Model Risk Management Summer Intern

Federal Home Loan Bank of Topeka • Topeka, KS

3d

About The Position

In this paid summer internship, you will learn: Concepts in quantitative finance, model risk management, and business strategy supported by models How to validate financial models and End User Applications (EUAs) How to conduct research on interest rate risk, credit risk, and/or prepayment risk How to 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.
• Strong written and verbal communication skills.
• Ability to work independently and as part of a team.

Nice To Haves

• 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.

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, including the Model Risk Management Committee

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed
• Number of Employees: 101-250 employees