Internship – Business Lines Permanent Control Officer

About the role

CACEIS, a banking subsidiary of Crédit Agricole focused on financial services for fund managers and institutional investors, is offering a 6-month internship as a Business Lines Permanent Control Officer in Luxembourg. The post sits within the Risks & Controls team of the Business Unit & Technology (BU&T) division, which covers custody, fund distribution, banking and clearing services. The internship gives a cross-sector view of asset servicing and investment funds.

Key responsibilities

• Support the first line of defence by performing dedicated permanent controls on operational and IT teams, managing operational incidents, reviewing the risk matrix and handling 2.1 controls.
• Coordinate interactions between technology and business teams to identify dependencies and ensure required controls and actions are monitored and completed.
• Analyse and manage operational incidents.
• Monitor critical and sensitive controls and perform second-level controls.
• Analyse processes to propose new controls and contribute to improving risks and controls procedures and practices.

Required profile

• Bachelor's degree (Bac+4) or Master's level; students in business schools or universities majoring in risk, finance or accounting.
• 0 to 2 years of experience; a first internship in risk or audit is an asset.
• Interest in risk management, metrics and analysis, with an independent and collaborative working style.
• Good verbal and written English and French; another language is an asset.

Required skills

• Advanced knowledge of the Microsoft Office suite.
• Good computer skills.