2027 Risk Management Associate Program – New York

About the role

Jefferies’ full-time Risk Management Associate Program in New York offers quantitative analytics experience across market and credit risk. Associates support risk measurement, model validation, portfolio analytics, systems implementation, and AI-enabled solutions after orientation, with mentorship and structured reviews. The role suits Master’s or PhD candidates graduating December 2026–June 2027.

Program Structure

• Complete an orientation program before beginning day-to-day Risk department responsibilities.
• Receive ongoing instruction and mentorship from experienced colleagues throughout the program.
• Work on projects with tangible impact while contributing ideas and value from the outset.
• Participate in a structured review process designed to support the associate experience.

Risk Management Responsibilities

• Support risk measurement methodologies, model validation, and risk systems and process implementation.
• Contribute to market and credit risk oversight, ensuring consistent methodologies across the firm.
• Review and validate valuation models, ensuring limitations are understood and appropriately incorporated.
• Develop technology-enabled and AI-powered solutions for risk analysis, monitoring, and governance.

Department Scope

• Identify, assess, monitor, and manage financial and non-financial risks across the firm.
• Establish risk frameworks, policies, procedures, controls, appetite statements, and limit frameworks.
• Monitor risk metrics and limit usage, reporting exposures and escalating breaches or concerns.
• Perform independent reviews of risk-taking, hedging activities, exposures, and vulnerabilities.

Candidate Requirements

• Master’s, PhD, or equivalent degree in a relevant STEM discipline, with strong academic performance.
• Expected graduation between December 2026 and June 2027.
• Knowledge of risk modeling, portfolio analytics, financial markets, and multiple asset classes.
• Proficiency in Python, SQL, databases, and systems implementation.
• Strong analytical, quantitative, written, verbal, interpersonal, multitasking, and time-management skills.
• Ability to work independently and collaboratively under pressure and tight deadlines.