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Financial Risk Management Intern Jobs in Washington, DC

The VPU assists management with identifying and managing Group-wide cross-cutting risks, enhancing risk response decisions, reducing financial and operational surprises and losses, seizing ...

Senior Auditor - Risk Management

Mclean, VA ยท On-site

$81K - $100K/yr

At least 2 years of experience in auditing one or more of the following areas: banking or financial services industry or risk management Preferred Qualifications: * Master's Degree in Auditing ...

Senior Auditor - Risk Management

Mclean, VA

$81K - $100K/yr

At least 2 years of experience in auditing one or more of the following areas: banking or financial services industry or risk management Preferred Qualifications: * Master's Degree in Auditing ...

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Financial Risk Management Intern information

See Washington, DC salary details

$13

$22

$29

How much do financial risk management intern jobs pay per hour?

As of Jun 27, 2026, the average hourly pay for financial risk management intern in Washington, DC is $22.49, according to ZipRecruiter salary data. Most workers in this role earn between $19.33 and $25.34 per hour, depending on experience, location, and employer.

What types of projects and responsibilities can a Financial Risk Management Intern expect during their internship?

As a Financial Risk Management Intern, you can expect to be involved in analyzing financial data, assisting in the development of risk models, and supporting the assessment of market, credit, or operational risks. Interns often collaborate with risk analysts and senior managers to prepare reports, monitor risk exposures, and contribute to risk mitigation strategies. You'll likely work with various teams, such as compliance and finance, gaining hands-on experience with tools and methodologies commonly used in the industry. This exposure provides valuable insights into risk management processes and helps develop practical skills for future roles in finance.

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 Washington, DC? The most popular types of Financial Risk Management jobs in Washington, DC are:
Enterprise Business Risk and Control Senior

Enterprise Business Risk and Control Senior

Freddie Mac

Mclean, VA โ€ข On-site

Full-time

Posted 15 hours ago


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
Are you excited by the opportunity to create an impact and work in a fast-paced, dynamic, and agile environment? Do you have experience with first line operational risk management, strong analytical and communication skills, and knowledge of enterprise functions? If yes, we invite you to apply now and support Freddie Mac's mission to #MakeHomePossible!
Our Impact:
The Enterprise Business Risk & Control Office is a new function at Freddie Mac responsible for facilitating efficient, effective and consistent management of non-financial risks across Freddie Mac's first line divisions. The Enterprise Division Risk Governance team is responsible for non-financial risk management activities for the enterprise support functions. We act as trusted risk advisors for our business partners and facilitate all core non-financial risk activities.
Your Impact:
As an individual contributor, you will proactively and independently work to manage non-financial risks. In this role, you will be expected to:
  • Identify and assess relevant risks for the enterprise support functions and design appropriate controls to mitigate the risks.
  • Prepare, conduct, and document quarterly Risk Control Self-Assessments for business processes owned by the enterprise support functions.
  • Support the business during the life cycle of an issue i.e., identify, assess, develop, and track remediation action plans.
  • Investigate operational risk events, produce concise summaries, and identify remediation activities.
  • Maintain accuracy of risk related data stored in GRC tool.
  • Provide support for oversight activities performed by Enterprise Risk and Internal Audit.
  • Assist in completing gap assessments against applicable obligations, corporate policies, and standards.
  • Identify opportunities to streamline governance activities.
  • Undertake ad-hoc projects, as needed.

Qualifications:
  • 5-7 years of overall relevant experience with a minimum of 2-3 years of operational risk management
  • Bachelor's degree or equivalent, preferred
  • Strong critical thinking and problem-solving skills
  • Excellent written and verbal communication skills
  • Proficiency in MS Excel, Word, and PowerPoint
  • Basic understanding of AI concepts and their business applications is a plus

Keys to Success in this Role:
  • Self-motivated and results-oriented mindset
  • Analytical thinker with intellectual curiosity
  • Detail oriented with the ability to think holistically and creatively
  • Ability to work in a dynamic, rapidly changing business environment
  • Produce high-quality work products
  • Passionate about learning
  • Team player with excellent work ethics and a positive, can-do attitude!
  • Strong Excel skills, verbal, and written communication skills
  • Enthusiasm for learning about AI tools and their practical implementation

Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $98,000 - $148,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970