1

Intern Bank Risk Management Jobs in Columbus, OH

next page

Showing results 1-20

Intern Bank Risk Management information

See Columbus, OH salary details

$8

$16

$23

How much do intern bank risk management jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for intern bank risk management in Columbus, OH is $16.46, according to ZipRecruiter salary data. Most workers in this role earn between $13.94 and $18.56 per hour, depending on experience, location, and employer.

What kinds of projects or tasks can an Intern in Bank Risk Management expect to work on?

As an Intern in Bank Risk Management, you can expect to assist with data analysis, preparing risk reports, and helping to identify potential risks in various banking operations. You'll likely work closely with experienced analysts to review credit, market, or operational risk exposures, and may participate in risk assessment meetings or audits. This role often involves cross-departmental collaboration, giving you valuable insight into how risk management supports the bank’s overall strategy and compliance efforts.

What are the key skills and qualifications needed to thrive as an Intern in Bank Risk Management, and why are they important?

To thrive as an Intern in Bank Risk Management, you typically need a background in finance, economics, or a related field, strong analytical abilities, and proficiency with data analysis. Familiarity with risk assessment tools, Microsoft Excel, and sometimes software like SAS or SQL is often expected, alongside knowledge of relevant regulations. Strong attention to detail, effective communication, and a proactive attitude help interns stand out in this role. These skills are crucial to accurately identify, assess, and communicate risks, supporting the bank’s overall stability and compliance.

What does an Intern in Bank Risk Management do?

An Intern in Bank Risk Management assists in identifying, analyzing, and monitoring risks that could affect the bank’s financial health and operations. Their tasks often include supporting risk assessments, preparing reports, and helping ensure compliance with regulatory requirements. Interns may work with data analysis tools, attend meetings with risk managers, and learn about credit, market, and operational risks. This role offers valuable exposure to risk management processes and helps interns develop analytical and problem-solving skills.

What is the difference between Intern Bank Risk Management vs Intern Credit Analyst?

AspectIntern Bank Risk ManagementIntern Credit Analyst
Required CredentialsTypically pursuing finance, economics, or related degrees; some certifications beneficialSimilar educational background; certifications like CFA may be advantageous
Work EnvironmentBank risk departments, analyzing overall risk exposureCredit departments, assessing individual or corporate creditworthiness
Employer & Industry UsageCommon in banking and financial institutionsWidely used in banks, lending institutions, and credit agencies
Comparison Search IntentUnderstanding risk management roles in bankingFocusing on credit analysis and lending decisions

Intern Bank Risk Management and Intern Credit Analyst roles share similar educational backgrounds and work environments within banking institutions. However, risk management interns focus on assessing overall risk exposure, while credit analyst interns concentrate on evaluating creditworthiness. Both roles are essential in banking, but they serve different functions within the financial industry.

Infographic showing various Intern Bank Risk Management job openings in Columbus, OH as of June 2026, with employment types broken down into 67% Internship, and 33% Full Time. Highlights an 100% In-person job distribution, with an average salary of $34,227 per year, or $16.5 per hour.
Asset and Liability Management Risk Manager - Financial Risk Management

Asset and Liability Management Risk Manager - Financial Risk Management

Western Alliance Bank

Columbus, OH • On-site

$159K - $197K/yr

Full-time

Medical, Dental, Retirement

Posted yesterday


Job description

Job Title:

Asset and Liability Management Risk Manager - Financial Risk Management

Location:

CityScape

What you'll do:

The Market Risk Team within Financial Risk Management (FRM) oversees risk taking activities of Treasury focusing specifically on Interest Rate Risk. The team facilitates effective use of risk appetite to monitor and assess risk-taking activities. The group also plays a key role in keeping senior management appraised of the Company's market risk profile. This is achieved by using risk measures, proactive application of expert judgement, and limit setting. Activities are centered on risk management and analysis, transparency and escalation of risk, supervision, and overall process improvement.
  • You'll provide independent risk oversight, challenge, and assessment of interest rate risk exposure with a strong emphasis on quantitative analysis, use of management judgement, and data validation using quantitative techniques

  • Review scenario design, model configurations, and results produced in the Quantitative Risk Management tool (QRM) (e.g., Economic Value of Equity/Earnings at Risk, forecast runs, Funds Transfer Pricing linkages); independently replicate or sensitivitytest key assumptions using quantitative techniques where direct QRM instance access is not available.

  • Develop robust processes and tools to validate key financial assumptions, such as deposit behaviors, prepayment trends, and pricing strategies, and ensure QRM results are accurately reconciled with source systems and established policy limits.

  • Lead structured challenge sessions and memorialize outcomes in memos/minutes consistent with FRM governance and practices.

  • Produce Second Line of Defense Asset Liability Management/Interest Rate Risk dashboards and narratives for the Asset Liability Committee/Financial Risk Management governance, highlighting drivers of risk and emerging issues.

  • Assist in developing and enhancing the market risk management framework, including the design and implementation of risk metrics, reporting processes, and limit structures

What you'll need:

  • 5+ years in Asset Liability Management/Interest Rate Risk in the Banking Book, with at least 2+ years in Second Line of Defense/Model Risk Management or other independent oversight roles.

  • Bachelor's degree in related field required.

  • Handson QRM proficiency (Asset Liability Management/Interest Rate Risk modules; comfort reading QRM output structures, assumptions, and libraries). Ability to replicate Economic Value of Equity/Earnings at Risk and Net Interest Income sensitivities via Python/R/Structured Query Language when needed.

  • Advanced knowledge and experience with tools like Python, Structured Query Language, or R for data analysis and quality checks is a plus, along with familiarity with version control and an interest in process improvement.

  • Advanced knowledge of Asset Liability Management concepts & policy (betas, decays, prepay, deposit segmentation, Funds Transfer Pricing, hedging), and Interest Rate Risk/Asset Liability Management governance. Knowledge of ALM concepts & policy (betas, decay rates, prepay, deposit segmentation, FTP, hedging), and IRR/ALM governance.

  • Professional certification such as Financial Risk Manager (FRM), Professional Risk Manager (PRM), or Chartered Financial Analyst (CFA) preferred.

  • Advanced speaking and writing communication skills.

Compensation: Salary range for new hires is generally $159,745.00 - $197,331.00 for Chicago, IL. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation