Internship - Monte Carlo Models for Counterparty Credit Risk

We are looking for an intern to join the Monte Carlo squad within ING’s Counterparty Credit Risk team. You will help us analyse and monitor simulation-based models used to measure Potential Future Exposure (PFE) and Pillar II Exposure at Default (EAD) for derivative portfolios. Working with experienced risk specialists, model developers and IT colleagues, you will contribute to quantitative analyses, model monitoring and supervisory initiatives. The team The Monte Carlo squad is part of Financial Risk, Counterparty Credit Risk, Measurement & Methodology. The squad acts as Model Owner for simulation-based models that estimate how ING’s exposure to counterparties may develop over time.…