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Model Risk Intern Jobs in Indiana (NOW HIRING)

Metallurgy Internship

Columbia City, IN · On-site

$15.50 - $20.50/hr

Operating through a circular manufacturing model, the company manufactures a wide range of steel ... Intern Extravaganza * A two-day event at company headquarters featuring facility tours, networking ...

Posted today

Metallurgy Internship

Columbia City, IN · On-site

$15.50 - $20.50/hr

Operating through a circular manufacturing model, the company manufactures a wide range of steel ... Intern Extravaganza * A two-day event at company headquarters featuring facility tours, networking ...

New

Basic network services (TCP/IP, HTTP, SSH, SMB, and DNS), where they reside on the OSI model, and ... Possess knowledge of Information Security standards and concepts, such as Risk Management and ...

Basic network services (TCP/IP, HTTP, SSH, SMB, and DNS), where they reside on the OSI model, and ... Possess knowledge of Information Security standards and concepts, such as Risk Management and ...

Tax Intern Summer 2027

South Bend, IN · On-site +1

$27 - $42/hr

This role follows a hybrid work model for candidates located near a Crowe office. Candidates who ... risk and performance services. Crowe is recognized by many organizations as one of the country ...

Tax Intern Winter 2028

South Bend, IN · On-site +1

$27 - $42/hr

This role follows a hybrid work model for candidates located near a Crowe office. Candidates who ... risk and performance services. Crowe is recognized by many organizations as one of the country ...

Tax Intern Summer 2027

Fort Wayne, IN · On-site +1

$27 - $42/hr

This role follows a hybrid work model for candidates located near a Crowe office. Candidates who ... risk and performance services. Crowe is recognized by many organizations as one of the country ...

Tax Intern Summer 2027

Indianapolis, IN · On-site +1

$27 - $42/hr

This role follows a hybrid work model for candidates located near a Crowe office. Candidates who ... risk and performance services. Crowe is recognized by many organizations as one of the country ...

Tax Intern Winter 2028

Fort Wayne, IN · On-site +1

$27 - $42/hr

This role follows a hybrid work model for candidates located near a Crowe office. Candidates who ... risk and performance services. Crowe is recognized by many organizations as one of the country ...

Tax Intern Winter 2028

Indianapolis, IN · On-site +1

$27 - $42/hr

This role follows a hybrid work model for candidates located near a Crowe office. Candidates who ... risk and performance services. Crowe is recognized by many organizations as one of the country ...

Tax Intern Winter 2027

South Bend, IN · On-site +1

$27 - $42/hr

This role follows a hybrid work model for candidates located near a Crowe office. Candidates who ... risk and performance services. Crowe is recognized by many organizations as one of the country ...

Centerstone is also committed to a strong culture of quality and safety, celebrating role-models who champion best practices for quality, clinical risk, and patient safety. Equal Opportunity Employer ...

Showing results 21-40

Model Risk Intern information

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?

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 the most commonly searched types of Model Risk jobs in Indiana?

The most popular types of Model Risk jobs in Indiana are:

Metallurgy Internship

Steel Dynamics, Inc.

Columbia City, IN • On-site

$15.50 - $20.50/hr

Internship

Retirement

Posted 18 hours ago

Posted today


Steel Dynamics rating

7.9

Company rating: 7.9 out of 10

Based on 59 frontline employees who took The Breakroom Quiz

159th of 540 rated manufacturers


Job description

Steel Dynamics

What Does Steel Dynamics Do?

Steel Dynamics is a leading industrial metals solutions company that produces high-quality steel products primarily from recycled scrap. Operating through a circular manufacturing model, the company manufactures a wide range of steel products including flat roll, structural, and long products for industries such as construction, automotive, energy, and manufacturing. In addition to steel production, Steel Dynamics operates metals recycling facilities, steel fabrication plants, and aluminum production operations, serving customers across North America with a focus on innovation, efficiency, and sustainability.

What Makes This Internship Different?
Steel Dynamics’ metallurgy internships stand apart from others in the market because they provide a true balance of office-based engineering work and hands-on industrial experience. Interns are not confined to observing from a distance; instead, they actively work alongside operators and maintenance teams on the production floor, applying engineering principles directly to equipment, systems, and processes. This immersive approach gives interns the opportunity to design solutions, test them in real-world conditions, and see the immediate impact of their work. At SDI, metallurgy is not limited to research and development, it is a dynamic combination of technical analysis and practical application that exposes interns to the full scope of how metallurgy drives production success.

Internship Location

This internship is located at the Steel Dynamics Structural & Rail Division located in Columbia City, Indiana, in the Melt Department. This internship will take place during Summer 2027.


