Deutsche Bank that has interested you.’

How to answer: ‘Most recent’ does not necessarily equate to ‘best’. Recent news is relative to the world in which it operates – a recent deal could be in the last week or it could be in the last three months; it all depends on the context in which you present it.

Whatever news you reference – a recent merger, a press release from Deutsche Bank and so on – you should be able to show that you researched this in more detail before coming to your interview. Don’t just regurgitate what you hear in the news; it’s better to give your own analysis of the situation. Make it relevant to the division that you’ve applied to. If you talk about a tax issue when you’re applying for a role in the risk department, things might look a little odd.

Potential follow-up question: How would you use this information in your daily working life?

Deutsche Bank interview question: ‘What have you done in the past that makes you suitable for this role?’

How to answer: Once again, this is all about keeping things relevant. Tie in your knowledge of the specifics of the graduate role and match it up with examples from your past. Ideally, you’ll be able to show knowledge of the markets and, at least, a little bit of experience in the tasks that you’ll be doing as part of your job.

In addition to the factual details, you should also be able to emphasise aspects of your character that make you stand out. Show that your attitude and values will fit in with Deutsche Bank and with the division you’ll be working in.

What kind of traders does Deutsche Bank want? Do you need to show a level of patience in your role within operations? Will an inquisitive mind help you in your role? You should be asking yourself these questions, and more, if you wish to be properly prepared for this question.

Potential follow-up questions: What skills are vital for the role? How do you see your career developing in the future?

Deutsche Bank interview question help for technical roles

If you’re applying for a technical graduate role at Deutsche Bank, such as the technology, data and innovation stream of the graduate analyst programme, be prepared for curveball technical questions based on the projects mentioned in your CV. Our research of anonymous employer survey websites found that several graduates who’d applied to this stream were asked about specific aspects of their projects. In one such example, a graduate was asked about the system design implemented in one of their projects.

It’s wise, therefore, to ensure you know the details of the projects that you include in your CV, and to have examples prepared before your Deutsche Bank interview of why you approached projects in the way that you did.

A final helping hand from targetjobs

Check out the following articles to further prepare for an interview with Deutsche Bank. We’ve also included a guide to investment and banking assessment centres for you to get a head start.

And don’t forget to create your targetjobs account . This will give you the best of what targetjobs has to offer in the way of tailored careers advice based on your specific career interests. So don’t miss out!

FOLLOW ON HELP FOR YOUR DEUTSCHE BANK INTERVIEW PREP

targetjobs editorial advice

This describes editorially independent and impartial content, which has been written and edited by the targetjobs content team. Any external contributors featuring in the article are in line with our non-advertorial policy, by which we mean that we do not promote one organisation over another.

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Deutsche Bank

Analyst internship program – investment bank – 2025.

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Job Description

Program title: Deutsche Bank Internship Program Business Division: Investment Bank: Corporate Finance Location: New York

The Deutsche Bank Internship Program:

The Deutsche Bank Internship Program is designed to help you develop your skills through formal training and continuous support. You’ll quickly gain the confidence to take on real projects by learning firsthand how and what we deliver for clients worldwide. You’ll feel supported by colleagues from across our business and start to develop your professional network.

About the business division (for the graduate audience):

Our Corporate Finance business provides the full range of advisory and financing products and services of a leading global investment bank. Our clients include large-cap and mid-cap corporates, financial institutions, governments, government agencies and financial sponsors.

We recognize that selecting the right investment banking partner can be the key to a company’s success. Our relationships are enhanced by industry sector, country and regional expertise, closely aligned to high-quality client solutions. We offer both buyside and sellside advisory services for mergers and acquisitions, restructuring advisory, debt and equity capital raising services (including our dedicated Environmental Social Governance (ESG) solutions) and structured equity transactions. We advise on innovative cross-border and regional transactions in the US, Europe and Asia Pacific.

Division specifics about the intern role:

Our interns are given the opportunity to learn about our business from different viewpoints, giving you a career advantage. Working on our day-to-day business as well as on special projects, you will contribute to the innovation of new ideas to help our customers achieve their financial goals. You will gain experience in different areas of our business and discover our market-leading solutions firsthand. Tasks may include evaluating companies, developing models for M&A transactions, preparing industry statistics for pitches, or getting involved in the execution of live deals.

