Staff Intern - Market Risk

PSEG•Newark, NJ

7d•Hybrid

About The Position

PSEG is looking for a Summer 2026 Market Risk Intern - Market & Trading Operations Risk Department. This job involves working as a market risk intern to perform middle office functions. This position will be Hybrid Flexible. Assignments will include working alongside professionals in the following areas: Provide analytical, research, and administrative support to the market risk group. Design, build, and maintain risk reports, including generation/hedging and various risk reports. Implement strategic initiatives to support enterprise long term objectives. All PSEG internship roles are paid at an hourly rate, however there are no medical benefits associated with these positions. Incumbents are expected to work 40 hours per week over the duration of the summer internship. We are targeting currently enrolled/matriculating students that are able to commute to their designated work location as needed. Housing, transportation, and immigration support will not be provided in association with these positions.

Requirements

Actively pursuing a master's degree from an accredited institution in Quantitative, Mathematical, Computational Finance, or similar discipline.
PSEG recognizes institutions of higher education which are accredited by the Council for Higher Education Accreditation or equivalent.
Currently enrolled/matriculating students that are able to commute to their designated work location as needed.

Nice To Haves

Familiar with finance theory, option pricing theory, risk management concepts
Quantitative programming experience (academic experience OK), especially in Python, Matlab, R, or similar

Responsibilities

Provide analytical, research, and administrative support to the market risk group.
Design, build, and maintain risk reports, including generation/hedging and various risk reports
Implement strategic initiatives to support enterprise long term objectives