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Model Risk Intern Jobs in New York, NY (NOW HIRING)

Blockchain Security Expert Intern - AI Track

New York, NY · On-site +1

$6.0K - $8.0K/mo

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Experiment with novel AI techniques to enhance threat detection and risk assessment in blockchain ... models. * Proficiency in Python and experience with deep learning frameworks (e.g., PyTorch or ...

Human Resources Intern

New York, NY · On-site

$16.50 - $22/hr

... models, or strategy • One Company, One Goal Working towards unified mission, we are all Sinclair ... Oversee control and follow-up of coordination activities related to occupational risk prevention.

Showing results 41-60

Model Risk Intern information

See New York, NY salary details

$27.9K

$46.6K

$96.3K

How much do model risk intern jobs pay per year?

As of Aug 17, 2026, the average yearly pay for model risk intern in New York, NY is $46,588.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,600.00 and $50,300.00 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 New York, NY?

The most popular types of Model Risk jobs in New York, NY are:

What cities near New York, NY are hiring for Model Risk Intern jobs?

Cities near New York, NY with the most Model Risk Intern job openings:

Infographic showing various Model Risk Intern job openings in New York, NY as of June 2026, with employment types broken down into 33% Internship, 34% Full Time, and 33% Temporary. Highlights an 100% In-person job distribution, with an average salary of $46,588 per year, or $22.4 per hour.

Early Career Intern - Investments (IFI Emerging Markets)

Invesco

New York, NY

$40/hr

Full-time

Retirement

Posted 5 days ago


Invesco rating

9.7

Company rating: 9.7 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

About Invesco

As one of the world's leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

What's in it for you?

Our people are at the very core of our success. Invesco employees get more out of life through our benefit and perk offerings including:

  • Company networking events with other interns

  • Peer Sponsor Program

  • Leadership Connection series

  • Virtual Lunch and Learns

  • Invesco Cares volunteer events

  • Complimentary coffee and snacks

  • 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution

Job Description

IFI Emerging MarketsSummerInternship - Early CareersOverview

Ready to make your mark in the world of investments? Spend an unforgettable summer at Invesco alongside a select group of driven students. Our 9-week Summer Internship Program kicks off in June 2027 and offers you the chance to dive into the fast-paced world of investments, learn from industry pros, and build connections that will last a lifetime.

Inthis internship,you'llget hands-on experience, one-on-one mentorship, and the inside scoop on whatit'sreally like to work at a global investment firm.As part of aSummer InternshipProgramcohort, you will have a variety of initiatives to keep you engaged throughout the summer includingorientation, networking events, development workshops, and volunteer activities.You'llwork side-by-side with talented teamsto learn about the business.

Here'sthe best part: crush your internship, and you couldbe eligible fora full-time offer to join our Early Career Program after graduation!

Whatyou willdo

  • Attend Emerging Market fixed income team meetings, complete assigned projects within established timelines, and present findings to management

  • Support the team in researching EM countries, financial statements, and market data

  • Join regular EM team meetings to understand our top-down macro investment process and performance metrics. Includesportfolio manager,client portfolio manager,risk, andresearch teams

  • Prepare presentations,summaries, and other materials for internal and external stakeholders

  • Seekfeedback and guidance from mentors and team members to support learning and growth

  • Participatein training sessions and networking opportunities to further develop your technical and professional skills

Whatyou will get

  • A Launchpad for Your Career- Getready to build real skills and set yourself up for a future at Invesco (and beyond).

  • Your Own Mentor-You'llbepairedwith a mentorwho'sgot your back, answers your questions, and helps you navigate your summer.

  • Intern Community- Join a crew of fellow interns to collaborate, share ideas, andget to know-both in and out of the office.

  • Pathway to Future Opportunities- Nailyour internship, and you couldbe eligible fora full-time offer to join our Early Career Program after graduation!

  • Real Experience, Real Impact- Work on meaningful projects, learn fromour team, and see whatit'slike toworkat a global investment firm.

Minimum Qualifications

  • Currentlyenrolled in a bachelor's degree program andbea rising Juniorgraduatingby summer of 2028

  • MinimumGPA of 3.2 on a 4.0 scale

  • All majorsarewelcomed with an emphasison Finance, Accounting, Mathematics,Stats, Economics,Computer Science, Engineering, Data Analytics,or Business-related field

  • A demonstrated interest in investments

  • Mustbe able to work in Invesco's New York office

  • Mustbe authorized towork in the U.S. on a permanent basis. We do not offer any type of employment-based immigration sponsorship for this program. Invesco will not provide anyassistanceor sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).

  • Relocation and housing will not be included if an offer is extended. This position will be based in New York.

Preferred Qualifications

  • Experience with creative problem solving and analytical thinking

  • Experience with prioritizing work and meeting deadlines in a fast-paced work environment

  • Prior internship in investment management is preferred but notrequired

  • Experience gathering and interpreting market data

  • IntermediateproficiencywithPython,SQL,PowerBI, BloombergTerminal,RStudioorExcelpreferred

Compensation for this position is $40/hr.

Full Time / Part TimeFull timeWorker TypeStudent/Intern (Fixed Term)Job Exempt (Yes / No)NoWorkplace Model

Pursuant to Invesco's Workplace Policy, employees are expected to comply with the firm's most current workplace model, which as of October 1, 2025, includes spending at least four full days each week working in an Invesco office. This reflects our belief that spending time together in the office helps us build stronger relationships, collaborate more easily, and support each other's growth and development.

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.


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