Intern - Model Validation Team (f/m/d)

Your area of work:

The Model Validation Team plays a critical role in ensuring the robustness, accuracy, and compliance of the risk models used at Clearstream. This is your chance to gain hands-on experience in a high-stakes environment, working with professionals who validate cutting-edge financial models.

Your responsibilities:

• Assist in validating risk models used for operational risk, credit risk, market risk, and liquidity risk management.

• Perform statistical analyses and backtesting to assess model performance.

• Review model assumptions, methodologies, and limitations.

• Develop and run stress-testing frameworks to evaluate model robustness under extreme scenarios.

• Research innovative approaches to enhance model accuracy and validation processes.

• Document findings and prepare validation reports in alignment with regulatory requirements (e.g., CSDR, MaRisk).

Your profile:

• Currently pursuing a Master’s/PhD in a quantitative field such as Finance, Mathematics, Statistics, Computer Science, Economics, or related disciplines and can provide an internship agreement OR have graduated with a Bachelor's degree or similar for no more than 6 months

• Strong programming skills in Python, R, or a similar language.

• Familiarity with statistical analysis, probability theory, predictive modeling, data science techniques, time series analysis, clustering, etc.

• Basic understanding of financial products (e.g., fixed income) and risk management concepts.

• Excellent problem-solving abilities with a keen eye for detail.

• Strong ability to interpret and critically analyze data.

• Effective communication and writing skills.

• Ability to work both independently and collaboratively in a team.

• Fluent in English (spoken and written); German is a plus.