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Intern-Risk Analyst, Model Risk Management

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Business Operations
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Enterprise Services
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065446 Requisition #

Risk Analyst Intern, Model Risk Management

2025 Paid Summer Internship

Mid-May – Mid-August

This internship is not eligible for relocation assistance. Local candidates preferred. 

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.

Did you know that Zions Bancorporation is one of the nation’s premier financial services companies with total assets exceeding $90 billion? With local management teams at the helm in 11 western states, Zions is dedicated to making a difference in their local communities. At Zions, we haven’t forgotten who keeps us in business, meaning we’re committed to the success of our customers, and our employees. Here, the possibilities are endless – come for a job, stay for a career.

Zions Bancorporation has an excellent opportunity available for a Risk Analyst Intern 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.

Qualifications:

  • 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.

 

This position will be open until filled.

 

To review our Benefits Summary click here.

 

All candidates, including those with criminal histories will be considered for employment. However, a background check adjudicated consistently with the FDIC Section 19 regulation will be completed on any candidate who accepts a conditional job offer from the Company. Because the Company is a financial institution, the FDIC guidelines apply to all positions within the company and as such any and all job duties have a direct relationship to a candidate’s criminal history and that criminal history would need to align with the FDIC Section 19 regulations.

 

Zions Bancorporation, National Association prohibits illegal discrimination and reaffirms its policy of providing Equal Employment Opportunity (EEO), by extending equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, protected veteran status, military service, sexual orientation, gender identity, genetic information or any other characteristic protected by applicable federal, state or local law.

 

It is the Company’s policy not to discriminate because of a person’s relationship or association with a protected veteran. This includes spouses and other family members. Also, Zions will safeguard the fair and equitable treatment of protected veteran spouses and family members with regard to all employment actions and prohibit harassment of applicants and employees because of their relationship or association with a protected veteran.

 

Applicants Requesting Accommodations: If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access our career site.  You can request reasonable accommodations by contacting us at careers@zionsbancorp.com or 801/844-7618.  Please email your resume/cover letter, indicate what position you are interested in and include "Accommodation needed" in the subject line to ensure your information is routed to the appropriate contact.

 

Click here to view our EEO Statement.

 

Click here to view applicable Federal, State and/or local employment law posters.

 

Click here to view our Pay Transparency Notice.

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