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How much do credit risk intern jobs pay per hour?

As of Jun 15, 2026, the average hourly pay for credit risk intern in New York is $19.04, according to ZipRecruiter salary data. Most workers in this role earn between $18.94 and $18.94 per hour, depending on experience, location, and employer.

What types of projects or tasks do Credit Risk Interns typically work on during their internship?

As a Credit Risk Intern, you'll often assist with analyzing financial statements, preparing credit reports, and helping evaluate the creditworthiness of clients or counterparties. You may also perform data entry, support the collection and analysis of risk metrics, and assist senior analysts with ad hoc research or portfolio reviews. This role often involves working closely with risk managers and other teams such as underwriting or finance, which helps you build a well-rounded understanding of credit risk processes. These experiences provide valuable exposure to practical risk assessment, financial analysis, and teamwork within a professional financial services environment.

What does a Credit Risk Intern do?

A Credit Risk Intern assists in analyzing financial data, assessing creditworthiness, and identifying potential risks associated with lending and investment decisions. They work with financial models, review industry trends, and help prepare reports for senior analysts and managers. Interns may also gain experience with risk assessment tools and regulatory guidelines while collaborating with different teams. Their role is essential in supporting the risk management team in minimizing potential financial losses.

What are the key skills and qualifications needed to thrive in the Credit Risk Intern position, and why are they important?

To thrive as a Credit Risk Intern, you should have strong analytical abilities, a basic understanding of finance or economics, and be pursuing a relevant degree such as finance, accounting, or business. Familiarity with Excel, financial modeling tools, and sometimes exposure to risk management software or programming languages like SQL or Python is beneficial. Attention to detail, strong communication skills, and a willingness to learn make a candidate stand out in this position. These skills are crucial for accurately assessing risk, collaborating with team members, and effectively supporting the credit risk function in a fast-paced environment.

What are the most commonly searched types of Credit Risk jobs in New York? The most popular types of Credit Risk jobs in New York are:
What are popular job titles related to Credit Risk Intern jobs in New York? For Credit Risk Intern jobs in New York, the most frequently searched job titles are:
What job categories do people searching Credit Risk Intern jobs in New York look for? The top searched job categories for Credit Risk Intern jobs in New York are:
What cities in New York are hiring for Credit Risk Intern jobs? Cities in New York with the most Credit Risk Intern job openings:
Credit Risk Intern jobs near you
Infographic showing various Credit Risk Intern job openings in New York as of June 2026, with employment types broken down into 50% Full Time, 38% Part Time, 9% Temporary, and 3% Contract. Highlights an 94% Physical, 3% Hybrid, and 3% Remote job distribution, with an average salary of $39,608 per year, or $19 per hour.

Credit Risk Management Department Risk Analytics - Model Intern

Bank of China Limited, New York Branch

Manhattan, NY • On-site

$18/hr

Other

Posted 21 days ago

Job description

Introduction

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview

The intern to be hired is expected to assist senior members in the model team to conduct all BAU activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress Test, aggregate model output, conduct data analysis, and also document models for model risk management purpose (internal model review and audit). She/he will participate in model lifecycle and provide assistance for any finding/regulatory issue (e.g. MRA) remediation. 

Responsibilities
  • Credit Risk Rating: The intern will coordinate the risk rating requests from FLUs and CRM CA teams, be familiar with the model setup and requirements, and generate the rating reports as required.
  • Stress Test: The intern will help run the quarterly stress tests, aggregate the results, perform in-depth analysis, and prepare the reports. 
  • Model Risk Governance: The intern will help update the model docs for ERM reviews, assist the finding remediation, track the finding/issue status.   
  • Data Collection: The intern will assist senior members in the model team collecting necessary data from different locations or sources, clean the data, and report the outcome in the designated formats, e.g. CECL scenarios, loan rating history and major events, etc. 
  • Admin Duties: Help the team lead on various team admin work such as invoice processing, meeting organization and minutes, meeting deck preparation, etc.
Qualifications
  • Advanced degree in quantitative fields such as Math, Statistics, Physics, Computer Science, Financial Engineering, etc.
  • Familiar with the programming languages such as VBA, Python, and SQL
  • Excellent written and verbal communication skills
  • Strong organizational and time management skills
  • Ability to work independently and collaboratively in a team environment
  • Eagerness to learn and take initiatives
  • Basic knowledge of finance-related tools, concepts, or technologies
  • Problem-solving and critical thinking skills
Pay Range

Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

USD $18.00 - USD $18.00 /Hr.Employment Type: INTERN

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