Intern - Market Risk and Capital Management

Job details :

The Council of Europe Development Bank (CEB), established in 1956, is a multilateral development bank with a unique social mandate from its 43 member states. The CEB finances investment in social sectors, including education, health and affordable housing, with a focus on the needs of vulnerable people. Borrowers include governments, local and regional authorities, public and private banks, non-profit organisations and others. As a multilateral bank with a triple-A credit rating, the CEB funds itself on the international capital markets. It approves projects according to strict social, environmental and governance criteria, and provides technical assistance. In addition, the CEB receives funds from donors to complement its activities.
The Directorate for Risk & Control (R&C), promotes a strong risk and control culture across the CEB ensuring the Bank’s financial stability by identifying, evaluating, monitoring and reporting all risks across the Bank.
The Financial Risk Division (R&C-FR) implements the CEB’s Financial and Risk Policy by applying best banking practices and promoting a high-quality risk culture to safeguard the CEB’s stable and sound financial standing and enable the Bank to pursue and achieve its social mandate.
The Risk & Control (R&C) Directorate is looking for an intern for its Financial Risk Division to work on quantitative capital adequacy and stress testing models. S/he will report to the Head of the Market Risk and Capital Management Unit and collaborate closely with colleagues in the R&C Directorate.



Academic background:
Graduated within the past 24 months or currently enrolled in the final academic year at an institute of higher education (ideally at a Master’s level or equivalent).
Studies in Quantitative Finance, Econometrics, Applied Mathematics, Engineering, or related field.


Professional background and skills:
Very good knowledge of financial mathematics and statistics;
Sound understanding of and practical experience working with one or more programming languages (e.g. Python, Matlab, R, VBA, others);
Strong analytical quantitative and problem-solving skills;
Ability to learn quickly, reliability, and capacity to deliver;
Attention to detail, rigor;
A knowledge of econometric techniques is a plus.
Applicants to the CEB Internship Programme are not required to have professional work experience, but any experience relevant to the role would constitute an advantage.

Location : 55, avenue Kléber 75116 Paris