Internship - Wealth & Strategic Risk

Banca Generali (www.bancagenerali.com), a private bank leader in Italy in financial planning and in the protection of clients through a network of private consultants at the top of the sector in terms of skills and expertise/professionalism, is looking for an intern for Wealth & Strategic Risk desk inside the Risk Management Direction.

Wealth & Strategic Risk desk is responsible for all the risks associated with the Bank's Assets Under Management and with the strategic and reputational risks arising from the business model. The intern will have the opportunity to work on data-driven risk analysis projects, gaining exposure to advanced analytics tools, large datasets and the integration of quantitative models into the Risk Management processes.

The position will mainly be involved in:

• the estimation, monitoring and management of strategic and reputational risks associated with the business model, monitoring the Asset Under Management portfolio and the financial instruments and products distributed and managed by the Bank (mainly Managed Portfolios, OICR, Unit Linked and insurance policies, certificates and structured bonds, with focus on illiquid, alternative and complex products)

• the development and application of advanced analytics techniques to support risk identification, monitoring and reporting, with focus on strategic and reputational risk, including data analysis, and the implementation of predictive and descriptive models on financial and business data

• the estimation of earning at risk and stress testing on income and profitability profile of the business, within the Risk Appetite Framework definition

• the contribution to the risk Direction reporting to Regulators, Board of Directors, internal Committees and Top Management.

Core Skills:

• University degree in Economics, Finance, Mathematics, Statistics, Engineering disciplines, preferably with a focus on quantitative models and tools

• Knowledge of financial mathematics and portfolio risk management theory, with focus on risk related to the main financial products (Managed portfolios, OICR, Insurance products, Financial instruments, with focus on complex, alternative and illiquid instruments)

Main Skills required:

• Experience in MS Office applications (Excel, Word, PowerPoint)

• Experience / Knowledge of SQL and other programming languages for data analysis is a plus

• Experience / Knowledge of PowerBI will be viewed positively

• Basic understanding of data science methodologies (e.g. regression models, clustering, classification, time series analysis)

Familiarity with the wealth management industry and an understanding of Banca Generali’s business model will be considered a strong asset.

Soft skills:

The ideal candidate is curious and eager to learn, demonstrates strong analytical skills, communicates effectively, and thrives in a team-oriented environment.

Essere Partner di Vita è la nostra ambizione: ogni giorno vogliamo essere al fianco dei nostri clienti prendendoci cura delle loro vite e dei loro sogni. Questo per noi è Più di un Lavoro.

Siamo parte di un importante Gruppo internazionale con oltre 82 mila persone in tutto il mondo e più di 68 milioni di clienti. Siamo tra i principali player globali del settore assicurativo: l’innovazione e la sostenibilità sono nel nostro DNA. Generali Italia è l’assicuratore più conosciuto in Italia con oltre Є28 miliardi di premi totali, 15 mila dipendenti e una rete capillare di 40 mila distributori, oltre ai canali online e di bancassurance. A Generali Italia fanno capo Alleanza Assicurazioni, Das, Genertel e Genertellife, Generali Welion, Generali Jeniot e Leone Alato, oltre alle attività della Business Unit Cattolica.

Il Gruppo Generali offre delle interessanti opportunità di arricchimento professionale in un contesto lavorativo caratterizzato da:

Cultura aziendale solida e aperta, modi di lavorare innovativi, formazione e affiancamento a supporto di un inserimento efficace Ambiente di lavoro inclusivo in cui ognuno si sente accolto, libero di esprimere al meglio la propria identità, le proprie idee e le proprie capacità: perché siamo Più che diverse, Persone Uniche Qualità dei processi e iniziative per le nostre persone, che ci distinguono come Top Employer.