Job type
Fixed Term Contract
Brand
Schedule
Full time
Study level
Master Degree or equivalent (> 4 years)
Job Function
Financial and technical expertise
Location
Milan, Lombardy, Italy
Reference
BNPSA_292026
Last update 28.10.2026
Analyst - Acquisition Finance (Graduate Programme)
ABOUT THE JOB
The CIB Global Banking EMEA Investment Banking Graduate Programme is designed as a real-experience accelerator to boost your professional development.
You will join BNP Paribas Corporate & Institutional Banking through a 12-month rotational program. The program consists of two 6-month assignments: the first one in the Acquisition Finance team in Milan and the second one in an M&A Advisory team on our European platform, based in one of our key offices.
What are the missions, the team, and the working environment like?
You will be part of a European cohort recruited from different countries and sponsored by the Global Banking EMEA Management Team.
- 6 months: you will join the Loan Capital Markets (Acquisition Finance) team in Milan, where you will contribute to the origination, structuring and execution of event-driven (e.g. M&A) and plain-vanilla loan-financing solutions for large and mid-size investment-grade corporates. You will be fully involved in various steps of the assigned transactions, acting as an analyst of the team.
- 6 months: you will rotate within European Advisory & Sectors Group (M&A Advisory). This rotation is designed to add a strategic dimension to your technical expertise: you will learn to analyze M&A transactions not only from a financing perspective but also through the lens of value creation, growth strategy and client‑sector synergies.
Upon successful completion of the program, you will be permanently assigned to a target position within Loan Capital Markets in Milan.
You will be part of the Global Capital Markets platform (of which Loan Capital Markets is a part), comprising roughly 650 employees across EMEA. The main teams are in London, Paris, Frankfurt, Brussels, Milan and Madrid. You will work in a highly international division that upholds high standards of excellence.
RESPONSIBILITIES
- Contribute to the preparation of presentations and pitches to support the marketing effort,
- Carry out research on sectors and companies, analyze operational benchmarks, valuation work, by synthesizing information from various sources,
- Perform financial and risk analysis to facilitate discussions with the bank's internal partners, develop financial models,
- Contribute to the proper execution of projects (preparation of marketing materials and financial models, process management),
- Support the marketing of transactions including the development of the strategy, schedule, target investors, collection and analysis of comments,
- Participate in the training of interns working in the team,
- Interact with internal (legal, syndicate, rating advisory, risk management, compliance) and external partners.
You will benefit from a specific two-week training program from the Investment Banking Academy, covering both technical aspects and soft skills.
PROFILE AND SKILLS
- Master’s degree in Finance, Business, Economics, or a related quantitative field.
- Recent graduate (within the last 24 months) with up to 24 months of professional experience (excluding internships or VIE).
- Prior experience in Investment Banking, with a preference for internships in Debt Markets or Leveraged Finance.
- Proven ability to thrive in fast-paced, demanding environments.
- Strong analytical mindset, proactive problem-solving skills, and high attention to detail.
- Exceptional collaborative spirit and ability to work effectively in international teams.
- Fluency in Italian and English is mandatory.
WHY BNP Paribas Corporate & Institutional Banking?
BNP Paribas Corporate & Institutional Banking (CIB) is the investment banking arm of BNP Paribas, active as global provider of financial solutions to corporate and institutional clients. With nearly 40,000 people in 52 countries across EMEA (Europe, Middle East and Africa), Asia-Pacific and the Americas, we offer solutions tailored to all our clients across capital markets, securities services, financing, treasury and financial advisory.
READY TO MAKE A DIFFERENCE?
If the answer is yes, the first step is to get to know each other. Our selection process usually includes:
- An HR interview.
- One or more technical interviews with the business.
- Contract type: Fixed term or Permanent contract, depending on experience
- Salary: Annual gross annual ranges from € 50.000 to € 60.000, adjusted for seniority and demonstrated skills.
- Working model: Hybrid working model depending on the team, to be defined with your manager.
- Location: Milan.
One intake this year: July 2027
This announcement is addressed to candidates of both sexes (Legislative Decree 198/2006, Equal Opportunities Code).
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