Rates Sales Analyst – Southern Europe (Milan)

Deutsche Bank AG; Lombardia; Hybrid; EUR 84,000 - 100,000; Full time

Benefits offered by this job

Meal allowance

Pension Fund

Welfare Plan

Banking services for employees

Job summary

Deutsche Bank AG in Milan is seeking a Southern Europe Rates Sales Analyst to join the Institutional Client Group. The role supports the Southern Europe Rates Sales team in developing and maintaining relationships with institutional clients and assists in origination, structuring, and execution of Rates transactions across cash and derivative products.

The ideal candidate holds a Master’s degree, speaks English and Italian, and has strong knowledge of fixed income markets and derivatives.

Qualifications

• Master’s degree (Magistrale or higher).
• Proficient Knowledge of English, and Italian. Other languages would be a plus.
• Strong Knowledge of fixed Income Markets and Derivatives.
• Previous experience (internship count too) in a bank dealing room (not necessarily in sales).
• Proven ability to leverage IT and AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Responsibilities

• Support the Southern Europe Rates Sales team in developing and maintaining relationships with institutional clients.
• Assist in the origination, structuring and execution of Rates transactions across cash and derivative products.
• Monitor interest-rate markets, central-bank developments and macroeconomic trends and provide relevant market intelligence to clients.
• Develop and communicate trade ideas, market updates and tailored hedging and investment solutions.
• Work closely with Rates Trading, Structuring and Research to respond to client enquiries, provide pricing and execute transactions.
• Perform quantitative, market and client analysis to support business development and client discussions.
• Prepare client presentations, meeting materials and business analytics, and support the monitoring of client activity and the opportunity pipeline.
• Ensure all activities are conducted in accordance with applicable regulatory, compliance, conduct and internal control requirements.

Job description

Southern Europe Rates Sales Analyst - Milan (f/m/x)

Job ID:R0449239 Full/Part-Time: Full-time

Regular/Temporary: Regular Listed: 2026-09-25

Position Overview

Salary range: 84.000- 100.000 €

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities.

Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management division.

Together we can make a great impact for our clients home and abroad, securing their lasting success and financial security.

The Institutional Client Group (ICG) in Investment Bank - Fixed Income & Currencies, manages the Bank's relationships and trading activity with institutional investors across the full Debt product spectrum. ICG Debt leverages the global trading platforms of Deutsche Bank with regional expertise on five continents.

With leading market share in nearly every product, the success relies on factors such as our broad range of products, our tech infrastructure, our capacity to execute large and / or complex transactions, an to anticipate the impact of market and regulatory changes to clients’ business, and leveraging the Bank’s product, research and structuring expertise to offer tailor-made solutions which are customized to meet the specific requirements of each individual client.

The Sales Specialist will work with the Lead Salespersons to meet the team revenue targets.

Responsibilities

• Support the Southern Europe Rates Sales team in developing and maintaining relationships with institutional clients.
• Assist in the origination, structuring and execution of Rates transactions across cash and derivative products.
• Monitor interest-rate markets, central-bank developments and macroeconomic trends and provide relevant market intelligence to clients.
• Develop and communicate trade ideas, market updates and tailored hedging and investment solutions.
• Work closely with Rates Trading, Structuring and Research to respond to client enquiries, provide pricing and execute transactions.
• Perform quantitative, market and client analysis to support business development and client discussions.
• Prepare client presentations, meeting materials and business analytics, and support the monitoring of client activity and the opportunity pipeline.
• Ensure all activities are conducted in accordance with applicable regulatory, compliance, conduct and internal control requirements.

Skills

• Master’s degree (Magistrale or higher).
• Proficient Knowledge of English, and Italian. Other languages would be a plus.
• Strong Knowledge of fixed Income Markets and Derivatives.
• Previous experience (internship count too) in a bank dealing room (not necessarily in sales).
• Proven ability to leverage IT and AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Emotionally and mentally balanced: We encourage work-life balance and we are committed to provide an environment with your development and wellbeing at its centre. We support you in dealing with life crises, maintaining stability through illness, and maintaining good mental health. We promote a culture where you can openly speak about mental health (Personal Support Line).

Physically thriving: We support you managing your physical health by taking appropriate preventive measures and providing an insurance coverage and welfare benefits.

Socially connected: We strongly believe in collaboration, inclusion and feeling connected to open up new perspectives and strengthen our self-confidence and well-being; we organize conferences, webinar and networking opportunities to share diversity, equity and inclusion contents.

Financially secure: We support you to meet personal financial goals during your active career and for the future. Benefit from meal allowance, Pension Fund, Welfare Plan, banking services for employees.

#LI-Onsite

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.