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Internship Credit Risk Modeling Jobs in Massachusetts

... models to get ready for the future, we solve our clients' toughest problems.Visit us here to find ... Credit risk data management, technology and platforms o Counterparty Credit / Market risk ...

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Summer Intern 2027 - General Accounts

Boston, MA · On-site

$16.25 - $21.75/hr

Develop financial models and perform scenario analysis to evaluate credit strength and investment ... Corporate credit risk assessment * Private debt and institutional lending * Investment research and ...

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Internship Credit Risk Modeling information

What is an internship in credit risk modeling?

An Internship in Credit Risk Modeling is a temporary position, usually for students or recent graduates, where you work with financial institutions to understand and help develop models that predict the likelihood of borrowers defaulting on loans. Interns typically assist in analyzing data, building statistical models, and supporting risk assessment processes. This role provides hands-on experience with financial data, programming, and model validation, making it valuable for those interested in finance, statistics, or data science. It also offers exposure to regulatory requirements and real-world risk management practices.

What types of projects or tasks can I expect to work on during an internship in credit risk modeling?

As an intern in Credit Risk Modeling, you'll typically assist with statistical analysis, data preparation, and validation of risk models used by the organization to evaluate creditworthiness. You may support senior analysts in building or refining predictive models using programming languages like Python or R, and work with large datasets to uncover trends in borrower behavior. Interns often collaborate with risk analysts, data scientists, and IT teams, gaining exposure to both technical and business perspectives. This hands-on experience helps build a solid foundation for a future career in quantitative finance or risk management.

What are the key skills and qualifications needed to thrive as an internship in credit risk modeling, and why are they important?

To thrive as an Internship Credit Risk Modeling, you generally need strong quantitative and analytical skills, a background in finance, statistics, or a related field, and familiarity with risk concepts. Experience with statistical programming languages such as Python, R, or SAS, and proficiency in Excel or SQL, are commonly required, and relevant coursework or certifications in risk management or data analysis are advantageous. Attention to detail, critical thinking, and effective communication help interns stand out when interpreting data and presenting risk findings. These skills are important to ensure accurate risk assessments, support data-driven decision-making, and facilitate collaboration within financial institutions.

What is the difference between Internship Credit Risk Modeling vs Credit Risk Analyst?

AspectInternship Credit Risk ModelingCredit Risk Analyst
CredentialsTypically pursuing or recent graduate, some familiarity with finance or statisticsBachelor's degree in finance, economics, or related field; often requires some experience
Work EnvironmentInternship setting, supervised, project-basedFull-time, professional environment, more independent responsibilities
Industry UsageEntry-level, educational focus, training periodCore role in financial institutions, ongoing risk assessment

Internship Credit Risk Modeling positions are designed for students or recent graduates gaining initial experience, often with supervised tasks. Credit Risk Analysts are experienced professionals responsible for ongoing risk evaluation, requiring more advanced skills and independence. The internship serves as a training ground, while the analyst role involves continuous risk management in financial institutions.

What are the most commonly searched types of Credit Risk Modeling jobs in Massachusetts?

The most popular types of Credit Risk Modeling jobs in Massachusetts are:

What are popular job titles related to Internship Credit Risk Modeling jobs in Massachusetts?

For Internship Credit Risk Modeling jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Internship Credit Risk Modeling jobs in Massachusetts look for?

The top searched job categories for Internship Credit Risk Modeling jobs in Massachusetts are:

What cities in Massachusetts are hiring for Internship Credit Risk Modeling jobs?

Cities in Massachusetts with the most Internship Credit Risk Modeling job openings:

Credit Officer-Global Infrastructure Credit

Boston, MA • On-site

Bank of America
Finance and Insurance • 10K+ employees

$125K - $165K/yr

Full-time

PTO

Re-posted 23 days ago


Bank Of America rating

8.3

Company rating: 8.3 out of 10

Based on 540 frontline employees who took The Breakroom Quiz


Job description

Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
Embedded across the bank's eight lines of business, the Global Infrastructure Credit team reflects the bank's initiative to fuel the global economy, build trust and credibility with communities, and represents a company that people want to work for, invest in, and do business with. The Global Infrastructure Credit team supports the continued growth in sustainable, renewable, and green finance and further delivers on the bank's commitment to help society transition to a low-carbon economy. The Global Infrastructure Credit team also supports Bank of America's active role in the Digital Infrastructure market. The Global Infrastructure Credit Team covers transactions for Corporate Lending, Tax Equity and Project Finance through involvement in the origination and underwriting of transactions.
Responsibilities:
  • Perform financial, business industry, and transaction analyses, conduct research, and prepare supporting documentation for transaction credit approval.
  • Performs intensive qualitative and quantitative due diligence on transaction structures, stress scenarios, financial models, engineer reports, and terms and conditions
  • Participate in the underwriting and documentation of project finance and other credit facilities designed to meet both client and investor needs as well as balance the bank's internal risk/return requirements
  • Provide input into key projects/initiatives across the bank
  • Review the credit profile of key transaction counterparties (e.g. borrowers, servicers, sponsors and off-takers)
  • Engage with various partners including GCIB Enterprise Credit Officers for recourse obligors, Enterprise Credit Risk, and Global Markets Risk

Required Qualifications:
  • 5+ yrs experience in a corporate or commercial credit role.

Desired Qualifications:
  • Experience in project finance/tax equity/structured credit with a focus in energy, power, or infrastructure
  • Strong technical skills including quantitative financial modeling
  • Formal credit training program at financial institution
  • BA Degree
  • MBA

Skills:
  • Analytical Thinking
  • Credit and Risk Assessment
  • Financial Analysis
  • Research Analysis
  • Underwriting
  • Attention to Detail
  • Business Acumen
  • Financial Forecasting and Modeling
  • Loan Structuring
  • Written Communications
  • Business Development
  • Collaboration
  • Critical Thinking
  • Portfolio Analysis
  • Stakeholder Management

Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$125,000.00 - $165,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

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About Bank Of America

Sourced by ZipRecruiter

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

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