Job title: Intern – Credit Central

Company: Macquarie Group

Job description: KEY RESPONSIBILITIES This internship will provide the candidate the opportunity to understand a wide variety of tasks, and risk management approach within the Credit Division, including: * An overview of how Macquarie validates credit models, mana

KEY RESPONSIBILITIES This internship will provide the candidate the opportunity to understand a wide variety of tasks, and risk management approach within the Credit Division, including: An overview of how Macquarie validates credit models, manages counterparty exposures, conduct data analysis and maintains/enhances credit systems This will involve the first-hand chance to – Work closely with technology teams to assess and implement changes to be made to credit systems. Understand downstream impact of changes and prioritise deployments based on criticality and ease of implementation Monitor counterparty exposures, ensure that any excesses are investigated and resolved appropriately. Test and validate financial models used by business for forecasting thereby ensuring that risks assessed are correct. Ensure that limits and ratings for customers are recommended and approved by appropriate personnel and compliance with Macquarie policies and regulations Utilize tools like Alteryx, PowerBI to break down and deliver voluminous unstructured data into easily digestible reports and metrics Understand how Macquarie ensures completeness, accuracy, and timely delivery of critical credit data The candidate will also get a chance to understand other divisions within the Risk Management Group, and Business Divisions. WHAT WE OFFER Our focus is on high performance. If you’re capable, motivated and can deliver, we offer you an excellent internship opportunity to understand how risk management works in a dynamic world. Macquarie offers a dynamic workplace based on respect, where everyone has a voice and participates in decision-making, even Interns. In return for commitment, hard work and talent, we offer a competitive stipend to cover the duration of the Internship. We can help you reach your potential and together we can create success for our clients, colleagues and communities. Build your own future as you contribute to ours. We invest in our people around the globe. At Macquarie, we offer access to a range of opportunities to help you succeed and experience during your internship. Some of these include: a merit-based culture access to high-calibre colleagues and senior leadership a dynamic workplace employee networks and events WHAT YOU OFFER You are a Year 1 student of MBA or PGDBM Finance degree program with a minimum GPA of 7.0 or equivalent (in initial trimesters/semester). Pre-MBA work experience is not mandatory, but if yes, then – Work experience in credit research/credit analysis/ratings domain and/or work experience in analysis of Financial Institutions (FIs) is an added advantage. Strong numerical and analytical skills, including strong written and verbal communication skills with focus on relationship building. Cross disciplinary thinking and an entrepreneurial spirit. About the Risk Management Group The Risk Management Group (RMG) is an independent, centralised unit responsible for ensuring all risk across Macquarie are appropriately assessed and managed. Its divisions include Behavioural Risk, Compliance, Credit, Financial Crime Risk, Internal Audit, Market Risk, Operational Risk, Regulatory Affairs and Aggregate Risk, and RMG Enterprise Support. Our commitment to Diversity, Equity and Inclusion The diversity of our people is one of our greatest strengths. An inclusive and equitable environment enables us to deliver innovative and sustainable outcomes for our people, clients, shareholders and communities. From day one, you’ll be encouraged to be yourself and supported to perform at your best. If our purpose of ’empowering people to innovate and invest for a better future’ is as inspiring to you as it is to us, please apply. With the right technology, support and resources, our people can work in a range of flexible ways. We are committed to providing a working environment that embraces and values diversity, equity and inclusion. We encourage candidates to speak with a member of our recruitment team if you require adjustments to our recruitment process to support you, and the type of working arrangements that would help you thrive.

Expected salary:

Location: Gurgaon, Haryana

Job date: Fri, 04 Feb 2022 23:04:10 GMT

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