AI & Data Science Anti-Money Laundering internship (MSc student)

  • ABN AMRO
  • ABN AMRO Hoofdkantoor, Gustav Mahlerlaan, Amsterdam, Nederland
  • jul 24, 2020
Internship IT Data Science Consulting Banking

Job Description

At a glance

Are you a MSc student looking for the ideal company to test and improve your skills? A place in which you can develop yourself into the Data Expert that you aim to become? Search no more! ABN AMRO offers you the possibility to work with the best professionals in the business.

The Chief Architect & Data Management department CADM has outlined one assignment that you can apply for. Keep in mind, you only qualify for this internship if you are a MSc student who would like to write a thesis on the assignment. 

The Assignment

Cross-Organisation Federal Learning

For this assignment we would like to train models to use federated data and compute to help the ABN AMRO do Anti-Money Laundering between banks. Currently, this is done per bank basis, which unfortunately is not sufficient to detect fraud practices, since they often span between banks, countries and continents. To tackle the issue more effectively financial institutions must train collaboratively. Technically there are several approaches to this including linear regression, tree models and neural networks, which have been proven to work in federated learning environment. In this use-case several techniques will be leveraged:

  1. Differential Privacy
  2. Remote Execution
  3. Secure Multi-party Computation
  4. Homomorphic encryption
  • Input: Fake datasets for experimentation purposes.
  • Desired Output: A working POC with working server (ABN AMRO) and client (Third party, can be fake), where the client is able to train on the data of the server without seeing the real data of the server.
  • Requirements: Python programming experience, Deep Learning, Machine Learning

Your Working Environment

The DS-CoE-CADM team is positioned as a bank-wide Centre of Expertise for Data Science within CADM. The team provides additional expertise to other data science teams across the bank and delivers a wide variety of use cases. The team consists of 17 data scientists with diverse academical backgrounds and expertise in a machine learning related subjects. It’s a multicultural team with diverse nationalities. Member’s expertise include Computer Vision, Natural Language Processing, Automated Speech Recognition, Deep Learning, and Network Analysis. The team leverages a wide variety of multimodal data, including transaction-, economic-, visual-, textual- and audio data. This is used for a wide variety of use cases, to improve the customer experience, automate decision making, detect financial crime or innovate business models. 

Your Profile

  • You are a Master (WO) student.
  • Your study covers Data Analytics, Data Science, AI, Machine Learning or similar field.
  • You have affinity with Python, NLP, Machine Learning, Data Scraping.
  • You are available for a minimum of 6 months to 9 months.
  • Analytical mind: your analytical skills are well developed in order to deconstruct problems and rethink possible solutions.
  • Autonomous: you are disciplined enough to work without supervision and succeed.
  • Data affinity: you are experienced at working with data and interpreting analyses.

Benefits of working with us

  • Personal coach
  • Personal laptop
  • Travel allowance
  • Compensation of 600€ MSc
  • Pass to all ABN-AMRO Networking Events

Are you ready to join us?

  • Choose one of the seven assignments above that suits you.
  • In your application present yourself briefly. Tell us WHY you are interested in both this assignment in particular and working at ABN AMRO in general. Subsequently, explain HOW you will be adding value to our team..
  • Include your CV.
  • Include your availability period

Any doubts, questions or compliments for us? Get in touch via email (it.internships@nl.abnamro.com), phone (020-3433443) or WhatsApp (+31 06 831 53373)

Please Note: If you are not an EU-resident you need a valid working permit or a standard internship agreement  if you are a non-EU/EEA student.

Equal opportunities for all

The success of our organisation depends on the quality of our people and the ideas that they have. Truly surprising insights and innovative solutions for our clients result from an interplay of cultures, knowledge and experience. Diversity is therefore extremely important to our organisation. To ensure that everyone at ABN AMRO can develop their talents, we encourage an inclusive culture in which all colleagues feel engaged and appreciated.