State Street · 1 day ago
State Street - Model Risk Management - Quantitative Analyst Summer Internship 2026
Boston, MA
Internship
Onsite
Intern
$42K/yr - $65K/yr
Start in 2026 SummerState Street is a global financial institution that helps institutional investors manage risk and drive performance. In this internship role, you will work closely with a team to modernize model risk management functions, gaining hands-on experience and mentorship while contributing to the team's success.
BankingFinanceFinancial Services
Responsibilities
Work closely with a small team focusing on modernizing model risk management functions within a large financial institution
Own specific tasks and projects and gain hands-on experience while contributing to the team’s success
Exercise judgment on how to perform tasks with close guidance and mentorship aimed at helping you grow
Build strong working relationships with peers and supervisor and gain valuable experiences in a professional environment
Qualification
Required
Candidates should be final-year undergraduate students pursuing degrees in Computer Science, Software Engineering, Data Science or related technical disciplines
Demonstrated experience in Python, JavaScript, and C++ with the ability to develop, test, and maintain applications using these languages
Proficiency in developing Generative AI and agentic AI applications, including designing, implementing, and deploying advanced AI models and autonomous agents that solve real-world problems, is required. Candidates should be able to demonstrate hands-on experience with relevant frameworks and tools and possess a strong understanding of the underlying architectures and ethical considerations in AI development
Hands-on experience with Microsoft Azure, including deploying, managing, and monitoring cloud-based solutions within the Azure platform
Preferred
Experience in application development with a strong emphasis on designing and implementing intuitive, user-friendly interfaces
Strong data analytics skills, including the ability to interpret complex datasets, utilize data visualization tools, and apply statistical methods to derive business insights and inform decision-making. Experience with platforms such as Power BI, Tableau, or similar analytics software
Experience in database management, including designing, implementing, and maintaining relational and non-relational databases to ensure data integrity and security
Benefits
Our retirement savings plan (401K) with company match
Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
Access to our Employee Assistance Program
Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
Eligibility for certain tax advantaged savings plans
Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Vibrant employee networks that keep you connected to what matters most
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
Founded in 1792
10001+ employees
H1B Sponsorship
State Street has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
2026-02-04
2026-02-04
Company data provided by crunchbase