Stage Credit Risk Stress Modelling

Stage Credit Risk Stress Modelling

Are you in the final phase of your master's degree in Econometrics, Mathematics, Physics or another quantitative study and are you interested in the Banking industry and more specifically in risk modelling? Come and do your internship at de Volksbank!

What will you do as an intern Credit Risk Stress Modelling?
We hope to gain new insights and a fresh perspective on the latest developments in the field of credit risk modelling. We would like to give you the opportunity to do research and to perform quantitative analyses, to learn a lot and gain experience at a great bank that does things a little differently. Win-win, right?

You will be part of both the IFRS9 as well as the Regulatory Capital Credit Risk Modelling team. You will do both qualitative and quantitative research by performing academic research as well as performing analyses using SQL and Matlab. Furthermore, you will support your colleagues and participate in consultations with our stakeholders.

This is where you will work
We are pleased that you are interested in performing an assignment for our Credit Risk Modelling team. If you are interested in a broad area of ​​focus that allows for a lot of diversity in work, with a broad stakeholder management field within a people-oriented organization, then you are in the right place with us.

We have over 100 colleagues in the Risk department. Within our department, you are part of both the IFRS9 and the Regulatory Capital Credit Risk Modelling teams. These teams are responsible for developing most of the credit risk related quantitative models of de Volksbank, such that these models can be used by other teams to properly map the credit risks for the Bank and then mitigate these risks. Our ambition is to create models that provide good insight into the (future) risks of the Bank, while also remaining understandable for all stakeholders.

The atmosphere in our team? It is informal and positive. We like to have a good balance between pragmatic and sustainable solutions and do not mind to work hard. Certainly, we also have and make enough room for relaxation.

So, if you are curious about the latest developments and challenges in these fields and want to work on providing insights and solutions as a result of performing quantitative and qualitative research, then this might be the perfect internship for you!

Your qualities
You are eager to learn and want to learn all the ins and outs of credit risk within a complex banking environment. You are open to feedback, dare to ask questions and show initiative in this. In this way, you develop step by step into a skilled professional.

Furthermore:

• You are following a masters study at the university in Econometrics, Mathematics, Physics or another strong quantitative direction.
• You have strong analytical and advisory skills.
• You have an affinity with financial services.

What do you get from us?

• An internship allowance of €700 net per month based on 36 hours.
• The possibility to work 4x9 hours.
• You are part of the Credit Risk Modelling team (a large team of experienced quants who are happy to help you with your assignment).
• The possibility to work from home and at the office. Your colleagues are at the office 1 to 2 working days per week.
• If necessary, you will receive an NS Business Card for travelling (useful if you have Weekend OV, for example).
• The opportunity to build your professional network.
• Potential career opportunities after completing your studies.

Will you help de Volksbank to be ready for the future?

“I like the combination of a supportive culture, and the opportunity to take on more responsibilities and grow.”
Colleague Name, Role

“Het is gaaf om te filosoferen over risico’s binnen de Volksbank en scenario’s om te zetten in concrete cijfers”
Colleague Name, Role