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Internship Risk Quant Jobs in Rhode Island (NOW HIRING)

Utilizing quantitative and qualitative risk assessment techniques to perform safety analysis in ... Prior internship, co-op, or research experience in a systems engineering or safety-related ...

Utilizing quantitative and qualitative risk assessment techniques to perform safety analysis in ... Prior internship, co-op, or research experience in a systems engineering or safety-related ...

Utilizing quantitative and qualitative risk assessment techniques to perform safety analysis in ... Prior internship, co-op, or research experience in a systems engineering or safety-related ...

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 are Internship Risk Quants?

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 do Risk Quant interns 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 Rhode Island? The most popular types of Risk Quant jobs in Rhode Island are:
What are popular job titles related to Internship Risk Quant jobs in Rhode Island? For Internship Risk Quant jobs in Rhode Island, the most frequently searched job titles are:
What job categories do people searching Internship Risk Quant jobs in Rhode Island look for? The top searched job categories for Internship Risk Quant jobs in Rhode Island are:
What cities in Rhode Island are hiring for Internship Risk Quant jobs? Cities in Rhode Island with the most Internship Risk Quant job openings:

Systems Safety Engineer

SAIC

Middletown, RI

Full-time

Re-posted 27 days ago


SAIC rating

7.9

Company rating: 7.9 out of 10

Based on 79 frontline employees who took The Breakroom Quiz

74th of 220 rated it services


Job description

Job ID: 2615108

Location: Middletown, RI, US

Date Posted: 2026-07-30

Category: Engineering and Sciences

Subcategory: Sys Safety Engr

Schedule: Full-Time

Shift: Day Job

Travel: No

Minimum Clearance Required: None

Clearance Level Must Be Able to Obtain: Secret

Potential for Remote Work: ORA_ON_SITE


Description

SAIC is seeking a Systems Safety Engineer at our office in Middletown, RI.

A successful candidate will work as part of a team analyzing a system to identify hazards, categorize risk, and recommend mitigations to reduce the risk of mishap occurrence.  Candidates will collaborate with internal team, government personnel, and subcontractors. 

Job Duties:

  • Utilizing quantitative and qualitative risk assessment techniques to perform safety analysis in accordance with MIL-STD-882E and other guidance.
  • Analysis of hardware, software, firmware, and system interfaces to identify hazards to personnel, equipment, and the environment, to include supplemental analysis techniques such as  fault tree analyses, failure modes and hazardous effects analyses, and sneak circuit analyses.
  • Review System Requirements documentation to identify potential hazardous conditions and make recommendations to system design in collaboration with program staff.
  • Performing operational analyses and studies to identify potential deficiencies in operating procedures, handling procedures, stowage or other logistics phases.
  • Reviewing and analyzing system safety management and program plans, safety analyses, accident and incident data, mishap investigation reports, safety test plans and results, and other ESOH related data.
  • Preparing or updating risk assessment reports, safety assessment reports, and presentation materials for formal submission.
  • Conducting or reviewing safety assessment of new, updated, and/or modified hardware and software, waivers, and exemption requests.

Qualifications

Qualifications:

  • Bachelor of Science (or higher) degree in engineering or a technical-related field and  two (2) or more years experience.
  • Candidate must be a US Citizen and have the ability to obtain SECRET level clearance. SAIC will sponsor qualified candidates for a security clearance.
  • Familiarity in the use and application of technical standards and system safety principles, theories, concepts and techniques.
  • Familiarity conducting and/or reviewing safety assessment of hardware, software, waivers, and exception requests.
  • Familiarity reviewing System Requirements documentation to identify potential hazardous conditions to make recommendations as needed.

Preferred Experience:

  • Basic understanding of Model Based Systems Engineering (MBSE), particularly using Cameo Systems Modeler, or a willingness to learn; formal training and mentorship will be provided for the right candidate.
  • Basic understanding of or exposure to Systems Engineering principles and practices, or a demonstrated willingness to develop that knowledge in a hands-on professional environment.
  • Basic familiarity with MIL-STD-882E and the Joint Software System Safety Engineering Handbook (JSSSEH), or an eagerness to learn and apply these standards under the guidance of experienced safety professionals.
  • Experience supporting Navy, Army, or Air Force acquisition programs.
  • Prior internship, co-op, or research experience in a systems engineering or safety-related discipline is a plus.


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