Origination & AI Intern (m/w/d) | Starting from September 1, 2026

Armira

YOUR MISSION You will be the technical backbone of Armira’s emerging Data & AI function, responsible for building and maintaining the firm’s internal data infrastructure and AI-powered workflows. This is a two-pillar builder role: you will be responsible for (1) designing and implementing Armira’s central data warehouse, ingestion pipelines, data models, and reporting layer, and (2) building AI- and LLM-powered internal tools and workflows that support the investment team’s day-to-day processes, leveraging existing APIs, agent frameworks, and workflow automation tools. Depending on your background, you may lean more toward one pillar initially – what matters is the ability and drive to work across both. YOUR RESPONSIBILITIES Pillar 1: Data Warehouse & Infrastructure * Architect, build, and maintain a centralised data warehouse consolidating fragmented data sources across the firm * Design ETL/ELT pipelines to ingest, transform, and structure data from market databases, deal pipeline sources, and internal systems * Implement data quality frameworks and governance standards appropriate for a regulated financial services environment  * Build dashboards and reporting tools to enable self-service analytics for the investment team   Pillar 2: AI Workflow Development & Internal Tooling * Design and build AI-powered workflows (e.g., LLM integrations, n8n/Make automation) to automate and enhance deal sourcing, due diligence support, and internal reporting workflows * Develop internal tools and applications using LLM APIs, integrating with existing systems (CRM, document management, communication platforms) * Prototype, test, and iterate on AI-powered workflows, translating business requirements into technical solutions under the guidance of senior leadership * Stay current with the rapidly evolving AI/LLM ecosystem and evaluate and recommend new tools and approaches for implementation Technical Approach & Stack Expectations We expect you to leverage well-established, cloud-native tools and to keep the architecture simple, well-documented, and maintainable, so that another engineer could understand and operate key pipelines within a short onboarding period. We are not optimising for cutting-edge custom architectures, but for pragmatic, robust solutions. The expected tech stack aligns with well-established tools in data engineering: * Data Warehouse: e.g., Snowflake, Fabric * Cloud: Preferred Azure * Transformation & Orchestration: dbt / Airflow * Visualisation: Tableau / Power BI * Programming: Python, SQL * AI/LLM: OpenAI, Anthropic APIs; agent frameworks (LangChain, MCP, etc.); workflow automation (n8n, Make) YOUR PROFILE Required Qualifications: * Degree in Computer Science, Data Science, Engineering, or a related quantitative field * 2+ years of professional experience (Specialist: 2–5 years; Manager: 5+ years) in data engineering, software development, or applied data science * Ideally, at least one end-to-end build of a data product, internal tool, or data platform in a professional setting (e.g., designing a data model, building pipelines, and putting dashboards or an internal application into production) * Strong programming skills in Python; solid experience with SQL and modern data stack tools (e.g., Snowflake, dbt, Airflow) * Experience with cloud platforms (AWS, GCP, or Azure) * Familiarity with LLM APIs (OpenAI, Anthropic, or similar) and willingness and experience to build AI-powered workflows (e.g. n8n, make.com) * Ability to work independently, manage ambiguity, and deliver end-to-end solutions * Fluent in English; German proficiency is a strong plus Preferred Qualifications: * Experience in or exposure to financial services, consulting, or private equity * Familiarity with agentic AI frameworks (LangChain, CrewAI, or similar) and/or workflow automation platforms (n8n, Make) * Experience with data visualisation tools (Tableau, Power BI, or similar) * Understanding of PE workflows (deal sourcing, due diligence, reporting) as context for building effective internal tools * Track record of building data products or internal tools in a smaller-team environment WHY US? What We Offer: * Unique opportunity to build a function from scratch at a leading DACH investment holding * Deep exposure to the investment team and PE deal-making: you will sit in on deal discussions, portfolio reviews, and strategy meetings, building a genuine understanding of how private equity works and developing your own professional network in the industry * Competitive compensation  * Munich-based role with work-from-home options, combined with a collaborative, entrepreneurial team culture * High autonomy with clear career growth path as the data function scales * Learning and development budget for conferences, courses, and certifications

