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Quantitative Risk Intern Jobs in New York (NOW HIRING)

Quantitative Researcher - Intern

New York, NY ยท On-site

$200K - $300K/yr

... risk and returns, and design strategy frameworks leveraging fist principles from economics and ... Quantitative Researcher candidates should have demonstrated capability in conducting cutting-edge ...

Quantitative Researcher - Intern

New York, NY ยท On-site

$200K - $300K/yr

... risk and returns, and design strategy frameworks leveraging fist principles from economics and ... Quantitative Researcher candidates should have demonstrated capability in conducting cutting-edge ...

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Quantitative Risk Intern information

What is a quantitative risk intern?

Quantitative Risk Interns are students or recent graduates who assist risk management teams in financial institutions by applying mathematical, statistical, and programming skills to analyze and manage financial risks. They typically work on projects that involve modeling risk exposures, stress testing portfolios, and supporting the development of risk management tools. This role provides hands-on experience with risk assessment processes, financial data analysis, and exposure to industry-standard software and methodologies. Interns also have the opportunity to learn from experienced risk professionals and gain insight into the decision-making processes that help institutions mitigate financial risks.

What types of projects or tasks can a quantitative risk intern expect to work on during their internship?

As a Quantitative Risk Intern, you can expect to contribute to projects involving data analysis, financial modeling, and risk assessment for various portfolios or products. Typical tasks include gathering and cleaning large datasets, running statistical analyses, developing or refining risk models under supervision, and preparing reports to communicate findings to senior team members. Interns often collaborate closely with risk analysts, quantitative researchers, and sometimes IT teams, gaining exposure to both technical and business aspects of risk management. This hands-on experience provides valuable insight into industry-standard tools and methodologies, preparing you for a potential full-time role in quantitative finance.

What are the key skills and qualifications needed to thrive as a quantitative risk intern, and why are they important?

To thrive as a Quantitative Risk Intern, you need strong analytical skills, a solid understanding of statistics and probability, and progress toward a degree in finance, mathematics, or a related field. Familiarity with programming languages like Python or R, experience using statistical software, and knowledge of risk management frameworks are typically expected. Attention to detail, effective communication, and a proactive approach to problem-solving are valuable soft skills in this role. These competencies are crucial for accurately assessing financial risks and supporting data-driven decision-making in a fast-paced environment.

What are the most commonly searched types of Quantitative Risk jobs in New York?

The most popular types of Quantitative Risk jobs in New York are:

What cities in New York are hiring for Quantitative Risk Intern jobs?

Cities in New York with the most Quantitative Risk Intern job openings:

Infographic showing various Quantitative Risk Intern job openings in New York as of August 2026, with employment types broken down into 1% As Needed, 91% Full Time, 6% Part Time, and 2% Contract. Highlights an 87% Physical, 4% Hybrid, and 9% Remote job distribution.

Functions - Quantitative Risk Management, Summer Analyst, Buffalo - USA, 2027

Citibank (Switzerland) AG

Manhattan, NY โ€ข On-site

$60 - $110/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago


Key responsibilities

  • Work on challenging and impactful projects related to risk assessment and management.

  • Assess risk and develop business acumen within the risk management team.

  • Contribute to the risk organization by responding to regulatory, quantitative, and technical demands.


Job description

Citi is looking for Summer Analysts to join the Risk Management team in our Buffalo office. Your work, as part of the Risk summer program, can have an immediate impact. Citi Risk Management is a strategic business partner and works closely with global management teams across the firm. You're the brains behind our work. Youโ€™re ready to bring your knowledge from the classroom to the boardroom, and Citi wants to help you get there. Whether itโ€™s honing your skills or building your network, we know that success canโ€™t come without growth. Our Early Career programs equip you with the knowledge and training you need to play a valuable role on your team and establish a long-term career here at Citi; where we value internal mobility, and career growth is not a question of if, but when. We provide you with the knowledge and skills you need to succeed. The Quantitative Risk Management Summer Analyst program will provide a fundamental understanding of risk management, risk governance and risk best practices. You will learn about Citiโ€™s business operations and the risks it manages. Additionally, you will gain a broad understanding of how a portfolio of Risk is managed in a global financial institution using various measurement techniques including VaR, stress-testing and scenario analysis. Quant Risk Analysts will also learn about the risks and rewards from individual financial instruments.

Your time here will look something like this... The Quantitative Risk Management Summer Analyst Program is a 10-week developmental program that introduces Masters students to Risk Management through diversified experiences. Through placement on one of our Risk teams, you will have the opportunity to work on challenging and impactful projects, assess risk, develop business acumen, build upon leadership skills, and deepen your technical and analytical ability. You will be assigned to a specific role within one of the Risk disciplines including Central Governance, Treasury Risk Management, Global Market Risk, Model Risk Management and Quantitative Risk & Stress Testing. Summer Analysts work closely with management teams, receive mentorship from senior leaders and peers, and are given the opportunity to add value to the risk organization and the firm through responsibilities structured to respond to the increasing regulatory, quantitative, and technical demands of the financial world. This program is aligned with Citi Risk objectives and structured for completion within a two-month period.

We want to hear from you if...
  • You are currently pursuing a Masters in Engineering, Science, Technology or Mathematics (Graduating between December 2027-May 2028)
  • You have 0-2 years of significant, related work experience
  • You possess a strategic and analytical mindset with a global perspective and excellent judgment
  • You are willing to take initiative and offer creative solutions and able to step out of your comfort zone
  • You possess resiliency to work in an environment of change and competition and are familiar with process improvement
  • You are committed to excellence with a sense of urgency and excitement
  • You have proficiency in analytical, coding or data mining tools (e.g. SAS, SQL, R, Python, Hadoop, Spark, MATLAB, Tableau, PowerBI)
  • You are technologically proficient in Excel, Word and Power Point
  • You have strong written and verbal communication and presentation skills
  • You are able to build and maintain excellent business relationships
Who we think will be a great fit...
  • You enjoy statistical analysis for projects and data/modeling validation
  • You solve problems through statistical and non-statistical data exploration and can identify data quality issues
  • You are willing to reinforce the firmโ€™s Risk Management goals and objectives, ensure Citiโ€™s safety and soundness, enhance capabilities in focus segment, and continue to make Citi a great place to work
  • You take initiative, ask questions, eager to learn, have a growth mindset, and want to build leadership skills

Salary=$75,000 ------------------------------------------------------ Job Family Group: Management Development Programs ------------------------------------------------------ Job Family: Intern ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Primary Location: Getzville New York United States ------------------------------------------------------ Primary Location Full Time Salary Range: $60,000.00 - $110,000.00 In addition to salary, Citiโ€™s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.

Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.

Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Most Relevant Skills Please see the requirements listed above.

Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.

Anticipated Posting Close Date: Sep 09, 2026

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi. Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details. Illinois residents โ€“ AI Notice and Right

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citiโ€™s EEO Policy Statement and the Know Your Rights poster.

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