Functions - Quantitative Risk Management, Summer Analyst, Buffalo - USA, 2027

Summer Analyst, Quantitative Risk Management (Risk Management)

Citi is looking for Summer Analysts to join the Risk Management team in our Buffalo office. As part of the Risk summer program, your work can have an immediate impact. Citi Risk Management is a strategic business partner and works closely with global management teams across the firm.

Program Overview

The Quantitative Risk Management Summer Analyst program is a 10-week developmental program that introduces Masters students to Risk Management through diversified experiences. Through placement on one of the Risk teams, you will have the opportunity to work on challenging and impactful projects, assess risk, develop business acumen, build leadership skills, and deepen your technical and analytical ability.

The program provides a fundamental understanding of risk management, risk governance, and risk best practices. You will learn about Citi’s business operations and the risks it manages. You will also gain a broad understanding of how a portfolio of Risk is managed in a global financial institution using various measurement techniques, including VaR, stress-testing, and scenario analysis. Quantitative Risk Analysts will learn about the risks and rewards from individual financial instruments.

Roles and Responsibilities

You will be assigned to a specific role within one of the Risk disciplines, including Central Governance, Treasury Risk Management, Global Market Risk, Model Risk Management, and Quantitative Risk & Stress Testing. Summer Analysts work closely with management teams, receive mentorship from senior leaders and peers, and are given the opportunity to add value to the risk organization and the firm through responsibilities structured to respond to increasing regulatory, quantitative, and technical demands.

This program is aligned with Citi Risk objectives and structured for completion within a two-month period.

What We’re Looking For

You may be a great fit if you:

• Are currently pursuing a Master’s in Engineering, Science, Technology, or Mathematics (Graduating between December 2027 and May 2028)
• Have 0–2 years of significant, related work experience
• Possess a strategic and analytical mindset with a global perspective and excellent judgment
• Are willing to take initiative, offer creative solutions, and step out of your comfort zone
• Have resiliency to work in an environment of change and competition, and are familiar with process improvement
• Are committed to excellence with a sense of urgency and excitement
• Have proficiency in analytical, coding, or data mining tools (e.g., SAS, SQL, R, Python, Hadoop, Spark, MATLAB, Tableau, Power BI)
• Are technologically proficient in Excel, Word, and PowerPoint
• Have strong written and verbal communication and presentation skills
• Are able to build and maintain excellent business relationships

Additional Fit

• Enjoy statistical analysis for projects and data/modeling validation
• Solve problems through statistical and non-statistical data exploration and can identify data quality issues
• Are willing to reinforce the firm’s Risk Management goals and objectives, ensure Citi’s safety and soundness, enhance capabilities in the focus segment, and continue to make Citi a great place to work
• Take initiative, ask questions, are eager to learn, have a growth mindset, and want to build leadership skills

Compensation

Salary: $75,000

Job Details

• Job Family Group: Management Development Programs
• Job Family: Intern
• Time Type: Full time
• Primary Location: Getzville, New York, United States
• Primary Location Full Time Salary Range: $60,000.00 - $110,000.00
• Anticipated Posting Close Date: Sep 09, 2026

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.