Credit Risk Internship

Job Title: Credit Risk Intern

Dates: Monday 17 June - Friday 23 August 2019

Overview of the Role: Paid 10-week summer internship based in our London office.

4most will provide you with an insight into Credit Risk as a potential career option by building up your knowledge of the sector and equipping you with basic coding skills alongside a project.

The 10-week internship programme is split into 2 parts:

Part 1: This will cover industry background information, regulations and interactive coding workshops and independent practice assignments.

Part 2: This will be a practical project either working individually or as part of a team, where you will be expected to undertake analysis and draw conclusions from your results. You will present your results to directors / senior managers at the end of the project.

You will be assigned a ‘buddy’ (usually a recent graduate) for the full duration of the internship programme. They will be able to support and answer any questions about your tasks/assignments and working at 4most in general.


Content Details:

Theory: Includes Introduction to Credit Risk, IFRS 9, Capital and Impairment, Signature Curves, Economics Overview, Machine Learning, Model Validation, Regulations and Insurance.

Technical workshops: Interactive workshops covering SAS (WPS), R and Python. Learning basic data steps/manipulation, data investigations and analysis, understand and write macros, building a regression model and a scorecard build.

Assignments: You will be given short assignments to complete, which mirror the WPS seminars and technical content covered.

Project: The final segment of the internship will allow you to put all skills and knowledge learnt towards a project which involves research, analysis, problem solving and presenting a final solution with reasons to support.


Requirements:

We do not expect you to have finance or credit risk knowledge, but you should be curious to learn about credit risk:

  • Studying towards / already achieved a relevant numerical Bachelor’s/Master’s degree with statistical content (e.g. Mathematics, Economics, Physics etc)

  • Good analytical skills and a desire to work with data

  • Structured and methodical

  • Open to challenge

  • Team player

  • Inquisitive, enthusiastic and honest


Application Process:

If you’re interested in applying for our internship, please complete the online application form here and email your CV and cover letter to internships@4-most.co.uk.

The application process will consist of:

  • A short application form

  • CV and cover letter submission

  • Telephone interview (30 minutes)

  • Face to face interview at our London office