Credit Risk Management Department - Risk Analytics Model Intern

Bank of China USA is one of the largest banks in the world, with a vast global presence. They are seeking a Risk Analytics Model Intern to assist the model team with credit risk ratings, stress tests, and model documentation, while also providing support for various administrative tasks.

What you'll do:

• Assist senior members in the model team to conduct all business as usual activities
• 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)
• Participate in model lifecycle and provide assistance for any finding/regulatory issue (e.g. MRA) remediation
• 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 they're looking for:

• 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