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Quantitative Risk Analyst Intern Jobs in Indiana

Project Scheduler

Wheatfield, IN · On-site

$104K - $145K/yr

Utilize quantitative risk management tools (Sensitivity Analysis, EMV) to predict project cost/schedule performance. Identify opportunities for "predictive" (opportunity) actions rather than just ...

Lead Estimator

Indianapolis, IN · On-site

$160K - $210K/yr

Proficient in quantitative risk analysis techniques. * Familiarity with stage-gated project execution processes. * Strong knowledge of Engineering, Procurement, and Construction (EPC) scopes from ...

Revenue Management Analyst

Carmel, IN · On-site +1

$75K - $85K/yr

Smart Risk-Taking. We transform risk into progress through data, experience, and intuition ... Quantitative Degree (Finance, etc.) required * 2-5 years of experience as a data analyst ...

Revenue Management Analyst

Carmel, IN · On-site

$75K - $85K/yr

Smart Risk-Taking. We transform risk into progress through data, experience, and intuition ... Quantitative Degree (Finance, etc.) required * 2-5 years of experience as a data analyst ...

Enterprise Intern

Fremont, IN · Hybrid

$15.75 - $20.50/hr

... Data Analytics, or a related field. * Strong attention to detail and organizational skills ... risk. Our HCM platform, isolved People Cloud, seamlessly connects and manages the employee journey ...

Showing results 41-60

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 Indiana?

The most popular types of Quantitative Risk Analyst jobs in Indiana are:

What are popular job titles related to Quantitative Risk Analyst Intern jobs in Indiana?

For Quantitative Risk Analyst Intern jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Quantitative Risk Analyst Intern jobs in Indiana look for?

The top searched job categories for Quantitative Risk Analyst Intern jobs in Indiana are:

What cities in Indiana are hiring for Quantitative Risk Analyst Intern jobs?

Cities in Indiana with the most Quantitative Risk Analyst Intern job openings:

Infographic showing various Quantitative Risk Analyst Intern job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution.

International Senior Credit Risk Specialist I, South Bend, IN (On-Site)

1st Source Bank

South Bend, IN

Full-time

Re-posted 21 days ago


1st Source Bank rating

8.8

Company rating: 8.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

16th of 171 rated banks


Job description

POSITION SUMMARY
Responsible for performing advanced and specialized credit analysis of domestic and international loan transactions for current and prospective customers. This role requires the application of theoretical and practical knowledge in finance, accounting, and international credit risk analysis to evaluate financial condition, repayment capacity, and overall creditworthiness.
 
The position focuses on cross-border lending and international customer portfolios, including the analysis of foreign financial statements, economic conditions, and country-specific risks. Exercises independent judgment and discretion in evaluating complex financial information and recommending credit decisions.
 
ESSENTIAL REQUIREMENTS
  • Performs in-depth analysis of complex commercial and international credit transactions, including new loan requests, renewals, and modifications.
  • Analyzes financial statements (domestic and foreign), including balance sheets, income statements, and cash flow statements prepared under varying accounting standards.
  • Evaluates credit risk associated with international customers, including foreign exchange exposure, sovereign/country risk, political and economic conditions, and cross-border legal considerations.
  • Conducts quantitative financial modeling and ratio analysis to assess repayment capacity and financial stability.
  • Reviews and interprets credit reports, third-party financial data, and industry research to support credit recommendations.
  • Assesses adequacy and valuation of collateral, including assets located in foreign jurisdictions.
  • Prepares comprehensive written credit analyses and recommendations for approval, demonstrating clear rationale and risk assessment.
  • Communicates credit decisions and findings effectively to internal stakeholders, including sales teams and senior management.
  • Maintains and performs periodic reviews of existing credit relationships, identifying changes in risk profile.
  • Conducts industry and regional research, particularly for international markets in which customers operate.
  • Collaborates with Senior Credit Analysts and management on complex or high-risk credit relationships.
  • Ensures compliance with all applicable banking regulations, credit policies, and risk management standards.
  • Regular and predictable attendance is an essential function of the position.
  • Complete all required compliance and regulatory training.
 
NON-ESSENTIAL FUNCTIONS
Performs all other duties as assigned.
 
EXPERIENCE/SKILLS
  • Minimum of five (5) years of experience in commercial credit analysis, financial analysis, banking, or a related field, preferably including exposure to international credit or cross-border transactions.
  • Demonstrated ability to apply advanced financial and accounting principles to analyze complex financial statements and credit structures.
  • Knowledge of international financial reporting considerations, foreign exchange risk, and global economic factors impacting credit risk.
  • Strong proficiency in financial modeling, ratio analysis, and risk assessment techniques.
  • Ability to exercise independent judgment and discretion in evaluating creditworthiness and making recommendations.
  • Strong analytical, problem-solving, and organizational skills with a high degree of accuracy and attention to detail.
  • Proficiency in Microsoft Excel and Word, including advanced data analysis capabilities.
  • Excellent written and verbal communication skills, including the ability to present complex financial information clearly and concisely.

EDUCATION
Bachelor’s Degree in Accounting, Finance, Business Administration, or a closely related field with a concentration in finance or financial analysis is required.
 
LANGUAGE REQUIREMENTS
Portuguese language proficiency is required to effectively analyze financial documents, communicate with clients, and evaluate credit risk for Portuguese-speaking international customers and markets.
 
Spanish language proficiency is preferred to support additional international customer relationships.
 
TRAVEL REQUIREMENTS
Ability to travel to various locations, including occasional overnight travel, as needed for meetings, customer visits, and business-related activities.
 
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.
 
While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.

EQUIPMENT
Standard office equipment including PC, phone, and Microsoft Office applications.

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