Credit Risk Analytics Intern

Federal Reserve Bank of New York; Cleveland (OH); On-site; USD 28,000 - 36,000; Full time

Benefits offered by this job

Hands‑On Experience

Mentorship

Networking Opportunities

Professional Development

Job summary

Federal Reserve Bank of Cleveland is offering an internship in Credit Risk Management located in Cleveland, OH. The role involves assisting in core operations, risk analysis, data validation, and preparing briefings for decision makers.

Qualified students are pursuing undergraduate or graduate degrees with a minimum GPA of 3.0, with at least one semester remaining. The internship runs 10–12 weeks, 40 hours per week, starting as early as June and ending in September.

Qualifications

• Currently pursuing an undergraduate degree or graduate degree with a minimum GPA of 3.0.
• Should have at least one semester left to complete in school.
• Accounting, Finance, Economics, General Business, Strong computer/technical skills required.
• Proficiency with Microsoft Office products, specifically Excel and Access (or familiarity with other data access tools).
• Ability to work in a deadline driven environment and ability to multitask.
• Ability to work both in a group setting and on an individual basis.
• Strong oral and written communication skills.

Responsibilities

• Ensure the daily operations of core functions are conducted consistently with established policy, procedure, and prudential risk and control requirements.
• Conduct research and analysis on top and/or emerging risk topics and financial condition reviews of depository institutions within the Fourth District for determination of credit risk and condition considerations.
• Assist Credit Risk Management with data validation and eligibility reviews of loan collateral pledged to the Discount Window.
• Assist in analyzing complex financial statements of depository institutions and reviews for liquidity analysis.
• Assist in preparing and delivering briefings, presentations, recommendations, and other communications for key decision‑makers regarding matters impacting the Discount Window, Condition Monitoring, Reserves, Payment System Risk and/or Collateral functions.
• Perform other duties as assigned or requested.

Skills

Accounting

Finance

Economics

General Business

Excel

Education

Undergraduate/Graduate student

Tools

Microsoft Excel

Microsoft Access

Job description

Federal Reserve Bank of Cleveland is offering an internship in Credit Risk Management located in Cleveland, OH. The role involves assisting in core operations, risk analysis, data validation, and preparing briefings for decision makers.

Qualified students are pursuing undergraduate or graduate degrees with a minimum GPA of 3.0, with at least one semester remaining. The internship runs 10–12 weeks, 40 hours per week, starting as early as June and ending in September.