The internship is an ideal way of finding out whether a career in Corporate Finance meets your needs and aspirations.

Areas in which you could work:

– Industry Groups: Consumer, Healthcare, Financial Institutions, Industrials, Latin America, Real Estate/Gaming/Lodging, Sponsors, Technology/Media/Telecom – Product Groups: Leveraged Finance

What we look for (global):

We recruit students and graduates who are intelligent and adaptable with excellent communication skills. They have 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. Our comprehensive training program will give you all the technical knowledge you’ll need to build a career with us.

Please note that to apply for our 2025 Internship Program you must be graduating between December 2025 – May 2026.

Our Wellbeing is our success:

Feeling healthy, engaged and well-supported, enables us to do our best work and get the most out of life outside of the office. That’s why Deutsche Bank is committed to providing benefits and programs centred around wellbeing.

Financial wellbeing: A range of benefits including pension, life assurance, insurance for accident and disability, and in select locations we offer an employee share purchase plan and flexible benefit plans.

Comprehensive life and health: Medical insurance, preventative health checks, flu vaccinations and Employee Assistance Program. Mental health first aiders and company doctors available is select countries.

Parental benefits: Parental leave based on caregiver responsibility, maternity cover, phased back to work arrangements post parental leave, childcare leave and additional support offered in some countries.

Generous time: Annual leave, sick leave, and in select locations, wellbeing leave, family care and elder care leave.

Hybrid work model: For qualifying roles, eligible employees can work remotely based on divisional and country guidelines.

How to apply:

Please visit www.careers.db.com/students-graduates to apply.

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.”

The annualized salary for this position is $100,000. Posted Salary ranges do not include incentive compensation or any other type of renumeration.

A notice on Recruitment Scams:

Please note that candidates are not required to pay money as part of the recruitment or job placement process. Do not divulge personal information if you are unsure of the authenticity of a communication from someone who claims to be representing Deutsche Bank.

The cover letter that will get you a job in a bank

Do you really need to write a cover letter when you're applying for a job in an investment bank? These days, it's surely all about the skills in your CV - who's got the time to read that extra blurb saying how perfect you are for the role?

Recruiters working with experienced hires certaintly don't have the time. Most of the banking recruiters we speak to treat the cover letters (or 'cover emails') they receive from experienced candidates as an irrelevance. "For experienced roles, we rarely look at cover letters," says the CEO of one London-based financial services recruitment firm. I just go for the CV," agrees another. "I look at the CV and then I phone them. - If the CV is relevant, I'll get everything that would have been in the cover letter from that call." 

This doesn't mean you should just attach a CV/resume with no introductory email. It does mean that the introductory email might not be read - but you still need to make sure you don't make common mistakes like referencing the wrong bank, or forgetting to attach your CV altogether.

However, there some situations in which cover letters can make all the difference.  

These include:

• When you're applying for graduate jobs in banking.
• When you're applying to banks directly (without going through external recruiters),
• And... when you happen to be using a recruiter who simply likes cover letters (hard to tell!).

"For graduate hires, cover letters are very important," says one headhunter. Just how important is reflected by the fact that some banks specify them as a must-have in the ir graduate recruitment process .   Banks like Goldman Sachs, Citigroup, Barclays, Morgan Stanley and Macquarie typically all demand that their would-be analysts in Europe write cover letters or something very similar, says Victoria McLean, a former Goldman Sachs recruiter and founder of banking CV specialists, City CV.   "Some banks still ask for specific questions to be answered around motivation, strengths and key behaviours/competencies (these are of varying word counts depending on the bank)," she says.

Goldman Sachs historically demanded that recruits write a 300 word personal statement as a cover letter. A former recruiter at the firm told us it was  very important. "Some students were excellent until they got to the cover letter," - those 300 words let them down.

What makes a good banking cover letter? Mai Le, a former Goldman Sachs investment banking associate who ran  CoverLetterLibrary , a community which houses a collection of cover letters that have enabled juniors to get jobs at banks in the past. Le says the best cover letters have two things in common: narrative structure (they emphasize your story and show the choices that brought you here) and facts and figures that underscore your background and achievements. By comparison, Le says the worst banking cover letters suffer from key-word stuffing, irrelevant information and spelling and grammatical mistakes.

