Model and Credit Risk Intern

Your Journey at Crowe Starts Here:

At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an impact. We embrace you for who you are, care for your well-being, and nurture your career. Everyone has equitable access to opportunities for career growth and leadership. Over our 80-year history, delivering excellent service through innovation has been a core part of our DNA across our audit, tax, and consulting groups. That's why we continuously invest in innovative ideas, such as AI-enabled insights and technology-powered solutions, to enhance our services. Join us at Crowe and embark on a career where you can help shape the future of our industry.

Job Description:

As a Model and Credit Risk professional in Crowe's Consulting Practice, you will be focused on helping clients resolve business needs through analyzing their risk and control environment, evaluating compliance with regulatory requirements, along with defining, developing, and implementing business processes, and controls, and technology solutions.

Our Model and Credit Risk team members work very collaboratively within and across teams based on our clients' specific issues and needs.

Models are essential tools that help organizations measure risk, meet regulatory requirements, and make smarter, faster decisions. Our model risk management team ensures these models operate effectively and align with regulatory expectations. As part of this team, you will support clients in strengthening their model risk management programs by validating, assessing, and testing model components-identifying gaps, weaknesses, and areas for improvement to mitigate risk and enhance decision-making.

At Crowe, we empower you to take risks, to challenge yourself in specialized areas of consulting & technology, and to generate solutions that impact the firm and your professional growth. Crowe cultivates a creative company culture where you will have the opportunity to share your ideas and knowledge with clients from your very first day with the firm.

Expectations/Responsibilities:

• Develop governance frameworks (policies, standards, risk assessments) to assess, monitor, and manage model risk.

• Understand the client's business model and the risk characteristics of their loan and deposit portfolios.

• Assess the conceptual design, data sourcing and preparation, implementation, performance, and governance of the client's models.

• Apply quantitative knowledge to test model specification.

• Review machine learning and artificial intelligence models and their use cases.

• Create and deliver value-added reports and projects through strong deliverables that simplify complex issues and enable effective and efficient risk management for our clients.

• Collaborate and develop partnerships with clients, prospects, colleagues, and communities.

• Innovate new ideas and solutions to address existing and emerging areas of risks.

• Exhibit strong communication skills when consulting with senior management, C-Suite client personnel, and government regulators

• Learn and work well both in a team environment and independently.

• Adapt to continuously changing risk environments and effectively manage time

• Demonstrate intellectual curiosity to enable a deeply specialized skill set

• Adapt to continuously changing risk environments and effectively managing time.

• Strong analytical, critical thinking, and problem-solving skills

• Have a moderate understanding of Banking and Finance.

• Capable of working in a demanding, deadline-driven environment

• Proficiency in Microsoft Office Suite applications with specific emphasis on Word, Excel, and PowerPoint

• Utilize data analytics applications like PowerBI and/or Tableau and programming languages (e.g., SAS, R, Python, etc.) (preferred)

• Desire to sit for and obtain a firm supported certification (e.g., FRM, CRCM, CFA, etc.)

• Willingness to travel up to 25% or more annually

Education:

Outstanding academic performance in one of following preferred majors or similar background:

• Actuarial Science

• Business/Data Analytics

• Economics

• Financial Engineering

• Engineering

• Finance

• Statistics/Mathematics

We expect the candidate to uphold Crowe's values of Care, Trust, Courage, and Stewardship. These values define who we are. We expect all of our people to act ethically and with integrity at all times.

Our Benefits:
Your exceptional people experience starts here. At Crowe, we know that great peopleare what makes a great firm. We care about our people and offer employees a comprehensive total rewards package. Learn more about what working at Crowe can mean for you!

How You Can Grow:
We will nurture your talent in an inclusive culture that values diversity. You will have the chance to meet on a consistent basis with your Career Coach that will guide you in your career goals and aspirations. Learn more about where talent can prosper!

More about Crowe:
Crowe (www.crowe.com) is one of the largest public accounting, consulting and technology firms in the United States. Crowe uses its deep industry expertise to provide audit services to public and private entities while also helping clients reach their goals with tax, advisory, risk and performance services. Crowe is recognized by many organizations as one of the country's best places to work. Crowe serves clients worldwide as an independent member of Crowe Global, one of the largest global accounting networks in the world. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.

Crowe LLP provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Crowe LLP does not accept unsolicited candidates, referrals or resumes from any staffing agency, recruiting service, sourcing entity or any other third-party paid service at any time. Any referrals, resumes or candidates submitted to Crowe, or any employee or owner of Crowe without a pre-existing agreement signed by both parties covering the submission will be considered the property of Crowe, and free of charge.

Crowe will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws. Please visit our webpage to see notices of the various state and local Ban-the-Box laws and Fair Chance Ordinances, where applicable.