Internship in Private Banking (Risk, Control & Monitoring))

DPAM; Brussel; Hybrid; EUR 10,000 - 17,000; Part time

Benefits offered by this job

Flexible working hours

Teleworking

Learning & development program

International mobility

Job summary

Degroof Petercam invites an intern to join the Private Banking Control & KYC team within the Business Support Operations department, the first line of defense for Investment and Business activities in Private Banking.

You will build foundations in both Controls and KYC, collaborating with multiple departments to monitor client data and mitigate AML and related risks. The role progresses toward independent responsibilities and potential project ownership.

Qualifications

• Currently studying economics-related subjects.
• Interest in private banking and risk controls.
• Willing to learn and develop in controls and KYC.

Responsibilities

• Assisting Control Officers in research across internal databases (CRM, DGArchive, etc.).
• Performing initial controls such as client classification or phone-record checks.
• Preparing clear, structured control reports with risks and actions.
• Drafting or updating working instructions for control procedures.
• Supporting periodic KYC review campaigns and client file checks.

Skills

French

Dutch

English

Teamwork

Attention to detail

Education

Economics-related studies (e.g., economics, finance, management)

Tools

Excel

Job description

Context

We are looking for an intern who would like to join the Private Banking Control & KYC team inside the Business Support Operations department. This department is the first line of defense for all Investment and Business activities within Private Banking.

Context

We are looking for an intern who would like to join the Private Banking Control & KYC team inside the Business Support Operations department. This department is the first line of defense for all Investment and Business activities within Private Banking.

The PB Control & KYC officer is responsible for performing first level controls and contributing to overall risk management. The role involves close collaboration with various departments across Private Banking.

The goal of the team is to monitor the client data, but even more important to protect the bank against the potential risks of money laundering, fraud, …

Your position

You will start with a balanced set of responsibilities, allowing you to build strong foundations in both Control activities and KYC analysis, while progressively taking on more complex tasks.

First Set of Responsibilities – Split Equally Between Controls and KYC

Controls – Developing Your Analytical & Risk Management Skills

You Will Support The PB Control Team By

• Assisting Control Officers in conducting research across several internal databases (CRM, DGArchive, etc.).
• Performing initial, straightforward controls—such as client classification or phone record checks—before gradually moving to more complex reviews across critical investment and business processes (e.g., trade suitability, order taking validation, cross border compliance, AML controls…).
• Preparing clear, structured control reports summarizing findings, highlighting risks, and suggesting improvement actions.
• Drafting or updating working instructions to document how controls should be performed.

These tasks will give you a hands‑on understanding of the bank’s risk environment and how the first line of defense operates.

KYC Analysis – Strengthening Your Regulatory & Investigative Mindset

You will contribute to the bank’s client risk monitoring efforts by:

• Supporting the PB KYC team on the periodic KYC review campaigns for 2025 and 2026 (PKR 2025 / PKR 2026).
• Reviewing client files using multiple internal databases and helping assess whether client information is complete and up to date.
• Screening for adverse media and verifying client identification data to identify potential risk indicators.
• Collaborating closely with key stakeholders—including Private Bankers and the AML Compliance team—acting as a bridge between different departments and gaining valuable exposure to the bank’s broader ecosystem.

This part of the role will help you build strong investigative skills and a solid understanding of regulatory expectations.

Second Set of Responsibilities – Growing Into a More Independent Role

Responsibilities

As you gain confidence and deepen your understanding of risks and review processes, you may progress to more advanced responsibilities, such as:

• Challenging existing controls and proposing improvements — e.g., removing obsolete steps, enhancing controls through partial automation, or transforming certain checks into statistical monitoring. Once validated, you will implement the changes, update documentation, and present your conclusions to the Head of PB Control & KYC, as well as to Risk Management and Compliance.
• Acting as a liaison between Private Bankers, Portfolio Managers, and second line teams (Risk & Compliance). You will help identify areas where reminders or training are needed and contribute to reinforcing best practices across the bank.

These tasks will allow you to take ownership, show initiative, and contribute to continuous improvement within the department.

Third Set of Responsibilities – Leading a Project Based on Your Strengths

Skills

Depending on your skills and the department’s needs, you will take ownership of one of the 2 following key projects:

• Quarterly Control Report
• Smart Automation Tools for Enhanced Control & KYC Accuracy

Your profile

Studies

Student in economics-related topics (i.e., Commercial engineer, business engineer, business administration, economics, applied economics, finance, management, accounting, audit, etc.).

Competencies & Skills For The Job

• Fluent at FR and/or NL; good conduct of English is required.
• Team player showing enthusiasm, critical mind, creativity and attention to detail.
• Good command of Excel.

Availabilities

• Min 4 days/week for a period of minimum 5 months as of January or February 2027

Our offer

For more than 150 years, Degroof Petercam has been a reference investment house. Entrepreneurship is our DNA, expertise is our fuel. You will become part of a company with highly skilled, talented and passionate experts that aim for nothing less than excellence. The impact of our work goes beyond profit by looking at business from a broader perspective, challenging those who want to intellectually. As a part of Indosuez Wealth Management and Crédit Agricole, we offer our people ongoing learning and development and mobility on an international scale.

In addition to our fascinating work environment, we also offer:

• A broad offer of learning & development programs including a Degroof Petercam Academy for both professional and personal goals.
• An attractive and market conform compensation package
• Flexible working hours & teleworking
• An Employee Social Engagement Program
• Access to the same Private Banking Expertise as our clients