Internship - Internal Validation
Published on 09/12/2024
Banque Internationale à Luxembourg (BIL)
- Luxemburg (Canton), Luxemburg
- Finance
Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.
As a major player in Luxembourg's finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future generations.
Your next challenge:
- Collaborate with the Internal Validation Team to understand the requirements for the validation of different models (LGD, PD…).
- Assist in the collection and aggregation of data from various internal systems and databases.
- Develop and maintain a structured dataset that includes all necessary variables for the computation of observed LGD.
- Conduct preliminary data analysis to ensure data quality and completeness.
- Automate the execution of required statistical tests using programming languages and tools (e.g., Python and SQL).
- Document the testing procedure, dataset structure, data sources, and methodologies used for data preparation and testing automation.
- Support the team in the preparation of reports and presentations for stakeholders.
Your skills:
- Currently pursuing or recently completed a degree in Finance, Data Science, Statistics, Mathematics, or a related field.
- Familiarity with data manipulation and analysis tools such as Python, and SQL.
- Strong analytical and problem-solving skills with attention to detail.
- Excellent communication skills, both written and verbal.
- Ability to work independently and collaboratively in a team environment.
- Fluency in English is mandatory. Any other language is a strong asset.
BIL offers a broad range of challenging projects and a huge choice of career paths .We will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.
BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the Bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.
NB: The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled. Other documents will be collected, to the extent legally permitted, to perform background checks.
