Risk Intern, Upvest
More information about location
Investment API
Open for applications
Investment API
101-200 employees
Open for applications
More information about location
101-200 employees
Company mission
Upvest's mission is to make investing as easy as spending money and to enable businesses to build investment experiences their customers love.
Role
Who you are
- You can commit to a 3 - 6 month full-time internship
- You're passionate about Fintech and investment and eager to deepen your expertise in risk management within a BaFin-licensed institution. The idea of contributing to a resilient and forward-thinking internal control system excites you, as you understand its critical role in securing a company's future
- Bachelor/Master in Business Administration, Finance, Economics or similar
- Eager to learn and driven to grow
- You’re excited to discover and implement innovative tools that make a real impact
- Collaboration energises you, and working in diverse teams feels natural — you thrive in environments where everyone brings something unique to the table
- You love taking on challenges, owning your work, and iterating quickly to see fast results
- Fluent in English, both written and spoken
- You're willing to relocate to Berlin (where our office is located) to fully experience the dynamic team culture at Upvest
- You are eligible to work in Germany
What the job involves
- Are you passionate about shaping the future of risk management through cutting-edge technology?
- As a vital member of our team, you will contribute to the enhancement and innovative application of our internal control system and risk assessments by technologically advancing the Internal Control framework within our company.
- With this, you will participate in safeguarding securities assets, optimising risk management, and ensuring the efficiency and effectiveness of our operations
- Evaluate and Enhance Internal Controls: Support the analysis of existing internal control processes to identify areas for improvement. Propose innovative solutions to strengthen the efficiency and effectiveness of these controls
- Engage in Monitoring Activities: Participate in the ongoing monitoring and improving of internal controls
- Contribute to Control Activities: Work alongside experienced professionals to design and implement control activities that address identified risks, ensuring the accuracy of transactions and reliability of financial reporting. Further, you will help the team transform the controls and processes into respective tools
- Support the revamp of OpRisk Assessment: Automate non-financial risk assessments as well as contribute to the monitoring, identification, and evaluation of operational risk incidents, including near-misses and loss events
- Reporting and Analytics: Generate regular reports and dashboards from the OpRisk database to highlight incident trends, key risk indicators (KRIs), control effectiveness and areas requiring management attention
- Support Risk Assessment Initiatives: Collaborate with the team to conduct risk assessments, helping to ensure that all banking operations are aligned with our risk management objectives. Your fresh perspective will be invaluable in identifying emerging risks and proposing mitigation strategies
- Project Management: Support in coordinating audit processes across various teams to ensure smooth collaboration and timely execution
- Facilitate effective communication and information flow: Contribute to the development and distribution of clear, concise communication on internal controls and non-operational risks policies to all relevant stakeholders, enhancing awareness and understanding throughout the organisation
- Work cross-functionally with other Upvest teams (Operations, Product, Engineering, Growth, Finance and People), as well as external stakeholders (vendors)
- Experience a fast-paced and dynamic startup environment
Our take
Upvest is a fintech startup that empowers financial services companies to provide their customers with access to a full range of financial assets, including stocks, ETFs and crypto products. Upvest's investment API integrates seamlessly with its customers existing systems and is designed to scale easily, freeing companies from the need to develop their own brokerage and custody infrastructure from scratch.
As one of the few companies in Germany that is licensed for both the custody of traditional securities and crypto, Upvest is able to provide its services across Europe. Its solution has been readily adopted by some major players in the space including Ginmon, Vivid and ABN AMRO.
Upvest is backed by a number of Europe's largest tech VCs (Earlybird, Notion Capital, Partech, HV Capital, ABN AMRO Ventures) alongside American investment monolith BlackRock. In 2023 it closed a VC investment round which the company has claimed is one of the largest in the German fintech arena. Its impressive capital raise will go some way to achieving Upvest's goals of profitability as it expands into the US market.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
Oct 2023
$31.8m
LATE VC
Jun 2022
$42m
SERIES B
Total funding: $92m
Company benefits
- Greenfield projects - We’re building something quite complex. A first in Europe. This means you get to work with cutting-edge technologies, with no legacy code.
- Wellbeing - Everyone here has access to our in-house coach. You can have regular sessions to support you personally and professionally. We also believe it’s important to have time out to rest and recover, which is why we offer 30 days’ holiday.
- Development - In keeping with one of our values, ‘Learn and grow’, every Upvenger has access to a development budget. And in line with one of our other values, ‘Own the outcome’, how you make the most of it is up to you.
- Flexibility - We work in a hybrid set-up, with the team spread around Germany and other parts of Europe. We give you the choice and budget to work where you’re most comfortable and productive, either at home or in the office. You choose.
Company values
- Learn and grow - We aim high to shape our future. We give and request honest feedback, knowing that we develop together. We value progression over perfection
- Team first - We make it easy for others. We value our differences and are open to others’ opinions. We win and celebrate together. We nurture teams, not egos
- Own the outcome - Whether we win or lose, we stand together. We are proactive and get the job done. There are many ways to reach the outcome
- Tell the story - We always start with the why. We share knowledge to empower others. We value transparency over complexity
Company HQ
Wrangelkiez, Berlin, Germany
Articles
Leadership
Martin Kassing
(CEO)They have experience in fintech, private equity and capital markets. Founded another fintech, Shop.co, which was acquired by Klarna.
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