Credit Risk Management Department - Risk Analytics Model Intern

Overview

The intern will assist senior members in the model team to conduct all business as usual activities. She/he will help collect business/development data, run credit risk ratings/CECL/Stress Test, aggregate model output, conduct data analysis, and also help document models for model risk management purpose (internal model review and audit). She/he will participate in model lifecycle and provide assistance for any finding/regulatory issue (e.g. MRA) remediation.

Responsibilities

• Credit Risk Rating
• Coordinate the requests from FLUs and CRM CA teams
• Be familiar with the model setup and requirements
• Generate the rating reports as required
• Stress Test
• Run the quarterly stress tests
• Agregate the results
• Perform in-depth analysis
• Prepare the reports
• Model Risk Governance
• Update the model docs for ERM reviews
• Auxiliary in finding remediation
• Track the finding/issue status
• Admin Duties
• Help the team lead on various team admin work such as invoice processing, meeting organization and minutes, meeting deck preparation, etc.

Qualifications

• Bachelor's degree in Math, Statistics, Physics, Computer Science, Financial Engineering, etc. is required
• Familiar with the programming languages such as VBA and Python

Pay

Pay Range: Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications. USD $18.00 - USD $18.00 /Hr.