Aero Risk Modeling Intern
Madrid, SPAIN Sales
Job description
Job Description Summary
The Risk Modeling Intern will be reviewing, updating and analyzing complex financial & operational models of long-term performance management contracts for Aero derivative gas turbine technologies. The individual will be using a proprietary modeling tool and following strict policies and guidelines, while ensuring the accuracy of the financial model, process rigor and compliance as well as identifying potential contract risks, including commercial, technical & operational risks, as well as opportunities for productivity.The intern will have an exposure working with the leadership team.Job Description
Roles and Responsibilities
- Partner with Operations & Finance teams to perform annual review of the financial performance vs. budget and update projections for each contract.
- Understand contractual terms & conditions; identify potential risks & opportunities.
- Understand gas turbine technology operating & maintenance considerations.
- Understand Multi Year agreements policies, modeling procedures & business forecasting standards.
- Provide detailed scenario & variance analysis; identify & recommend ways to maximize contractual profitability.
- Provide training and analytical support to the Operations team in ongoing contract execution to maximize contract profitability based on unit operational profile, contractual requirements, technology state of the art and financial / accounting rules within GE Gas Power.
- Portfolio analytics
Qualifications / Requirements
- Currently pursuing degree in Engineering, Finance or Business Administration
- Strong knowledge in Microsoft office skills (MS Excel).
- Strong analytical and problem-solving skills combined with great communication ability.
- Results oriented and deadline driven personality.
- Fluent in English (working proficiency).
- Work style: candidate is ready to work in presence at the (Madrid or Paris or Milan) office (hybrid work possible: office and remote)
- Candidate possess valid working license.
- Earliest possible start date: 1st February 2025
- Non-national candidates are responsible to know the minimum documentation requirements to be able to be contracted in country: NIE- Social Security Affiliation Number in Spain (NAF) and Bank Account in Spain. They must be in possession of them at the time of start hiring. GE will not sponsor this requirement.
Desired Characteristics
- Learning attitude
Additional Information
Relocation Assistance Provided: No