Trainee Credit Risk Modelling

The “**UniCredit Graduate Program**” is how you kickstart your career through a stimulating and exciting journey in one of Europe's leading financial institutions.
- Our **12 months rotation-based graduate program** offers the opportunity to work in a forward-thinking, international, and supportive environment where you can learn, grow, and thrive while making an impact and empowering communities to progress.- Within the **Strategic, Credit & Integrated Risk area** of our bank's **Chief Risk Office (CRO)**, the **Credit Risk Modelling team** is responsible for the conception of rating processes and the development and implementation of rating models. We are delivering the tools to keep the credit risk of the bank under control. We are claiming to have adequate estimation of probability of default, exposure at default and loss given default, always keeping regulatory and internal rules in the focus. To do so, we are using innovative approaches for modelling and digitalization. Our departement is characterized by an international and dynamic environment and we are always keeping an eye on the details.**What you'll be doing**:

- The **Graduate Program **in our **Credit Risk Modelling **team with focus on rating methods offers you an attractive career start. Through your involvement and active participation in a wide range of topics, you will gain a broad overview of the team's main areas of activity. In addition, you will gain exciting insights into other areas of risk management and other competence lines/divisions through an individually designed rotation plan. You also have the option of gaining experience abroad. On top of this, you will receive off-the-job training measures that will sharpen your profile personally and as a decision-maker.As we are delivering the tools to steer the credit risk of the bank, **the following topics will be in the focus of your activity**:

- New development and refinement of internal rating models
- Monitoring and maintenance of existing rating models
- Ensuring compliance with the regulatory requirements as issued by ECB
- Surveilling and ensuring the applicability of group-wide rating models
- Ensuring the correct calculation of key risk parameters

**What you'll need to succeed**:

- You will fit in perfectly with us and our culture if you identify with the values of **Integrity, Ownership** and **Caring **paired with the **Power Skills** of an **Agile Collaborator, a Passionate Explorer, **and **a Proactive Entrepreneur.**

You also match with the following requirements:
- You already have first experiences working in a big company in the banking or insurance sector.
- Numeric, optimization and stochastic are bringing you joy and not fear.
- High affinity to numbers, analytical way of thinking and fast perception are your superpowers.
- Knowledge of programing languages like SQL, SAS and LaTex are a plus.
- Independent, goal-oriented and structured way of working are no foreign words for you.
- Fun to work in a great team and strength in communication, so that you are able to present your working results properly.
- You have good and clear communication skills with a profound level of Business English.

**What you'll get in return**:

- **#EnjoyNetworking** - In your position, you will establish contacts in all areas and divisions of the bank - also international. In addition to your day-to-day job, numerous local and global events, regular get-togethers, and exciting events with the management await you.
- ** #UnlockYourPotentia**l - With us, you design your training independently and individually: With comprehensive qualification measures, strategic and future-oriented development programs, or individual mentoring, we give your career a perspective. In addition, up to 3h/month of your working time belong to your personal development - whether design thinking, storytelling, mindfulness, or time management, you decide
- ** #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.
- ** #DesignYourWorkingLife** - Digitization and flexibility shape our modern working world. Design your work routine the way it suits you best: Whether it's in the office, remote within Germany, or abroad from another EU country. Looking to travel for longer? Take a sabbatical and explore the possibilities of New Work with us.
- ** #CareNowForLater** - We will continue to take care of you in the future. Because apart from monthly salary payments, retirement planning is a topic you should not wait until later to deal with. Therefore, we support your financial provision for retirement from day one.
- ** #DontStopMoving **- Enjoy the flexibility of Wellhub: You will have access to over 2,900 fitness, leisure, and wellness facilities across Ge