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Internship Credit Risk Modeling Jobs in Hempstead, NY

Director of Credit Risk

Manhattan, NY · On-site

$160K - $190K/yr

Responsibilities Credit Decisioning Model Development * Develop and implement advanced credit risk models (rule-based, heuristic, and machine learning) to support underwriting and portfolio ...

Director, Credit Risk Review We're seeking a future team member for the role of Director, Credit Risk Review to join our Model Risk team. This role is located in New York City, New York. In this role ...

Develop and enhance credit risk frameworks, models, and monitoring tools. * Provide timely risk insights and recommendations to support commercial decision-making. * Monitor portfolio exposures and ...

Sr. Credit Risk Analyst

New York, NY · On-site

$100K - $150K/yr

Develop and enhance credit risk frameworks, models, and monitoring tools. * Provide timely risk insights and recommendations to support commercial decision-making. * Monitor portfolio exposures and ...

We're seeking a future team member for the role of Director, Credit Risk Review to join our Model Risk team. This role is located in New York City, New York. In this role, you'll make an impact in ...

We're seeking a future team member for the role of Director, Credit Risk Review to join our Model Risk team. This role is located in New York City, New York. In this role, you'll make an impact in ...

We're seeking a future team member for the role of Director, Credit Risk Review to join our Model Risk team. This role is located in New York City, New York. In this role, you'll make an impact in ...

Director - Credit Risk

Manhattan, NY · On-site

$180K - $250K/yr

We've agonized about our data model abstractions, created horizontal scalability, and crafted ... As Director of Credit Risk at Clear Street, you will be a senior leader within the Risk Management ...

Director - Credit Risk

New York, NY · Hybrid

$180K - $250K/yr

We've agonized about our data model abstractions, created horizontal scalability, and crafted ... As Director of Credit Risk at Clear Street, you will be a senior leader within the Risk Management ...

Director - Credit Risk

New York, NY · On-site

$180K - $250K/yr

We've agonized about our data model abstractions, created horizontal scalability, and crafted ... As Director of Credit Risk at Clear Street, you will be a senior leader within the Risk Management ...

Showing results 21-40

Internship Credit Risk Modeling information

See Hempstead, NY salary details

$130K

$151.6K

$195.8K

How much do internship credit risk modeling jobs pay per year?

As of Aug 6, 2026, the average yearly pay for internship credit risk modeling in Hempstead, NY is $151,558.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,400.00 and $155,100.00 per year, depending on experience, location, and employer.

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 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 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 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 cities near Hempstead, NY are hiring for Internship Credit Risk Modeling jobs? Cities near Hempstead, NY with the most Internship Credit Risk Modeling job openings:

Director of Credit Risk

Biz2Credit Inc

Manhattan, NY • On-site

$160K - $190K/yr

Full-time

Re-posted 15 days ago


Job description

About US
At Biz2Credit, we look for individuals who are ready to join a dynamic and innovative fintech company on a mission to change the lending landscape for small businesses. Our values of Collaboration, Responsibility, Empowerment, Disruption, Innovation, and Trust guide everything we do, and our purpose of helping small businesses succeed drives us forward.
As a company, we believe that with the right tools and support, small business owners can achieve their dreams, and we're here to make that happen. That's why we're dedicated to developing cutting-edge solutions, like our Biz2X platform, a fully configurable SaaS solution that leverages artificial intelligence and machine learning to make lending more efficient, effective, and accessible.
But we're more than just another FinTech company. We're a team of individuals who bring their unique personalities, backgrounds, and experiences to work every day. We believe that diversity makes us stronger, and that's why we value a culture that is inclusive and supportive. We're looking for people who are excited about the opportunity to make a difference, who want to work in an environment that is both challenging and fun, and who are eager to bring their whole selves to work.
So, if you're someone who is eager to join a company that is making a real impact, who values a positive and inclusive workplace culture, and who is ready to be a part of a team that is changing the lending landscape, we want to hear from you. Come join us and be a part of something truly special at Biz2Credit.
About the Role
In this leadership role reporting directly to the Chief Risk Officer, you will oversee a team of high-performing Risk and Data Science Analysts, both onshore and offshore, to develop and implement credit risk models and AI-driven underwriting and credit decision processes, optimize strategies related to risk management, pricing, and business growth, and shape and enhance lending products and processes to ensure they are grounded in robust risk management principles, driving both innovation and stability.
Responsibilities
Credit Decisioning Model Development
  • Develop and implement advanced credit risk models (rule-based, heuristic, and machine learning) to support underwriting and portfolio management.
  • Automation of Customer Journey, Underwriting, and Credit Risk Framework.
  • Collaborate with technology, data engineering, and product teams to continuously optimize workflows.

Risk Strategy Development
  • Design, execute, and monitor risk strategies across credit underwriting, credit limit assessments, pricing, and collections.

Team Leadership & Development
  • Mentor and develop junior team members, fostering a high-performing credit risk team.

Research and Publications
  • Contribute to in-house research by publishing articles and whitepapers on topics related to small business, AI, and macroeconomics.

Requirements
  • Hands-on expertise in developing and implementing machine learning-based statistical models.
  • 10+ years of experience in banking or Fintech, specializing in Modeling for underwriting, fraud detection, risk management, or collections for either consumer or small business. Hands on Experience in Statistical Models such as Logistics regression, XGBoost, Decision trees, or other ensembles.
  • Proven track record in risk management within the fintech or financial services industry.
  • Strong understanding of fintech products, lending solutions, Embedded finance and industry regulations.
  • Exceptional analytical and problem-solving skills with the ability to evaluate complex scenarios and drive data-driven decisions.
  • 5+ years of experience in managing a high-performing risk management team.
  • Advanced analytical and data science skills to support decision-making and risk strategy optimization.
  • Exposure to LLM/Generative AI/Agentic AI is preferred

Salary Range
$160k-$190k