Tech Program Madrid \- GIF Audit Internship \- January/March 2026 **Location:** Madrid, ES, 28046 **Publication date:** Dec 16, 2025 **Do you define yourself by your talent and vision?** Then you, too, can make a difference. Join a professional environment that contributes to transforming businesses and society. Achieve your goals, surpass your limits, and join a firm that goes beyond professional services. **Because making a difference is not just something we say—it’s what we do.** **Develop your career with us.** **What will you do?** Development and validation of Rating and Scoring models. Development and validation of quantitative models using advanced statistical and actuarial techniques across all areas of the financial and insurance sectors. Collaboration on methodological, valuation, and risk projects with top-tier national and international entities. Estimation and validation of credit risk parameters (PD, LGD, EAD, CCF) for provisioning calculations (IFRS 9) and capital requirements (CRR / Basel). Identification and investigation of new lines of work aligned with international best practices and emerging regulatory requirements, jointly with the Research team, to implement new valuation techniques and methodologies across all entities in which we participate. Support in preparing training materials for both internal and external audiences. Participation in multidisciplinary international projects. **What do you need to know?** Education: Currently pursuing a Bachelor’s degree in Mathematics, Physics, Statistics, Actuarial Science, Economics, Engineering, or related fields. A postgraduate degree or Master’s in Quantitative Finance is preferred. Other qualifications in Big Data, Risk Management, or related disciplines will be considered favorably. Knowledge of collective credit models: estimation of PD, LGD, EAD, CCF. Models for provisioning estimation (IFRS 9, Annex IX) and models for regulatory capital estimation (CRR, Basel). Required programming environments: Python, C\+\+, C\#, Java, MATLAB, VBA, R, SAS, SQL, etc. Advanced level of English (spoken and written). **What added value can we offer you?** * An outstanding **work environment**, both inside and outside the office * International opportunities and a **global** network of contacts * Continuous training and a personalized **career development plan** * **Competitive salary** and flexible compensation plan * **31 working days** of **vacation** * A **paid day off** on your birthday * **Flexibility** and the possibility of **remote work** * Access to Kteam, our **well-being platform**, offering services, solidarity initiatives, and promotions * Benefits may vary for scholarship and/or internship programs At KPMG, our commitment is to foster workplaces where individuals are treated with respect and dignity, ensuring equal opportunity in recruitment, training, and promotion, and providing a work environment free from any discrimination based on gender, age, disability, sexual orientation, gender identity or expression, religion, ethnicity, marital status, or any other personal or social circumstance. After all, each person brings unique and special value to our firm. Our values make the difference. Make a difference—advance your talent.