Model Risk Intern

Upgrade’s Model Risk Management team plays a critical role in ensuring the integrity and reliability of the machine learning/statistical models used across the company. As a part of Upgrade’s risk function, we provide effective and independent challenges to assess, validate, and mitigate risks related to model development and usage, ensuring they align with regulatory standards and best practices. As a Model Risk Intern, you will be reporting to the Director of Model Risk Management and you will gain experience in identifying model risks and strengthening model robustness and performance.

Schedule: Full Time (3 month duration) Start date June 2nd

What You’ll Do:

• Review and validate statistical/machine learning models
• Review model methodology, data process, outcome analysis to identify gaps and improve on model performance
• Participate in model validation report analysis and write-ups

What We Look For:

• Pursuing an advanced Degree (MS/PhD) in Statistics, Mathematics, Data Sciences or a related quantitative discipline
• Deep understanding in probability, machine learning, and statistical modeling
• Proficient in Python. Experience with SQL is a plus
• Detail oriented and strong analytical skill set
• Proactive, driven, and ability to work in a fast-paced environment

What We Offer You:

• Paid internship providing valuable experience
• Remote work
• Invaluable experience working within an exciting, high-growth fintech company
• Direct mentorship and learning opportunities from experienced professionals
• Opportunity to contribute meaningfully to key initiatives and see the direct impact of your work