Risk & Permanent Controls Intern M/F in London

CACEIS is the asset servicing banking group of Crédit Agricole dedicated to asset managers and institutional investors. Through offices across Europe, North and South America and Asia, CACEIS offers a broad range of services covering execution, clearing, forex, securities lending, custody, depositary, fund administration, fund distribution support, middle-office outsourcing and issuer services. The group holds €5.3 trillion in assets under custody and €3.4 trillion in assets under administration (figures as of 31 December 2024). By working every day in the interest of society, we are a Group committed to diversity and inclusion and place people at the heart of all our transformations. All our job offers are open to persons with disabilities.

Contract type: Internship/Trainee

Term: 12 months

Expected start date: 01/06/2026

Job summary: CACEIS, a dynamic and progressive member of the Crédit Agricole Group, is one of the world's leading asset servicing providers to institutional and corporate clients. CACEIS Bank, UK Branch provides comprehensive services to institutional clients, including custody services for Collective Investment Schemes, Pension Schemes, and Wealth Managers, as well as fund administration and related services for domiciled funds and companies. The Risk department also provides support to CTADS, a CACEIS depositary subsidiary, on risk management and regulatory compliance matters. The primary focus of the intern will be to support the local Risk department in monitoring and managing risks across the organization and its business lines.

Key responsibilities include:

• Maintaining the UK Branch's business profile, fulfilling Risk obligations, and delivering internal control reports to local teams and Group Risk functions in Luxembourg and Paris.
• Supporting the implementation and ongoing management of the internal control framework.
• Contributing to the development and periodic review of internal risk assessments for local business lines.
• Performing second-level controls on a sample basis to assess the effectiveness of first-line operational controls.
• Assessing control results and providing recommendations for any deficiencies identified.
• Preparing and submitting control results in the form of reports or briefs with assessment indicators.
• Reviewing and challenging business line control plans and risk maps to ensure they are up to date and aligned with operational developments.
• Monitoring daily risk reports, reviewing portfolio limits, and analysing any potential or actual limit breaches.
• Tracking breaches from identification through to resolution, ensuring timely remediation and mitigation of potential impacts for the company.
• Assisting with pending transaction monitoring, cash flow forecasting, and client onboarding/liquidation processes.
• Recording and maintaining oversight of all communications and information requests from relevant authorities.
• Ensuring timely completion and submission of regulatory deliverables.
• Contributing to Risk Committee (RCC) materials and topics at both local and Group levels.
• Assisting with risk assessments and regulatory reports for CTADS, a CACEIS depositary subsidiary.
• Managing Risk Department mailboxes and ensuring queries are directed and responded to appropriately.
• Participating in ad-hoc and project-driven investigations in conjunction with the business lines.
• Maintaining and updating Risk Permanent Controls, policies, and procedures to ensure regulatory compliance.

Candidate criteria:

• Minimal education level: Bachelor Degree / BSc Degree or equivalent.
• Academic qualification / Speciality: Bachelor’s degree in Finance, Risk Management, Financial Services, Business or Accounting is required. A postgraduate qualification is desirable.
• Intermediate to Advanced proficiency in Microsoft Word, Excel, Access, PowerPoint.
• Minimum 6–12 months of relevant experience in one or more of the above fields.
• Rigorous approach with strong analytical skills, keen attention to detail, and the ability to identify patterns and assess complex information.
• Ability to work independently, prioritize effectively, and manage multiple responsibilities in a dynamic environment.
• Excellent written and verbal communication skills, with the ability to collaborate across teams, contribute constructively to discussions, and drive shared objectives.
• Critical-thinking mindset focused on continuous improvement, innovation and process enhancement.
• Familiarity with SAS Guide is an asset.
• Languages: English.