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Quantitative Risk Analyst Intern Jobs in Chicago, IL

The team this intern will report to is a group of "team first" problem solvers responsible for ... Supply Chain Risk Management * Support Global Supply Chain Risk Assessment efforts by mapping ...

Investments Risk, Principal

Chicago, IL · On-site

$175K - $215K/yr

Build and maintain quantitative risk models and analytics used to evaluate hedge fund investments - including factor and alpha decomposition, stress testing, and scenario analysis - working with ...

As a Venture Capital Analyst Intern, you will collaborate with the investment team to research key ... Underwrite and evaluate investments based on risk and return fundamentals * Assist with deal ...

... quantitative analyses into liquidity risks emerging across the Robinhood ecosystem Enhance and ... risk models and forecasting frameworks to support proactive risk management Partner with Data ...

As a Venture Capital Analyst Intern, you will collaborate with the investment team to research key ... Underwrite and evaluate investments based on risk and return fundamentals * Assist with deal ...

Conduct deep‑drop quantitative analyses into liquidity risks emerging across the Robinhood ecosystem * Enhance and maintain liquidity risk models and forecasting frameworks to support proactive ...

... quantitative analyses into liquidity risks emerging across the Robinhood ecosystem Enhance and ... risk models and forecasting frameworks to support proactive risk management Partner with Data ...

DV is looking for a Junior Quantitative Trader to join our trading desk, where you will support live trading operations through quantitative analysis, execution support, and risk monitoring. This is ...

New

What You'll Do * Lead risk monitoring activities for complex and elevated-risk member firms ... Intermediate-to-advanced quantitative and analytical problem-solving skills, including the ability ...

The individual will partner closely with model owners, Model Risk Management, internal and external ... Experience working with quantitative models, analytics, or monitoring frameworks in a regulated ...

Showing results 41-60

Quantitative Risk Analyst Intern information

See Chicago, IL salary details

$67K

$111.6K

$149.9K

How much do quantitative risk analyst intern jobs pay per year?

As of Aug 22, 2026, the average yearly pay for quantitative risk analyst intern in Chicago, IL is $111,599.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,400.00 and $134,900.00 per year, depending on experience, location, and employer.

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 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 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 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 are the most commonly searched types of Quantitative Risk Analyst jobs in Chicago, IL?

The most popular types of Quantitative Risk Analyst jobs in Chicago, IL are:

What are popular job titles related to Quantitative Risk Analyst Intern jobs in Chicago, IL?

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

What job categories do people searching Quantitative Risk Analyst Intern jobs in Chicago, IL look for?

The top searched job categories for Quantitative Risk Analyst Intern jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Quantitative Risk Analyst Intern jobs?

Cities near Chicago, IL with the most Quantitative Risk Analyst Intern job openings:

Infographic showing various Quantitative Risk Analyst Intern job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 9% Part Time, and 3% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $111,599 per year, or $53.7 per hour.

Procurement Analyst Intern

tms

Chicago, IL • On-site

$20/hr

Internship

Re-posted 22 days ago


Job description

ABOUT US

tms unites technology, marketing, and sourcing to drive transformational change for the world's leading brands. With more than 1,400 employees across 28 countries., we offer an impressive range of solutions - from inspiration and innovation to category management and delivery. 

Operating as a creative agency, a strategic consultancy, a sourcing business, and a technology provider, we engage with over 110 million customers every single day for our clients, including McDonald's, T-Mobile, O2, Starbucks, and adidas.

Most importantly, we're a place where you can achieve great things, and be recognized as the best.

WHAT MATTERS THE MOST

Breakthrough, business-driving ideas come from extraordinary people with the freedom to be their most authentic selves at work. Authenticity and diversity are critical elements of our business. They can only be realized when we create access and equity for all. We foster a culture of inclusion and belonging and aspire to be ever-evolving.

tms is a place where brilliant people are better together. If you want your ideas to be heard and to contribute to a culture of inclusion and authenticity, bring us your voice! Visit us at tmsw.com. 

 

WHY WE THINK YOU WILL LOVE THIS ROLE 

The world's most respected brands rely on tms's Supply Chain expertise, Procurement problem solving, supply chain analytics, and promotions management know-how, to deliver a competitive advantage for their business. Joining tms means becoming part of a dynamic team, developing innovative solutions, and delivering value to our clients across 22 countries. We know our success is derived from our people, and, as such, we continuously evolve our people practices ensuring personal and professional enrichment, while fostering a work environment that is fun, collaborative, and diverse in thought.

tms is seeking an intern to support the North America Procurement team from our headquarters located in downtown Chicago's Fulton Market.  The team this intern will report to is a group of "team first" problem solvers responsible for Strategic Sourcing and Supply Chain Operations in packaging for the Quick Service and Causal Dining Restaurant Industry. Be ready to support our fast-paced business, while working both independently and as part of cross-functional teams including Supply Chain Analytics, Strategic Sourcing, Sourcing Operations, Quality, Graphics & Sustainability.

SKILLS AND EXPERIENCE WE WOULD LIKE YOU TO HAVE 

Reporting & Analytics

  • Support with monthly Capacity & Contingency Planning reporting across Excel and PowerPoint.
  • Provide weekly recap summaries from HAVI promotional category meetings.
  • Support with areas of Supply Chain opportunities to be supported by A.I. efficiencies

Contingency & Capacity Planning

  • Support identification, onboarding, and documentation of contingency/backup suppliers.
  • Maintain a "ready-to-activate" supplier list (capacity, lead times, MOQs, certifications, etc.).
  • Keep contingency supplier data current to enable rapid pivoting during disruptions.

Supplier & Master Data Management

  • Maintain supplier master data: contacts, locations, certifications, lead times, capacities.
  • Identify and flag missing, outdated, or inconsistent supplier data.
  • Create and maintain a master matrix of various contract types includes Non-disclosure Agreements, Business Relationship Agreements, and Business Awards

 

 EDI & PO Compliance

  • Monitor weekly supplier EDI submissions on core items and escalate recurring noncompliance and identify recurring issues to summarize trends for internal reviews.
  • Coordinate with Sourcing Operations regarding supplier noncompliance.

Internal Coordination & Project Support

  • Support category leads in updating Category Overview OnePagers for 1H 2026, incorporating latest S2C-driven changes (suppliers, tiers, market share, cost index, capacity, etc.).

Supply Chain Risk Management

  • Support Global Supply Chain Risk Assessment efforts by mapping suppliers, mills, and raw material flows.
  • Help evaluate system impact from potential supplier or mill disruptions.
  • Identify opportunities to leverage mills or suppliers for new sourcing strategies.

 

Would like for you to have: 

  • Pursuing a bachelor's degree in Supply Chain or Business relevant field
  • Prefer a minimum GPA of 3.0
  • Demonstrated time management skills through course work and extracurricular activities
  • MS Office proficiency (Excel, Word, PowerPoint, Outlook)
  • Excellent written and verbal communication
  • Collaborative/teamwork oriented

 

Starting hourly between: $20/hr

EQUAL OPPORTUNITY EMPLOYER

We are an equal opportunity employer, and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

RECRUITING AGENCIES

tms does not accept agency resumes submitted by third-party vendors unless a valid agreement has been signed and the tms Talent Acquisition Team has granted authorization for submissions for a specified position. Please do not submit or forward resumes to our site, tms employees, or any other company location. tms is not responsible for any fees related to unsolicited resumes.