Intern- Risk Analyst, Model Risk Management
Salt Lake City, UT 
Posted Today
Job/Internship Description

Risk Analyst Intern, Model Risk Management

2024 Paid Summer Internship - Model Risk Management

Mid May - Mid August

This internship is not eligible for relocation assistance. Local candidatespreferred.

Zions Bancorporation is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the "Best Banks to Work For" and as having a top banking team in its list of "The Most Powerful Women in Banking." Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a "local" business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

Zions Bancorporation has an excellent opportunity available for a Risk AnalystIntern in our Corporate Risk Department. The intern will be assigned as a junior resource on one or more (depending on timing) formal model validation projects. Models could relate to credit risk, accounting valuations, interest rate risk, and other areas- the intern will be asked for input.

Under the direction of a lead validator, the intern will thoroughly familiarize themselves with the detailed mechanics of one of the Bank's quantitative models. They will participate in drafting a validation plan containing specific analytical steps that will be taken to "challenge" the model (e.g., creating or replicating back-testing and sensitivity analysis, running statistical diagnostic tests on the model, reviewing the model's orthodoxy within the banking industry, exploring alternate model forms). They will assist in executing all steps of the validation plan, including direct interaction with model owners. They will propose issues which should be followed up on and will author a report summarizing their completed work.

Please create a cover letter listing your degree and describing your skills and experience using statistical modeling software tools such as SAS or other programs.


  • Currently pursuing a bachelor's or master's degree in Statistics, Finance, Management Information Systems, Computer Science, Engineering, or other related fields.
  • Basic understanding of data science programming languages, such as R, SAS, and Python.
  • Familiarity with databases and structured query language (SQL) is a plus.
  • Must be organized and self-motivated.

Zions Bancorporation's Internship and Banker Development Program positions are not eligible for employment visa sponsorship (e.g., H-1B visa). This includes, for example, situations where a candidate may have temporary work authorization while enrolled in school or upon graduation (e.g., CPT, OPT) but would need H-1B visa sponsorship within a few years of employment in order to maintain employment eligibility.


Position Summary
Zions Bancorporation
Start Date
As soon as possible
Employment Type
Full Time
Period of Employment
Type of Compensation
Salary and Benefits
College Credits Earned
Tuition Assistance
Required Student Status
Preferred Majors
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