STAGE - FR MI Regulatory Reporting

KPMG S.p.A.; Lombardia; Hybrid; EUR 8,900 - 11,000; Part time

Job summary

KPMG Advisory S.p.A. in Milan offers an internship in Regulatory Reporting, providing hands-on exposure to risk management and regulatory frameworks within the financial services sector.

You will contribute to analysis of practices, model risk management, and operating model design under supervision. Ideal for a finance student nearing completion with strong English, proficiency in Microsoft Office, and programming skills in Python, SAS, R, Matlab and Stata.

Qualifications

• Specialist degree (graduate or nearing completion) in finance or any other business faculty.
• Excellent knowledge of English, preferably with study and/or work experience abroad.
• Excellent knowledge of Microsoft Office.
• Knowledge of programming software and languages (Python, SAS, R, Matlab and Stata).

Responsibilities

• Analyze national and international practice and the KPMG framework on Risk Management issues, including Risk Strategy, Risk Governance, Model Risk Management, Credit Processes and Risk monitoring.
• Interpret regulations (prudential provisions, EBA guidelines, ECB, Basel Committee) related to credit risk management and climate/environment risk impacts.
• Design and formalize the Target Operating Model, framework, policies, processes and methodologies for Risk Management.
• Support monitoring and control activities (e.g., Level II controls, reporting, performance monitoring of risk metrics).

Skills

Python

SAS

R

Matlab

Stata

Microsoft Office

English

Education

Finance degree

Job description

Internship – Regulatory Reporting | Milan

The chance to build a better future is right in front of you

Do Work That Matters - Your role and responsibilities

Do you want to pursue a profession that is truly meaningful and impactful? At KPMG, you will have the opportunity to help clients, the company and colleagues address and solve the most current and complex challenges. KPMG Advisory offers consulting services to companies to assist them in business model transformation, process improvement and digitisation, risk analysis and management, and support in extraordinary finance transactions. When you join the Financial Risk team in Milan, you are going to work on Regulatory Reporting projects, for top-tier clients in the Financial Services sector.

Specifically, you will be tasked with:

• analysis of national and international practice and know-how of the KPMG framework on Risk Management issues, specifically: Risk Strategy, Risk Governance, Model Risk Management, Credit Processes and Risk monitoring
• analysis and interpretation of relevant regulations (prudential supervisory provisions, European Banking Authority guidelines, European Central Bank, Basel Commettee, etc.) with reference to aspects relevant to credit risk management and the impact of climate and environmental risk issues on this profile
• design and formalization of the Target Operating Model, framework, policies, processes, methodologies related to the Risk Management area
• support in activities dedicated to monitoring and control processes (e.g., Level II controls, reporting, performance monitoring of risk metrics, etc.)

Come As You Are - Your skills and characteristics

This is the perfect opportunity for you if:

• a specialist degree (graduate or nearing completion) in finance or any other business faculty;
• have excellent knowledge of English, preferably with study and/or work experience abroad;
• have an excellent knowledge of Microsoft Office;
• knowledge of programming software and languages (Python, SAS, R, Matlab and Stata).

Your Future With Us - What you’ll find at KPMG

• An inclusive and equitable work environment that respects, encourages and values diversity.
• A challenging and dynamic environment that encourages creativity and teamwork.
• Hybrid work arrangements to promote a healthy work-life balance.
• Advanced training and development programmes to stay current.
• International mindset and innovative projects.
• Initiatives focused on mental and physical well-being.

Paid internship opportunity offering a monthly allowance of €800 for curricular internships and €1,000 for extracurricular internships.

Together for Better – Our values and commitment

Leadership, teamwork, respect every individual, continuous learning, transparency, commitment to the community and integrity. These are the KPMG values that create an environment that encourages the sharing of ideas and knowledge, so our professionals can achieve their full potential.

As a result of our commitment to fostering an inclusive work environment, our Network complies with the standards of the ISO 30415 requirements, on the Diversity and Inclusion Management System, and UNI PdR 125, relating to gender equality” . Within our Impact Plan - Our Impact Plan (kpmg.com) - you will find summarised all the concrete actions we are taking on environmental, social and governance (ESG) issues.

Your data will be processed in full compliance with the provisions of Regulation (EU) no. 679/2016 (General Data Protection Regulation - “GDPR”), as amended. For more information, please see KPMG’s privacy policy

KPMG Advisory S.p.A. is an equal opportunity employer.