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Model Risk Intern Jobs in New York (NOW HIRING)

WallStreetQuants

Quantitative Developer Intern

New York, NY · On-site

$21 - $27.50/hr

Collaborate with quantitative researchers to translate models and research ideas into production ... Exposure to financial markets, market data, order execution, backtesting, or risk systems.

WallStreetQuants

Quantitative Developer Intern

New York, NY · On-site

$21 - $27.50/hr

Collaborate with quantitative researchers to translate models and research ideas into production ... Exposure to financial markets, market data, order execution, backtesting, or risk systems.

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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 New York? The most popular types of Model Risk jobs in New York are:
What cities in New York are hiring for Model Risk Intern jobs? Cities in New York with the most Model Risk Intern job openings:
Model Risk Intern jobs near you
Infographic showing various Model Risk Intern job openings in New York as of July 2026, with employment types broken down into 27% Internship, 55% Full Time, and 18% Temporary. Highlights an 100% In-person job distribution.
TST PREVENTATIVE UNPAID INTERN

TST PREVENTATIVE UNPAID INTERN

SCO Family of Services

Brooklyn, NY • On-site

Other

Re-posted 5 days ago

SCO Family of Services rating

7.2

Company rating: 7.2 out of 10

Based on 16 frontline employees who took The Breakroom Quiz

Job description

TST Preventive Unpaid Intern

Job Category: Professional Requisition Number: TSTPR004066

Part-Time Rate: $0 USD per hour Location: Brooklyn, NY 11216, USA

Job Details Description

The TST Preventive Intern is responsible for providing case management and counseling using the Trauma Systems therapy (TST) model to families with children who have been exposed to traumatic events and display maladaptive behaviors as a result of their exposure to the trauma. The TST intern works to strengthen the relationship between the child/ren and their caretakers and social environment with the goal of restoring safety, attachment and appropriate affect. The intern works closely with the Field Instructor to insure all responsibilities are carried out in accordance with model fidelity and the standards of ACS and SCO Family of Services. The area covered is all of Brooklyn.

Responsibilities include:

  • Partner with families to provide assessment, treatment planning, interventions and case management to prevent foster care and promote wellbeing.
  • Adhere to fidelity of the TST model: Work within model structure regarding case contacts, interventions, field instruction/supervision, documentation and length of treatment.
  • Participate in weekly TST Consultation meetings.
  • Work collaboratively with the treatment team including Case Aide, Psychiatrist/Nurse Practitioner and legal advocate.
  • Conduct regular home and office visits, and other field visits as needed.
  • Provide clinically focused case management including advocacy and referral.
  • Assess safety and risk and implement crisis management plans and safety plans as needed.
  • Schedule and participate in conferences with families, community partners and ACS using the Family Team Conferencing (FTC) model.
  • Complete all required documentation and data entry within deadlines.
  • Utilize mobile technology to complete documentation.
  • Attend individual field instruction and all necessary meetings and trainings.
  • Other duties as assigned.
Qualifications Education Required

High School or better.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

What SCO Family of Services employees say

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About SCO Family of Services

Sourced by ZipRecruiter

SCO Family of Services, based in Glen Cove, NY, is a nonprofit human services organization serving more than 60,000 people annually throughout New York City and Long Island. Established in the year 1895, SCO is deeply rooted in the social welfare landscape, committed to helping vulnerable communities build a strong foundation for the future. Operating in the social assistance sector, the organization offers a vast array of services including family fostering and adoption support, special education, youth and family counseling, and homelessness prevention, among others.

Industry

Individual, family and community social assistance

Company size

1,001 - 5,000 Employees

Headquarters location

Glen Cove, NY, US

Year founded

1895

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