Functions - Quantitative Risk Management, Summer Analyst, Buffalo - USA, 2027

About the role

Citi's Quantitative Risk Management Summer Analyst program is a 10-week internship for Masters students to gain hands-on experience in risk management, including risk governance, measurement techniques, and portfolio risk assessment within a global financial institution.

Program Details

• 10-week summer internship in Buffalo, NY for Masters students graduating Dec 2027-May 2028.
• Focus on risk management disciplines like Central Governance, Treasury Risk, Market Risk, Model Risk, and Stress Testing.
• Work on impactful projects, develop business acumen, leadership, and technical skills.
• Receive mentorship from senior leaders and collaborate with management teams.
• Program aligns with Citi Risk objectives and regulatory demands.
• Salary is $75,000 with full-time benefits including medical, dental, vision, and 401(k).

Responsibilities

• Assess and manage risk using techniques like VaR, stress-testing, and scenario analysis.
• Analyze risks and rewards of individual financial instruments.
• Support risk governance and best practices across Citi's business operations.
• Contribute to process improvements and risk management goals.
• Engage in data/model validation and statistical analysis.
• Build and maintain strong business relationships.

Requirements

• Pursuing a Masters in Engineering, Science, Technology, or Mathematics.
• Graduating between December 2027 and May 2028.
• 0-2 years of relevant work experience.
• Proficient in analytical and coding tools like SAS, SQL, R, Python, MATLAB, Tableau.
• Strong communication, presentation, and interpersonal skills.
• Ability to work in a dynamic, competitive environment with a growth mindset.

Preferred Skills and Attributes

• Enjoy statistical analysis and data exploration for problem-solving.
• Identify and address data quality issues.
• Demonstrate initiative, creativity, and willingness to learn.
• Committed to Citi's risk management objectives and firm safety.
• Resilient and adaptable to change and competition.
• Technologically proficient in Excel, Word, and PowerPoint.

Application Information

• Application deadline: 2026-09-09.
• Full-time internship position located in Getzville, New York.
• Competitive salary range for full-time roles: $60,000 - $110,000.
• Citi offers comprehensive employee benefits and paid time off.
• Equal opportunity employer with accommodations for disabilities.
• Automated processing used for skill matching, but decisions made by individuals.