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

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

Tracing its origins to 1585, Deutsche Börse Group has become one of the world’s leading exchange organisations and an innovative market infrastructure provider. In this role, we provide investors, financial institutions and companies access to global capital markets. What’s your part in all this? With your commitment you contribute to the success of our unique business model: offering a wide range of products, services and technologies for security, transparency and integrity on the markets. By creating trust in the markets of today and tomorrow we foster growth and contribute to the prosperity of future generations. 

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.

What you can expect from us 

Deutsche Börse Group embraces an international climate, whereby diversity is universal. This is evident across the board, be it through our diverse workforce, routine responsibilities or other areas of activities and scope of application. We are looking for employees who enjoy working in a dynamic and flexible environment and are willing to put forward innovative ideas for the company. An open mindset, a proactive approach and self-motivation are prerequisites. 

We value diversity and therefore welcome all applications - regardless of gender, nationality, ethnic and social origin, religion/belief, disability, age, sexual orientation and identity.