Financial Services Internship

Start date: Dec 2024

The intern will also play an important role in ensuring the company’s regulatory compliance, with a primary focus on the German & UK entities.

• Support of customer due diligence process & KYC processes, conduction of anti-money-laundering (AML) checks (transaction monitoring, transparency register etc)
• Assist in identifying, assessing, and mitigating potential compliance risks by supporting compliance risk assessment activities.
• Help with continuous development of the Tesla Financial Services Compliance & AML organization – support with automation of Compliance & AML tools, assessment and analysis of IT-related challenges and quality assurance.
• Write and update documentation for newly developed compliance IT solutions and their background data infrastructure.
• Assist in reviewing and monitoring the company’s adherence to internal policies and procedures and updating the policies annually or on an ad hoc basis.
• Help maintain and organize compliance records, ensuring proper documentation and audit trails for customer due diligence, transaction monitoring, compliance reviews etc.
• Basic understanding of regulatory requirements within the financial services in DE / UK – stay up to date on relevant regulations and laws that the team needs to implement. Assist the team in researching new regulatory requirements and their impact on business operations.
• Support the preparation of reports for internal and external stakeholders regarding compliance activities, issues, and status updates.
• Participate in internal and external audits or compliance reviews by gathering documentation and responding to comments and assisting with walk through.
• Help develop and monitor compliance training materials to ensure employees are aware of and follow compliance policies.
• Provide support to the compliance team on various ad hoc projects, such as testing new tools or processes or assisting with process improvements.
• Performance of risk analyses and internal controls in accordance with the legal requirements
• Active support with management reporting based on an independent data analysis
• Currently enrolled in or recently graduated from a financial-services-related field such as Business Administration, Economics, International Finance or Financial Law
• Proficiency in MS Office products (SQL is a plus)
• Analytical mindset, with experience in data processing or (financial) reporting
• Pro-active mindset with a willingness to learn
• C1 level in English (both written and spoken); Basic German is a plus but not required