Portfolio Management Intern

Berlin

Full-time

Intern / Student

Your role

Cloover is financing thousands of renewable energy installations across Germany and Austria — and the quality of our portfolio decisions determines how fast we can scale. We're looking for a Portfolio Management Intern to join our Finance team and work directly on the models, assessments, and analyses that sit at the core of our lending operation. You'll run real credit assessments, stress-test real portfolios, and contribute to debt structuring conversations that matter. This isn't a research role — your work lands in front of senior management and external investors from day one.

You'll report to the Head of Portfolio Management and work within a small, high-output team spanning Risk, Underwriting, and Finance.

Your mission

Underwriting & Risk Modelling

Own credit assessments of customer applications end-to-end — applying internal scoring models and external data sources to reach a defensible, well-documented view.
Build and refine risk models that evaluate portfolio performance, default probability, and financial outcomes across scenarios — not just running the model, but improving it.
Run stress tests and sensitivity analyses that directly inform investment and risk management decisions.

Portfolio Management

Monitor Cloover's financing portfolio across exposure, delinquency patterns, refinancing, and hedging — and surface the signal before it becomes a problem.
Drive automation of underwriting and credit monitoring workflows, shipping tools the team relies on.

Financial & Strategic Support

Prepare investor and lender reports with the precision and clarity that external stakeholders can act on.
Contribute to the structuring of debt facilities and forward flow agreements.

Your profile

We care more about how you think and what you've built than where you've been. Here's what will set you up for success in this role:

Strong academic track record in Finance, Economics, Engineering, Mathematics, or another quantitative discipline — you've been tested on hard problems and delivered.
Builds and stress-tests financial models with precision: comfortable with complex datasets, risk frameworks, and the kind of sensitivity analysis where the assumptions matter as much as the outputs.
Thinks fast under pressure and delivers accurate work at speed — you don't need perfect information to move forward, but you know when to flag uncertainty.
Takes full ownership of analytical outputs: if the model is wrong, you find it before anyone else does.
Communicates findings clearly in English to technical and non-technical audiences — senior stakeholders and investors should be able to act on what you produce.
Genuinely motivated by the energy transition — you understand why this problem matters and that context sharpens your work.
Based in Berlin and energized by being in the room. We're intentionally office-first — decisions get made in real time, prototypes get stress-tested over lunch, and the founding team is ten meters away. If that's how you thrive, you'll feel at home here.

Nice to have (but not required):

German language proficiency (B2 or above)
Prior exposure to consumer credit, structured finance, or energy project finance

Don't meet every requirement? Apply anyway. We hire for potential and perspective — credentials are a starting point, not a ceiling.

How we hire

We keep things transparent and respect your time. Most go from first call to offer in under three weeks.

Intro call (30 min) — We want to understand what you're looking for, not just screen your CV.
Hiring manager interview (30 min) — We go deep: your experience, your thinking, how you approach problems.
Case study (1 hour) — You get the brief in advance. We care about your approach — not whether you land on the right answer.
Offer & signed contract.

Need any adjustments at any stage? Just let us know.

Why us?

Competitive pay. Fair compensation for your time and contribution — benchmarked to the Berlin internship market.
AI-native & unthrottled. Unlimited enterprise-grade AI — no caps, no approval process. Every role, every team. The grunt work disappears so you can focus on what actually requires human judgement.
Real ownership on a real mission. From day one you're running analyses that inform how we deploy capital across thousands of renewable energy installations. We're not just building software — we're powering the energy transition across Europe.
Grow faster than anywhere else. You'll work directly alongside the founding team and world-class investors. If you're building toward a career in structured finance, credit, or venture — there's no better room to be in.
The basics, done well. Prenzlauer Berg office with the latest Apple hardware. Free breakfast and dinner, stocked kitchen, 25 days vacation, Urban Sports Club (M), and company discounts.

About us

At Cloover, we're building the AI operating system for the energy transition — a platform that helps thousands of installation companies across Germany and Austria sell more, plan faster, and deliver better. We've secured $1.22B in total financing — including $1.2B in committed debt financing and a $22M Series A — and are just getting started on our European expansion.

We're a high-performance team that works with purpose. We own our work fully, debate ideas hard, commit together, and execute without hesitation. Seniority doesn't win arguments here — the best idea does. Speed isn't a deadline we hit — it's how we're wired.

And we’re AI-native by default. We're not experimenting with AI — we're built on it. Tech ships faster because AI prototypes before we build. Sales closes more because outreach is personalized at scale. Finance stress-tests in real time. People & Culture builds processes in a fraction of the time. Whatever your function, AI is how we punch above our weight — and it's a skill you'll develop here faster than almost anywhere else.

We believe the energy transition belongs to everyone — and so does our team. We're international, driven, and deliberately inclusive. We hire for potential and perspective, and we welcome people of all backgrounds, identities, and experiences.

Sound like your kind of challenge? Apply below.