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Model Risk Intern Jobs in St Louis, MO (NOW HIRING)

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Model Risk Intern information

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$24.8K

$41.4K

$85.6K

How much do model risk intern jobs pay per year?

As of Jun 1, 2026, the average yearly pay for model risk intern in St. Louis, MO is $41,401.00, according to ZipRecruiter salary data. Most workers in this role earn between $31,600.00 and $44,700.00 per year, depending on experience, location, and employer.

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 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 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 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 cities near St. Louis, MO are hiring for Model Risk Intern jobs? Cities near St. Louis, MO with the most Model Risk Intern job openings:
Model Risk Intern jobs near you
Infographic showing various Model Risk Intern job openings in St. Louis, MO as of May 2026, with employment types broken down into 17% Internship, 66% Full Time, and 17% Temporary. Highlights an 100% In-person job distribution, with an average salary of $41,401 per year, or $19.9 per hour.

Technology Development Intern (Part-Time/Hybrid/Temporary) - Office of Technology Management

Washington University

Saint Louis, MO • On-site

$13.50 - $18/hr

Part-time

Posted 26 days ago

Job description

Scheduled Hours
30
Position Summary
The intern will work part-time, defined as no more than 30 hours per week, through the duration of the internship, which will last at least 10 weeks but no longer than 26 weeks. The intern will work part-time in the Office of Technology Management (OTM) at WashU. During this time, the intern will support the Technology Development function, which includes the WashU Gap Fund program operated by OTM and the OTM Expert-in-Residence (XiR) program. Through these activities, the intern will play an important role in the successful operation of the supported programs by completing various assigned tasks. Moreover, the intern will gain insight into the operations of a university technology transfer office and the commercialization of research discoveries and technologies developed through academic research. Additionally, the intern will develop and demonstrate transferable skills to make them more competitive in the job market.
Job Description
Primary Duties & Responsibilities:
  • Participating in office meetings, team meetings, and one-on-one meetings with supervisor.
  • Preparing, updating, and maintaining standard operating procedure (SOP) documents for the Technology Development function and associated programs.
  • Entering activity data about the Gap Fund program into the Cayuse database.
  • Entering and managing information about Gap Fund projects in the Cayuse database.
  • Screening the WashU intellectual property portfolio to identify promising candidates for Gap Fund support.
  • Preparing preliminary assessments of proposed Gap Fund projects.
  • Researching topics and collecting data necessary to evaluate proposed Gap Fund projects.
  • Reviewing pitch decks for proposed Gap Fund projects to identify and recommend opportunities to improve them.
  • Identifying and soliciting (e.g., typically via email) potential participants in ad hoc Gap Fund project evaluation panels.
  • Consolidating feedback from participants in ad hoc Gap Fund evaluation panels.
  • Preparing drafts of proposed scopes of work for Gap Fund projects.
  • Providing support and assistance to active Gap Fund projects.
  • Collecting outcomes data for completed Gap Fund projects.
  • Identifying and soliciting (e.g., typically via email) potential experts for the XiR program.
  • Engaging faculty members to encourage their participation in the XiR program.
  • Providing technical assistance to faculty to help them prepare applications and proposals for grants to further development, de-risk, and mature promising technologies to help advance them towards commercialization.
  • Participating in departmental activities and meetings, as appropriate.
  • Other duties as assigned.

Working Conditions:
Job Location/Working Conditions
  • Normal office environment

Physical Effort
  • Typically working at desk or table
  • Ability to travel to various on- and off-campus locations Physical Effort Check as many boxes as apply to describe the physical demands of the position

Equipment
  • Office equipment

The above statements are intended to describe the general nature and level of work performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all job duties performed by the personnel so classified. Management reserves the right to revise or amend duties at any time.
Required Qualifications
Education:
High school diploma or equivalent high school certification or combination of education and/or experience.
Certifications/Professional Licenses:
No specific certification/professional license is required for this position.
Work Experience:
No specific work experience is required for this position.
Skills:
Not Applicable
Driver's License:
A driver's license is not required for this position.
More About This Job
Preferred Qualifications:
Any of the following educational backgrounds would greatly enhance the capability of an intern to effectively perform the job:
  • Master's degree or higher in a STEM discipline
  • Master of Business Administration (MBA) with an undergraduate or graduate degree in a STEM discipline
  • Pursuing a graduate degree in a STEM discipline with a bachelor's degree in business management, entrepreneurship, marketing, or another relevant field
  • Majoring in an undergraduate bachelor's program in a STEM discipline with minor in business management, entrepreneurship, marketing, or another relevant field
  • Majoring in an undergraduate bachelor's program in business management, entrepreneurship, or marketing with a minor in a STEM discipline

The following knowledge, skills, and abilities are particularly desirable in a candidate:
  • Experience applying (or an understanding of) various technology commercialization related planning and analysis tools and concepts such as intellectual property, the technology readiness level (TRL) scale, business model canvas, value proposition, minimum viable product (MVP), minimum feature set (MFS), and competitive advantage
  • Basic understanding of technology transfer and commercialization
  • Understanding of project management methods
  • Understanding of product management and new product development methods
  • Skill using various Microsoft products (e.g., Word, Excel, PowerPoint)
  • Skill conducting web searches, applying artificial intelligence tools, and using other information gathering resources
  • Ability to rapidly learn new information in unfamiliar fields
  • Ability to analyze both qualitative and quantitative data
  • Ability to manage details

Preferred Qualifications
Education:
Master's degree
Certifications/Professional Licenses:
No additional certification/professional licenses unless stated elsewhere in the job posting.
Work Experience:
No additional work experience unless stated elsewhere in the job posting.
Skills:
Interpersonal Communication, Microsoft Office, Oral Communications, Organizing, Prioritization, Written Communication
Grade
G03-H
Questions
For frequently asked questions about the application process, please refer to our External Applicant FAQ.
Accommodation
If you are unable to use our online application system and would like an accommodation, please email CandidateQuestions@wustl.edu or call the dedicated accommodation inquiry number at 314-935-1149 and leave a voicemail with the nature of your request.
All qualified individuals must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.
Pre-Employment Screening
All external candidates receiving an offer for employment will be required to submit to pre-employment screening for this position. The screenings will include criminal background check and, as applicable for the position, other background checks, drug screen, an employment and education or licensure/certification verification, physical examination, certain vaccinations and/or governmental registry checks. All offers are contingent upon successful completion of required screening.
EEO Statement
Washington University in St. Louis is committed to the principles and practices of equal employment opportunity. It is the University's policy to provide equal opportunity and access to persons in all job titles without regard to race, ethnicity, color, national origin, citizenship (where prohibited by federal law), age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information.

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