FAQs
What is the primary focus of the Enterprise Risk Management Risk Analyst Internship?
The primary focus is to assist in maintaining the Bank-wide Model Risk Management program (MRM) to ensure compliance with internal policies, regulatory guidance, best practices, and adherence to a strong control environment.
What qualifications are required for this internship?
A Master’s Degree in financial mathematics, finance, economics, econometrics, statistics, or engineering is required, along with strong analytical and quantitative skills.
What programming tools should candidates be familiar with for this internship?
Candidates should have advanced proficiency in statistical programming tools such as SAS, Stata, or R (preferred), as well as Microsoft Office, particularly Excel and Word.
What type of work will the intern be doing?
The intern will assist in model validations, production of analysis reports, monitoring end-user computing tools, and performing additional duties as requested by management.
Is prior experience in risk management necessary for this position?
While not explicitly stated, having a background or knowledge in risk management, econometric modeling, and probability theories would be advantageous.
What kind of skills are emphasized for this position?
Strong analytical and quantitative skills, attention to detail, initiative, independence, effective interpersonal skills, and the ability to create and present reports are emphasized.
What are the working conditions for this internship?
The working conditions are a normal hybrid office environment with flexibility.
Can this internship be completed entirely remotely?
No, this internship is hybrid, meaning that some in-office presence will be required.