12 Month Internship - Market Risk

Crédit Agricole CIB

  • London
  • Training
  • Full-time
  • 13 days ago
Join our team as a Risk Intern, reporting directly to a senior FX and FX Options Risk Manager. This role provides critical risk analytics that inform trading decisions and ensure compliance with market risk appetite and regulatory requirements. The position offers exposure to complex financial products in a dynamic market environment, ideal for those with a strong mathematical and programming background.Key Responsibilities but not limited to:
  • Market Data Management: Collect, validate, and perform quality control checks to detect large variations of market parameters
  • P&L Analysis: Perform comprehensive daily P&L analysis, linking movements to underlying market drivers and trading strategies, and prepare commentary for senior risk management
  • Risk Monitoring: Monitor key market risk indicators to ensure adherence to market risk limits and highlight/escalate large exposures
  • Advanced Risk Modelling: Conduct detailed VaR calculations, perform VaR back-testing, and run stress scenarios to identify key risk drivers and portfolio vulnerabilities
  • Tool Development and Enhancement: Maintain existing risk monitoring tools and contribute to the design and implementation of enhanced analytics and reporting solutions to improve risk management efficiency
Supplementary InformationJoin our team at Crédit Agricole CIB, the corporate and investment banking arm of 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2023). We offer more than just a job.You will be part of a dynamic and collaborative work environment where CSR is embraced in our day-to-day business operation, innovation is encouraged and diversity is celebrated.Crédit Agricole CIB, the first French bank to have committed to the Equator Principles, is a pioneer and global leader in sustainable finance. Our commitment to means that your work will have a positive impact on our communities and the environment.With a people-centric culture where everyone is valued, and opportunities for personal and professional growth, Crédit Agricole CIB is not just a place to work - it is where you make an impact.Our hiring process is open to all and should you have any particular needs or you may require adjustments, please let us know.Position locationGeographical areaEurope, United KingdomCityLondonCandidate criteriaMinimal education levelBachelor Degree / BSc Degree or equivalentAcademic qualification / SpecialityFurther education with emphasis on Markets, Economics, or Computer programming is an advantageExperienceN/ARequired skills
  • Strong mathematical ability required to perform analysis on P&L and risk indicators
  • Team player with adaptability and flexibility
  • Ability to work under pressure and to tight deadlines with a strong attention to detail.
Technical skills required
  • Proficiency in programming languages such as Python, R, SQL, and VBA is highly advantageous

Crédit Agricole CIB