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Quantitative Risk Intern Jobs in Spring Branch, TX

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Quantitative Risk Intern information

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 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 Quantitative Risk Interns?

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 cities near Spring Branch, TX are hiring for Quantitative Risk Intern jobs? Cities near Spring Branch, TX with the most Quantitative Risk Intern job openings:
Quantitative Risk Intern jobs near you

College Intern - Model Risk Management

Frost Bank

San Antonio, TX • On-site

Part-time

Posted 25 days ago

Job description

Job Description

It's about finding a job that feels like home.

Are you a natural go-getter who loves a challenge? Do you have a thirst for knowledge inside and outside the classroom? Are you ready to put theory into practical application? Does exploring numerous career possibilities excite you? If so, our internship program might be a great fit!

At Frost, it's about more than a job. It's about having a flourishing career where you can thrive, both in and out of work. At Frost, we're committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you'll become part of Frost's over 150-year legacy of providing unparalleled financial services.

Who you are:

As our College Intern - Model Risk Management, you'll be exposed to various executives and lines of business throughout the organization. By building relationships and tackling numerous projects you will gain various skills and connections to add to your resume. Here, you'll have the freedom and flexibility to experience life in the corporate world while continuing your education.

What you'll do:

  • Analyze varying financial, statistical, and behavioral models to assist model validations and annual reviews

  • Monitor the risk of models to determine if it is in line with Frost's risk strategy

  • Participate model governance activities, such as reviewing controls, risk assessments and documentations, to ensure the bank's compliance with all regulations, especially SR 11-7

  • Gain experience with a corporation that provides a full range of services in banking, brokerage and investments to acquire a deeper understanding of the financial industry

  • Perform meaningful work to get valuable experience and further Frost as an organization

  • Always take action using Integrity, Caring, and Excellence to achieve all-win outcomes

What you'll need:

  • Currently pursuing an Undergraduate or Masters degree in a quantitative field

  • Ability to work in a part-time capacity year-round

  • Minimum GPA of 3.0 confirmed by transcript

  • Strong organizational skills

  • Time management skills

  • Strong written and verbal communication skills

Since 1868, Frost has dedicated their expertise to provide exceptional banking, investment, and insurance services to businesses and individuals throughout Texas. Frost is one of the 50 largest U.S. banks by asset size and is a leader in banking customer satisfaction. At Frost, it's about being part of something bigger. If this sounds like you, we encourage you to apply and see what's possible at Frost.

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