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Internship Risk Quant Jobs in New York (NOW HIRING)

Equity Index Quantitative Researcher

New York, NY · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... a quant research role focused on equities. * Strong understanding of equity factors, risk premia ... The Company does not provide benefits directly to contingent workers/contractors and interns.

Showing results 21-40

Internship Risk Quant information

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 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 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 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 most commonly searched types of Risk Quant jobs in New York?

The most popular types of Risk Quant jobs in New York are:

What job categories do people searching Internship Risk Quant jobs in New York look for?

The top searched job categories for Internship Risk Quant jobs in New York are:

What cities in New York are hiring for Internship Risk Quant jobs?

Cities in New York with the most Internship Risk Quant job openings:

2027 - Summer Associate Internship - Global Markets, Quantitative Research & Trading

BNP Paribas

Bronx, NY • On-site

$150K/yr

Other

Re-posted 11 days ago


Job description

2027 Summer Associate Internship - Global Markets, Quantitative Research & Trading

Global Markets - Quantitative Research & Trading

Location: New York, NY

Business Overview:

Our Global Markets Americas (GMA) team works with a variety of clients, including governments, multinationals, private banks and global institutions. From hedging and financing opportunities across every asset class, to research and market intelligence, our clients rely on us to develop and deliver market-leading solutions and impeccable service as standard.

As a front-office Quantitative Finance Associate in Global Markets, you will be part of one of the Quantitative Research, Trading or Structuring teams and participate in designing, implementing, and trading of Global markets products. You will take an active part in all front office activities.

The Quantitative Research team is responsible for the development of pricing and risk models and their implementation in the global analytics library. As a member of a global transversal team working with colleagues in Europe and Asia you will be supporting trading activities of the flow and structured desks across the whole range of Global Markets asset classes including Interest Rates, FX, Credit, Equity and more.

As part of the Structuring team, you will be involved in the design, pricing, and marketing of derivatives products working alongside a team of global specialists. Structurers craft innovative products and ideas suited to market conditions and clients' needs, as well as contribute to the ongoing digitalization of our platform.

As part of the Trading team you will gain an in-depth understanding of market dynamics and trading a comprehensive range of asset classes on every index, every exchange and every market worldwide. In addition to trading execution and short-term risk management, you'll also get to hone your trading report development skills.

What You Will Need:

Our internship programs are a springboard for college students to launch their careers through exciting and intellectually stimulating opportunities.

They are highly driven, intellectually stimulating, and crafted to build your real-world capabilities. To succeed amongst our teams, we look for those with a strong academic story, sharp analytical skills, and the ability to articulate ideas well, to clients and colleagues alike.

  • Graduation year of Winter 2027 - Spring 2028
  • All majors accepted
  • Advanced degree (MA/MS/MFin or PhD)
  • Strong analytical skills and technical background in mathematics, computer science or finance
  • Effective communication skills, ability and willingness to engage the business
  • Delivery focused and willingness to collaborate with other teams
  • Programming / coding skills preferred

What Does Our Summer Internship Program Look Like?

At BNP Paribas, our people are our greatest asset, and we are committed to helping you grow from day one. The internship program is our primary source for hiring early talent into the Bank, providing you with the network and resources you need to build a successful career.

Over the course of the internship, you will acquire in-depth insight into BNP Paribas and gain valuable and practical experience. Whichever area you are placed in, you will join a team of award-winning specialists in a dynamic, collaborative environment. Through the program, interns have a distinct opportunity to gain guidance from mentors and exposure to senior leaders within the Bank.

As an Intern, you will:

  • Engage in an initial induction training that will set you up to succeed, and allow you to network with your intern class across all business divisions
  • Complete technical projects and collaborate with colleagues across the Bank, gaining exposure to real work in order to identify your skills and explore where your interests are aligned
  • Participate in a summer senior speaker series to gain a comprehensive understanding of financial markets and the industry
  • Network with colleagues and learn about industry topics, life at BNP Paribas and participate in philanthropy and social events

Compensation

The base salary for this position in New York, NY is $150,000.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees.The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

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