The Risk Intern will conduct independent analyses and validation of financial models.
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Responsibilities include but are not limited to:

• Conduct independent quantitative validation and provide challenges to financial models (70%).
• Document all the analyses, testing, and validations (25%).
• Work with model users to identify model risks and establish mitigating controls (5%).

• Solid foundation of statistics and statistical analysis.
• Extensive experience of Statistical package, such as R.
• Deep Understanding of financial models and markets, including options and derivatives.
• Strong analytic and problem-solving skills.
• Proficient programming skills: R, SQL, Python, Microsoft Office.
• Knowledge of Artificial Intelligence and Machine Learning is preferred.
• Highly organized, detail oriented and good coordination skills to manage numerous inputs and data sources.
• Strong verbal and written communication and presentation skills.
• Work independently as well as collaboratively.

• Bachelor Degree in Economics/Econometrics or related quantitative field (mathematics, physics, chemistry, computer science, finance).
• Master Degree in Financial Engineering or other quantitative field preferred.

Valley National Bank is an Equal Opportunity / Affirmative Action Employer. All qualified applicants are encouraged to apply, and will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or other legally protected characteristics, and will not be discriminated against on the basis of disability.