Top Finance Jobs in Chicago, IL

Direct quantitative risk management for margin, clearing fund, stress testing, pricing, and derivatives models. Lead model development, validation remediation, performance monitoring, backtesting, volatility simulation enhancements, and new product assessments. Manage financial engineers and model developers, partner with technology, compliance, and validation teams, support production implementation, and present technical findings to leadership and regulators.

Supports quantitative risk management through development, testing, monitoring, and improvement of financial risk models used for margin, clearing fund sizing, and stress testing. Projects may include evaluating model assumptions, creating sensitivity metrics, researching advanced methodologies for equity price and volatility modeling, and improving Python code libraries. The intern collaborates with quantitative researchers, model validation teams, technology staff, and business stakeholders.

Supports quantitative risk management through model specification, impact analysis, P&L decomposition, backtesting exceedance attribution, performance monitoring, annual validation, and parameter review. The intern works with quantitative analysts on model development, monitoring, and research involving derivatives, stochastic calculus, statistics, econometrics, machine learning, and financial risk models.

Supports quantitative risk model performance monitoring through portfolio backtesting, metric implementation, documentation, analytics, and automation. Develops Python and Pandas scripts, writes SQL queries, assists with data analysis and visualization, participates in code reviews, and supports monitoring enhancements for new products and regulatory governance activities.

Supports internal audit and validation engagements through audit planning, fieldwork, control testing, process walkthrough documentation, findings documentation, and reporting. The intern reviews business-provided support, participates in meetings, and coordinates with engagement leads and supervisors. Assignments may cover cybersecurity and information technology audit areas.

Supports internal audit and validation engagements involving financial risk management and model risk management. Responsibilities include audit planning, fieldwork, control testing, process walkthrough documentation, assessing control design and operating effectiveness, documenting findings, reviewing business support, attending meetings, and coordinating with engagement leads and supervisors.

Seasonal intern supporting Model Risk Management by analyzing risk themes with statistical, econometric, and machine-learning methods; automating discrepancy and root-cause reporting; reviewing model remediation; and evaluating option implied-volatility modeling. The role requires financial mathematics knowledge, programming in R or Python, data analysis, and familiarity with derivatives pricing, stochastic calculus, statistics, probability, and linear algebra.

Supports Internal Audit engagements and validation work through audit planning, fieldwork, control testing, process walkthrough documentation, and reporting. Reviews business-provided evidence, documents control design and operating effectiveness, participates in meetings, coordinates with engagement leads and supervisors, and records findings or recommended enhancements. The internship is a 12-week hybrid summer program for enrolled undergraduate or graduate students pursuing accounting, finance, or a related field.

Supports accounts payable and receivable, month-end close activities, financial statement preparation, and cross-functional Accounting and Finance projects. The intern will also shadow budgeting and forecasting processes. This is a 12-week seasonal hybrid internship in Chicago for actively enrolled undergraduate or graduate students pursuing accounting or finance, with proficiency in Excel desired.

Supports enterprise operational risk management for business operations, corporate functions, and financial risks. Responsibilities include risk assessments, maintaining risk inventories and taxonomies, validating risk frameworks and systems, generating Archer reports, communicating assessment results, coordinating with control functions, supporting governance committees, maintaining risk methodologies and procedures, and tracking internal findings, regulatory issues, and business-identified risks.