It can help to follow a general template... 

You need to tailor your cover letters for each job you apply to. But this doesn't mean that you can't write a cover letter that follows a template. It does mean that each time you apply for a new job, you will need to fill in the template all over again.

McLean suggests your template follows the following format: Introduction. Why me? Why you? Why this job? In total, the text within the template should be no more than 750 words, or one A4 page, long. Le says some candidates also use a format that's ordered as, Why this job? Why this bank? Why me?  "It's a matter of personal preference," she says. Ultimately, you want all these elements in the cover letter and should go with which ever you feel comfortable with.

Either way, here's what to include.

The easy introductory paragraph

The first paragraph is all about explaining why you're writing. If you're applying for a graduate job in a bank, keep it short and sweet.

"The first paragraph is just to say who you are and why you're writing the letter," says McLean.

This paragraph might read something like. "I am an X with X year history of X at global banking firms including X as well as X. I have been working for X for the past X years."

If you're writing a Goldman Sachs cover letter that's 300 words or less, you can ditch this style of opening paragraph. - There's just no space for it.

If you're writing to a recruiter, there's less need to be quite so brief with your introduction. Say who you are, and explain why you've approached that recruiter in particular: "If someone says they've been referred to me by someone I know and respect, I will sit up and pay attention," says one U.S. recruiter. "The same applies if they say they've learned that I mentor women and that this is something they're interested in too."

In other words, when you're writing a cover letter to a recruiter, you need to know who you're writing to. Use this introductory paragraph to address them in person. Flattery will get you everywhere.

The selling yourself paragraph. 'Why you?'

The second paragraph is usually harder. This is where you need to start selling yourself, expressing your personality, and explaining why you're such a hot catch. It's here that you can add in some of the narrative explaining how you came to apply for this role, plus some of the substantiating figures that Le says make successful cover letters so effective.  Don't  use bland and empty phrases like, "I am a determined, motivated person." Do look at the key words and skills used to describe the job you're applying for and (without too obviously reiterating the ad) explain how you match them. Focus on the results and on  outcomes you've achieved in similar situations in the past.  You need to be specific and you need to bring yourself to life.

If you're writing a cover letter to accompany a graduate application, McLean says you can use the second paragraph to talk about what you've studied and how it's relevant. If you've studied finance and know how to do a DCF, now's the time to mention that. If you haven't studied finance but have good relationship management skills and you want to work i n M&A (a relationship-focused business), say that here. Provide EVIDENCE for the skills you're claiming to have.- List any awards you've won. Never, ever, make empty statements. "Many successful trading cover letters feature the candidate's trading return profile and their rationales for their success or failure," says Le. " - Cover letters for sales positions highlight the candidate's track record that evident their ability as a natural salesperson."

The motivational paragraph. 'Why this job (in this sector?)'

If you're an experienced hire applying through a recruiter or applying directly to a bank, this is where you explain why you want the job you're applying for. If you're a student applying for a first job, this is why you need to explain why you want this job and why you want to work in this sector. Be specific -  you'll need to know about the job and the sector before you start this section.

As a student, you'll need to link your skills back to your motivation for working in that area of banking above others, says McLean. Why M&A? Why not sales and trading? Why not compliance?  - If you want to work in operations , for example, explain how you have a passion for building systems and improving efficiency, as evidenced by your system for serving customers in your weekend job...

"You should include what you love about the industry to which you are applying," says McLean. "Why is it important to YOU? Why does it matter to YOU? How does it make a difference to YOU? and why is it interesting to YOU? Especially valid for Graduates: Why finance? Why investment banking / asset management?  before addressing the specifics of the division or programme to which you are applying. The key is to make this personal…. This is where most grads go wrong in their cover letters, they sound too generic and impersonal."

The connection paragraph. 'Why this bank ?'

The fourth paragraph is all about explaining why you want to work for that particular bank. Again, you need to be specific. McLean says graduates often copy and paste from banks' own websites. For example, it's not unheard of for them to write, "I want to work for Goldman Sachs because you have 170 locations across 90 cities in over 30 countries."  This will get you nowhere.

