The Working Student will support the enhancement and operationalisation of the Group Operational
Risk Scenario framework, with a focus on improving the structure, consistency, documentation and
analytical support for scenario assessments used as key inputs to the Operational Risk Model. This
includes supporting the evolution towards a more structured scenario universe (e.g., “scenario
families”), improving scenario data quality, and preparing materials to facilitate reviews with subject
matter experts and governance committees.
We are looking for a candidate available at least 12 months, ideally longer.
Key duties and responsibilities
Scenario framework enhancement & documentation
Support the design and documentation of an improved scenario framework (e.g., structuring scenarios
into families and defining aggregation principles). Maintain and improve scenario documentation
standards (definitions, assumptions, net-of-controls logic, traceability of changes). Help ensure
scenarios remain coherent and integrated within the broader scenario universe
Scenario inventory, data quality & change control
Consolidate scenario inventories (IDs, owners, risk taxonomy mapping, versioning, review dates), and highlight gaps, overlaps or inconsistencies. Perform quality checks on key scenario fields (severityranges, frequencies, time horizons, documentation completeness) and propose standardised
improvements.
Analytical support for scenario calibration
Produce basic analytics and visual summaries to support scenario calibration discussions (e.g.,
distributions, sensitivity views, comparisons across years / scenario families). (Analytical support
aligned with scenario assessment process.) Support preparation of scenario review packs for
workshops with SMEs / first line stakeholders (templates, pre-reads, action logs).