2024 Model Development Officer Internship Dallas

Comerica Bank
Dallas, TX Full Time
POSTED ON 6/1/2024
Location(s): Comerica Bank Headquarters, Dallas TX, or Frisco TX
The Enterprise Risk Quantitative Analytics Graduate-Level College Intern will learn quantitative and financial model development.

Position Responsibilities
  • Support quantitative and financial model development activities including data manipulation, model building and documentation.
  • Multiple projects may be assigned.
  • Some projects can be geared towards financial data manipulation while others may be more related to model development and documentation.
  • Enhance and develop communication and problem-solving skills.
  • Additional responsibilities as assigned by Enterprise Risk Management.
  • Stress Testing and CELC Loss Forecasting
  • PPNR and Market Risk Modeling
Position Competencies
  • Successful incumbents possess intellectual horsepower, time management skills, written communication skills, have process management skills and the ability to prioritize.

Position Qualifications
  • Graduate students (MS or PhD) in the areas of Mathematics, Statistics, Economics, Finance or Engineering
  • Strong analytical and problem-solving skills
  • Background in standard statistical and econometrics regression theories such as: OLS (including weighed least square), time series (autoregression and ARIMA), logistic, survival and ML techniques
  • Prefer some experience building quantitative models, exposure to banking or financial models
  • Experience using SAS, STATA, Python, R software or equivalent software programs
    Excellent interpersonal skills
  • This internship is scheduled for May -- August with potential extension until December 31st
Travel
Travel is not required of this position.
Relocation
Relocation is not available for this position.
Comerica Bank Tower
M-F 8AM-5PM
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.

 

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