Model Risk Management Intern

FHLBank Topeka • Topeka, KS

72d

About The Position

In this paid, part-time, year-round internship, you will learn concepts in quantitative finance, model risk management, and business strategy supported by models. You will also learn how to validate financial models and End User Applications (EUAs), conduct research on interest rate risk, credit risk, and/or prepayment risk, and prepare summary reports and presentations for internal management committees, including the Model Risk Management Committee.

Requirements

• Pursuing a degree in finance, mathematics, economics, computer science or other related discipline.
• Any course work in quantitative risk management, statistics, econometrics, and/or machine learning would be beneficial.
• Exposure to or hands-on experience with mortgage products and interest rate swap modeling.
• Proficiency in Python or similar tools for development and analysis.
• Strong written and verbal communication skills.
• Ability to work independently and as part of a team.

Responsibilities

• Learn concepts in quantitative finance, model risk management, and business strategy supported by models.
• Validate financial models and End User Applications (EUAs).
• Conduct research on interest rate risk, credit risk, and/or prepayment risk.
• Prepare summary reports and presentations for internal management committees.

What This Job Offers

• Job Type: Part-time
• Career Level: Intern
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree