Model Risk Management Intern [2025 Internship Program]
Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
About our Internship Program:
The Summer Internship Program is a unique and challenging 10-week experience for diverse, talented, high-performing individuals interested in different aspects of the financial and technology industry. Contingent upon business needs, performance and completion of degree, our internship serves as a pipeline to our full-time early-career program EDGE.
What to expect as a DTCC Intern:
- Access to senior leaders
- Workshops for skill-building and career development
- Participation in employee resource groups
- Team volunteering with local charities
- A sense of community
- Assigned a mentor throughout the summer
- A flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
The impact you will have in this role:
Interns working in the Model Risk Management (MRM) Governance and Reporting group may participate in the following activities:
- Analyze and prepare datasets for management reporting and metrics
- Assist in automation of management reporting
- Participate in ad hoc projects and initiatives
- Participate in model identification and model inventory management activities
- Work with users to validate business requirements as needed
- Develop solutions using analytical tools and scripting languages to derive insight from data
- Perform data validation checks to increase accuracy and integrity of reports
*NOTE: The Primary Responsibilities of this role are not limited to the details above.*
Qualifications:
- Candidates must be working towards a bachelor’s degree in the following curriculums: Risk, Economics, Finance, Computer Science, Business and Technology Management, MIS, or other related field
- Candidates must have authorization to work permanently in the US without the need for sponsorship (now or in the future)
- Candidates must have minimum of a 3.2 GPA
Talents Needed for Success:
- Must demonstrate superior analytical and communication skills
- Strong interest in the financial services industry, with previous internship experience a plus
- Proficient computer and technical skills (Microsoft office suite - Excel, PowerPoint, Power BI, etc.)
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Job Info
- Job Identification: 209067
- Job Category: Risk Management
- Locations: 570 Washington Blvd, Jersey City, NJ, 07310, US
- Job Schedule: Part time
- Salary Range: Intern-$27-$40/hour