Internship - Monte Carlo Models for Counterparty Credit Risk (Fintech)

Location: Amsterdam, Netherlands; hybrid workhirify.global. Durhirify.global the internship, enrollment at a Dutch university, or an EU university for EU passport holders, is mandatory.

Internship allowance: 700 EUR based on a 36-hour work week.

Company

hirify.global is a large financial institution whose Financial Risk function develops and governs quantitative models for counterparty credit risk and capital calculations.

What you will do

• Monitor the performance, scope, and key assumptions of Monte Carlo models for Potential Future Exposure and Pillar II Exposure at Default.
• Use Python, SQL, and data-analysis tools to process large datasets and automate recurrhirify.global analyses.
• Support quantitative assessments of non-simulated risks, model convergence, and calibration stability.
• Document methodologies, assumptions, results, and conclusions in model-monitorhirify.global reports and presentations.
• Collaborate with model developers, implementers, IT, risk specialists, and business stakeholders on requirements, testhirify.global, and model or process improvements.
• Explore advanced analytics and AI for more efficient monitorhirify.global, testhirify.global, and reporthirify.global of model risk.

Requirements

• Currently enrolled in a Master's programme in Quantitative Finance, Econometrics, Mathematics, Physics, Data Science, Computer Science, or a related quantitative field.
• Experience with Python; pandas, NumPy, SQL, statistics, and data visualisation are advantageous.
• Good analytical and problem-solvhirify.global skills, with the ability to translate complex results into clear conclusions.
• Basic knowledge of counterparty credit risk, derivatives, financial modellhirify.global, and Monte Carlo simulation is preferred.
• Accurate, proactive, collaborative, and able to communicate clearly in English.
• Must remain enrolled at a Dutch university, or an EU university when holdhirify.global an EU passport, throughout the internship.

Culture & Benefits

• Hybrid workhirify.global combines home workhirify.global for focus with office workhirify.global for collaboration and co-creation.
• Trainhirify.global and practical experience with quantitative risk specialists, model developers, IT, and business stakeholders.
• Personal growth and challenghirify.global work in an international, open, collaborative, and agile environment.
• Own work laptop provided.
• Informal workhirify.global environment with innovative colleagues.

hirify.global-process">Hirhirify.global process

• Submit a CV and motivation letter through the application process.