Trainee in Risk Management in CFCB S.A.

We are looking for a motivated and ambitious individual for the position of Trainee in Group Risk Management. As a trainee, you will be part of our team, focused on assessing and managing all kind of risk in our portfolio. Our program will provide you with valuable experience and the opportunity to build a career in risk management.

• Support CFCB’s Risk Management in the compilation of any reports from daily reports to annual reporting
• Calculate local ICAAP / ILAAP measures and report them to the legal entity bodies or externally
• Act as point of contact for the central risk functions (head office), the local management, and Front Office to (ad-hoc) analyze and / or clarify any locally arising risk related topics
• Perform daily risk monitoring and reporting of the covered types of risk incl. analyses / escalations in co-operation with the local and central Group risk functions
• Proactively communicate results or upcoming issues to involved parties
• Perform supervision and quality control of centrally provided data
• Compile, update and improve the legal entity’s documentation of the respective processes, methods, and systems
• University degree in math, finance, business administration or economics
• Strong analytical and conceptual skills, Expert Level in MS Excel
• Ability to work under pressure / deadlines and manage multiple priorities
• Language skills mandatory in German (minimum C level) and English (B level)
• Strong work ethics, strong team player

What We Offer :

Commerzbank Finance & Covered Bond S.A. (CFCB) was established in February 2016 as a successor institution to the former Luxembourg Pfandbrief banks EEPK S.A. and HFI S.A. As a specialised financial institution, it has in the past issued bonds and pledges under Luxembourg law (Lettres de Gage – LDG). The main focus of the business was the financing of the public sector through bonds and loans to states, states, municipalities and other public legal entities based in the countries of the European Economic Area and the OECD. In line with the Group strategy, CFCB operates a value-sensitive, risk-oriented decommissioning of its former Public Finance portfolio. In the course of this, it - in addition to the organic meltdown of the portfolio - actively buys back own issues, and uses the profits generated from them to sell additional assets. Issuance activities in the form of Lettres de Gage (Pfandbriefs under Luxembourg law) no longer take place.

Interested? Ready to join our sympatic and dynamic team for 24 month period? Please apply via our job portal.