Credit Research Intern

Generali Italia SpA; Lombardia; Sur place; EUR 45 000 - 65 000; Plein temps

Résumé du poste

Generali Italia SpA is seeking a Credit Analyst to join the Credit Research team. The analyst will prepare credit opinions, sector and company reports, and earnings updates to support portfolio decisions.

You will build financial models, perform peer analysis, and automate data workflows using Python, VBA, Excel, and Power BI, collaborating closely with Portfolio Managers. The role requires independence, proactive communication, and the ability to work under tight deadlines within a busy

Qualifications

• Excellent Python and VBA programming skills.
• Strong Excel and Power BI knowledge; team player.
• Ability to work under pressure and meet deadlines.

Responsabilités

• Prepare credit opinions and sector/company reports.
• Build financial models and conduct peer analysis.
• Engage with portfolio managers to discuss positioning.
• Automate spreadsheets and improve data quality.

Connaissances

Python

VBA

Excel

Power BI

Data analysis

Teamwork

Communication

Outils

S&P Capital IQ

Description du poste

The Credit Research team is an integral part of the investment’s team and is structured along sector specialization. The Analysts work very closely with the Portfolio Managers and their specialist input could have a direct impact on portfolio positioning making this a demanding and responsible role.

The Credit Analyst’s core work results in:

• Publications: Prepare credit opinions explaining key credit risks for credits under coverage. These would include sector reports, company specific credit reports, earnings updates. Reports should focus on those factors that affect a borrower’s ability to repay its debt and provide a credit ratings/ outlooks, including upgrade/downgrade triggers
• Prepare financial models: Create financial models, analysing key financial metrics to differentiate improving from deteriorating credits, including peer group analysis
• Communication: Proactively engage with portfolio managers to discuss positioning under coverage. Host conference call with PMs/ Head of Investments/ key clients to communicate views

The candidate should be able to

• work with very large databases, elaborating data with the most suitable language (Python, VBA)
• support the Analysts in creating new reports (in Excel, PowerBi), address data quality issues, create/improve financial models
• automate spreadsheets using downloads from databases (like S&P Capital IQ)

This person will work closely with each sector analyst to customize to their specific sector requirement.

The candidate will be also involved in some IT projects related to the intranet page in where the research and the data elaborated by the Analyst are published.

Requirements

• excellent programming skills (Python & VBA) + good knowledge of the Microsoft Office suiter (Excel and PowerBI in particular)
• team working attitude and communication skills
• ability to work independently and complete/coordinate the assigned projects
• Nice to have: good knowledge of the financial accounting rules and be able to understand the financial statements of a company
• Proactivity
• Good team player (essential)
• Comfortable with working under pressure and with tight deadlines
• Curious, flexible and responsive

Company Profile

Generali is a major player in the global insurance industry – a strategic and highly important sector for the growth, development, and welfare of modern societies. Over almost 200 years, we have built a multinational Group that is present in more than 60 countries, with 470 companies and nearly 80,000 employees. Our Group aims to become the standard bearer and industry leader in the European retail insurance market, building on our existing base of 50 million retail clients, out of an overall total of 72 million.

Generali Asset Management is a European investment specialist, offering a wide range of active funds and bespoke solutions across both public and private markets. Our investment experience is grounded in a solid heritage, with skills that have been developed and honed over time by managing Generali Group and external clients' assets.

Generali Asset Management S.p.A. guarantees a solid framework of services designed to support various asset management activities. Key elements include the provisioning of IT services over all applications underpinning the investment and asset management value chain (Front Office, Trading Desk, Investment Compliance, Middle and Back Office, Analytics and Reporting, etc.) The company also acts as a holding company, retaining share capital in the boutiques and Generali Investments’ companies.