About the Role

Fraud is evolving faster than ever in today’s AI-driven world, creating unprecedented risks and challenges. At novobanco, we are transforming economi crime risk management by leveraging advanced analytics, machine learning, and data-driven strategies to stay ahead of emerging threats.

 

As a Data Science & Machine Learning Intern, you will play a key role in supporting our fraud prevention and detection initiatives. This is an exciting opportunity to work on real-world problems, develop innovative models, and contribute to shaping the future of fraud risk management in the financial sector as well as protecting our customers.

 

Data Science & Machine Learning Intern – Economic Crime & Fraud

Location: Porto Salvo - TagusPark

 

 

What You Will Be Doing

 

  • Data Analysis & Feature Engineering: Explore large, complex datasets to identify economic crime patterns and create meaningful features for predictive models.
  • Model Development: Assist in building, testing, and validating machine learning models for economic crime detection and anomaly detection.
  • Performance Monitoring: Support the development of dashboards and metrics to monitor model performance and fraud trends.
  • Collaboration: Work closely with our experts, data engineers, and risk teams to align models with business objectives and regulatory requirements.

 

What You Will Need

  • Currently pursuing or recently completed a degree in Data Science, Computer Science, Statistics, Mathematics, or related field.
  • Strong knowledge of Python (pandas, scikit-learn, etc.) and familiarity with SQL.
  • Understanding of machine learning concepts (classification, anomaly detection, supervised/unsupervised learning).
  • Ability to work with large datasets and perform data cleaning, transformation, and visualization.
  • Analytical mindset with strong problem-solving skills.
  • Good communication skills and ability to work in a collaborative environment.

 

What We Offer

  • A 9-month internship with hands-on experience in a critical area of banking.
  • A competitive payment package during the internship term.
  • Exposure to real-world economic crime challenges and cutting-edge AI/ML applications.
  • Mentorship from experienced business and data science professionals.
  • Opportunity to contribute to strategic initiatives that protect customers and the bank.