Overview The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress ...
Overview The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress ...
Overview The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress ...
Overview The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress ...
Risk Intern
Chicago, IL · On-site
$41K - $50K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Chicago, IL · On-site
$41K - $50K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Washington, DC · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Washington, DC · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
San Francisco, CA · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
San Francisco, CA · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress Test ...
The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress Test ...
The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress Test ...
The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress Test ...
Overview The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress ...
Overview The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress ...
Risk Intern
Los Angeles, CA · On-site
$43K - $52K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Los Angeles, CA · On-site
$43K - $52K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Overview The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress ...
Overview The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress ...
Risk Intern
Atlanta, GA · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Atlanta, GA · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Manhattan, NY · On-site
$44K - $53K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Manhattan, NY · On-site
$44K - $53K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Chicago, IL · On-site
$41K - $50K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Chicago, IL · On-site
$41K - $50K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Dallas, TX · On-site
$39K - $48K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Dallas, TX · On-site
$39K - $48K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Los Angeles, CA · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Los Angeles, CA · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Atlanta, GA · On-site
$38K - $46K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Atlanta, GA · On-site
$38K - $46K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Washington, DC · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Washington, DC · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
San Francisco, CA · On-site
$47K - $57K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
San Francisco, CA · On-site
$47K - $57K/yr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Dallas, TX · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
Dallas, TX · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
New York, NY · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Risk Intern
New York, NY · On-site
$27 - $42/hr
Support model and credit risk engagements by helping assess model governance, model inputs, data, documentation, testing results, and risk management practices. * Support regulatory compliance and ...
Model Risk Intern information
See salary details
$25.5K - $31.2K
5% of jobs
$33.1K is the 25th percentile. Wages below this are outliers.
$31.2K - $36.9K
59% of jobs
$36.9K - $42.5K
9% of jobs
$43K is the 75th percentile. Wages above this are outliers.
$42.5K - $48.2K
17% of jobs
$48.2K - $53.9K
4% of jobs
$53.9K - $59.6K
2% of jobs
$59.6K - $65.3K
3% of jobs
$65.3K - $71K
0% of jobs
$71K - $76.6K
0% of jobs
$76.6K - $82.3K
0% of jobs
$82.3K - $88K
0% of jobs
$25.5K
$42.6K
$88K
How much do model risk intern jobs pay per year?
As of Aug 26, 2026, the average yearly pay for model risk intern in the United States is $42,584.00, according to ZipRecruiter salary data. Most workers in this role earn between $32,500.00 and $46,000.00 per year, depending on experience, location, and employer.
What is a model risk intern?
Model Risk Interns are students or early-career professionals who support the model risk management teams within financial institutions or other organizations that rely on quantitative models. Their responsibilities typically include assisting with model validation, documentation, testing, and analysis to ensure models are accurate and compliant with regulatory requirements. They work under the supervision of experienced model risk analysts, gaining hands-on experience in risk assessment, data analysis, and regulatory compliance. This role is ideal for individuals pursuing degrees in mathematics, statistics, finance, or related fields.
What types of projects does a model risk intern typically work on, and how do these projects support the overall risk management function?
As a Model Risk Intern, you will often assist with validating financial and statistical models used across various business functions, such as credit risk, market risk, and operational risk. Your projects may include reviewing model documentation, performing sensitivity analysis, and preparing validation reports. These tasks help ensure the accuracy and reliability of models that inform critical business decisions, directly supporting risk management and regulatory compliance. Additionally, you’ll collaborate closely with quantitative analysts, model developers, and risk managers, gaining valuable exposure to cross-functional teamwork in a fast-paced financial environment.
What are the key skills and qualifications needed to thrive as a model risk intern, and why are they important?
To thrive as a Model Risk Intern, a strong background in quantitative analysis, statistics, and finance—often supported by coursework in mathematics, economics, or related fields—is essential. Familiarity with programming languages like Python or R, experience with statistical modeling tools, and knowledge of regulatory guidelines such as SR 11-7 are typically required. Analytical thinking, attention to detail, and clear communication are vital soft skills for explaining complex models and collaborating with stakeholders. These skills ensure accurate model validation, effective risk assessment, and compliance with regulatory standards in financial institutions.
What is the difference between Model Risk Intern vs Quantitative Analyst Intern?
| Aspect | Model Risk Intern | Quantitative Analyst Intern |
|---|---|---|
| Required Credentials | Typically pursuing or holding a degree in finance, mathematics, or related fields | Similar educational background, often with additional focus on finance or economics |
| Work Environment | Risk management teams within banks, asset managers, or financial institutions | Quantitative research teams in investment firms, banks, or hedge funds |
| Employer & Industry Usage | Common in risk management departments across financial services | Prevalent in trading, investment, and financial analysis roles |
The Model Risk Intern focuses on identifying, assessing, and mitigating risks associated with financial models, ensuring their accuracy and compliance. In contrast, the Quantitative Analyst Intern typically develops and applies mathematical models for trading, investment strategies, or financial analysis. Both roles require strong quantitative skills and often overlap in educational background, but they serve different functions within financial organizations.
What cities are hiring for Model Risk Intern jobs?
Cities with the most Model Risk Intern job openings:
What states have the most Model Risk Intern jobs?
States with the most job openings for Model Risk Intern jobs include:
Credit Risk Management Department - Risk Analytics Model Intern
Manhattan, NY • On-site
$19/hr
Full-time, Internship
Re-posted 3 days ago
Job description
Introduction
Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.
OverviewThe intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress Test, aggregate model output, conduct data analysis, and also help document models for model risk management purpose (internal model review and audit). She/he will participate in model lifecycle and provide assistance for any finding/regulatory issue (e.g. MRA) remediation.
ResponsibilitiesCredit Risk Rating
- Coordinate the requests from FLUs and CRM CA teams, be familiar with the model setup and requirements, and generate the rating reports as required.
Stress Test
- Run the quarterly stress tests, aggregate the results, perform in-depth analysis, and prepare the reports.
Model Risk Governance
- Update the model docs for ERM reviews, assist the finding remediation, track the finding/issue status.
Admin duties
- Help the team lead on various team admin work such as invoice processing, meeting organization and minutes, meeting deck preparation, etc.
- Bachelor's degree in Math, Statistics, Physics, Computer Science, Financial Engineering, etc. is required.
- Be familiar with the programming languages such as VBA and Python.
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $19.00 - USD $19.00 /Hr.Employment Type: INTERN