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Model Risk Intern Jobs in Ashburn, VA (NOW HIRING)

2027 CIO Advisory Consulting Intern

Washington, DC · On-site

$17 - $22.75/hr

As a CIO Advisory Consulting Intern , you will gain hands-on experience helping Chief Information ... risk, and deliver measurable value. Your work may span technology strategy and operating models ...

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Model Risk Intern information

See Ashburn, VA salary details

$26.1K

$43.5K

$90K

How much do model risk intern jobs pay per year?

As of Sep 13, 2026, the average yearly pay for model risk intern in Ashburn, VA is $43,546.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,200.00 and $47,000.00 per year, depending on experience, location, and employer.

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 Ashburn, VA?

The most popular types of Model Risk jobs in Ashburn, VA are:

What cities near Ashburn, VA are hiring for Model Risk Intern jobs?

Cities near Ashburn, VA with the most Model Risk Intern job openings:

Enterprise Cybersecurity Data Loss Prevention Intern

Mclean, VA • On-site

Booz Allen Hamilton, Inc.
IT Services • 10K+ employees

$53K - $108K/yr

Part-time

Medical, Life, Retirement, PTO

Posted 4 days ago


Booz Allen Hamilton rating

8.9

Company rating: 8.9 out of 10

Based on 49 frontline employees who took The Breakroom Quiz


Job description

Enterprise Cybersecurity Data Loss Prevention Intern
The Opportunity:
As an Enterprise Cybersecurity Data Loss Prevention (DLP) Analyst Intern, you will support cybersecurity and information protection programs by monitoring data transfers, investigating potential data loss events, assisting with incident response, and helping develop and improve data protection processes. You will gain hands-on experience in cybersecurity operations, data governance, security technologies, incident response, and regulatory compliance. Due to the nature of work performed within this facility, U.S. citizenship is required.
How You'll Contribute:
  • Monitor and analyze data transfers across email, removable media, web services, cloud storage, network services, and printers.
  • Investigate DLP alerts and potential incidents involving data exfiltration, inadvertent exposures, or policy violations.
  • Support incident response by collecting and analyzing computer evidence and network artifacts, assisting with issue resolution and risk communication, and maintaining accurate documentation.
  • Assist with developing, testing, tuning, and validating DLP policies, detection rules, and response procedures.
  • Identify and classify sensitive information, including personally identifiable information, financial data, intellectual property, third-party proprietary data, entrusted information, Booz Allen internal information, and Booz Allen restricted information.
  • Collaborate with IT, Legal, Governance, Privacy, and business teams to remediate incidents and strengthen data protection processes.
  • Stay informed about cybersecurity threats, data protection standards, and industry developments relevant to DLP operations.

Join us. The world can't wait.
You Have:
  • Knowledge of foundational cybersecurity concepts, including access control, incident response, data classification, and information security
  • Ability to analyze, investigate, and think critically
  • Ability to handle sensitive information responsibly
  • Ability to clearly document technical findings and work effectively independently and collaboratively
  • Scheduled to obtain a Bachelor's degree in Cybersecurity, Information Technology, Computer Science, or Information Systems by December 2028

Nice If You Have:
  • Knowledge of DLP tools such as Microsoft Purview, Trellix, or similar platforms
  • Knowledge of cloud security and data protection in AWS, Azure, or Google Cloud Platform
  • Knowledge of privacy, data protection, and information security frameworks or regulations, such as NIST, ISO 27001, GDPR, or HIPAA
  • Possession of excellent written and verbal communication skills
  • Possession of strong attention to detail skills

Compensation
At Booz Allen, we celebrate your contributions, provide you with opportunities and choices, and support your total well-being. Our offerings include health, life, disability, financial, and retirement benefits, as well as paid leave, professional development, tuition assistance, work-life programs, and dependent care. Our recognition awards program acknowledges employees for exceptional performance and superior demonstration of our values. Full-time and part-time employees working at least 20 hours a week on a regular basis are eligible to participate in Booz Allen's benefit programs. Individuals that do not meet the threshold are only eligible for select offerings, not inclusive of health benefits. We encourage you to learn more about our total benefits by visiting the Resource page on our Careers site and reviewing Our Employee Benefits page.
Salary at Booz Allen is determined by various factors, including but not limited to location, the individual's particular combination of education, knowledge, skills, competencies, and experience, as well as contract-specific affordability and organizational requirements. The projected compensation range for this position is $53,000.00 to $108,000.00 (annualized USD). The estimate displayed represents the typical salary range for this position and is just one component of Booz Allen's total compensation package for employees. This posting will close within 90 days from the Posting Date.
Identity Statement
As part of the hiring process, we will ask you to complete an identity verification process that leverages advanced biometrics and artificial intelligence to ensure authenticity and protect against identity fraud. You are expected to be on camera during interviews and assessments. We reserve the right to take your picture to verify your identity and prevent fraud.
Candidate AI Usage Policy
AI is a part of our daily work at Booz Allen, and we are committed to the responsible and ethical use of AI tools. However, we want to ensure a fair candidate process based on your own skills and knowledge. As part of this commitment, the use of artificial intelligence (AI) or other tools to assist with responses during interviews (whether in-person or virtual) is prohibited unless permission is explicitly provided.
Work Model
Our people-first culture prioritizes the benefits of collaboration, whether it occurs in person or virtually. To support engagement and effective communication, employees working virtually are generally expected to have their cameras on during meetings.
  • Remote: If this position is listed as remote, there may still be occasions when you are required to work in person at a Booz Allen or customer facility.
  • Hybrid: If this position is listed as hybrid, you will be expected to work from a Booz Allen facility frequently, in alignment with leadership expectations and the needs of the role. You may also be required to work from or visit a customer facility.
  • Onsite: If this position is listed as onsite, work will primarily be performed at a Booz Allen office or customer facility, where employees will collaborate directly with colleagues and customers as required by the role.

Commitment to Non-Discrimination
All qualified applicants will receive consideration for employment without regard to disability, status as a protected veteran or any other status protected by applicable federal, state, local, or international law.

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About Booz Allen Hamilton

Sourced by ZipRecruiter

Booz Allen Hamilton is a leading provider of management and technology consulting services to the US government in defense, intelligence, and civil markets. Headquartered in McLean, Virginia, the firm also serves major corporations, institutions, and not-for-profit organizations. Founded in 1914 by Edwin G. Booz, the company has a long-standing tradition of helping clients achieve success by delivering a wide range of consulting services that include strategic planning, human capital and learning, communication, systems development, and others. The company's mission is to empower people to change the world, and it has a reputation for maintaining the highest standards of integrity and-excellence.

Industry

It services

Company size

10,000+ Employees

Headquarters location

McLean, VA, US

Year founded

1914