Internship - Debt Capital Markets (all humans)

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Erste Group was founded in 1819 as the first Austrian savings bank and is today one of the largest stock-listed banking groups in Central Europe. As an attractive employer, Erste Group offers interesting career opportunities in an international environment.

The Debt Capital Markets (DCM) Group is comprised of Financial Institutions Group (FIG), Sovereigns, Supranationals and Agencies (SSA) as well as Corporates. Broadly, the DCM business focuses on a wide range of debt-related transactions, including syndicated bonds, private placements, hybrid bonds, EMTN drawdowns, and “Schuldschein” loans.

As part of this internship, you will particularly work in the “FIG & SSA Capital Markets” department, a globally leading DCM house and prominent underwriter of bond issuances, with a strong focus on syndicated bonds and private placements. The Origination team is responsible for securing mandates from issuers such as banks and insurers within the FIG segment globally as well as from SSA clients, supporting as well as advising them throughout issuing debt capital.

Our scope of work comprises the coordination of the entire issuance process, from preparatory marketing activities to managing work streams between legal advisors, research, bond syndicate, and fixed income sales teams placing the transaction.

Your Tasks:

• Provide direct support to DCM originators with the aim to win new mandates by preparing presentations and pitch books as well as during execution of existing mandates by assisting in preparing transaction-specific materials


• Research of certain issuers and markets as well as preparing regular market updates


• Gathering information from Bloomberg, rating agencies as well as internal and external databases, further processing it in Excel for analysis as well as creating comprehensive and visually appealing PowerPoint slide decks


• Analysis of executed issuances and drafting transaction-related reports, such as deal summaries, as well as assisting in the preparation of RfPs to win mandates for bond issuances

Your Background:

• Ongoing studies at a university or university of applied sciences, with a focus on economics, business administration, mathematics, or a related field


• Strong interest in capital markets, particularly fixed income


• Basic understanding of DCM, rates, and macroeconomics is beneficial


• Strong Excel and PowerPoint skills; knowledge of VBA is an advantage


• Familiarity with market-standard tools such as Bloomberg is a plus


• Solid analytical, mathematical, and quantitative skills


• Relevant academic track record, ideally including coursework in finance, economics, and/or mathematics


• Ability to work effectively under pressure and manage tight deadlines


• Adaptability, flexibility, and resilience, combined with a proactive mindset


• Very good verbal and written communication skills, along with strong time management and organizational abilities


• Fluency in German and English; additional languages are a plus

Our Offer: