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Market Risk Analyst Internship Jobs in Minnesota

BSA High Risk Analyst

Saint Cloud, MN · On-site

$80K - $85K/yr

Actual pay will be based on factoring including, but not limited to: market data, internal equity ... The analyst performs enhanced due diligence (EDD), transaction monitoring, risk assessments ...

As a Risk Analyst Associate, you'll play a key role in supporting our construction and financial ... market standards. About You Required: * Bachelor's degree; No experience required. * Excellent ...

Partner with Credit Risk and Market Risk teams on limit framework design, calibration, monitoring, and governance. * Proactively identify analytical gaps or inefficiencies and take initiative to ...

... market surveillance, and field performance monitoring. * Hands-on experience leading root cause investigations and failure analysis activities. * Knowledge of medical device risk management ...

Partner with Credit Risk and Market Risk teams on limit framework design, calibration, monitoring, and governance. * Proactively identify analytical gaps or inefficiencies and take initiative to ...

... market surveillance, and field performance monitoring. * Hands-on experience leading root cause investigations and failure analysis activities. * Knowledge of medical device risk management ...

... market, operational, reputational, strategic, and other risks as appropriate. The Business Risk ... Professional will partner with their assigned Line of Business, other Business Risk Professionals ...

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Market Risk Analyst Internship information

What are the key skills and qualifications needed to thrive as a Market Risk Analyst Intern, and why are they important?

To thrive as a Market Risk Analyst Intern, you need a strong grasp of quantitative analysis, financial markets, and risk management concepts, typically supported by coursework in finance, economics, or statistics. Proficiency with statistical software, Excel, and risk management systems such as Bloomberg or MATLAB is commonly required. Strong analytical thinking, attention to detail, and effective communication skills help you interpret data and present findings clearly. These competencies ensure accurate risk assessments and support informed decision-making in fast-paced financial environments.

What is a Market Risk Analyst Internship?

A Market Risk Analyst Internship is a temporary position designed to provide students or recent graduates with hands-on experience in assessing and managing financial risks that arise due to market fluctuations. Interns typically assist in analyzing market data, monitoring risk exposures, and developing risk reports for trading desks or investment portfolios. This role helps interns understand how economic trends, interest rates, and market volatility impact a company's financial health. It also offers exposure to risk management tools and techniques commonly used in the finance industry.

What types of projects or analyses might a Market Risk Analyst Intern typically work on during their internship?

As a Market Risk Analyst Intern, you can expect to be involved in projects that analyze the impact of market movements—such as changes in interest rates, foreign exchange, and commodities—on the firm's portfolio. Interns often assist in stress testing, scenario analysis, and developing risk models using statistical tools. You'll likely collaborate with senior analysts and traders to gather data, perform quantitative analysis, and prepare presentations for risk committee meetings. This hands-on experience provides valuable insight into how financial institutions manage risk and offers a strong foundation for a future career in risk management.

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

AspectMarket Risk Analyst InternshipRisk Analyst
CredentialsTypically pursuing or recent graduate, some internships may require coursework in finance or risk managementBachelor's or master's degree in finance, economics, or related field; professional certifications like FRM or CFA are common
Work EnvironmentTemporary, entry-level, training-focused, often in financial institutions or banksFull-time, ongoing role in risk management teams within financial firms, corporations, or consulting
Employer & Industry UsageUsed by banks, asset managers, and financial firms for internship programsUsed across financial services, investment firms, and corporations for ongoing risk assessment roles

The main difference is that a Market Risk Analyst Internship is a temporary, entry-level position designed for learning and gaining experience, while a Risk Analyst is a full-time role with ongoing responsibilities in risk management. Internships often serve as a stepping stone toward a full Risk Analyst position in the industry.

What cities in Minnesota are hiring for Market Risk Analyst Internship jobs? Cities in Minnesota with the most Market Risk Analyst Internship job openings:
Non-Quant Market Risk Governance & Volcker Program Analyst

Non-Quant Market Risk Governance & Volcker Program Analyst

US Bank

Minneapolis, MN

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 23 days ago


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 356 frontline employees who took The Breakroom Quiz

44th of 149 rated banks


Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

Market Risk Management operates within the second line of defense and reports to the U.S. Bancorp Chief Risk Officer. The function provides independent oversight, governance, monitoring, and control of trading market risk across Capital Markets, Mortgage, Balance Sheet, and the Volcker Program Office. The team ensures market risk is managed in alignment with regulatory expectations, internal policies, and the company's risk appetite.

The Market Risk Governance & Volcker Analyst is a key contributor to the Market Risk Management team, supporting governance, program execution, regulatory engagement, and risk reporting activities. This role partners closely with senior team members and cross-functional stakeholders to help maintain a strong and effective market risk governance framework.

This individual will support day-to-day governance processes, assist in coordination across functions, and contribute to strategic and regulatory initiatives, including integration work related to BTIG and the ongoing enhancement of market risk oversight processes.

Job Function & Key Responsibilities

  • Support Market Risk Governance and Volcker Program activities, contributing to the execution of a strong second line governance framework.

  • Partner with Market Risk team members to assist with governance, reporting, and cross-functional coordination.

  • Assist in review and challenge processes related to Market Risk and Volcker Program activities, including:

    • limit monitoring and reporting

    • limit overage tracking and escalation support

    • issues management and remediation tracking

    • Enterprise Compliance Risk Assessment (ECRA)

    • Risk and Control Self-Assessments (RCSA)

    • model/tool governance coordination

  • Support maintenance and enhancement of governance processes, policies, procedures, and reporting routines.

  • Assist in preparation and coordination of materials for senior management committees and governance forums.

  • Participate in working groups and cross-functional initiatives, helping to evaluate market risk impacts.

  • Build working relationships with Trading, Treasury, Compliance, Operations, Finance, Technology, Model Risk, and Audit teams.

  • Support regulatory exams, internal reviews, and audit engagements by gathering information and assisting with responses.

  • Help identify process improvement opportunities and support implementation of solutions.

  • Contribute to enterprise and business-line initiatives impacting Market Risk, including new activities and regulatory changes.

  • Support BTIG integration efforts, including governance processes, reporting, and coordination activities.

  • Assist with project workstreams and support team priorities as needed.

Basic Qualifications

- Bachelor's degree, or equivalent work experience
- Typically more than six years of applicable experience

Preferred Skills/Experience

  • Degree in Accounting, Finance, Economics, Business, or related field

  • Experience in market risk, risk management, capital markets, or trading support

  • Basic understanding of market risk frameworks and governance practices

  • Familiarity with capital markets products (fixed income, derivatives, FX)

  • Strong organizational and analytical skills

  • Ability to work in a team environment and support multiple priorities

  • Effective communication and stakeholder coordination skills

  • Experience with regulatory, audit, or control functions is a plus

  • Exposure to Volcker Rule, governance frameworks, or risk/control processes preferred

LOCATION EXPECTATIONS: This role requires working from a U.S. Bank Location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $117,725.00 - $138,500.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.


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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

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