INTERNSHIP DETAILS

Intern - Credit Risk & Default Management in Risk Department (f/m/d)

CompanyDeutsche Börse Group
LocationFrankfurt
Work ModeOn Site
PostedJune 2, 2026
Internship Information
Core Responsibilities
Support the Credit Risk & Default Management Section in enhancing tools and processes for liquidating defaulted portfolios. Assist the trading desk with liquidation simulations and perform quantitative and qualitative risk assessments.
Internship Type
full time
Company Size
25
Visa Sponsorship
No
Language
English
Working Hours
40 hours
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About The Company
Deutsche Börse Group has concentrated all its cash market business in Deutsche Börse. It organizes one of the leading cash markets in Europe and offers companies, brokers and investors access to the German, European and international capital markets. Our product portfolio and services cover the admission of securities to trading – according to recognized rules and in customized market segments. In the form of Deutsche Börse Xetra® and Deutsche Börse Frankfurt we operate two of the world’s most renowned trading platforms where prices are determined on the exchange and, thanks to the Central Counter Party (CCP), with minimum default risk for stock and bond transactions. Deutsche Börse champions regulated and transparent markets that enable efficient, safe and fair securities trading. We provide solutions for efficiently raising and allocating capital, in this way laying important foundations for the real economy. Through this commitment, we make a valuable contribution to ensuring the exchanges fulfil their macroeconomic role. Privacy policy: https://www.cashmarket.deutsche-boerse.com/cash-en/privacy-notice Imprint: https://www.cashmarket.deutsche-boerse.com/cash-en/imprint
About the Role

Your field of activity

As an Intern (f/m/d) you will support the Credit Risk & Default Management Section in the Risk Management department. The Credit Risk & Default Management Section of Eurex Clearing is responsible for handling the potential default of one of our Clearing Members. During such an event, our traders will need to liquidate swiftly the portfolios of the defaulted bank. To achieve this goal, we need precise operational processes, as well as stable and efficient tools. As an Intern in the Credit Risk & Default Management Section, you will participate in the enhancement and the creation of such tools and processes as part of long-term projects. Additionally, you will support our daily activities in evaluating our potential market and counterparty risk. By directly working within the Credit Risk & Default Management Section, you will be at the heart of the CCP, and, therefore, gain a good insight in capital markets, from a trading and clearing point of view, but also knowledge about market regulations and risk measurement. 

 

Your responsibilities:

  • You will help the trading desk during liquidation/simulation of liquidation process
  • You will support trading and risk management tools´ maintenance, enhancement and creations
  • You will participate in DMP´s  amendment / enhancement
  • You will make yourself and the team aware of relevant market news
  • You will assist in quantitative and qualitative risk assessments (e.g. market risk, counterparty risk, credit risk)

 

Your profile:

  • You are enrolled during the entire period of activity at a state-recognized university as a regular student and have completed at least 6 semesters
  • Your study focuses on the field of financial mathematics, economics, market finance or other comparable fields
  • Furthermore, we offer the possibility of an orientation internship, whereby you are currently in a gap-year after your bachelor's or master's degree in the above-mentioned fields of study - in this case, a certificate of enrolment is not required
  • You are familiar with financial derivatives, risk management and affinity to numbers and quantitative approaches
  • Your curiosity and proactivity push you to challenge the status-quo and identify overlooked problems that you can resolve with creative and analytical thinking
  • You have basic programming skills (SQL, Python/R, VBA), you master the MS Office suite and ideally have knowledge in Bloomberg / Reuters
  • You are fluent in written and spoken English

 

Start date: 01/09/2026

Key Skills
Credit Risk ManagementDefault ManagementFinancial DerivativesQuantitative AnalysisSQLPythonRVBAMS OfficeBloombergReutersMarket Risk AssessmentCounterparty Risk AssessmentFinancial MathematicsEnglish Fluency
Categories
Finance & AccountingData & AnalyticsConsulting