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1 2024 Model Development Officer Internship Dallas Job in Dallas, TX

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Comerica Bank
Dallas, TX | Full Time
$54k-71k (estimate)
9 Months Ago
2024 Model Development Officer Internship Dallas
Comerica Bank Dallas, TX
$54k-71k (estimate)
Full Time | Banking 9 Months Ago
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Comerica Bank is Hiring a 2024 Model Development Officer Internship Dallas Near Dallas, TX

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.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$54k-71k (estimate)

POST DATE

08/11/2023

EXPIRATION DATE

06/01/2024

WEBSITE

comericabanktower.com

HEADQUARTERS

DALLAS, TX

SIZE

7,500 - 15,000

FOUNDED

1973

CEO

RALPH W BABB JR

REVENUE

$3B - $5B

INDUSTRY

Banking

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