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Model Risk Intern Jobs in California (NOW HIRING)

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 ...

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 ...

... strategy and risk management consulting; mergers and acquisitions; debt and equity private ... As an intern, you may be engaged in financial modeling, research, and report composition. We work ...

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 ...

Tobacco Program Intern

CA · On-site

$20.78 - $26.99/hr

Model a positive influence over the tobacco and nicotine culture of Inyo County Tobacco and ... Interact with at-risk youth * Continually seek knowledge of new prevention topics and strategies ...

... the models, data products, and insights needed to make decisions and grow responsibly. We're ... risk exposure), how our go-to-market motions operate (designing growth experiments, optimizing ...

We are building risk-aware, dependable, and field-ready AI systems that address the most complex ... models through real-field applications. Learn more at $20 - $22 an hour About the Job We are ...

We are building risk-aware, dependable, and field-ready AI systems that address the most complex ... models through real-field applications. Learn more at $20 - $22 an hour About the Job We are ...

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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:

Fire Science Intern

Stand Insurance

San Francisco, CA • On-site

$30/hr

Full-time

Medical, Dental, Vision, Retirement

Posted 9 days ago


Job description

Why Join Stand: At Stand, you'll help build a new class of global property protection. We use advanced physics and AI to model catastrophic risk at the asset level, then automate underwriting and mitigation before loss occurs. Insurance is simply the current delivery mechanism. The real product is a scalable risk engine, our Stand World Model https://frontier.standinsurance.com/.
We stay when traditional insurers exit. We model what others approximate. And we build systems that change outcomes, not just prices.
Leadership: Our leadership team includes former successful founders and CEOs from Metromile, PolicyGenius, WePay, and HotelTonight, bringing deep experience in building and scaling high-growth companies.
Background: The property insurance industry is built to price loss after it happens. It relies on coarse proxies, backward-looking data, and manual processes, then accepts damage as unavoidable.
Stand takes a different approach. We simulate how real-world catastrophes affect individual properties, translate that into actionable decisions, and automate the business around it. The result is a platform that can underwrite what others can't and operate with far less friction.
About: Stand is a technology and insurance company reimagining how society assesses, mitigates, and adapts to catastrophic risk for homeowners. Our leadership team brings deep experience across insurance, technology, and climate science, having built significant market value at prior ventures.
Traditional insurance models often rely on broad exclusions, leaving many homeowners with limited or no viable coverage options. At Stand, we use deterministic, physics-based models and advanced analytics to deliver personalized risk assessments - empowering homeowners to secure coverage and take proactive, science-driven steps toward resilience.
Background: Most property insurers assess wildfire risk using broad proxies, backward-looking loss data, and simplified hazard scores. While sufficient for portfolio pricing, these tools break down at the property level-where homeowners need to understand what actually drives loss and what actions meaningfully reduce it.
Stand operates from first principles. We simulate fire behavior and structure exposure using deterministic, physics-based models, then validate those models against controlled fire experiments. The result is a shift from correlation-based pricing to a causal understanding of wildfire risk and mitigation effectiveness.
Experiments and simulation validation are, therefore, foundational to our work. Converting experimental results into clean, well-documented, simulation-ready datasets is critical to ensuring our models are accurate, trustworthy, and actionable for underwriting and mitigation decisions.
Location: Onsite in Jackson Square, San Francisco.
Compensation: $30/hr. Targeting 40/hrs a week.
We do not cover relocation or lodging stipends.
Role Description: We're seeking a Fire Science Engineering Intern to support Stand's fire experimentation and simulation validation efforts. This role spans experiment design, execution, data processing, and numerical simulation tie-out.
You will help design and run controlled fire experiments, manage instrumentation and data capture, and convert raw experimental outputs into validation-ready datasets that directly support physics-based fire modeling.
This is an immersive, project-based internship designed for students or early-career engineers interested in fire science, experimental methods, and computational modeling-not a survey or observer role.
Core Responsibilities:
  • Design and support controlled fire experiments by defining test conditions, configurations, and instrumentation layouts
  • Operate experimental instrumentation, DAQ systems, and cameras during live fire tests to ensure complete and synchronized data capture
  • Troubleshoot sensor, DAQ, and timing issues under real test-day constraints
  • Process raw experimental outputs into clean, reproducible, validation-ready datasets using repeatable workflows
  • Support numerical simulations and perform experimental-simulation comparisons for fire model validation
  • Maintain clear run logs, data documentation, and experimental runbooks to ensure repeatability and knowledge transfer

Must-Have Skills:
  • Hands-on experience setting up and operating experimental instrumentation and DAQ systems
  • Familiarity with fire-related experiments and strong laboratory safety discipline
  • Experience operating sensors or diagnostics and aligning multi-channel data in time
  • Proficiency in time-series data processing, visualization, and basic data quality checks
  • Strong documentation habits, including run logs, data notes, and clear technical summaries
  • Ability to work independently and troubleshoot issues during live experiments

Nice-to-Have Skills:
  • Experience with CFD / fire modeling tools
  • Familiarity with experimental validation of numerical or physics-based models
  • Experience working in test-day or field-like experimental environments under time pressure

What You'll Gain:
  • Hands-on experience designing and executing real fire experiments from setup through analysis
  • Exposure to fire modeling and experimental validation workflows used in production systems
  • Ownership over experimental data that directly supports physics-based wildfire risk models
  • Close mentorship from experienced fire science and modeling engineers
  • Insight into how fire science translates into real underwriting, mitigation, and product decisions

Benefits:
  • Above-market Health, Dental, and Vision coverage
  • Weekly lunch stipend
  • Flexible time off + holidays
  • 401(k) plan
  • Commuter benefits
  • PAT & MAT Leave
  • Short-Term and Long-Term Disability
  • Monthly team gatherings
  • In-office perks

Work Authorization
Candidates must be authorized to work in the U.S. Stand does not sponsor new work visas. We can consider candidates on TN visas, O-1A visas, or H-1B transfers with three years or more remaining.
Equal Opportunity Employment
Stand is an equal opportunity employer and does not discriminate on the basis of protected veteran status, disability, or other legally protected status. We believe that diversity enriches the workplace, and we are committed to growing our team with the most talented and passionate people from every community.
We are committed to providing reasonable accommodations for qualified individuals. If you require assistance
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.