Risk Modeling Analyst Intern

**Job Description Summary**: Support in the review, update and analysis of complex financial & operational models for Multi Year Service Agreements signed between the GE Gas Power business unit and customers, mainly utilities, to maintain their Gas Turbine Power Plants, 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.

**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.
- Drive modeling uniformity through close collaboration with the rest of the global Modeling team as well as with the Technology & Productivity organization, Finance, Operations and Commercial teams.
- 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.
- Support Operations team on financial forecasting and renegotiations analysis by executing What-If Simulations and scenarios for different operating / contractual alternatives.
- Communicate regarding all of the above topics to any level of management; proactively engage others and influence to drive action.
- Support on monthly the GT Utilization and Market Analysis

**Required Qualifications**
- Bachelor’s Degree preferably in Engineering, Finance or Technical field from an accredited university or college.
- Advanced MS Excel user with experience on sensitivity analysis & simulation processes.
- Very strong analytical and problem-solving skills combined with great communication ability.
- Results oriented and deadline driven personality.
- Full time position - requested working hours: 40 hours/week.
- Mainly office work at Madrid GE site is required with flexibility of remote.
- Fluent in English, Spanish not mandatory but considered as advantage.
- Minimum duration of the internship position 6 months but preferably 12 months.
- Start date: the soonest possible, but no later than July
- If contracted in Spain:
**Desired Characteristics**
- Strong interpersonal & leadership abilities.
- Ability to work effectively in a fast paced environment with multiple demanding priorities.
- Ability to work effectively across multiple time zones in a culturally diverse group.
- Ability to understand and operate sophisticated Technical and Financial Models.
- Ability to support the Risk function.

**Additional Information**:
**Relocation Assistance Provided**:No