Former Financial Services Industries Intern at Deloitte
about 2 years ago
This department advises banks, insurance companies and other financial institutions (e.g. REITs) regarding its risk management activities and compliance/legal requirements. As a result as intern you either work in the quant section (verifying the internal risk management measures, helping to develop models for complex assets for risk management, etc.) or the legal department (writing living wills, checking MiFID requirements, SREP, banking law, compliance, etc.). As intern I did various things in both departments from writing weekly articles about the changes in regulation, helping with presentations/pitches, checking the living wills of banks, developing a scenario model for a companies credit rating, etc.