Federal Home Loan Bank of Pittsburgh · 23 hours ago
Model Validation Intern
Pittsburgh, PA
Internship
Hybrid
InternFederal Home Loan Bank of Pittsburgh offers a 12-week paid internship program aimed at providing students with hands-on work experience in the banking industry. The Model Validation Intern will perform inspections of EUCs, assist in model validation work, and contribute to the MRM’s Python toolbox for automating tasks and analyses.
FinanceBankingProperty & Casualty InsuranceFinancial ServicesInsurance
Responsibilities
Perform inspection of EUCs and document their review through inspection forms. This includes both M-EUCs related to model validations as well as High Risk EUCs sampled by Enterprise Risk Management for supplemental inspection
Assist in components of model validation work with the supervision of MRM manager and analysts
Assist in testing and potentially contributing to MRM’s Python toolbox used for automating MRM tasks/analyses and providing benchmark results for model validation purposes
Qualification
Required
Students must be enrolled in an accredited four-year institution and have completed at least their sophomore year with a minimum GPA of 3.0
Students must be pursuing a relevant field of study (e.g., finance, mathematics, statistics/machine learning, data science/analytics or other related fields) and have the ability to work, at a minimum, May/June through August of the internship year
Experience in Python programming
Familiarity with basic quantitative finance and accounting concepts (PV cash flows, durations, financial ratios, etc.)
Skilled in Microsoft Excel and general statistical concepts
Preferred
Preferred experience with machine learning and advanced statistical modeling
Knowledge of SQL or similar query languages
Familiarity with GitHub and VS Code
Company
Federal Home Loan Bank of Pittsburgh
FHLBank Pittsburgh provides reliable funding and liquidity to its member financial institutions, which include commercial and savings banks, community development financial institutions, credit unions and insurance companies in Delaware, Pennsylvania and West Virginia.
Founded in 1932
201-500 employees
H1B Sponsorship
Federal Home Loan Bank of Pittsburgh 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
2025 (12)
2024 (9)
2023 (7)
2022 (11)
2021 (2)
2020 (8)
Funding
Current Stage
Growth StageLeadership Team
Winthrop Watson
CEO
David Paulson
CFO and Managing Director Capital Markets
Recent News
2026-01-11
Company data provided by crunchbase