"The idea is not to flatter your potential employer but to identify what makes them a good choice for you and you a good fit," says McLean. "Telling Goldman or Citi you want to work for them because they are the best is not going to impress anyone. However, writing that it’s an opportunity to work with some of the best minds on the street and that you want to be held to those same exacting standards is a bit more engaging." But you need to put this in your own words: you need to make it personal and say what the banks strengths mean to YOU.

The other ex-Goldman Sachs recruiter we spoke to said she particularly looked for, "creativity and effort and writing about Goldman Sachs," when running through students' cover letters. People were expected to say exactly why they wanted to work for Goldman rather than, say, J.P. Morgan.

Instead of just reiterating what you've read on banks' websites, therefore, you need to cite some unusual reasons for choosing that bank that will make you stand out. If you're a student, it helps to say that you've met some of the banks' staff and were impressed by them.  Citigroup, for example, suggests that  student cover letters  reference encounters with the bank's staff at recruitment events. - Make a note of the staff you meet and explain what they said or did that impressed you, and what made you think you'd like to work with them.

Mark Hatz, a former M&A associate at Goldman Sachs and Perella Weinberg Partners who now helps people get jobs in banking , says stressing your rapport with people you've met from the firm is particularly important when you're applying for a job in M&A or capital markets: "These are advisory businesses and they want to see that you can build a rapport and work in a team. If you get the job, you'll also be spending a lot of hours in the office with these people, so showing you like them is very important."

It also helps to reference the bank's strategy, to mention any awards the bank won, and to cite any conversations you've had with or comments you've read from other industry professionals and analysts who've given concrete reasons why it's good place to work. Everything in this section needs to be positive. - You need to explain why you want to work for Deutsche Bank specifically without writing anything that denigrates its rivals. The more senior you are, the more you will need to reference solid strategy points at this stage.

"Show a grasp of where they are going, what the plan is and why this appeals to you," says McLean. Show that you know their strategy and that you agree with the way they're addressing challenges. "You should also write about the future of the firm. You should be planning to be there for a few years and hoping to share that future with them," McLean adds. Look at the shareholder letter in the last annual report for information on a bank's strategy.

The call to action

Finally, you need to end the cover letter with a call to action. McLean suggests completing the letter with the following sentence: "I really look forward to hearing from you. I am available for interview and contactable by X.'

Simple. Except all of this has to be written in 750 words - or just 300 if you're a student applying to Goldman Sachs. It's not so easy after all.

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance. 

Have a confidential story, tip, or comment you’d like to share? Contact: [email protected] in the first instance. Whatsapp/Signal/Telegram also available.

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

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Jefferies, LLC

2024 investment banking analyst program – san francisco, technology group.

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Jefferies Group LLC, the largest independent, global, full-service investment banking firm headquartered in the U.S. focused on serving clients for over 60 years, is a leader in providing insight, expertise and execution to investors, companies and governments. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia. Jefferies Group LLC is a wholly-owned subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), a diversified financial services company.

What you can expect

Jefferies Investment Banking Analysts have the unique opportunity to gain insight into a global, client-focused investment bank and experience an entrepreneurial environment where employees have the opportunity to make an immediate impact and are rewarded for performance. Our Analysts are exposed to Jefferies’ full range of top-tier investment banking products and leading industry expertise by working closely with senior bankers on pitches and live deals. Our lean deal team structure will not only provide you with unparalleled hands-on experience, it will help you develop lasting personal and professional relationships with peers and senior bankers that will serve as the foundation for a successful career.

Following an enriching orientation and training program, Analysts will begin working on their day-to-day responsibilities, with support from colleagues serving as both instructors and mentors. Jefferies’ collegial program also offers a series of social and educational events to further enhance your professional development and grow your network. As a way to help maximize your experience with us, Analysts receive performance reviews.

In addition to performing fundamental analysis and research into companies and markets, Analysts are challenged to think creatively, offer their input, and add value to the team from day one. As with everyone at Jefferies, Analysts are expected to pursue their projects with excellence, a collaborative spirit, and with the highest levels of integrity.

