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Model Risk Intern Jobs in California (NOW HIRING)

Umba

Operations Intern

San Francisco, CA · On-site

$15/hr

This platform uses machine learning and big data to build credit scores to optimize risk exposures ... Our machine learning models are in a state of constant improvement and we use AI and automation to ...

Umba

$15/hr

This platform uses machine learning and big data to build credit scores to optimize risk exposures ... Our machine learning models are in a state of constant improvement and we use AI and automation to ...

Maverick Payments

Underwriting Intern

Calabasas, CA · On-site

$22 - $27/hr

... modeling to solve finance related business problems. Interns will engage directly and ... Partner with cross-functional teams (e.g., Risk, Business Development, Operations, Compliance) to ...

AppFolio

Director, Internal Audit

San Francisco, CA

... model risk, and what HITL oversight means in practice. • Strong grasp of internal control frameworks (COSO, COBIT) and how controls mature alongside organizational and technological change. • ...

AppFolio

Director, Internal Audit

Goleta, CA

... model risk, and what HITL oversight means in practice. • Strong grasp of internal control frameworks (COSO, COBIT) and how controls mature alongside organizational and technological change. • ...

AppFolio

CA

$167K - $209K/yr

... model risk, and what HITL oversight means in practice. • Strong grasp of internal control frameworks (COSO, COBIT) and how controls mature alongside organizational and technological change. • ...

AppFolio

Director, Internal Audit

Santa Barbara, CA

$167K - $209K/yr

... model risk, and what HITL oversight means in practice. • Strong grasp of internal control frameworks (COSO, COBIT) and how controls mature alongside organizational and technological change. • ...

AppFolio

Director, Internal Audit

San Diego, CA

... model risk, and what HITL oversight means in practice. • Strong grasp of internal control frameworks (COSO, COBIT) and how controls mature alongside organizational and technological change. • ...

AppFolio

Director, Internal Audit

San Diego, CA

$167K - $209K/yr

... model risk, and what HITL oversight means in practice. • Strong grasp of internal control frameworks (COSO, COBIT) and how controls mature alongside organizational and technological change. • ...

AppFolio, Inc.

Sr Manager Internal Audit

Santa Barbara, CA · On-site +1

$138K - $173K/yr

... model risk, and what HITL oversight means in practice. • Strong grasp of internal control frameworks (COSO, COBIT) and how controls mature alongside organizational and technological change. • ...

Stand Insurance

Fire Science Intern

San Francisco, CA · On-site

$30/hr

We use advanced physics and AI to model catastrophic risk at the asset level, then automate ... Role Description: We're seeking a Fire Science Engineering Intern to support Stand's fire ...

Nirmata

AI Software Engineer Intern

San Jose, CA · On-site +1

Familiarity with Large Language Models (LLMs) and Generative AI (GenAI) technologies including ... risk, and accelerates the enterprise journey to secure innovation. Nirmata's success is built on ...

Labelbox

Cyber Security Intern

San Francisco, CA · On-site

... models at leading research labs and enterprises. Since 2018, we've been pioneering data-centric ... and risk management capabilities. Interns on our team gain exposure to real world security ...

Amazon

Loss Prevention Specialist Intern 2026

Stockton, CA · On-site

$20.50 - $26.25/hr

Manage access controls within the assigned FC to reduce the risk of unauthorized data access ... Meet or surpass your objectives that align with security service model. Serve as department ...

Amazon

Loss Prevention Specialist Intern 2026

Stockton, CA · On-site

$20.50 - $26.25/hr

... the risk of unauthorized data access. • Inspire performance excellence on the part of all ... service model. • Serve as department's liaison for facility management keeping them abreast of ...

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All JobsModel Risk Intern JobsModel Risk Intern Jobs in California

Model Risk Intern information

What is the difference between Model Risk Intern vs Quantitative Analyst Intern?

AspectModel Risk InternQuantitative Analyst Intern
Required CredentialsTypically pursuing or holding a degree in finance, mathematics, or related fieldsSimilar educational background, often with additional focus on finance or economics
Work EnvironmentRisk management teams within banks, asset managers, or financial institutionsQuantitative research teams in investment firms, banks, or hedge funds
Employer & Industry UsageCommon in risk management departments across financial servicesPrevalent 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 are Model Risk Interns?

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 do Model Risk Interns 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 are the most commonly searched types of Model Risk jobs in California? The most popular types of Model Risk jobs in California are:
What cities in California are hiring for Model Risk Intern jobs? Cities in California with the most Model Risk Intern job openings:
Model Risk Intern jobs near you
Operations Intern

Operations Intern

Umba

San Francisco, CA • On-site

$15/hr

Full-time

Posted 16 days ago

Job description

Company introduction
Our mission at Umba is to use machine learning to allow us to create intelligent, affordable financial products for emerging markets.
Umba launched into the Kenyan market in November 2018, and offers a number of digital banking products to its users through an Android App.
This platform uses machine learning and big data to build credit scores to optimize risk exposures and allows users to apply, receive and repay microloans and through their smartphone.
Once a user creates an account we validate their information and make lending decisions based on the information they give us and hundreds of data points we take from their smartphone with their permission.
Our machine learning models are in a state of constant improvement and we use AI and automation to deliver the lowest cost banking solutions for our growing customer base. We have built out a large data collection platform, with our data warehouse storing over 100m rows of data for accurate credit scoring.
Job Description
Umba is looking for an Operations Intern to join our team. We are seeking an individual who can perform various duties related to operations. The intern will be exposed to a great deal of challenging experiences that align with a startup that is scaling rapidly. Under the supervision of an assigned Manager, this position will be responsible for assisting with a range of operation roles within the business. The intern is expected to work no more than 24 hours a week and will be paid $15/hour.
This position will include the following responsibilities:
• Participates in special projects to support the companies goals.
• Develops and maintains positive business relationships with associates.
• Provides administrative support for day-to-day business activities for the assigned department.
• Interacts with the team to provide support, gather information, and prepare all materials related to presentations, spreadsheets, correspondence, etc.
• Assists in the definition of project scope and objectives.
• Maintains confidential and specialized files, documents, and records.
• Completes other duties as assigned.
Education
• Bachelor's degree
• Preferred GPA of 3.0 or higher.
Knowledge, Skills, And Abilities
• Strategic and fast-paced thinker who quickly establishes and maintains credibility and trust.
• Strong written and verbal communications skills.
• Good accounting proficiency
• Possesses a high degree of drive and tenacity with a proven track record of achieving results and possesses a strong attention to detail and follow-up skills.
• Organized self-starter, with an ability to prioritize time-sensitive assignments.
• Needs to be able to work independently with minimal supervision.
• Proficiency in Microsoft computer skills (i.e. Word, PowerPoint, and Excel).
Work Status
Must be a U.S. citizen.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

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