Internship Details
- Job Title: Credit Risk Operations Analyst
- Start Date: 2010
- Length: Internship (1-4 Months)
- Location: Central London and City
- Salary: £24,000 - £25,999
- Roles: Banking/Finance
- Reviewer’s Course: Maths And Actuarial Science
- Reviewer’s University: University of Manchester
- Review Date:
Deutsche Bank
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Review 101/101 for Deutsche Bank
Company Sector
Job Title: Credit Risk Operations Analyst
Overall Rated 7.5
★★★★★★★★☆☆
The Role
- Role Description
Data quality management, including monitoring & maintaining critical Credit Risk data attributes in Paragon such as client hierarchies, rating methodologies, and exposure & collateral mappings.
- 1. To what extent did you enjoy your work placement or internship?
-
The job itself was boring. I wasn't happy with my allocation to this department. The only thing that was good about it, was the people that I worked with, other HR organized events and the salary.
- 2. To what extent did you feel valued by your colleagues?
-
It's hard to answer this question. My role involved independent low level data managment. I got good feedback from my manager. But it's such a minor role I wouldn't value myself for doing it.
- 3. To what extent were you given support and guidance by management/your supervisor(s)?
-
My own manager didn't have much time for me. But other high level people were really helpful.
- 4. How busy were you on a daily basis?
-
On the beggining the days are going very slowly. But when you start getting more work, and the assessment time comes and you have to work on your project it can get really busy. Normally you do 45 hours. When it gets busy you might end up doing about 70.
- 5. How much responsibility were you given during your placement?
-
Obviously in this business nobody will be leading you by hand. But the jobes you'll do won't be anything major hence my grade is 5 stars.
- 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
-
I was lucky to work with some people who gave me a lot of business insight and substantial advice for the future. The job itself is unrelated to my degree, so the job specific skills will be useless.
The Organisation
- 7. What was the general atmosphere in your office?
-
I think the atmosphere in the office, and some senior people made it a better expierience than it would be if I wouldn't work with them.
- 8. How well organised was the overall work placement or internship set up?
-
It was very well organized, the only problem I had was my allocation.
- 9. In terms of personal training and development, to what extent did the company or firm invest in you?
-
You get a weeklong training in your first week, which is quite good.
- 10. What were the perks on your work placement?
-
- Subsidised Canteen
- Sports and Social Club
- Company Parties/Events
- Staff Sales/Staff Shop
- 11. How appealing are future employment prospects within the organisation?
-
If you do well during the internship and in your project you are on the good way to get an offer. I decided not to go for 2011 program but do masters and then reapply, and I was advised if I'll stay in touch they will be able to fast-track me to the last interview next year.
Other Information
- 12. Was there a good social scene amongst any fellow placement students/colleagues?
-
The people here were great and I'll definitelly keep in touch with them afterwards.
- 13. What was the cost of living and socialising in the area you worked in?
-
The living cost in London are very high. So are the costs of socialising. But you get a relocation bonus that covers part of the living costs. And with bankers pay, you won't have problems with having enough money for socialising.
- 14. What was the Nightlife like in the area you worked?
-
What can I say. It's London.
- 15. Were there many opportunities to get involved in activities outside of work?
-
Not sure if I understand the question. The bank organized a day offsite on a voluteering project which was fun. There was a charity run for people working in the city. And also a touch rugby tournament. And we also organized a 5-a-side football tournament that the bank paid for.
- In addition to these questions, is there any extra information you would like to leave about your experiences on your work placement that other students may be interested in?
-
I just have advice. Research the bank and be sure what you want to do in the bank and let the HR know asap. I'm not saying it will make a difference, cause the needs of the business are way above your preference, but HR will do all that they can to fit you where you want. I just had bad luck.
Review 101/101 for Deutsche Bank
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