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Model Risk Intern Jobs in Virginia (NOW HIRING)

Ashoka

Youth Safeguarding & Autonomy Intern

Arlington, VA · On-site +1

$17.25 - $23/hr

... of risk and safety * Help identify opportunities to influence the field, including mapping ... You have an ability to go deep...into a model, into a field, into an idea * You are comfortable ...

Ashoka

Youth Safeguarding & Autonomy Intern

Arlington, VA · Remote

$17.25 - $23/hr

... of risk and safety * Help identify opportunities to influence the field, including mapping ... You have an ability to go deep...into a model, into a field, into an idea * You are comfortable ...

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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 Virginia? The most popular types of Model Risk jobs in Virginia are:
What cities in Virginia are hiring for Model Risk Intern jobs? Cities in Virginia with the most Model Risk Intern job openings:
Model Risk Intern jobs near you
Youth Safeguarding & Autonomy Intern

Youth Safeguarding & Autonomy Intern

Ashoka

Arlington, VA • On-site, Remote

$17.25 - $23/hr

Internship

Posted 9 days ago

Job description

About Ashoka
Ashoka is the largest global network of leading social entrepreneurs-individuals with new ideas to systemically address the world's biggest challenges and the entrepreneurial skill to transform those ideas into national, regional, and global social impact. Over 40 years, Ashoka has supported nearly 4,000 social entrepreneurs in more than 90 countries with solutions addressing society's most pressing issues. Ashoka's vision is a world in which Everyone is a Changemaker-a society that responds quickly and effectively to challenges, and where everyone has the freedom, confidence, and societal support to address any social problem.A core part of this work is ensuring that young people grow up with the agency, empathy, and real-world experience to shape the world around them.
About the Role
Ashoka is seeking a thoughtful and proactive intern to support our Youth Safeguarding team. This role sits at the intersection of safety, youth agency, and systems change. You will help strengthen how organizations create environments where young people are both supported and trusted to lead.
This is an opportunity to contribute to a growing field that is rethinking what "safe" means in youth-serving spaces. Rather than defaulting to control and restriction, our work centers trust, autonomy, and shared responsibility.
This is what it means to be an Intern at Ashoka: https://www.youtube.com/watch?v=fWDCtlCQkCw.
What Will You Do:
  • Support the design and improvement of Youth Safeguarding and Youth Autonomy trainings, making them more engaging, practical, and aligned with real-world contexts

  • Lead updates to Ashoka's Youth Autonomy Toolkit, working alongside staff and young people to ensure it reflects lived experience and is easy to use

  • Conduct research on the insurance landscape affecting youth-serving organizations, including policies, trends, and key actors shaping definitions of risk and safety

  • Help identify opportunities to influence the field, including mapping strategies to shift how institutions understand youth agency as a strength rather than a liability

  • Engage with young people, educators, and partners to gather insights and test ideas

  • Contribute to internal strategy discussions, synthesis documents, and external-facing materials

Who Are You:
  • You care deeply about young people and believe in their ability to lead and create change

  • You are curious about how systems work and motivated to challenge assumptions, especially around risk, safety, and control

  • You are a strong researcher and clear writer, able to synthesize complex ideas into actionable insights

  • You are comfortable working independently in a remote environment and collaborating across a distributed team

  • You bring a thoughtful, reflective approach and are open to learning from young people as co-leaders

  • You are driven, well-organized, and detail-oriented while finding fun opportunities to innovate every day

  • You have an ability to go deep...into a model, into a field, into an idea

  • You are comfortable working in ambiguity. Experience making something ambiguous concrete and actionable

  • You have self-motivation and an entrepreneurial ability

  • You can work independently in a collaborative, creative environment

  • You have a desire to cause systemic change

What You'll Gain:
  • Hands-on experience contributing to systems-level change in youth development and safeguarding

  • Exposure to Ashoka's global network and approach to changemaking

  • Opportunities to shape tools, trainings, and strategies used by educators and organizations

  • Mentorship from a team working at the forefront of youth agency and autonomy

Additional Details
  • This is an unpaid internship, however, we are happy to support you in meeting the requisites of school paid internships at your university.

  • Must be based in the United States

  • Must be able to pass a US background check

  • Flexible hours, with an expected commitment of at least 30 hours per week

Apply