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Quantitative Risk Analyst Intern Jobs in Detroit, MI

Risk Manager I (US)

Southfield, MI · On-site

$91K - $136K/yr

  • Medical

  • Retirement

  • PTO

This job provides critical information, interpretative, and detailed analysis, and deploys critical ... Creates reports on the results of implemented strategies, using all appropriate quantitative ...

Risk Manager I (US)

Southfield, MI · On-site

$91K - $136K/yr

  • Medical

  • Retirement

  • PTO

This job provides critical information, interpretative, and detailed analysis, and deploys critical ... Creates reports on the results of implemented strategies, using all appropriate quantitative ...

Business Program Manager

Detroit, MI · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

Experience in developing and implementing enterprise-wide risk management frameworks, performing quantitative risk analysis, and facilitating risk mitigation strategies across multiple projects You ...

New

Business Program Manager

Detroit, MI · On-site

$115K - $218K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

Experience in developing and implementing enterprise-wide risk management frameworks, performing quantitative risk analysis, and facilitating risk mitigation strategies across multiple projects You ...

New

Sales Intern

Northville, MI · On-site

$14 - $19/hr

Analyze data to identify inefficiencies, delays, inconsistencies, risks, and improvement ... Improve pricing, profitability, and commercial-risk visibility. Strengthen the tracking of customer ...

Purchasing (Intern)

Troy, MI · On-site

$17 - $22.75/hr

You will assist with monthly reporting, performing ad hoc analysis, and supporting Purchasing Tools ... Implementation of Purchasing Tools (VPSP, NBOH, Material Segmentation, Supplier Risk Assessment ...

Sales Intern

Northville, MI · On-site

$14 - $19/hr

Analyze data to identify inefficiencies, delays, inconsistencies, risks, and improvement ... Improve pricing, profitability, and commercial-risk visibility. Strengthen the tracking of customer ...

Develop independent or program life cycle cost estimates and accompanying risk, uncertainty and ... Minimum Qualifications * Bachelor's degree in a quantitative discipline (e.g., engineering ...

Develop independent or program life cycle cost estimates and accompanying risk, uncertainty and ... Minimum Qualifications * Bachelor's degree in a quantitative discipline (e.g., engineering ...

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Showing results 1-20

Quantitative Risk Analyst Intern information

See Detroit, MI salary details

$64.3K

$107.2K

$144K

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

As of Aug 17, 2026, the average yearly pay for quantitative risk analyst intern in Detroit, MI is $107,246.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,200.00 and $129,700.00 per year, depending on experience, location, and employer.

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 Detroit, MI?

The most popular types of Quantitative Risk Analyst jobs in Detroit, MI are:

What are popular job titles related to Quantitative Risk Analyst Intern jobs in Detroit, MI?

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

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

The top searched job categories for Quantitative Risk Analyst Intern jobs in Detroit, MI are:

What cities near Detroit, MI are hiring for Quantitative Risk Analyst Intern jobs?

Cities near Detroit, MI with the most Quantitative Risk Analyst Intern job openings:

Infographic showing various Quantitative Risk Analyst Intern job openings in Detroit, MI as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 9% Part Time, 2% Contract, and 1% Nights. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $107,246 per year, or $51.6 per hour.

Quantitative Valuation Analyst

Rocket Mortgage, LLC

Detroit, MI • On-site

Full-time

Posted 10 days ago


Rocket Mortgage rating

8.4

Company rating: 8.4 out of 10

Based on 59 frontline employees who took The Breakroom Quiz

31st of 150 rated financial services


Job description

As the Quantitative Valuation Analyst, you analyze business information and trends to inform or make strategic and/or trading decisions. You support efforts to improve pricing and valuation strategies related to the MSR asset.
About the role
  • Develop and maintain quantitative/analytic models or tools that estimate the changes in value of various mortgage assets
  • Design and implement improvements to current reporting and/or database structures
  • Analyze and summarize data, identify trends and concerns and recommend actions as necessary
  • Create and publish daily team reports based on findings
  • Develop and review assumptions used in MSR cash flow valuation
  • Analyze daily MSR risk and P&L reports to ensure MSR hedges are performing as expected

About you
Minimum Qualifications
  • 2 years of experience in trading, reporting or financial analysis
  • Bachelor's degree in finance, math, computer science, a related field or equivalent experience
  • Advanced experience with Microsoft Excel, including but not limited to, ability to utilize formulas, pivot tables, graphs and charts
  • Knowledge of mortgage process and mortgage capital markets activities
  • Advanced knowledge of mortgage cash flow modeling concepts

Preferred Qualifications
  • Advanced experience with financial analysis and reporting
  • Advanced knowledge of Excel Modeling
  • Proficiency with SQL
  • Knowledge of MSR valuation concepts, including prepayments and defaults

What you'll get
Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We've got your back. Check out our full list of Benefits and Perks.
About us
Rocket Mortgage® was founded in 1985. Today, we're a Detroit-based, publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage, we believe that home is more than the house you live in. Our wide variety of home loan options, tools and resources empower our clients to achieve their homeownership dreams. We're known as experts in the mortgage industry, but we're also innovators - we strive to create the best experiences for our clients from beginning to end. And we're not your typical employer. We're insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.
This job description is an outline of the primary responsibilities of this position and may be modified at the discretion of the company at any time. Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. The company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws. Applicants requiring reasonable accommodations in completing the application and/or participating in the application process should contact a member of the Human Resources team, at Careers@Rocket.com.

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