Model Risk Management Intern

American AgCredit

Nov 7, 2023

Applications are closed

Internship
Full-time
Off-cycle Internship
Business, Operations & Strategy
United States
Remote

Requirements

Pursuing a four-year degree or enrolled in a graduate program. Major emphasis in statistics, mathematics, econometrics, or quantitative models.
Very strong coding skills using the R programming language, with demonstrated ability to create original custom code.
Very strong analytical skills with the ability to research and learn new concepts or techniques, as necessary.
Strong verbal, written, and interpersonal skills.
Proficient in Microsoft Office tools, including Word, Excel, and Outlook. Must be comfortable adapting quickly to new technology and software.
Must have the ability to travel.
Must have the ability to perform basic office tasks, work in an office or outdoor setting and be able to sit at a desk and work at a computer for an extended period of time. This job regularly requires the employee to visit job sites and must be able walk, sit, crouch, kneel, crawl, reach, and be able to lift up to 40 pounds. Ability to navigate around construction equipment and business materials is required. Must have the ability to walk for some distance, more than a mile, during or getting to an inspection. Must have strong written and verbal communication skills to adequately convey ideas and work well with a team. Ability to talk and hear, sit and use their hands and fingers, and reach in all directions is essential in performance of the job. Some travel required and projects requiring driving to local destinations require a clear driver history check. Work during established business hours and may require occasional weekend and/or evening work.

Responsibilities

The Model Risk Management (MRM) team is seeking an intern that is currently pursuing a four-year or graduate degree in Statistics or Data Science, or related field, who has extensive experience creating original code using the R programming language. The MRM intern will create a code library of statistical test scripts to be used to assess the performance of a variety of models. It is not expected that the intern will have experience with every type of statistical test needed. However, the intern should have a strong statistical background and be able to easily translate mathematical and statistical formulae (that may be new to them) into useable R scripts.
The MRM intern will be primarily responsible for creating a code library of R scripts. However, the intern will have the opportunity to participate in other aspects of Model Risk Management other than writing code. Other opportunities may include assisting in the completion of a Model Validation report, participating in the Annual Model Discovery and Review processes, and participating in the presentation of results to the Model Governance Committee.
The summer intern is responsible for completing a project for a specific business unit or team. Projects will vary based on business need, and project plans can evolve through the selection process. Interns will spend the majority of their time on an individual project assignment. The summer intern is also responsible for developing skills relevant to their performance and professional development.
The summer internship program is 10 weeks beginning in late May and ending in early August. The internship program begins with a mandatory Orientation and ends with mandatory project presentations. Start dates may be flexible depending on individual circumstances, pending ability to attend Orientation.

American AgCredit

American AgCredit offers a broad range of agricultural loan, leasing and insurance services.

Finance

Industry

501-1000

Employees

1916

Founded Year

Mission & Purpose

Your future grows here. American AgCredit partners with agriculture and rural customers throughout California, Colorado, Hawaii, New Mexico, Nevada, Kansas, and Oklahoma to produce food, feed, fiber and so much more for a growing world. Part of the Farm Credit System, American AgCredit is a member-owned cooperative and a leading provider of financial services, insurance products, and resources to meet the needs of our customers. We know agriculture is changing, and the way our customers are doing business is changing too. We strive to meet those changing needs while remaining committed to our employees, customers, and the communities in which we serve and live. Our leadership team is passionate about providing our employees with the tools, resources, and work/life balance they need to grow their career at American AgCredit.