Internship Risk Management

Function positioning:
You will be part of the Credit Risk Management (CRM) and Market Risk Management (MRM) teams which are part of the Risk Management Division (RMD).
CRM team performs regular monitoring and escalation of material credit risks, credit stress testing, credit risk modeling, ICAAP and Recovery Plan, coordinates Risk Appetite Statement process and Strategic Risk Assessment process, and recommends appropriate action to the senior management.
MRM monitors and escalates market risk-related control issues to internal committees, ensures compliance with risk limits and risk-appetite, performs interest rate risk and liquidity stress testing, and recommends appropriate action to the senior management.
Main purpose of the role
The purpose of this internship is to provide a support in the area of financial risk management during June - September period. The role requires a person with analytical and quantitative skills who is capable of organizing large data sets to produce clear, concise and meaningful reports for internal and external stakeholders. The person should be able to demonstrate communication and presentation skills, think independently and critically to create own views, while efficiently manage time and work priorities.
By working in one of the largest international banks in the world an intern will gain an exposure to an international working environment and obtain working knowledge of concepts and technical skills obtained during the study. Subject to your skill level you will have an opportunity to contribute to structural improvements in reporting and obtain practical experience with development of banking models. We understand that you are only at the beginning of your professional development, hence you will be offered support and guidance during the time of internship.

Key responsibilities

• Organize, process and analyze large data sets;
• Support in automation of reporting;
• Contribute to structural improvements in monitoring and reporting;
• Support internal stress testing activities;
• Contribute to development of internal credit and stress testing models;
• Assistance with other ad-hoc assignments and projects owned by the CRM and MRM teams;

Skills and Experience

• Progress towards Master degree in Economics, Econometrics, Finance, Engineering or other relevant field of study;
• Working knowledge of Advanced Excel (VBA)
• Basic knowledge of programming (i.e. Python, R, SQL) is an advantage;
• Modelling, data manipulation and problem solving abilities;
• Preferably engaged in the process to obtain CFA, FRM or PRM certification;
• Fluent language skills in English.

Personal Requirements

• Interest in banking industry, particularly in wholesale banking;
• Enthusiasm to work in international multicultural environment;
• Team player;
• Drive to translate ideas into practical solutions;
• Ability to explain a complex topic in a structured manner;
• Attention to detail;
• Willingness to handle a significant and diverse workload.

What do we offer:

• Gaining banking experience in one of the largest global banks;
• Obtaining working knowledge of financial concepts and technical skills obtained during the study;
• Introduction to various areas of financial risk management (i.e. credit, enterprise, market, liquidity risks);
• Flexible working arrangement;
• Internship is paid.

Subject to a mutual consent, internship could be extended to work on a topic for your master thesis and/or to a permanent role.