Credit Risk Internship - 2024

4most

Feb 2, 2024

Applications are closed

Internship
Full-time
Starts on Jun 16
Off-cycle Internship
Banking & Finance
London

Requirements

We do not expect applicants to have finance or credit risk knowledge, but they should be curious to learn about credit risk. Along with this, we would love to see the following attributes when you apply:
Academic – We ask for you to apply with a discipline grounded with quantitative aspects and strong statistical content.
Analytical – Our roles require a great deal of problem-solving and so we need to be able to think of solutions given the resources and data that we have.
Decisive – A consultant gives expert advice within a technical or professional field and so we must be able to make clear and informed choices.
Supportive – We expect 4mosters to be inclusive, compassionate and helpful.
Honest – We do not always know the answer, but we will find it! We expect you to be transparent in your approach and demonstrate integrity.
Self-motivated – We are always striving to improve and so it is important that you are keen to develop both yourself and 4most alike.

Responsibilities

The 10-week internship programme will be split into 2 parts:
Part 1 - will cover sector background information, regulations, interactive coding workshops and independent practice assignments.
Part 2 - will be a practical project either working individually or as part of a team where you will have the opportunity to apply your technical and soft skills. You will also showcase your consulting abilities by presenting your results to senior 4mosters at the end of the project.
Don’t worry, we know this is new to most of you! Hence why, you will be assigned a ‘buddy’ (usually a recent graduate) for the full duration of the internship programme who will be able to support you and your wellbeing, while answering questions around tasks, assignments and everything in between.
Internship Content
Informative sessions:
Includes high-level introductions to Credit Risk topics including IFRS 9, Capital and Impairment, Signature Curves, Economics Overview, Machine Learning, Model Validation, Regulations, Insurance.
Technical workshops:
Interactive workshops covering SAS (WPS), and R.
Learning basic data steps/manipulation, data investigation and analysis, understand and write macro’s, model creation and scorecard development.
Assignments:
Interns will be given short assignments to complete which mirror the WPS and R seminars and technical content covered.
Project:
The final segment of the internship allows the interns to put all skills and knowledge learnt towards a project which involves research, analysis, creative problem solving and presenting a final solution with supported rationale.
Graduate Progression:
Showcasing your skills through the 10-week internship successfully could land you an offer on our Credit Risk Graduate programme at 4most. This is where you will translate the technical and soft skills you’ve learnt through the internship onto the next stage of your career.

Application Process

CV Review & Application Form
This is where we will assess your CV and the answers you provided to our application questions.
Excel Test
This will allow you to apply your Excel skills to three tasks.
Telephone Interview
This stage allows us to find out more about you and get to know you (and you to get to know us) through a 30-minute session with a 4moster.
Face to Face Interview
The final stage is a face-to-face interview here at our London office with two 4mosters. It is also a chance for you to see who we are as a company and ask any questions you may have!

4most

★ A specialist risk consultancy delivering analytically led solutions to banks and insurers, globally ★

Consulting

Industry

51-200

Employees

2011

Founded Year

Mission & Purpose

4most is a global specialist risk analytics consultancy. We work with clients ranging from challenger banks to world-leading international financial institutions to design, build and implement regulatory, non-regulatory, and pricing solutions in the credit and actuarial risk market.