Internship Benefits

  • Furnished Housing Free of Cost
    • Provided for interns living more than 50 miles from their work site, including essential furnishings to ensure a comfortable stay during the internship.
  • 401(k) & Company Match
    • Eligibility to participate in the company 401(k) plan with a 10–50% company match that vests immediately.
  • Employee Discounts
    • Access to discounts on hotels, vehicles, and other goods and services through Steel Dynamics’ nationwide partner network.
  • Employee Assistance Program
    • Up to five free visits per issue, per year for counseling, legal advice, financial guidance, and other daily living resources.
  • Intern Extravaganza
    • A two-day event at company headquarters featuring facility tours, networking with company leaders, cultural immersion, and connecting with other interns from across the country.
  • Competitive Pay
    • Competitive hourly wages for all internship positions, rewarding the value interns bring to the company.

What Are My Responsibilities as a Metallurgy Intern at Steel Dynamics?

  • Assist with scrap analysis and alloy verification using spectrometry and other lab tools to support quality and certification standards.
  • Support melt shop operations by collecting and analyzing production data, identifying yield loss points, and recommending improvements for efficiency and recovery.
  • Participate in scrap recovery and process optimization projects, including developing sorting criteria and tracking melt loss.
  • Collaborate with operators, engineers, and lab personnel across shifts to ensure consistency in data collection, quality assurance, and process improvements.
  • Gain hands-on experience in melting operations, including assisting with heat cycles, transfers, and turnaround tasks.
  • Contribute to quality assurance efforts by validating lab results, supporting round robin testing, and ensuring compliance with accuracy standards.

What Qualifications Do I Need?

  • Candidates should be enrolled in a Bachelor’s degree program in Materials Science or Engineering
  • Preferred GPA of at least 2.7

Examples of Projects Steel Dynamics Metallurgy Interns Have Completed

  • Analyze aluminum scrap using optical emission spectrometry (OES) to determine alloy composition, contamination levels, and reusability, supporting ISO 17025 certification and chemical accuracy standards.
  • Develop and refine scrap sorting criteria by evaluating melt loss rates and contamination risk across different scrap types, such as bare clips, stubs, and shreds, and determine effective cost per pound for each.
  • Map the scrap flow from production to melt by collecting heat-level data across all production lines, identifying inefficiencies, yield loss points, and variability in operator practices to guide melt optimization strategies.
  • Lead a scrap recovery project to track and quantify melt loss during charging, establish baselines for key commodities, and provide actionable recommendations to reduce loss and improve recovery through better handling and process controls.
  • Collaborate with melt shop teams across all shifts to monitor process variability, collect data, and implement best practices, building operator trust and maintaining project momentum through consistent communication.
  • Support casting operations by participating in transfer and turnaround tasks, operating forklifts and fork trucks, and engaging directly with the production team during heat cycles and metal transfers.
  • Participate in quality assurance initiatives such as round robin testing across multiple spectrometers, coordinating with lab personnel to validate data against certified samples and ensure accuracy across labs.
  • Gain exposure to the full aluminum casting lifecycle, from scrap charging and melting to alloying, dross removal, and coil shipment, by observing and assisting in day-to-day melt shop operations.
  • Assist in planning and conducting future recovery trials focused on single scrap types or different alloying sequences to isolate melt loss behaviors and refine charge mix procedures.

Steel Dynamics, Inc., and all affiliated entities are equal opportunity employers. 


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About Steel Dynamics

Sourced by ZipRecruiter

Steel Dynamics is one of the largest and most diversified domestic steel producers and metals recyclers in the United States, with an estimated steelmaking and coating capacity of approximately 13 million tons, and facilities located throughout the United States and in Mexico. We operate using a circular manufacturing model, producing lower-carbon-emission, quality steel using electric arc furnace (EAF) technology with recycled ferrous scrap as the primary input. Our circular economy is powered by our three primary operating platforms: steel, metals recycling, and steel fabrication. Our steel operations produce steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, and specialty steel sections. Our metals recycling operations collect and process ferrous and nonferrous scrap from manufacturing and end-of-life items, such as automobiles, appliances, and machinery. This processed scrap is then sold to end-users for reuse, including our EAF steel mills, which produce new steel from the scrapped material. We sell a meaningful amount of steel to our own steel fabrication operations that in turn produce and sell structural steel joist and deck building systems to consumers.

Industry

Manufacturing

Company size

5,001 - 10,000 Employees

Headquarters location

Fort Wayne, IN, US

Year founded

1993