Model Development Summer Intern

3 weeks ago


Toronto, Canada MUFG Full time

Model Development Intern

Job Summary
The Co-op Analyst, Credit Strategies Group is an opportunity to become a critical member of a results-oriented team to assist in developing and enhancing portfolio risk analytics for the global MUFG credit portfolio. This is an attractive role for individuals who have a passion for data and building statistical models.

**Primary Accountabilities**:

- Support MUFG Global and Regional portfolio modeling:

- Assist to maintain and enhance portfolio Early Warning models to provide a timely indication of credit deterioration.
- Assist in aligning Economic Capital modeling parameters (e.g. quantification of systematic risks in individual credit position, PD/LGD correlation, etc.)
- Assist to perform Monte Carlo simulations of Economic Capital (catastrophic losses that occur in crisis scenarios) using vendor models such as Moody's RiskFrontier.
- Work with stakeholders and partners (Model Validation, audit, regional risk teams) across MUFG’s global organization.

**Experience Required**:

- Excellent data analytics skills gained through hands-on experience, familiarity with large data sets and the tools for data analysis is preferred (e.g. R, python, Pandas).
- Ability to quickly learn - credit management platform (software) i.e. credit loss forecast models, stress loss forecasting, Monte Carlo loss simulation, etc.
- Experience with statistical tools and techniques (regression models, multivariate analysis, machine learning / deep learning)
- High level of data integrity, level of attention and attention to detail.
- Ability to manage multiple priorities and work in a fast-paced environment.
- Highly effective written, oral and presentation skills with an ability to grasp and explain complex concepts.
- Willingness to learn and an ability to work independently.
- Excellent interpersonal skills and interest to further the teams’ performance and quality of deliverables.

**Education Required**:

- Strong academic track-record having completed a minimum of 3 study terms of a Mathematics/Statistics/Computer Science/Economics or other quantitative degree.



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