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Intern Quantitative Modeling Jobs (NOW HIRING)

This is an opportunity for students and researchers of advanced data modeling and statistical ... MS, or PhD candidates in finance, computer science, mathematics, physics, or other quantitative ...

This is an opportunity for students and researchers of advanced data modeling and statistical ... MS, or PhD candidates in finance, computer science, mathematics, physics, or other quantitative ...

This is an opportunity for students and researchers of advanced data modeling and statistical ... MS, or PhD candidates in finance, computer science, mathematics, physics, or other quantitative ...

Strong foundation in quantitative analysis and data modeling. Travel and Location * No travel ... An intern's pay will be based on several factors including, but not limited to, relevant education ...

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Intern Quantitative Modeling information

What are the key skills and qualifications needed to thrive as an Intern in Quantitative Modeling, and why are they important?

To thrive as an Intern in Quantitative Modeling, you need a solid foundation in mathematics, statistics, and programming, often supported by coursework in quantitative fields like finance, engineering, or computer science. Familiarity with tools such as Python, R, MATLAB, and experience with statistical modeling libraries or financial data systems is highly valuable. Strong analytical thinking, attention to detail, and effective communication skills distinguish top candidates in this role. These skills and qualities are crucial for accurately analyzing complex data, building reliable models, and clearly presenting findings to support business or research decisions.

What are Intern Quantitative Modeling positions?

Intern Quantitative Modeling positions are internship roles where students or recent graduates work with experienced quantitative analysts to develop and implement mathematical models that assist in financial decision-making, risk management, or trading strategies. Interns typically use statistical, programming, and analytical skills to analyze large data sets and help solve real-world financial problems. These internships offer hands-on experience with quantitative tools, exposure to industry practices, and opportunities to learn from professionals in fields such as finance, insurance, or technology.

What is the difference between Intern Quantitative Modeling vs Intern Data Analysis?

AspectIntern Quantitative ModelingIntern Data Analysis
Required SkillsMathematics, programming, financial modelingData manipulation, statistical analysis, visualization
Work EnvironmentFinance, investment banks, hedge fundsTech companies, consulting firms, research institutions
Typical TasksBuilding models, forecasting, risk assessmentData cleaning, reporting, trend analysis

Intern Quantitative Modeling and Intern Data Analysis roles often overlap in skills like programming and data handling. However, quantitative modeling focuses more on creating financial or mathematical models used for decision-making, while data analysis emphasizes interpreting data to uncover insights. Both roles are common in finance and tech industries, but they serve different strategic purposes.

What types of projects or tasks can an Intern in Quantitative Modeling expect to work on during their internship?

As an Intern in Quantitative Modeling, you can expect to assist with developing, testing, and validating mathematical models used for financial analysis, risk assessment, or trading strategies. Typical tasks include working with large datasets, coding in programming languages such as Python or R, and collaborating with senior analysts or data scientists to solve real-world business problems. You'll often participate in team meetings, present your findings, and receive feedback to refine your models. This hands-on experience will help you build strong technical and analytical skills, while giving you exposure to the collaborative nature of quantitative teams in finance or technology firms.
What cities are hiring for Intern Quantitative Modeling jobs? Cities with the most Intern Quantitative Modeling job openings:
What are the most commonly searched types of Quantitative Modeling jobs? The most popular types of Quantitative Modeling jobs are:
What states have the most Intern Quantitative Modeling jobs? States with the most job openings for Intern Quantitative Modeling jobs include:

Credit Risk Management Department Risk Analytics - Model Intern

Bank of China Limited, New York Branch

Manhattan, NY

$18/hr

Internship

Posted 12 days ago


Job description

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.


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. 


  • 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.

  • 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

USD $18.00 - USD $18.00 /Hr.