About the job
This is an exciting opportunity to join the Risk Analytics team at OakNorth Bank as an intern. The role offers hands-on exposure to credit risk analytics, with a strong focus on automation, coding, data analysis, and model development support activities.
You will work closely with the team on real-world datasets and contribute to ongoing model risk analytics projects while gaining practical exposure to risk management in a banking environment.
Roles and Responsibilities
- Automate risk analytics existing processes like provisioning, stress testing etc. and improve code efficiency
- Perform exploratory data analysis (EDA)
- Support the team in developing, testing, and validating credit risk models (PD/LGD/EAD) including data extraction, factor analysis, and transformation using Python and SQL
- Assist in model validation, monitoring and performance tracking
- Collaborate with team members on ongoing projects and contribute to discussions
What are we looking for
- Final year student or recent graduate in a quantitative field (Engineering, Mathematics, Statistics, Economics, etc.) from Top colleges.
- Strong programming skills in Python/R/SAS (Must have) and familiarity with SQL
- Good understanding of data manipulation libraries (Pandas, NumPy) and basic statistics
- Attention to detail and eagerness to learn
- Exposure to machine learning or statistical modelling
- Experience working on projects involving real datasets (academic or personal)
- Opportunity to build production-level coding skills
- Hands-on experience working with real financial datasets
- Exposure to credit risk modelling and model lifecycle processes
- Mentorship from experienced risk analytics professionals
Good to Have (Not Mandatory)
What You’ll Gain
Skills Required
- Strong programming skills in Python/R/SAS
- Familiarity with SQL
- Final year student or recent graduate in a quantitative field
- Good understanding of data manipulation libraries (Pandas, NumPy)
- Attention to detail and eagerness to learn
What We Do
Launched in 2015, OakNorth helps the UK’s most ambitious businesses access the fast, flexible finance they need to scale, while helping savers make their money go further. With funding ranging from £250,000 to tens of millions, we have lent billions to businesses across a whole range of sectors, performing among the top 1% of commercial banks globally. To date, OakNorth financing has helped create tens of thousands of new jobs and affordable homes.
