Job title: Intern – Credit Reviews
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 assesses Counterparty Credit
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 assesses Counterparty Credit Risk, and get a chance to work independently on counterparty annual reviews. This will involve the first-hand chance to – Provide recommendations for credit limits which are supported by thorough analysis and well-executed interpretation of relevant financial, industry, country, business and market information. Understand internal rating – PD and LGD templates at Macquarie, and rate counterparties. Setting up limits in the system and coordinate the entire approval chain. Co-ordinate with internal Credit and Business teams for necessary information. Understand how Credit Analysts actively monitor credit quality and global exposure of the portfolio to Macquarie clients by being current with industry and economic trends and market information to address any credit concerns and resolve issues. Keep abreast with market news, industry trends, litigations etc. that could impact the counterparty business strength and financial position. Ensuring process and procedure documentation is up to date. 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. Willingness to work in the afternoon shift to support internal stakeholders based in EMEA and/or US. 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.
Location: Gurgaon, Haryana
Job date: Fri, 04 Feb 2022 23:16:14 GMT
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