iwoca

The company Small businesses move fast. Opportunities often don’t wait, and cash flow pressures can appear overnight. To keep going, and growing, SMEs need finance that’s as flexible and responsive as they are. That's why we built iwoca. Our smart technology, data science and five-star customer service ensures business owners can act with the speed, confidence and control they need, exactly when it's needed. We’ve already cleared the way for 100,000 businesses with more than £4 billion in funding. Our passionate team is driven to help even more SMEs succeed, through access to better finance and other services that make running a business easier. Our ultimate mission is to support one million SMEs in their defining moments, creating lasting impact for the communities and economies they drive. Hybrid in London or Leeds, United Kingdom We're looking for an M&A Intern to join manda, iwoca's M&A platform. This is a paid off-cycle internship of up to 6 months, with the intention to convert into a full-time analyst role. manda is where AI meets Mergers & Acquisitions. Over the last months we've built an unbeatable proposition for the UK market of buying and selling small businesses, and our pipeline is growing rapidly across both sell-side and buy-side. Most M&A firms shy away from the sub-£10m EV segment because information asymmetry, lack of knowledge, and low transaction sizes make it hard to serve profitably. iwoca has 150,000+ SME customers in the UK and a track record of building clean, automated processes, and manda is leveraging that to build the only M&A platform serving this market properly. Your edge as an intern: you'll work on live sub-£10m transactions from week one, not pitch books for deals you'll never touch. You'll see the full deal lifecycle (origination, diligence, execution, close) inside a venture small enough that the work you do moves the business, and you'll have AI and automation as leverage rather than as a side project. The team You'll sit inside the manda Deal Team and work directly with the people running the platform: our sell-side and buy-side Transaction Managers, our Due Diligence Manager, and the Venture Lead. The team is small enough that you'll be in the room for real decisions on live deals, and the tooling we use (CRM, VDR, AI automated workflows) is being built in parallel by the same people you'll be working alongside. The role The internship is split into two phases to give you both breadth across the deal engine and depth on a project you own. Phase 1: Core M&A Operations (first 2 months). You'll be embedded into one or more of our live workstreams depending on deal flow and team priorities. You'll do real day-to-day work supporting the team where it matters most. Likely placements include: * Sell-side execution: supporting our sell-side Transaction Managers across the deal lifecycle. Qualifying inbound and outbound vendor leads, preparing materials, populating Virtual Data Rooms, and coordinating buyer Q&A. * Buy-side execution: supporting our buy-side Transaction Manager managing the live pipeline of searchers and acquirers. Qualifying buyer mandates, matching them to live sell-side opportunities, and helping move deals through to LOI. * Due diligence support: working with our DD Manager on company valuation and diligence for live sell-side mandates. Turning raw SME data into clear reports on business model, financial position, and fair valuation. * Origination: identifying SMEs likely to sell, running our "likely seller" models against iwoca's customer base, and converting matches into mandates. * Product, data & AI: turning manual workflows into automated ones, mapping the data schema for our "Digital IM", and building AI-enabled tooling that gives our Transaction Managers leverage. You'll work closely with the Venture Lead on this. Phase 2: The project (months 3-6). Once you've built the foundation, you'll scope a project with the Venture Lead to solve a real problem or seize an opportunity you've identified during Phase 1. You'll spend the rest of the internship executing it end-to-end with full ownership and regular check-ins. Past examples of the kind of project we'd back: a model that scores acquisition targets against a buyer's mandate, an AI workflow that drafts a first-pass IM from raw accounts, or a structured outbound channel into a new vendor segment. Who you are You're interested in M&A, FinTech, or building things from scratch, and you want to do all three at once. Most importantly, you're smart, motivated, humble, and have a growth mindset. * You are need-driven. You take whatever is in front of you and move it forward, whether that's fixing a broken spreadsheet, calling a vendor, or cleaning up CRM data. You don't wait to be told what's important. * You are financially literate. You can read a P&L and a balance sheet, spot what's odd, and ask the question that surfaces the real story behind the numbers. * You are tech-curious. You bring your own stack, you're already using AI tools to multiply your output, and you treat any manual workflow you see as a candidate for automation. * You are a clear communicator. M&A runs on trust. You write professional emails, you're not afraid to pick up the phone, and you can hold a conversation with a 60-year-old business owner about the company they spent 30 years building. The requirements * Available for a full-time, off-cycle placement of up to 6 months. * Strong academic background, open to all disciplines though Finance, Economics, or Business preferred. * Any experience, projects, or initiatives that show genuine M&A, FinTech, or entrepreneurial interest. We care more about evidence of initiative than a polished CV. * Bonus: experience working with SME data, financing, or M&A workflows. The salary & conversion This is a paid internship with annual compensation of £30k. If it goes well and there's a fit on both sides, we'd convert you into a permanent role on the manda team, with compensation re-benchmarked against the new position. The culture At iwoca, the best idea wins. We model our culture on independent thinking, challenging untested logic, and evidence-based decisions. We prioritise learning and growth, and give people the autonomy to develop in the direction that makes them most effective. We're a tech company and believe in the power of AI to help us work faster and better. We provide the infrastructure where every iwocan always has access to the best models and where those models have access to all of our data. We will help our people to learn how to use and grow with the new tools available to them. The offices We put a lot of effort into making iwoca a great place to work: * Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks. * Events and community-led groups, including running groups, padel, and monthly ping-pong and pool competitions. The benefits * Flexible working hours. * Medical insurance from Vitality, including discounted gym membership. * A private GP service (separate from Vitality) for you, your partner, and your dependents. * 25 days’ holiday per year, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave. * A one-month, fully paid sabbatical after four years. * Instant access to external counselling and therapy sessions for team members that need emotional or mental health support. * 3% Pension contributions on total earnings. * An employee equity incentive scheme. * Generous parental leave and a nursery tax benefit scheme to help you save money. * Electric car scheme and cycle to work scheme. * Two company retreats a year: we’ve been to France, Italy, Spain, and further afield. And to make sure we all keep learning, we offer: * A learning and development budget for everyone. * Company-wide talks with internal and external speakers. * Access to learning platforms like Treehouse. Useful links: * iwoca benefits & policies

