I applied online. The process took 2 months. I interviewed at UniCredit Group (Milan) in Dec 2016
Interview
The interview process is smooth, for internships they require only one interview with your future supervisor in the risk management group. They are mostly interested in your past experiences and soft skills and how they can be useful in the finantial sector. They don't require you to know beforehand about risk management practices and regulations, nor about specific programmming languages or software, but they try to verify your ability to learn new things quickly.
Interview questions [1]
Question 1
Describe which steps would you take to develop a statistical model to estimate the PD of a couterparty
HR reached me out via Linkedin and asked me whether I am interested in it. I sent him my CV and we have a phone interview this week. I am not sure what they will ask me, whether it's technical or not, but I will keep you updated
Interview questions [1]
Question 1
talk about yourself, previous internship experience