Intern - Risk Management

tion, entrepreneurship and solving complex business problems? Then we are looking for you!

Our program offers

• 11 weeks of work experience (May 27-August 7)

• Executive and peer networking opportunities

• Independent and team project experiences

• Philanthropic activities

• Career development

• Opportunity to apply for full-time career positions

Our Culture: Our team members define and shape our culture - an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work - we thrive.

Compensation: Competitive pay

Work Life Balance: Flexible hybrid work environment, 2-days a week in office

RESPONSIBILITIES

Responsibilities

• Execution model validation on high, medium, and low models

• Interface with all lines of business executives, business partners, model owners, model developers and model users

• Communication of policy requirements and changes to model developers and owners

• Provide input to model validation framework and policy changes

• Review department model governance procedures towards ensuring adherence to the policy

• Tracking model owner adherence to differing risk-level-based policy

• Participating in both internal and external model validation processes as warranted

• Supporting periodic review of model validation documentation/ internal reviews for consistency to policy

• Write and present validation findings and pursuant remediation plans to ensure resolution in a timely manner

• Managing model attestation process

• Assign Model Validation Result Scores, and monitor other standard Model Risk Key Risk Indicators (KRIs) for improvement

• Help maintain a comprehensive, centralized, and standardized model inventory

• Ensure appropriate documentation is in place

• Create analytics and reporting for the appropriate levels, including senior and executive management and risk committees

• Review model monitoring performance thresholds established in collaboration with the model owners

• Facilitate resolution and/or escalation of issues within the specified times

QUALIFICATIONS

Qualifications

• Must be a current student pursuing a bachelor's degree or higher from an accredited college or university in Business Administration, Economics, or Finance with at least one semester remaining upon start of the internship.

• Must possess a minimum of a 3.0 (out of a 4-point scale) overall GPA.

• Junior or Senior classification preferred.

• Strong written and verbal communication skills required. This incumbent will be required to give presentations and communicate with business leaders.

• Strong analytical, quantitative, problem solving, and conceptual skills required.

• Must be detail oriented and able to prioritize tasks to meet deadlines.

• Must be able to work independently or in a team setting.

• Previous internships are considered a plus.

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