Intern Model Validation (fmd)

Your area of work
As an intern (f/m/d) you will support the team in the Clearstream Model Validation department in ensuring the robustness accuracy and compliance of the risk models.

Your responsibilities:

• You will assist in validating risk models used for operational risk credit risk market risk and liquidity risk management
• You will perform statistical analyses and backtesting to assess model performance and review model assumptions methodologies and limitations
• You will develop and run stress-testing frameworks to evaluate model robustness under extreme scenarios
• Furthermore you will research innovative approaches to enhance model accuracy and validation processes
• You are also supporting in document findings and prepare validation reports in alignment with regulatory requirements (e.g. CSDR MaRisk)
• Besides that you will work on automation of the validation scripts
  

Your profile:

• You are currently pursuing a Masters/PhD in a quantitative field such as Finance Mathematics Statistics Computer Science Economics or related quantitative disciplines
• You have strong programming skills in Python R or a similar language
• You are familiarity with statistical analysis probability theory predictive modeling data science techniques time series analysis clustering etc.
• You have a basic understanding of financial products (e.g. fixed income) and risk management concepts
• Morover you have excellent problem-solving abilities with a keen eye for detail
• You have a strong ability to interpret and critically analyze data andalso effective communication and writing skills
• Additionally you have the ability to work both independently and collaboratively in a team
• Furthermore you are proficient in written and spoken English German is a plus

Start date: 01/12/2026