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Internship Risk Quant Jobs in Maryland (NOW HIRING)

Analyst - Finalta Insurance

Lisbon, MD · On-site

$22 - $30/hr

You will be liaising with our clients to gather data, conduct research and perform quantitative ... YOUR QUALIFICATIONS AND SKILLS * +1 year of relevant internships or experience in strategy ...

Analyst - Finalta Insurance

Lisbon, MD · On-site

$22 - $30/hr

You will be liaising with our clients to gather data, conduct research and perform quantitative ... YOUR QUALIFICATIONS AND SKILLS * +1 year of relevant internships or experience in strategy ...

Showing results 41-49

Internship Risk Quant information

What is an internship risk quant?

Internship Risk Quants are students or recent graduates who take on temporary roles within financial institutions to assist with quantitative analysis related to risk management. Their main responsibilities include analyzing financial data, developing risk models, and helping identify potential risks for the company. These internships provide hands-on experience with statistical tools, programming, and risk assessment in real-world finance environments. The goal is to prepare interns for full-time quantitative risk analyst roles after graduation.

What types of projects does an internship risk quant typically work on, and how do these projects contribute to the overall risk management strategy of the firm?

Risk Quant interns often work on projects involving data analysis, model validation, and the development of risk assessment tools under the guidance of senior quants. These projects may include tasks such as back-testing risk models, analyzing large datasets to identify potential risk exposures, and automating reporting processes. By contributing to these initiatives, interns help improve the firm's ability to measure and manage financial risks, gaining practical experience with real-world quantitative finance tools and methodologies. Collaboration with teams like trading, risk management, and IT is common, offering interns broad exposure to how quantitative analysis supports strategic decision-making in the organization.

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

To thrive as an Internship Risk Quant, you typically need strong quantitative skills, a solid background in mathematics, statistics, or finance, and progress towards a relevant degree such as in quantitative finance or a related field. Familiarity with programming languages like Python, R, or MATLAB, as well as experience with risk management systems and financial modeling tools, is highly valued. Attention to detail, analytical thinking, and effective communication skills help interns collaborate and present complex findings clearly. These capabilities are critical for analyzing risk data accurately and supporting decision-making in dynamic finance environments.

What is the difference between Internship Risk Quant vs Risk Analyst?

AspectInternship Risk QuantRisk Analyst
Required CredentialsTypically pursuing or recent graduate, some quantitative courseworkBachelor's or master's in finance, economics, or related field; certifications like FRM or CFA often preferred
Work EnvironmentInternship setting, often in financial institutions or asset management firmsFull-time role in banks, hedge funds, or investment firms
Industry UsageCommonly used for entry-level or internship positions in risk managementEstablished role for ongoing risk assessment and management

The main difference is that an Internship Risk Quant is an entry-level, temporary position aimed at gaining experience, while a Risk Analyst is a full-time professional role responsible for ongoing risk evaluation within financial organizations.

What are the most commonly searched types of Risk Quant jobs in Maryland?

The most popular types of Risk Quant jobs in Maryland are:

What are popular job titles related to Internship Risk Quant jobs in Maryland?

For Internship Risk Quant jobs in Maryland, the most frequently searched job titles are:

What cities in Maryland are hiring for Internship Risk Quant jobs?

Cities in Maryland with the most Internship Risk Quant job openings:

Weapon Systems Analyst - System Definition & Validation Group

Johns Hopkins Applied Physics Lab

Laurel, MD • On-site

$85 - $195/hr

Other

Posted 2 days ago

New


Job description

Job Description

Are you eager to join a team tackling some of our Nation’s most compelling security challenges? Do you have a passion for weapon‑system concepts and a drive to apply analytical thinking to strategic deterrence and national defense? Would you like to grow your expertise while helping shape the future of America’s most advanced strategic systems? Do you enjoy working on tough technical problems, learning from seasoned experts, and making a tangible impact? If so, we have the perfect opportunity for you!

The System Definition & Validation Group (KBY) in the Force Projection sector of the Johns Hopkins University Applied Physics Laboratory is seeking motivated analysts, engineers, scientists, mathematicians, statisticians, and systems engineers to fill the role of Weapon System Analyst. The successful candidate will work on complex, multi‑disciplinary problems alongside senior experts, gaining the experience and mentorship needed to become a future leader in strategic‑systems analysis.

Responsibilities
  • Integrate into multidisciplinary teams that apply a “whole‑of‑system” perspective and systems‑engineering rigor to shape platforms that meet current and future warfighter requirements.
  • Support in‑depth analyses at the system and sub‑system levels, producing data‑driven recommendations that inform design decisions.
  • Develop an understanding of how weapon systems function, are tested, operated, and maintained, and how they fit into broader deterrence concepts; you will translate that knowledge into clear guidance for warfighter employment under senior mentorship.
  • Contribute to requirements and architecture reviews, helping evaluate change impacts and safeguard mission performance while learning the fundamentals of system requirements, interfaces, and capabilities.
  • Assist in stakeholder engagement, helping navigate expectations and relationships so program leadership can better satisfy warfighter needs.
  • Continuously expand knowledge of weapon systems, associated delivery platforms, and the system‑level engineering processes that support them through on‑the‑job training, workshops, and self‑directed study.
  • Participate in sponsor‑support trips (up to 2–4 per year, each ≤1 week) and perform local travel for stakeholder meetings as needed.
  • Apply emerging models, simulations, and early‑stage assessment tools under the guidance of senior analysts to help accelerate validation and reduce risk.
  • Provide fresh perspectives and analytical rigor, leveraging your technical background to challenge assumptions and contribute innovative ideas.
Qualifications

You meet our minimum qualifications for the job if you…

  • Hold a Bachelor’s degree in engineering, computer science, physics, applied mathematics, or a related technical discipline.
  • Possess 2+ years of relevant technical or analytical experience (e.g., work on complex engineering projects, systems analysis, data‑driven modeling, or operational research). Experience does not have to be on weapon systems; strong analytical ability and a demonstrated capacity to learn new domains are essential.
  • Demonstrate strong problem‑solving skills, quantitative analysis capabilities, and the ability to communicate technical concepts clearly both in writing and orally.
  • Exhibit the right attributes for growth – curiosity, adaptability, teamwork, and a drive to develop deep weapon‑system expertise.
  • Are able to obtain Interim Secret level security clearance by your start date and can ultimately obtain Top Secret level clearance. If selected, you will be subject to a government security clearance investigation and must meet the requirements for access to classified information. Eligibility requirements include U.S. citizenship.
Additional Experience
  • Advanced coursework or graduate‑level study (M.S. or Ph.D.) in a relevant technical field.
  • Prior exposure to weapon‑system concepts (e.g., missiles, bombers, hypersonics, or comparable high‑technology platforms) through internships, research projects, or early‑career roles.
  • Experience conducting trade‑studies, requirements analysis, or system‑level modeling in any engineering domain.
  • Familiarity with high‑fidelity simulation or model‑based systems engineering tools.
  • An active Top‑Secret clearance.
Equal Employment Opportunity

All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender identity or expression, sexual orientation, national origin, age, physical or mental disability, genetic information, veteran status, occupation, marital or familial status, political opinion, personal appearance, or any other characteristic protected by applicable law. APL is committed to providing reasonable accommodation to individuals of all abilities, including those with disabilities. If you require a reasonable accommodation to participate in any part of the hiring process, please contact Accommodations@jhuapl.edu.

Compensation

Minimum Rate: $85,000 Annually

Maximum Rate: $195,000 Annually

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