- Company Name
- Crédit Mutuel
- Job Title
- STAGE - Chargé(e) de projet modélisation au sein de l'équipe Pilotage des Risques (H/F)
- Job Description
-
**Job Title**
Risk Modeling Project Intern (Credit Risk) – Risk Steering Team
**Role Summary**
Support the Risk Steering department of Crédit Mutuel’s National Confederation in designing, testing, and automating credit‑risk models used for ICAAP, regulatory stress tests, and economic capital calculations. Work closely with risk experts, project coordinators, and modelers to deliver quantitative analyses, dashboards, and data‑driven insights for senior governance.
**Expectations**
- Apply quantitative techniques to model credit‑risk parameters (PD, LGD) under economic and climate stress scenarios.
- Conduct Monte‑Carlo simulations and Credit‑VaR calculations for economic capital.
- Produce ad‑hoc impact studies linked to macro‑economic or geopolitical events.
- Automate data extraction, transformation, and reporting workflows for risk dashboards.
- Communicate findings and methodological choices clearly to cross‑functional risk teams.
**Key Responsibilities**
1. Build and calibrate credit‑risk models for regulatory capital (stress tests) and internal capital (Monte‑Carlo, Credit‑VaR).
2. Perform reverse stress‑test and scenario‑analysis simulations.
3. Develop and maintain automated tools for generating risk dashboards and reporting packages.
4. Analyze quantitative approaches, justify model selections, and document parameter assumptions.
5. Collaborate with risk directors, project coordinators, and external supervisors (ECB, ACPR) on risk‑steering initiatives.
6. Contribute to risk‑mapping, appetite, market and counter‑party risk monitoring, and insurance‑risk tracking at the confederation level.
**Required Skills**
- Strong quantitative background (statistics, econometrics, financial engineering).
- Proficiency in programming/data‑analysis languages (Python, R, SAS, MATLAB, or VBA) and SQL for data manipulation.
- Familiarity with credit‑risk concepts (PD, LGD, exposure at default) and stress‑testing methodologies.
- Experience with Monte‑Carlo simulation, Credit‑VaR, and scenario analysis.
- Ability to design automated reporting/dashboard solutions (e.g., Power BI, Tableau, Excel VBA).
- Excellent analytical, problem‑solving, and communication skills in English (French is a plus).
**Required Education & Certifications**
- Currently enrolled in a Master’s program (or final‑year Bachelor) in Finance, Risk Management, Actuarial Science, Applied Mathematics, Statistics, Economics, Engineering, or a related field.
- No specific certifications required; coursework or projects covering credit risk modeling, Basel‑III/IV, ICAAP, or stress testing is preferred.