Internship - Finance Regulation and Solutions
Luxembourg, LU, L-2449
Purpose of the Job
Quintet Private Bank is a leading private bank; we are committed to our clients and their families, and pride ourselves on our personalised service based on a deep understanding of our clients’ needs and aspirations.
We are a bank headquartered in Luxembourg, with branches in Denmark, Germany, Netherlands and Belgium and a subsidiary in the UK with an ambition to stay true to our purpose to be the most trusted fiduciary of family wealth. When you join Quintet you are joining a company that values diversity of background, equal access to opportunities, career development, collaboration and inclusiveness. We want our employees to feel proud of being part of a company that is committed to do the right thing. You will have the opportunity to grow your career while developing personally and professionally through various resources and programmes.
The Finance Regulation and Solutions Analyst contributes to the monitoring and interpretation of new financial regulations and supports the implementation of related processes and solutions within a complex IT and reporting environment. The role also assists the Financial Regulatory Reporting team by helping translate regulatory changes into compliant and efficient reporting practices.
Key Accountabilities
- Monitor and assess the impact of new prudential regulation on the on the Bank (CRD6/CRR3, IFRS, EBA Guidelines,)
- Supports the implementation of regulatory requirements and monitor the changes required in the accounting and reporting systems.
- Assess financial data to identify issues, simulate impacts and issue recommendations while using tools such as Excel/PowerBI/Business Object.
- Develop knowledge of accounting principles and financial instruments in the banking sector.
- Develop project management and process/systems analysis skills.
Knowledge and Experience
- To be enrolled in a master’s degree program
Attributes and Qualities
- Adaptability & Learning Agility
- Attention to Detail
- Collaborative Teamwork
- Critical Thinking & Problem Solving
- Communication (Verbal & Written)
Technical Skills
- Good analytical skills to navigate in a high number of complex publications, isolate what is relevant for the bank, and deliver concrete outcomes in a concise manner
- Good understanding of European banking regulations (CRD, CRR, EBA guidelines, National Competent Authorities' requirements) and ability to interpret and apply them
- Education in Accounting and Financial Analysis. Knowledge /Appetite for project management considered as an asset.
- Ability/Willingness to work with multiple financial systems within a complex architecture and organization.
Languages Skills
- Fluent in French and English