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Financial Risk Management Intern Jobs in New York

Financial Risk Senior Consultant

Stamford, CT · On-site

$124K/yr

Financial Services Senior Consultant - Financial Risk Our Deloitte Regulatory, Risk & Forensic team ... Support management of workstreams on complex engagements, partnering with client counterparts and ...

Financial Services Senior Consultant - Financial Risk Our Deloitte Regulatory, Risk & Forensic team ... Support management of workstreams on complex engagements, partnering with client counterparts and ...

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Financial Risk Management Intern information

What does a financial risk management intern do?

A Financial Risk Management Intern supports the risk management team by analyzing financial data, identifying potential risks, and helping to develop strategies to mitigate those risks. Interns may assist with preparing risk reports, monitoring market trends, and using risk assessment tools. This role often provides hands-on experience with financial modeling, regulatory compliance, and internal controls. The position is ideal for students or recent graduates interested in learning about risk management processes within financial institutions or corporations.

What are the key skills and qualifications needed to thrive as a financial risk management intern, and why are they important?

To thrive as a Financial Risk Management Intern, you need strong analytical skills, knowledge of finance principles, and coursework or a degree in finance, economics, or a related field. Familiarity with risk analysis tools, Microsoft Excel, and sometimes financial modeling software like SAS or Python is highly valued. Attention to detail, effective communication, and eagerness to learn are standout soft skills for this position. These skills enable interns to accurately assess risk, support senior analysts, and contribute meaningfully to risk mitigation strategies.

What is the difference between Financial Risk Management Intern vs Credit Risk Analyst Intern?

AspectFinancial Risk Management InternCredit Risk Analyst Intern
Required CredentialsTypically pursuing finance, economics, or related degreeSimilar educational background, often with coursework in credit analysis
Work EnvironmentFinancial institutions, banks, or investment firmsBanking, lending institutions, or credit agencies
Employer & Industry UsageUsed in risk management departments across finance sectorsCommon in credit departments focusing on loan risk assessment
Comparison Search IntentUnderstanding risk management roles in financeFocusing on credit risk specific roles

Both roles involve analyzing financial data and assessing risks, but a Financial Risk Management Intern has a broader focus on overall financial risks, while a Credit Risk Analyst Intern specializes in credit and loan risk assessment. The choice depends on your interest in general risk management versus credit-specific analysis within the finance industry.

What are the most commonly searched types of Financial Risk Management jobs in New York? The most popular types of Financial Risk Management jobs in New York are:
What cities in New York are hiring for Financial Risk Management Intern jobs? Cities in New York with the most Financial Risk Management Intern job openings:

Credit Risk Management Department - Risk Analytics Model Intern

Bank of China Limited, New York Branch

Manhattan, NY

$18/hr

Full-time, Internship

Re-posted 2 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 will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress Test, aggregate model output, conduct data analysis, and also help 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

  • Coordinate the requests from FLUs and CRM CA teams, be familiar with the model setup and requirements, and generate the rating reports as required. 

Stress Test

  • Run the quarterly stress tests, aggregate the results, perform in-depth analysis, and prepare the reports. 

Model Risk Governance

  • Update the model docs for ERM reviews, assist the finding remediation, track the finding/issue status. 

Admin duties

  • Help the team lead on various team admin work such as invoice processing, meeting organization and minutes, meeting deck preparation, etc. 
Qualifications
  • Bachelor's degree in Math, Statistics, Physics, Computer Science, Financial Engineering, etc. is required
  • Be familiar with the programming languages such as VBA and Python.
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