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Aero Risk Modeling Intern

AT GE Vernova
GE Vernova

Aero Risk Modeling Intern

Madrid, Spain

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

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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

Client-provided location(s): Madrid, Spain
Job ID: GE_power-1350188024
Employment Type: Intern

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • FSA With Employer Contribution
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Mental Health Benefits
  • Parental Benefits

    • Adoption Assistance Program
    • Family Support Resources
    • Birth Parent or Maternity Leave
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Unlimited Paid Time Off
    • Paid Holidays
    • Personal/Sick Days
    • Summer Fridays
  • Financial and Retirement

    • 401(K)
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Tuition Reimbursement
    • Access to Online Courses
    • Lunch and Learns
    • Leadership Training Program
    • Internship Program
    • Associate or Rotational Training Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)
    • Unconscious Bias Training

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