Job Description

FHLBank Pittsburgh offers 12-week paid internships as a part of its talent acquisition strategy. Talented students are provided with the opportunity to gain hands-on work experience, explore their career interests and broaden their professional network while helping FHLBank Pittsburgh achieve its business objectives and strategic goals. The program is designed to offer a substantive experience by exposing talented students to the banking industry and our culture of development through clearly defined responsibilities and/or projects.

To promote collaboration and relationship building, FHLBank Pittsburgh operates in a hybrid model with employees in the office three days per week and remote two days per week.

The Model Risk Intern will:

• Serve as the primary inspector of End-User Computing tools and complete inspection forms
• Assist with automating model risk management tasks/analyses and perform ad hoc analysis in Python
• Participate in model validation report analysis and write-ups

Required Experience

• Students must be enrolled in an accredited four-year institution and have completed at least their sophomore year with a minimum GPA of 3.0
• Students must be pursuing a relevant field of study (e.g., finance, mathematics, statistics/machine learning, data science/analytics or other related fields) and have the ability to work, at a minimum, May/June through August of the internship year
• Familiarity with basic quantitative finance and accounting concepts (PV cash flows, durations, financial ratios, etc.)
• Skilled in Microsoft Excel and general statistical concepts
• Experience in Python programming
• Machine learning and advanced statistical modeling abilities and knowledge of SQL or similar query languages preferred

It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, religion, color, sex, national origin, age, disability status, genetic information, veteran's status, ancestry, sexual orientation or status as a parent as defined by applicable law. It is the Bank's policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities. FHLBank Pittsburgh

Job Tags

Work experience placement, Internship, Remote job, 2 days per week, 3 days per week,

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