Praha, Czechia
Internship Explorer
Internship Explorer
your role will be mainly helping with the The Market Conformity Control (MCC) processes performed by our department - MCC is required by the “German Minimum Requirements on Risk Management” (MaRisk) with the aim to ensure that Commerzbank does not enter any OTC trade accepting or proposing pricing not conform with the prevailing market conditions. In its function the MCC controls for potential fraud, human error, deficits in infrastructure and ensures that all executed transactions are in line with market conditions perform daily market conformity checks ensuring timely delivery of results according to regulatory requirements and internal policies analyse, validate, document trades considered not in-line with market conditions and escalate identified breaches of tolerance levels to the management investigate irregularities in cooperation with colleagues, Front Office, Settlement, Risk Controlling and Finance ensure completeness and compliance with procedures /policies of the related day to day processes
