Intern – Banking Regulatory Policy (m/f) Expired
Published on 23/11/2024
Commission de Surveillance du Secteur Financier (CSSF)
Intern – Banking Regulatory Policy (m/f)
Mission
The 2007-2008 financial crisis exposed significant vulnerabilities in the global financial sector. The interconnectedness of financial markets, inadequate risk management, and the lack of regulatory oversight amplified the crisis, revealing structural weaknesses in the financial system. This prompted governments and regulators worldwide to implement reforms aimed at strengthening banking supervision, improving risk controls, and enhancing financial stability.
In this context, the “Regulatory Policy” division actively contributes to the development and implementation of prudential banking regulation at EU level. It also coordinates the policy work at CSSF level to adapt the national regulatory framework.
As part of the “Regulatory Policy” division, you will discover the role and the importance of prudential supervision and appropriate banking regulation. You will be assigned a dedicated professional mentor who will guide and advise you throughout your internship which is planned to start in March 2025 for a period of 5 to 6 months.
A traineeship agreement is also required for the entire duration of the internship.
Role & responsibilities
- As part of a team specialising in banking regulation, you will actively contribute to the qualitative and quantitative analysis of the answers collected through the self-assessment questionnaire in the context of the Long Form Report, which is a report to be submitted by banks on a yearly basis and which covers a broad scope of topics such as governance, credit risk, large exposures, MiFID or ESG risks.
- More specifically, the information disclosed in relation with the requirements of the sustainable finance disclosure regulation (ESG topic) will be analysed and you are expected to conduct horizontal analyses.
- In addition, you will participate to the annual exercise for the publication of prudential information, known as "supervisory disclosures", which provides a comprehensive view of the regulatory and supervisory framework in Europe and a comparison of the approaches adopted by the supervisory authorities of different Member States.
- Finally, you will assist with any other tasks related to the division's activities.
Your profile
- Final year university student working towards a Master 2 degree with a focus on economics, finance, or management.
- Strong interest in green finance (ESG), financial risk management, and quantitative approaches.
- Excellent written and verbal knowledge of French and English. Knowledge of German and Luxembourgish would be an advantage.
- Proficiency in Word, Excel, and PowerPoint.
- Proficiency in VBA programming language and knowledge of Access and Power BI tools would be an advantage.
- Strong analytical, synthesis, and communication skills.
- Critical thinking, attention to detail, and good organisational skills.
- Ability to work both independently and as part of a team.