State Street Enterprise Risk Management - Credit Risk Analytics Internship - Summer 2026
Stamford, CT
Internship
Onsite
$42K/yr - $65K/yr
Intern
State Street is one of the largest custodian banks and asset managers in the world, and they are seeking a Credit Risk Analytics Intern for the summer of 2026. The intern will collaborate with the Credit Risk Analytics team to design AI-powered solutions and enhance credit risk models while gaining hands-on experience in the financial services industry.
Responsibilities
Enhancing credit risk models in collaboration with the modeling team and credit risk officers
Managing Capital Stress Testing processes and outputs for the credit risk workstream, which directly impacts capital ratio analysis
Managing the quarterly Current Expected Credit Loss (CECL) production to estimate reserve for State Street’s credit risk portfolio and ensure reserve adequacy
Setting risk appetite and early warning indicators for credit risk
Driving automation and advanced analytics (AI) to improve efficiency and insight in credit risk management
Collaborate with the Credit Risk Analytics team, Credit Risk Officers, and ERM Library team to design and develop AI-powered solutions that provide actionable credit risk insights and enable process automation
Create user-friendly interfaces (UI) that make AI tools easy to access and use for stakeholders on an ongoing basis
Work on scalability under the guidance of the ERM Library team to enable AI tool application to grow and adapt for future needs
Participate in testing and validation of AI models and UI components to ensure reliability and compliance with risk management standards
Document your great work to facilitate knowledge sharing and continuous improvement of AI solutions
Qualification
Required
Education Degree in Computer Science or a related field
Intellectual curiosity about the financial industry, credit risk, and cutting-edge AI solutions
Strong analytical mindset with the ability to work with large data
Strong communication skills
Attention to detail
Preferred
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
Paid volunteer days
Matching gift programs
Access to employee networks
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
