(COMPANY NAME) is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe's banking history. It has a presence in 71 countries, with 200 000 Employees - including more than 150 000 in Europe and 6 000 in Portugal alone.
(COMPANY NAME) is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, the Group has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Thanks to its international presence and regular and close collaboration among its businesses, (COMPANY NAME) has the resources to support all clients -- individuals, entrepreneurs, SMEs, large corporates, institutional investors and community organisations -- with financing, investment, savings and protection solutions that help make their projects a success. (COMPANY NAME) holds key positions in its three core operating divisions: Domestic Markets and International Financial Services for retail banking and specialised financial services, and Corporate & Institutional Banking for corporate and institutional clients.
Within the RISK function, Risk Enterprise Architecture (ERA) gathers and transforms data into Risk information to provide internal and external stakeholders with a holistic understanding of the Bank's current and anticipated risks.
In order to provide a transversal understanding of the Bank's risks, RISK ERA:
* Develops the infrastructure (i.e. systems, models and services) to quantify, analyze and report risks,
* Manages the quality of RISK data to ensure high standards of risk representation, analysis and reporting,
* Independently assesses the Bank's liquidity, interest rate and foreign exchange risk of ALMT activities.
RISK ERA serves the Chief Risk Officer, the General Management and the Board, as well as the RISK business domains, for each type of risk. RISK ERA is a worldwide department, located in Paris, London, Brussels, New York, Hong Kong and Lisbon.
ROLE AND RESPONSIBILITIES
The team aims to manage Stress Tests models on the one hand and to ingest and transform the data, which ultimately feeds a simulation engine, on the other hand. The STFS Lisbon unit is made of two teams:
* Stress Testing Data Analytics
The objective is to set up a quarterly database for STFS, used as a starting point to stress capital and cost of risk on the credit risk perimeter of the bank. This includes the processes of Data collection, Data ingestion, Data quality, Data preparation, Data cleaning and Data analysis in a Big Data environment with DATAIKU DSS (Data Science Studio), using PySpark, Hive, Hadoop. Data Visualization in Tableau.
* Stress Testing Methodologies and Models
This team covers the models and methodologies used for the projection of credit risk parameters for stress testing and IFRS 9. The team expertise are related to Quantitative analysis, portfolio modelling, rating migration and LGD models, Time series modelling for the anticipation of risk parameters, Numerical treatments, Reporting and analysis of stress testing outcomes.
Depending on your goals and skills, the internship could be done in one of the two team or on a transversal Stress-Testing project.
* Excellent written and verbal communication skills
* Written and oral fluency in English
* Strong academic background, with a Master degree
* Programming skills required (SQL, Python, R…)
* Recently graduated or in last academic year at school or following a Post-Graduate
* Ability to query and to analyze data
* Strong interest in the financial data
* Fluent in English
Please note that only applications submitted in English will be considered.
In case you are selected for this role, further documentation will be requested to support your hiring process.
(COMPANY NAME) is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
Primary Location: PT-11-LisbonJob Type: InternshipJob: RISKSEducation Level: Master Degree or equivalent (> 4 years)Experience Level: Not IndicatedSchedule: Full-time Reference
|Posted on:||20 Apr 2021|
|Type of job:||Internship|
|Industry:||Banking / Finance|