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Quantitative Risk Analyst Intern Jobs in Alabama

ESSENTIAL FUNCTIONS Performs qualitative and quantitative analyses with concentration in Budget/Risk Analysis, management of cost, schedule, and performance metrics, report generation, interpretation ...

... advanced quantitative statistical modeling skills (Regression, Time Series, Survival Analysis ... risk or stress testing. * Working knowledge of Python, R, SAS, and SQL. * Knowledge of Git-based ...

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Quantitative Risk Analyst Intern information

What are the key skills and qualifications needed to thrive as a Quantitative Risk Analyst Intern, and why are they important?

To thrive as a Quantitative Risk Analyst Intern, you need a solid background in mathematics, statistics, and finance, often supported by progress toward a relevant degree such as finance, economics, or applied mathematics. Familiarity with programming languages like Python or R, statistical analysis tools, and risk management platforms such as SAS or MATLAB is typically expected. Strong analytical thinking, attention to detail, and effective communication skills help interns interpret complex data and present findings clearly. These skills are crucial for accurately assessing risks, supporting data-driven decision-making, and contributing to effective risk management strategies.

What does a Quantitative Risk Analyst Intern do?

A Quantitative Risk Analyst Intern supports the risk management team by analyzing financial data, building statistical models, and assessing potential risks that could impact an organization. They use mathematical and statistical techniques to identify, measure, and monitor risks associated with investments, market movements, or operational activities. Interns often help with data collection, programming (using tools like Python, R, or Excel), and preparing reports for senior analysts. This role provides valuable hands-on experience in applying quantitative methods to real-world financial risk scenarios.

What is the difference between Quantitative Risk Analyst Intern vs Quantitative Risk Analyst?

AspectQuantitative Risk Analyst InternQuantitative Risk Analyst
Required credentialsTypically pursuing or recent graduate with a degree in finance, economics, or related fieldBachelor's or master's degree in a relevant field, often with some professional experience
Work environmentInternship setting, often part-time or summer program within financial institutionsFull-time role within banks, investment firms, or insurance companies
Employer and industry usageUsed in internship programs across finance and risk management firmsStandard position in risk management departments of financial services

The main difference between a Quantitative Risk Analyst Intern and a Quantitative Risk Analyst is experience level and responsibility. Interns are typically students gaining exposure, while analysts are full-time professionals responsible for assessing and managing risk strategies.

What types of projects and responsibilities can a Quantitative Risk Analyst Intern expect during their internship?

As a Quantitative Risk Analyst Intern, you can expect to work on projects involving data analysis, risk modeling, and validation of existing financial models. You may assist in stress testing portfolios, researching risk factors, and automating data processes under the guidance of senior analysts. Interns typically collaborate closely with risk management, trading, and IT teams, gaining hands-on experience with industry-standard tools and methodologies. This role offers an excellent opportunity to develop technical skills and an understanding of how risk is measured and managed in financial institutions.
What are the most commonly searched types of Quantitative Risk Analyst jobs in Alabama? The most popular types of Quantitative Risk Analyst jobs in Alabama are:
What are popular job titles related to Quantitative Risk Analyst Intern jobs in Alabama? For Quantitative Risk Analyst Intern jobs in Alabama, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Analyst Intern jobs in Alabama look for? The top searched job categories for Quantitative Risk Analyst Intern jobs in Alabama are:
What cities in Alabama are hiring for Quantitative Risk Analyst Intern jobs? Cities in Alabama with the most Quantitative Risk Analyst Intern job openings:
Infographic showing various Quantitative Risk Analyst Intern job openings in Alabama as of July 2026, with employment types broken down into 87% Full Time, 8% Part Time, 1% Temporary, and 4% Contract. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution.
LSF Program Analyst II

LSF Program Analyst II

Yulista

Huntsville, AL • On-site

Full-time

Posted 27 days ago


Yulista rating

7.9

Company rating: 7.9 out of 10

Based on 15 frontline employees who took The Breakroom Quiz

39th of 63 rated aerospace companies


Job description

Yulista Support Services LLCRegular

PRIMARY FUNCTION
The Program Analyst will provide support to the Program/Project Managers and Staff.

ESSENTIAL FUNCTIONS
Performs qualitative and quantitative analyses with concentration in Budget/Risk Analysis, management of cost, schedule, and performance metrics, report generation, interpretation and execution of milestone requirements, deliverables, and risk-identification and management techniques at both the project and program level
Plan, establish, and review contracts, programs, policies and procedures. Research and resolve contract issues
Performs analyses and provides recommendations on matters related to contract performance.
May be required to update and monitor overhead budgets
Collects, analyzes and reports data
Makes recommendations based upon quantitative and qualitative analyses
Performs research tasks to obtain various types of data which is analyzed to derive relationships involving system parameters, schedules, and cost variations.
Develops or compiles project status reports, coordinates project schedules, as well as identifies and resolves project problems.
Exhibit a thorough understanding of DoD FAR and DFARS
Coordinates project activities and ensures all project phases are documented appropriately
Assists with developing price quotes of projects
Writes proposals and forwards to Program Manager for final approval before processing
Develops and processes Contract Data Requirements list (CDRL) items for customer delivery
A degree of creativity and latitude is required with general supervision

SUPERVISORY RESPONSIBILITIES
This position does not have supervisory responsibilities. This position has the responsibility and authority to carry out assigned tasks.

KNOWLEDGE, SKILLS, & ABILITIES:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

QUALIFICATIONS:

Must have Bachelor Degree with 0-2 years of task related experience in Defense Program Analysis or Master's Degree with no experience. Desired Degree in Business, Management, Engineering, or Science
Experience with military standards and specifications preferred
Previous technical writing and proposal writing experience
Proficient in the MS Office Suite, Microsoft Project, Excel, Access, Outlook, and Word
Must be able to obtain and maintain Government Security Clearance

PREFERENCE STATEMENT
Preference will be given to Calista shareholders and their descendants and to spouses of Calista shareholders, and to shareholders of other corporations created pursuant to the Alaska Native Claims Settlement Act, in accordance with Title 43 U.S. Code 1626(g).

EEO STATEMENT
Additionally, it is our policy to select, place, train and promote the most qualified individuals based upon relevant factors such as work quality, attitude and experience, so as to provide equal employment opportunity for all employees in compliance with applicable local, state and federal laws and without regard to non-work related factors such as race, color, religion/creed, sex, national origin, age, disability, marital status, veteran status, pregnancy, sexual orientation, gender identity, citizenship, genetic information, or other protected status. When applicable, our policy of non-discrimination applies to all terms and conditions of employment, including but not limited to, recruiting, hiring, training, transfer, promotion, placement, layoff, compensation, termination, reduction in force and benefits.
REASONABLE ACCOMMODATION
It is Calista and Subsidiaries' business philosophy and practice to provide reasonable accommodations, according to applicable state and federal laws, to all qualified individuals with physical or mental disabilities.
The statements contained in this job description are intended to describe the general content and requirements for performance of this job. It is not intended to be an exhaustive list of all job duties, responsibilities, and requirements.
This job description is not an employment agreement or contract. Management has the exclusive right to alter the scope of work within the framework of this job description at any time without prior notice.


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