Risk Intern

Summary

Join finmid as a Risk Intern in Berlin and contribute to key projects in credit risk assessment and fraud prevention. You will collaborate with internal teams, handle time-sensitive tasks, and work in a cross-functional environment. This internship offers valuable experience and the potential for a full-time role at finmid for top performers. The position requires strong analytical skills, data analysis experience, and a quantitative background. You'll be responsible for risk reviews, customer onboarding, data analysis, and model development. finmid offers a flexible work environment, 30 days of paid time off, and a collaborative culture.

Requirements

• Have a Bachelor's or Master's in Finance, Economics, Mathematics, Statistics, or a related quantitative field
• Have excellent English language skills
• Possess exceptional analytical skills and have experience with data analysis tools
• Have a strong foundation in basic financial accounting and corporate finance
• Have basic coding knowledge (Python/SQL) with eagerness to learn more
• Be available to work for 6 months, as a full-time intern (40h/week)
• Be analytical and enjoy structuring complex risk assessment problems into actionable recommendations
• Be a fast learner and work well within a fast-paced risk management environment
• Actively help yourself (and others) to be successful
• Give and receive open, direct, and timely feedback

Responsibilities

• Collaborate with internal teams (Sales, Product, Risk) to resolve customer issues and ensure a seamless customer experience
• Conduct regular risk reviews for key stakeholders to assess customer performance on metrics like credit scores, default rates, and fraud indicators
• Help onboard new customers by conducting initial risk assessments and implementing appropriate monitoring measures
• Analyze financial and transaction data to identify risk trends and potential fraud patterns
• Support the development and refinement of credit risk models to improve accuracy and speed of our underwriting decisions
• Perform extensive back-testing on both our existing portfolio and partner-provided datasets to validate and improve our risk models
• Continuously improve risk assessment processes to ensure faster turnaround times while maintaining robust risk controls

Preferred Qualifications

Have already gained experience in risk management, corporate finance, credit analysis, or data analysis

Benefits

• We see ourselves as “distributed first” but also have a beautiful office in Berlin where you can work
• We are flexible and cover whatever you need to be as productive as possible
• 30 days time off
• An open-minded and transparent culture that includes regular get together meetings (e.g. All Hands, Offsite)