Job description

Requirements

  • Entry level
  • No Education
  • Salary to negotiate
  • Stuttgart

Description

Daimler Financial Services (DFS) provides a comprehensive range of automotive financial services and innovative mobility solutions. The products range from leasing and financing offers to financial services for dealerships, commercial fleet management, procurement of automotive insurance solutions as well as new innovative mobility services.

The department Risk Instruments at the headquarters of Daimler Financial Services AG is globally responsible for the development and quality control of all risk classification procedures and fraud prevention models used in our local entities in the lending process. To meet this requirement, we create and maintain standardized methods and modules that are used to develop scoring and rating models and operate a regional scoring engine for larger markets.

Within DFS we are one of the leading departments in the development and application of machine learning methods. In addition, we are driving forward the development of risk modules which are offered to the local entities as scalable microservices. Thus, we play a key role in digitization initiatives: Together with our active support of the CRD (Credit Risk Digital) project through further development of our rating models, our strategic digitization project ACD (Automated Credit Decision), we deliver a key contribution to the realization of the Digital Lending Model and thus the preparation for online sales.

From the beginning of your internship, you will be actively involved in the strategic development of our scoring/rating methods, further improvement and evaluation of new approaches within innovative business projects. The internship length and effective integration into the subject and methods enable you to use your newly acquired skills immediately. Subsequent to the internship, there are opportunities to apply for a practically oriented master thesis in our department.

Your tasks will include:

Working with the expert teams in the enhancement of quantitative risk classification models, e.g. future oriented scoring/rating approaches using machine learning methods
Data preparation, data analytics as well as subject-specific interpretation and presentation of the results
Involvement in international projects implementing digital credit decision processes
Evaluation of applicability of advanced machine learning methods in risk classification
Data and portfolio analyses with the use of mathematical-statistical methods
Getting started with the statistical software SAS and its further application as a core part of the internship
Data analysis and VBA programming in MS Excel
Creation of dashboards in MS Power BI
Application of machine learning methods using R or Python
Preparation of English and German presentations with MS PowerPoint
Participation in regular introduction and subject courses

Daimler Financial Services (DFS) provides a comprehensive range of automotive financial services and innovative mobility solutions. The products range from leasing and financing offers to financial services for dealerships, commercial fleet management, procurement of automotive insurance solutions as well as new innovative mobility services.

The department Risk Instruments at the headquarters of Daimler Financial Services AG is globally responsible for the development and quality control of all risk classification procedures and fraud prevention models used in our local entities in the lending process. To meet this requirement, we create and maintain standardized methods and modules that are used to develop scoring and rating models and operate a regional scoring engine for larger markets.

Within DFS we are one of the leading departments in the development and application of machine learning methods. In addition, we are driving forward the development of risk modules which are offered to the local entities as scalable microservices. Thus, we play a key role in digitization initiatives: Together with our active support of the CRD (Credit Risk Digital) project through further development of our rating models, our strategic digitization project ACD (Automated Credit Decision), we deliver a key contribution to the realization of the Digital Lending Model and thus the preparation for online sales.

From the beginning of your internship, you will be actively involved in the strategic development of our scoring/rating methods, further improvement and evaluation of new approaches within innovative business projects. The internship length and

About the company

Daimler AG is one of the world’s most successful automotive companies. With its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, the Daimler Group is one of the biggest producers of premium cars and the world’s biggest manufacturer of commercial vehicles with a global reach. Daimler Financial Services provides financing, leasing, fleet management, insurance, financial investments, credit cards, and innovative mobility services.

The company’s founders, Gottlieb Daimler and Carl Benz, made history with the invention of the automobile in the year 1886. As a pioneer of automotive engineering, Daimler continues to shape the future of mobility today: The Group’s focus is on innovative and green technologies as well as on safe and superior automobiles that appeal to and fascinate. Daimler consequently invests in the development of alternative drive trains with the long-term goal of emission-free driving: from hybrid vehicles to electric vehicles powered by battery or fuel cell. Furthermore, the company follows a consistent path towards accident-free driving and intelligent connectivity all the way to autonomous driving. This is just one example of how Daimler willingly accepts the challenge of meeting its responsibility towards society and the environment.

The brand portfolio of Daimler comprises Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, Mercedes me, smart, EQ, Freightliner, Western Star, BharatBenz, Fuso, Setra, Thomas Built Buses as well as Mercedes-Benz Bank, Mercedes-Benz Financial Services, Daimler Truck Financial, moovel, car2go and mytaxi.

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