Analyst responsibilities may include, but are not limited to:

• Performing financial valuation, discounted cash flow and multiples-based analyses
• Building and using financial models
• Preparing pitchbooks and live deal materials, such as offering memorandums and prospectuses
• Conducting industry and product research
• Analyzing detailed corporate and financial information
• Participating in the execution of financings and M&A transactions

What we look for in a candidate

We look for candidates who are eager to make an impact by doing real, hands-on work and participating on active deal teams. Successful Jefferies Analysts are able to multitask and manage a variety of projects simultaneously. Candidates must demonstrate professionalism and client management skills together with strong technical, written and verbal communication skills. The work is fast paced, challenging and intellectually stimulating. The ability to work under pressure and tight deadlines, be adaptable and work both independently and as part of a team are essential traits of a successful candidate. You should have a strong academic background and be completing the senior year of a four-year Bachelor’s degree or equivalent program. Although a background in accounting or finance can be helpful, we hire Analysts who have studied a variety of disciplines.

WORK WITH US – Investment Banking opportunities exist across the U.S.

San Francisco, CA: Technology Group

Work in Silicon Valley, a hub not only for Jefferies Global Technology, Media, and Telecom (TMT) Investment Banking Group, but the innovation capital of the technology industry worldwide. Jefferies Global TMT Group has seen tremendous growth in recent years, led by highly tenured senior bankers who have previously established leading technology investment banking franchises at Deutsche Bank (DMG Technology Group), Morgan Stanley and Credit Suisse, and have led industry-defining transactions. With over 215 technology investment bankers worldwide based in New York, San Francisco, Charlotte, Los Angeles, Boston, London, Mumbai, Singapore and Hong Kong and led by over 40 managing directors, we are one of the largest franchises on Wall Street. Jefferies’ Global TMT Group provides a full range of investment banking services (M&A, Equity Capital Markets, Leveraged Finance, and Restructuring) to growth stage and established public and private companies in a number of segments: Enterprise Software; Internet and Digital Media; Technology Services; Heathcare IT; Communications Technology; Semiconductors, Hardware and Electronics; Financial Technology / Payments; Media; and Telecommunications.

Diversity, Equity & Inclusion

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences, and supporting a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is an equal employment opportunity workplace. We practice equal opportunity for all, regardless of race, religion, ancestry, color, gender, pregnancy, age, physical or mental disability or medical condition, national origin, marital status, sexual orientation, gender identity or expression, covered veteran or military status, genetic information, reproductive health decisions, or any other factor protected by law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. In accordance with applicable law, we are dedicated to finding reasonable accommodations for candidates and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. Please inform your recruiter should you require accommodations throughout your application process.

Jefferies’ COVID-19 Policy – US

The salary for this role is $110,000.

Trainee- und Einstiegsprogramme

Bei der Deutschen Bank transformieren wir die Welt des Bankings. Mit unterschiedlichen Fähigkeiten und Perspektiven entwickeln wir innovative Lösungen und leisten einen positiven Beitrag. Und genau aus diesem Grund werden Deine Ideen bei uns gehört und wertgeschätzt.

Ob Du an einem unserer Trainee- oder Einstiegsprogramme teilnimmst oder direkt in ein Spezialist*innenteam einsteigst: Bei uns kannst Du Deine Karriere selbst gestalten. Unser Trainings- und Weiterbildungsangebot bereitet Dich bestens auf alles vor, was in der Zukunft auf Dich zukommt. Im  Unofficial Guide to Banking erfährst Du, welches Angebot am besten zu Dir passt. Wir setzen uns für Deine kontinuierliche Entwicklung und Dein Wohlbefinden ein und stellen Dir zur Unterstützung einige der klügsten Köpfe der Branche zur Seite.

Um Dich für unsere Trainee- und Einstiegsprogramme zu bewerben, sollte Dein Studienabschluss zu Programmstart nicht länger als 12 Monate her sein.

Vorbereitung aufs Programm

Du erhältst frühzeitig einen E-Learning-Zugang. Dieses interaktive Modul informiert Dich über unsere Werte, unseren Impact und unsere Mitarbeitenden.

Außerdem erhältst Du maßgeschneidertes Vorbereitungsmaterial für Deinen speziellen Fachbereich.

Orientierung

Bevor Du zu Deinem Team stößt, wirst Du die Deutsche Bank gemeinsam mit Deinem globalen Traineejahrgang bei verschiedenen Aktivitäten und Rollenspielen kennenlernen, die Dir Einblicke in unsere Struktur, Strategie und Kultur vermitteln.

