Beschreibung

Working Student Credit Risk Modelling (f/m/d)

General information
Job ID 53775 Area Risk Management Start Date Immediately Contract Temporary Working Time Model Part-time Location(s) München |


Our Credit Risk Modelling division plays a key role in shaping the bank’s risk landscape. We are responsible for designing rating processes and developing internal rating systems that accurately estimate the probability of default, exposure at default, and loss given default, in full compliance with ECB regulations. Additionally, we oversee the modelling of Generalized Loan Loss Provisions in accordance with the IFRS 9 accounting standard, as well as models outside the scope of Basel Pillar 1. We operate in a dynamic, international environment where attention to detail is essential. Our team values precision, collaboration, and innovation in tackling complex risk challenges.


What you can expect from us

- Actively contribute to current model development projects by supporting senior colleagues, conducting statistical analyses independently , and assisting with the evaluation and interpretation of results.
- Participate in the re-parameterization of existing models and ensure high-quality documentation using LaTeX.
- Automate recurring tasks such as data extraction , reporting and monitoring processes.


What we expect from you

- Ongoing studies in Data Science , Statistics , Information Technology , Economics , or Finance with a strong quantitative focus, ideally with a specialization in banking or insurance.
- Prior work experience in the banking or insurance sector is a plus.
- Solid foundation in statistics , mathematics, particularly in numeracy, optimization, and stochastic processes.
- Strong affinity for numbers , analytical thinking, and quick comprehension of complex topics.
- Programming skills are required (e.g. Python, R); the specific language is not critical, but the ability to code is essential.
- Prior knowledge of SQL and SAS and familiarity with LaTeX for technical documentation are a plus.
- Excellent command of written and spoken English .
- Strong teamwork and communication skills .
- Ability to work independently , with a solution-oriented and structured approach


Our offer to you
#HandsOnExperience - Exciting projects in the sector of rating procedures with a direct impact for the bank. #UnlockYourPotential - With us, you are guaranteed a steep learning curve. In your multifaceted internship, you can supplement your theoretical knowledge from your studies with practical insights and thus find out where your passion lies. #EnjoyNetworking - From day one, you will be part of a vibrant community and a great team that supports each other. In addition to your day-to-day job, numerous events await you where you can make contacts in all areas and divisions of the bank. #BalanceYourLife - Digitization and flexibility shape our modern working world. Design your working life with flexitime the way it suits you best: Whether in the office or remotely. #BeAppreciated - You are part of the team from the very beginning and worth every single cent to us. That is why we reward your commitment and impact with €2,200 gross per month for voluntary and mandatory internships. #EnjoyMunich - Work in Germany's most beautiful city: Mountains and lakes on your doorstep, plenty of cultural offerings and, of course, Weißwürste, Oktoberfest, and football. Our headquarter also offers you the best career and development opportunities. #ThinkEuropean - We are not only one of the largest financial institutions in Germany, but as part of UniCredit we are also internationally active and successful. With us, you can expect a pan-European company with regional ties as well as stimulating career opportunities in the world's most exciting cities.


UniCredit is built on Integrity, Ownership and Caring. Living these Values authentically means doing what is right for our colleagues, clients, and communities. We are a pan-European Commercial Bank with a unique service offering in Italy, Germany, Central and Eastern Europe. We serve over 15 million customers worldwide and our strength comes from the impact we can make on those people’s lives and on our environment.

Rooted in our company’s Purpose is helping our communities to progress, not only through our differentiated products and services, but also through our investments aimed at building a sustainable future for our communities and strengthening their financial well-being. Moreover we contribute to addressing the climate and environmental crisis by minimizing our carbon footprint and helping our customers and communities do the same.

Our colleagues are critical to the success of our Purpose. They are the driving force behind the impact we make in the communities we serve. When you join UniCredit, you become part of an international, inclusive and diverse community that leverages on “diversity of thought", regardless of gender identity, age, ethnicity, orientation, ability or cultural background.

As you grow in our company, we back you up through a common Culture of learning and collaboration, benefits, programs, and flexibility that support you personally and professionally.

Because we believe that the best way to make a difference in our client’s life is to make a difference in the life of our people.

Discover more about our Culture and Purpose and our ESG commitments.


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