General information
Organisation
At 31 December 2023, the Dexia Group will have around 500 members of staff. In addition to Brussels and Paris, the Group has a limited international presence in Ireland, Italy and the United States.
The Dexia Group is in orderly resolution as a bank until 31 December 2023. In July 2023, the Group applied for the withdrawal of the banking and investment services authorisations of Dexia (formerly Dexia Crédit Local), which was approved by the European Central Bank in December 2023, with an implementation date of 1 January 2024.
Since 1 January 2024, Dexia (formerly Dexia Crédit Local) has therefore continued its orderly resolution as a non-bank.
Dexia offers great diversity and a real transversality of business lines and missions which enrich the professional experience of its members of staff.
Joining Dexia is a promise to evolve in a dynamic environment and to stimulate your career by developing new skills!
Reference
2025-447
Position description
Job title
Work-study student - Credit model validation M/F
Contract type
Contrat d'alternance
Job description
You will be joining a team of 2 interns within the Risk & Validation Department, in the Credit/Cross-Sectional Model Validation Department. You will be working on cross-functional models, at the interface between credit and market models. The aim of the work-study program will essentially be to carry out cross-functional validation exercises, in particular for ICAAP, the VLTM (Very Long Term Model) and all Dexia's structuring models.
The work-study student will be required to present the results of validation exercises to end-users.
The work-study student will :
- Formalize internal validation reports for validation committees (in English).
- Follow-up on recommendations and action plans issued, administration and operation of recommendation management tools.
- Identify and assess sources of model uncertainty and risk, while keeping up to date with state-of-the-art techniques useful for model development, validation and monitoring.
The work-study student may also be required to :
Carry out validation exercises for new rating models/model evolution (recalibration), model back-testing exercises (PD, LGD) and stress-testing on all types of counterparty: Corporate, Project Finance, Bank, Sovereign, Public Sector... involving interviews, critical analysis of documents and databases, Matlab and R tests and implementation of alternative methods on internal validation tools.
Carry out Validation exercises relating to the Group's provisioning standard.
Conduct reviews of model implementation in rating tools (Data & Programming).
Profile
You are currently in higher education at Bac + 4/5 level with a major in statistics.
You have knowledge of Matlab and R.
You are proficient in Access and Excel (knowledge of VBA and SQL is an asset).
You have statistical skills.
You have good oral and written communication skills, particularly in English (also written and oral).
You are recognized for your good interpersonal skills, your ability to work as part of a team, your organizational skills, your rigor and your analytical abilities.
Desired start date: From September 2025 - 12-month contract
Location : La Défense
Position location
Job location
Europe, France, Ile-de-France, Paris (75)
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