Everfield

About Everfield Everfield is a long-term investor and growth partner for European vertical market and specialist software companies. We acquire successful, mission-critical software businesses and support them in accelerating sustainable growth while preserving their entrepreneurial identity. Our growing ecosystem brings together ambitious teams and software companies operating across a wide range of industries throughout Europe. About the Role As an M&A Analyst Intern, you will support Everfield’s M&A team throughout the investment lifecycle, from market mapping and opportunity assessment to valuation, due diligence and transaction execution. You will gain hands-on exposure to live transactions while developing a strong understanding of vertical software business models and the European technology landscape. What You Will Do * Research and map vertical software markets across France * Identify and assess potential acquisition opportunities * Analyse companies’ business models, markets, competitive positioning and financial performance * Build valuation analyses and review software-specific metrics, including recurring revenue, retention, growth and profitability * Prepare company profiles, investment materials and internal recommendations * Support financial, commercial and operational due diligence * Assist the team throughout transaction execution and closing * Engage with founders and business owners as part of the origination process * Maintain accurate company and transaction data in the CRM * Contribute to AI and automation initiatives across sourcing, screening and internal M&A processes What We Are Looking For * Currently completing a Master’s degree in finance, business or engineering * Previous experience in investment banking, private equity, corporate development, transaction services or a similar environment * Understanding of financial statements, valuation methods and M&A processes * Strong financial modelling, analytical and synthesis skills * Interest in software, technology and recurring-revenue business models * Advanced proficiency in Excel and PowerPoint * Professional fluency in French and English * German or Spanish would be an advantage Your Profile * Curious about software, technology and entrepreneurship * Tenacious, energetic and comfortable engaging with founders and senior executives * Proactive and eager to take ownership of your work * Structured and attentive to detail, with the discipline to follow established processes * Comfortable working independently while contributing to a collaborative team * Able to adapt quickly and continuously improve the way work is delivered * Entrepreneurial, hands-on and internationally minded Why Join Everfield? * Gain meaningful, end-to-end exposure to European software M&A * Work directly on live sourcing, valuation and due diligence activities * Develop a strong understanding of vertical software business models * Take ownership of projects from the beginning of your internship * Join an entrepreneurial and international team in a rapidly growing European software ecosystem