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Quantitative Risk Analyst Intern Jobs in Fresno, CA

Manager - National Tax Office

Fresno, CA ยท Remote

$110K - $144K/yr

Perform quantitative analysis and tax modeling to evaluate entity structures, transactions, and ... For intern applicants, we will need the date you anticipate being available to work full-time in ...

Drive corrective actions, root-cause analysis, and continuous improvement initiatives to closure ... Report audit findings, risk exposure, and improvement opportunities to leadership with clear ...

Quantitative Risk Analyst Intern information

See Fresno, CA salary details

$64.5K

$107.6K

$144.5K

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

As of Aug 11, 2026, the average yearly pay for quantitative risk analyst intern in Fresno, CA is $107,565.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,400.00 and $130,100.00 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 popular job titles related to Quantitative Risk Analyst Intern jobs in Fresno, CA? For Quantitative Risk Analyst Intern jobs in Fresno, CA, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Analyst Intern jobs in Fresno, CA look for? The top searched job categories for Quantitative Risk Analyst Intern jobs in Fresno, CA are:
What cities near Fresno, CA are hiring for Quantitative Risk Analyst Intern jobs? Cities near Fresno, CA with the most Quantitative Risk Analyst Intern job openings:
Infographic showing various Quantitative Risk Analyst Intern job openings in Fresno, CA as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 9% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $107,565 per year, or $51.7 per hour.

Principal Risk & Compliance Quantitative and Modeling Analyst - Location Flexible

PG&E Corporation

Tollhouse, CA โ€ข Hybrid

$238K/yr

Full-time

Re-posted 20 days ago


Job description

Requisition ID # 172735 

Job Category: Compliance / Risk / Quality Assurance; Accounting / Finance; Business Operations / Strategy 

Job Level: Manager/Principal

Business Unit: Strategy & Growth

Work Type: Hybrid

Job Location: Oakland; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bay Point; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Dublin; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Goodyear; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Pleasanton; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramenti; Sacramento; Salida; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City

Department Overview:

The Electric Risk & Compliance organization provides governance, oversight, and strategic direction on risk and compliance matters across Electric Operations, ensuring alignment with enterprise policies and external/internal regulatory requirements. It partners cross-functionally to manage compliance requirements, strengthen controls, and enable risk-based oversight through effective monitoring, data, and reporting. The Compliance Insights team provides strategic, comprehensive data analysis, reporting, and data-driven insights that support Electric compliance, investigations, and risk management.

The selected candidate must live within PG&Eโ€™s service territory, and will be expected to work in the office 2-3 times a week.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate the successful candidate hired into this role will be placed towards the middle or entry point of the range, the decision will be made on a case-by-case basis related to these factors.

A reasonable salary range is:

Minimum Base Salary (Bay Area)            $140,000.00

Mid Base Salary (Bay Area)        $189,000.00

Maximum Base Salary (Bay Area)           $238,000.00

Minimum Base Salary (California)         $133,000.00

Mid Base Salary (California)      $180,000.00

Maximum Base Salary (California)        $226,000.00

Responsibilities:

  • Lead development of risk metrics and stress scenarios
  • Lead development of commodity prices, derivatives and transactions as needed to analyze and quantify risks.
  • Lead development of framework for implementing tools and processes to improve quality and timeliness of risk reports.
  • Lead design of analytical and diagnostic tools to ensure accuracy and timely computation of risk metrics and facilitate analyses of portfolios.
  • Lead assessment of the effectiveness of hedging strategies and programs.
  • Lead development and enhancement of quantitative models to support forecasting, valuation, and portfolio risk assessment.
  • Provide analytical support and quantitative risk assessments to inform business decisions and address emerging issues.
  • Lead development of risk-informed compliance frameworks to align analytical insights with regulatory requirements and support effective governance and oversight.
  • Lead horizon scanning activities to identify emerging risks, market developments, and regulatory changes that may affect portfolio strategy and risk exposure.
  • Develops and leads compelling data-driven business cases for or against specific courses of action and potential risk mitigation alternatives as appropriate; provides strategic direction regarding areas of NERC compliance in common with CPUC, OEIS, and CAISO.
  • Leads annual gap analysis; identifies gaps between compliance requirements and guidance documentation.
  • Develops, monitors, analyzes, and reports on business KPIs and indicators, that may affect the Companyโ€™s ability to meet its goals.

Qualifications

Minimum:

  • Bachelorโ€™s Degree in Information Systems, Business, Engineering, Financial Engineering, Economics, Statistics, or Mathematics or equivalent experience
  • 8 years of experience in risk analytics development and modeling
  • 2 years managing projects

Desired:

  • Masterโ€™s degree or equivalent experience
  • Electrical engineer with experience in the utility industry to support technical interpretations and implementation of new compliance requirements.
  • Proven risk control and system design skills
  • Proven project management skills.
  • Demonstrated ability to abstract or synthesize from one set of ideas or facts to another, identify causal relationships, and anticipate obstacles.
  • Communicates with peers, subordinates, leadership, and stakeholders, using a variety of media and conveying information or conclusions in a clear, direct manner.
  • Ability to maneuver through complex organizational situations effectively and without disruption.
  • Understands and can communicate the company's overall goals and strategies.
  • Ability to analyze complex problems and make decisions despite incomplete information and limited time.
  • Highly advanced analytical, program management, and communications skills
  • Ability to manipulate data and draw conclusions / make recommendations