1

Internship Risk Quant Jobs in Manhattan, NY (NOW HIRING)

... risk management, among others. Interns will have an opportunity to meaningfully contribute to all facets of running a successful quantitative trading business and help it grow and diversify. What You ...

New

Showing results 41-60

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 Manhattan, NY?

The most popular types of Risk Quant jobs in Manhattan, NY are:

What are popular job titles related to Internship Risk Quant jobs in Manhattan, NY?

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

What cities near Manhattan, NY are hiring for Internship Risk Quant jobs?

Cities near Manhattan, NY with the most Internship Risk Quant job openings:

Infographic showing various Internship Risk Quant job openings in Manhattan, NY as of June 2026, with employment types broken down into 91% Full Time, and 9% Part Time. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution.

Financial Risk & Governance Intern [2027 Internship Program]

The Depository Trust Clearing

Jersey City, NJ โ€ข Hybrid

$19.50 - $25.50/hr

Full-time

Posted 12 days ago


Job description

Build Your Future at DTCC

Financial Risk & Governance
As a Financial Risk & Governance Intern, you will gain exposure to DTCC's approach to identifying, measuring, monitoring, and controlling market, liquidity, and stress testing risks related to the clearing and settlement process. You will support the team's work across risk monitoring, analysis, reporting, and governance activities while building a practical understanding of how DTCC helps manage risk for its clearing agencies, members, and the broader financial markets.

At DTCC, interns contribute to meaningful work while learning how the financial markets operate behind the scenes. You will be part of a structured summer experience that combines team-based project work, training, feedback, mentorship, and opportunities to connect with leaders and peers.

About the Summer Internship Program

The Summer Internship Program is a 10-week experience designed to build a strong foundation for early-career talent. The program includes orientation, training, manager engagement, feedback milestones, networking, and development experiences that help students explore potential full-time career paths, including EDGE where applicable.

What you will gain

  • Hands-on work connected to real business priorities, not only observation or administrative tasks.
  • Structured orientation and training to help you understand DTCC, the industry, and your business area.
  • Manager support, mentorship, peer connection, and opportunities to build your network.
  • Development experiences focused on communication, feedback, professional skills, and career readiness.
  • Mid-point and final feedback to help you understand your strengths, development areas, and potential next steps.
  • Exposure to DTCC culture, values, and community engagement.

What you will do

Role Responsibilities
In this role, you will support financial risk monitoring, analysis, and governance activities while learning how DTCC manages clearing and settlement risk.

  • Support day-to-day risk monitoring activities, including reviewing changes in margin requirements, collateral needs, liquidity usage, and trading activity across member firms.
  • Assist with analysis of member activity and trading patterns to help identify trends, emerging risks, or items that may require additional review.
  • Develop an understanding of clients' business and risk profiles to help support risk-related inquiries, internal reporting, and clear communication with stakeholders.
  • Help prepare, review, or enhance documentation, reporting, and process materials that support strong governance, controls, and effective risk management.
  • Collaborate with team members and internal partners, including areas such as Quantitative Risk Management, Counterparty Credit Risk, and other risk teams, to learn how financial risk is managed across DTCC.

What will help you succeed

Required

  • Currently pursuing a bachelor's degree in Business, Economics, Finance, Accounting, or any other related field.
  • Expected graduation date: Spring2028
  • Minimum GPA: 3.2
  • Authorization to work permanently in the United States without current or future sponsorship.
  • Currently pursuing a bachelor's degree in Business, Economics, Finance, Accounting, or any other related field.

Preferred

  • Coursework, projects, prior work, internship, student organization, volunteer, or leadership experience related to the role.
  • Interest in financial services, technology, operations, risk, data, business, or the specific business area.

What makes you successful

  • Curiosity, initiative, and willingness to ask questions.
  • Strong communication, organization, and follow-through.
  • Analytical thinking and attention to detail.
  • Ability to use feedback and adapt as you learn.
  • Collaboration, professionalism, and accountability.

Benefits and work model

  • Competitive hourly compensation.
  • Hybrid work model: 3 days in office and 2 days remote, based on team schedule.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.