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Quantitative Risk Analyst Intern Jobs in Fair Oaks, CA

Facilitate and support regular qualitative and quantitative risk assessments, including Quantitative Risk Analysis (QRA) sessions * Maintain risk logs and associated documentation in compliance with ...

Collect and validate cost and risk data from contractors, designers, and program teams to support qualitative and quantitative risk analysis. * Analyze cost drivers, escalation trends, and market ...

Develop and maintain risk reporting tools for cost and schedule risk analysis * Manage the client ... and quantitative risk assessments * Support project teams in implementing risk management ...

Risk Specialist

Sacramento, CA ยท On-site

$75K - $105K/yr

Develop and maintain risk reporting tools for cost and schedule risk analysis * Manage the client ... and quantitative risk assessments * Support project teams in implementing risk management ...

Develop and maintain risk reporting tools for cost and schedule risk analysis * Manage the client ... and quantitative risk assessments * Support project teams in implementing risk management ...

Risk Cost Analyst

Sacramento, CA ยท Hybrid

$70K - $110K/yr

Perform preliminary analyses using established qualitative and quantitative methods, including cost modeling and scenario analysis * Assist in integrating risk findings into cost estimates, forecasts ...

Risk Cost Analyst

Sacramento, CA ยท Hybrid

$70K - $110K/yr

Perform preliminary analyses using established qualitative and quantitative methods, including cost modeling and scenario analysis * Assist in integrating risk findings into cost estimates, forecasts ...

Risk Cost Analyst

Sacramento, CA ยท On-site

$70K - $110K/yr

Perform preliminary analyses using established qualitative and quantitative methods, including cost modeling and scenario analysis * Assist in integrating risk findings into cost estimates, forecasts ...

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Quantitative Risk Analyst Intern information

See Fair Oaks, CA salary details

$66.3K

$110.6K

$148.5K

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

As of Sep 1, 2026, the average yearly pay for quantitative risk analyst intern in Fair Oaks, CA is $110,558.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,600.00 and $133,700.00 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 cities near Fair Oaks, CA are hiring for Quantitative Risk Analyst Intern jobs?

Cities near Fair Oaks, CA with the most Quantitative Risk Analyst Intern job openings:

Risk Manager

Sacramento, CA โ€ข On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 17 days ago


Job description

Benefits:
  • 401(k)
  • Dental insurance
  • Health insurance
  • Paid time off
  • Profit sharing
  • Vision insurance

Location: Sacramento, CA (On-site)
Estimated Salary Range: $110,000-$165,000 (commensurate with experience)
Employment Time: Full-Time

Position Summary
 
Jaquith Consulting Group, Inc. (JCG) is seeking an experienced Risk Manager to support the implementation and monitoring of risk management processes across the California High-Speed Rail project.  
Reporting to the Program Risk Director, the Risk Manager plays a key role in coordinating risk activities, maintaining risk registers, and supporting project teams in the application of consistent and effective risk management practices. The role helps ensure that risk-related information is current, accurate, and aligned with program objectives. 
Key Responsibilities 
  • Support the implementation of program-wide risk management strategies as directed by the Program Risk Director 
  • Coordinate and maintain the integrated risk registers across assigned projects, ensuring alignment with the overall program risk profile 
  • Assist project teams in the identification, assessment, and documentation of risks and opportunities 
  • Facilitate and support regular qualitative and quantitative risk assessments, including Quantitative Risk Analysis (QRA) sessions 
  • Maintain risk logs and associated documentation in compliance with the Authority’s Risk Management Plan 
  • Support the preparation of risk inputs for internal and external reporting, including grant applications and stakeholder updates 
  • Provide standardized risk templates, guidance materials, and tools and project teams to ensure consistency in risk documentation 
  • Liaise with project-level risk coordinators to monitor updates and escalate significant risk exposures to the Program Risk Director 
  • Assist in the development and update of the Program Risk and Contingency Management Plan under guidance from the Program Risk Director 
  • Monitor follow-up actions on mitigation plans and ensure accountability from responsible parties 
  • Contribute to the preparation of quarterly risk management reports, providing analysis and summaries as needed 
  • Collaborate with Enterprise Risk Personnel to ensure alignment with broader Authority risk strategies and objectives 
Required Qualifications 
  • Bachelor’s degree in Civil Engineering, Construction Management, Project Controls, or a related field 
  • Minimum of 10 years of relevant experience in risk management within infrastructure or capital projects 
  • Familiarity with qualitative and quantitative risk assessment methods 
  • Strong organizational skills and attention to detail 
Preferred Qualifications 
  • Experience supporting large, complex infrastructure programs or public sector capital projects 
  • Strong interpersonal and communication skills, with the ability to work collaboratively with multiple stakeholders 
  • Proficiency with risk analysis tools and software (e.g., @Risk, Primavera Risk Analysis) 
  • Understanding of contingency management and cost/schedule risk integration principles 
  • Certification in Risk Management or Project Management (e.g., PMI-RMP, PMP) preferred 
Knowledge, Skills & Abilities 
  • Understanding of risk management principles, processes, and lifecycle, including identification, assessment, response, and monitoring, as applied to large infrastructure or capital programs 
  • Proficiency with qualitative and quantitative risk assessment methods, including Quantitative Risk Analysis (QRA) 
  • Strong organizational skills and attention to detail in maintaining current, accurate risk documentation 
  • Clear written and verbal communication sufficient to work collaboratively across teams and multiple stakeholders 
Jaquith Consulting Group and the California High-Speed Rail Authority are equal opportunity employers. All qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, disability, age, veteran status, or any other protected characteristic.