Du wirst auch direkt von unserem Vorstand und leitenden Mitarbeiter*innen über Themen wie Nachhaltigkeit, KI, Karriereentwicklung und die Zukunft der Arbeit hören.

Wir wollen bei der Deutschen Bank ein gesundheitsförderndes und fürsorgliches Arbeitsumfeld schaffen, in dem Du ganz Du selbst sein kannst, Dich unterstützt fühlst und zufrieden bist, damit Du Dein Bestes geben und Dich beruflich weiterentwickeln kannst.

Unser Wellbeing-Programm für Trainees gibt Dir Tools und Methoden an die Hand, mit denen Du Stress und Ängste am und außerhalb des Arbeitsplatzes reduzieren und Dein Bewusstsein für psychische sowie physische Gesundheit und Wellness stärken kannst.

Wir wissen, wie wichtig eine gute Vernetzung für unsere Trainees ist. Deshalb bieten wir Dir während des Programms formelle und informelle Networking-Möglichkeiten, bei denen Du Dich mit anderen Trainees und Kolleg*innen austauschst.

Fachbereichstraining

Du nimmst an interaktivem, für Deinen Fachbereich zugeschnittenem Training teil, damit Du Dich vom ersten Tag an in Deinem Team zuhause fühlst.

Diese Trainings finden während Deines ersten Jahres und darüber hinaus statt.

Programm für kontinuierliche Entwicklung

Wir investieren gezielt in Deine kontinuierliche Weiterentwicklung. Vom ersten Tag an konzentrieren wir uns auf die Stärkung Deiner Persönlichkeit, Deines Selbstbewusstseins und Deiner Teamwork-Fähigkeiten.

Im Laufe Deines ersten Jahres nimmst Du an regelmäßigen Schulungen teil, die Dich bei der Entwicklung Deiner beruflichen Fähigkeiten unterstützen.

Dein Start im Team

Praxiserfahrung ist durch nichts zu ersetzen. Sobald Du zu Deinem Team gestoßen bist, lernst Du aus erster Hand von einigen der besten Köpfe sowie Vordenker*innen der Branche und schaffst Dir gleichzeitig ein wertvolles Netzwerk an Expert*innen.

Die Deutsche Bank bietet Leistungen und Programme an, die das Wohlbefinden der Mitarbeitenden fördern:

• Finanzielle Sicherheit: Unbefristeter Arbeitsvertrag, wettbewerbsfähiges Einstiegsgehalt, umfassende Zusatzleistungen inklusive Versicherungen und Altersversorgung u.v.m.
• Work-Life-Balance: Flexible Arbeitsbedingungen, Jahresurlaub und Bankfeiertage, Sabbatical, DB-Kinderbetreuung u.v.m.
• Fachliche Trainings und Weiterentwicklung: Globale Orientierungsphase, professionelles Skill Training, mehrere Rotationen, Lernportale, erfahrene Mentor*innen und Buddies u.v.m.
• Gesundheit und Wohlbefinden: Mental Health Ersthelfer*innen, 24/7-Beratungshotline, HeadSpace-Mitgliedschaft, Wellbeing Leitfaden u.v.m.

Hier geht’s zu den Erfahrungsberichten unserer Trainees.

Technology, Data & Innovation Deutschland

Corporate Bank, China

Investment Bank, New York

Erfahre hier noch mehr

Unsere globalen Orientierungsevents fanden in den Jahren 2020, 2021 und 2022 virtuell statt. Schau Dir das Video mit den Highlights von 2023 an, um einen ersten Einblick in das Trainee- und Eistiegsprogramm zu bekommen.

Unofficial Guide to Banking Unofficial Guide to Banking

Hier erfährst Du, welche Aufgaben es bei der Deutschen Bank gibt, welche Fähigkeiten Du wofür brauchst und wo Du Dich vielleicht am wohlsten fühlen wirst.

Mehr Kompetenz-Hub

Wie hebst Du Deine Bewerbung hervor? Wie schreibst Du einen überzeugenden Lebenslauf? Welche Fähigkeiten brauchst Du, um bei der Deutschen Bank erfolgreich zu sein? Hier erfährst Du mehr dazu.

Mehr Technology, Data & Innovation

Wie wäre es mit einer Fintech-Karriere? Finde heraus, was zu Dir passt – Meet the Innovators

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