Credit Risk Management Department - Risk Analytics Model Intern

Bank of China Limited, New York Branch • New York, NY

1d • $18 - $18

About The Position

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.

Requirements

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

Responsibilities

• Coordinate the requests from FLUs and CRM CA teams, be familiar with the model setup and requirements, and generate the rating reports as required.
• Run the quarterly stress tests, aggregate the results, perform in-depth analysis, and prepare the reports.
• Update the model docs for ERM reviews, assist the finding remediation, track the finding/issue status.
• Help the team lead on various team admin work such as invoice processing, meeting organization and minutes, meeting deck preparation, etc.

What This Job Offers

• Career Level: Intern
• Number of Employees: 101-250 employees