Intern - Treasury Front Office (f/m/d)

Clearstream Banking S.A. • Luxembourg

Build the future of financial markets. Build yours.

Ready to make a real impact in the financial industry? At Deutsche Börse Group, we'll empower you to grow your career in a supportive and inclusive environment. With our unique business model, driven by 16,000 colleagues around the globe, we actively shape the future of financial markets. Join our One Global Team!

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Who we are

Who we are

Deutsche Börse Group is one of the world’s leading exchange organisations and an innovative market infrastructure provider. With our products and services, we ensure that capital markets are fair, transparent, reliable, and stable. Together, we develop state-of-the-art IT solutions and offer our IT systems all over the world. 

Within the Deutsche Börse Group, Clearstream is an international central securities depository (ICSD). It provides post-trade infrastructure and securities services for the international market and 59 domestic markets worldwide, with customers in 110 countries.

Luxembourg

Your career at Deutsche Börse Group

Your area of work:

As an intern (f/m/d) in Clearstream Treasury you will join the team responsible for treasury credit and default management topics across Clearstream entities. You will gain deep, hands-on exposure to how an international central securities depository (ICSD) and post-trade market infrastructure manages credit risk, collateralized exposures, and liquidity buffers under robust risk frameworks.

During your internship, you will actively contribute to key strategic analyses on collateral frameworks—evaluating emerging asset classes and risk mitigation methodologies—while driving digital transformation and process automation.

Note on the scope: The specific allocation and depth of assigned topics is flexible and subject to change based on the duration, timing, and operational priorities of the internship.

 

Your responsibilities:

  • Crypto & Digital Assets Analysis: Conduct structured research into crypto/digital assets and analyze their pros and cons as potential collateral for client business, evaluating market, liquidity, operational, and regulatory aspects.
  • Collateral & Haircut Methodologies: Support the quantitative and qualitative evaluation of haircut methodologies applied to collateral accepted in reverse repo and secured financing transactions.
  • Process Automation & Tech Collaboration: Support the automation of Treasury processes and reporting workflows—working autonomously on rapid scripting/tooling or in close cooperation with IT for more complex system implementations.
  • Treasury Credit & Default Management: Gain practical exposure into Clearstream’s credit operating model, learning how the business steers credit capacity across the lifecycle, evaluates resource consumption (credit, liquidity and collateral), and integrates default management readiness.
  • Ad-hoc Analysis & Presentations: Prepare financial data analyses, management summaries, and presentation decks for internal committees and team decision-making.

 

Your profile:

  • You are enrolled in a Bachelor's or Master's degree program in Finance, Economics, Financial Engineering, Business Mathematics, Computer Science, or a related field (with a valid internship agreement / convention de stage), or graduated no more than 6 months ago.
  • Genuine curiosity and strong interest in treasury operations, financial markets, credit/collateral risk management, and evolving digital asset ecosystems.
  • Affinity for quantitative analysis, structured working methods, and attention to detail when working with complex financial concepts.
  • Very good command of MS Excel. Prior experience with, or a strong willingness to learn, scripting and automation tools (e.g., Python, VBA, SQL, or workflow automation) is considered a clear advantage.
  • Proactive, self-motivated approach with strong communication skills and the ability to integrate smoothly into an international, collaborative team.
  • Excellent command of written and spoken English is required.

Why Deutsche Börse Group?

We are committed to providing a work environment where everyone feels welcome and can reach their full potential. Our standards go far beyond simply matching candidates with the right position.

Mobility

We enable you to move freely with our job tickets, job (e-)bikes and free parking opportunities.

Work environment

Collaboration, communication, or deep focus – in our modern office buildings you will find the perfect work environment. Free drinks and food and meal allowances included.

Health and wellbeing

We care for your health and wellbeing and besides various health promotion measures we offer you a group accident insurance and additional insurance offers at discounted rates.

Financial stability

We provide financial stability by offering attractive salaries, company pension schemes, participation in our Group Share Plan, as well as bonuses, subsidies and discounts.

Hybrid work

Collaborate and exchange on-site or work remotely several days a week in line with business needs and local regulations. Our hybrid working model combines the best of both worlds.

Flexible working hours

We want your job to fit your life situation and offer flexible working time models, childcare allowance, or the possibility to study alongside your job.

Internationality

Our market infrastructures are globally connected. Working with us means collaborating with like-minded colleagues across over 60 locations from more than 100 nations.

Development

We promote individual development by offering internal development programmes, mentoring, further education and training budgets.

Contact
Ninwe Gourie – Campus Recruiting

Ninwe Gourie – Campus Recruiting

Are you interested in an internship, an apprenticeship or a working student job?
 

+496921111810

Our Campus Recruiting Team is looking forward to your call or e-mail.

Ready to start your career with us?

Apply now!