Position Summary

Busey Bank is a growing financial institution, established over 150 years ago and operating in ten states, including Illinois and Kansas. We are seeking an initiative-taking Quantitative Risk Management Intern to join our Risk Management team for a summer internship. This temporary role is ideal for a candidate in a quantitative focused master's program, who is eager to apply quantitative and analytical skills to assess and manage financial risks in a banking environment.

As a Quantitative Risk Management Intern, your primary responsibility will be to support the organization's Enterprise Risk Management division to enhance its capabilities to support the Company's strategic priorities. Your summer internship will allow you to explore your in-the-class learnings and apply them in a real-world setting while learning from industry practitioners with broad experiences. You will be exposed to topics such as interest rate risk in the banking book, liquidity and funding risks, capital requirements, credit risks, and financial crimes risks (e.g. fraud, BSA/AML, etc.).

Duties & Responsibilities

Work with large historical data sets of bank asset and liability data to help develop and enhance current risk modeling and KRI/EWI tracking
Develop, enhance, and document risk modeling assumptions for market and liquidity risks
Conduct stress testing, scenario analysis, and sensitivity analysis to evaluate the impact of adverse economic conditions on modeling assumptions
Analyze asset and liability gap risk and duration risk for the banking book
Implement and improve risk metrics (e.g., Liquidity Coverage Ratio, NSFR, VaR, CVaR) and reporting frameworks
Research and collect market/economic data, monitoring emerging risk trends
Collaborate with teams across risk, finance, and regulatory compliance to ensure alignment with banking regulations and internal risk policies
Provide insights and recommendations to senior risk managers and business units based on quantitative analysis.

Location: Kansas City or Champaign-Urbana

Education & Experience

Education, Experience, And Skills Required

Bachelor's degree in economics, math, statistics, finance or a related area of study
Master's degree in finance, economics, quantitative finance, statistics, or a related field, or currently enrolled in a Quantitative master's program - finance, economics, or related area
0-3 years of experience in risk management, quantitative analytics, or financial modeling (internships and research projects considered).
Strong quantitative and analytical skills with experience in risk / financial modeling, statistical analysis, and data visualization.
Proficiency in programming languages such as Python, R, MATLAB, or SQL.
Proficiency in Microsoft Office, specifically Excel and PowerPoint.
Experience with business analytic tools (e.g., PowerBI, Tableau, etc.)
Experience leveraging AI agents for coding, model development and problem solving
Familiarity with statistics and risk concepts such as VaR, Expected Shortfall, Monte Carlo simulations, and Basel III regulations.
Effective communication skills with the ability to translate complex quantitative findings into actionable business insights.
Meticulous with strong problem-solving abilities and an initiative-taking mindset.
Ability to work independently and in a team
Customer Service - Adheres to The Busey Promise service standards set by Service Plus (Busey's service model) to anticipate and exceed the needs of our customers, both internal and external
Functional Knowledge and Technical Skills - Skilled in job-specific knowledge that is necessary to provide the appropriate quantity and quality of work in a timely and efficient manner
Accountability - Work behaviors demonstrate responsible personal and professional conduct, which contributes to the overall goals and objectives of Busey
Experience with financial databases such as Bloomberg, FactSet, or Reuters is a plus.

Benefits And Compensation

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $25/hourly)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being-now and in the years to come-are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies (\"Agency\"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings (\"Agreement\"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.

","

Position Summary

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Newsday Media Group is a locally owned, independent media company grounded in journalistic excellence, integrity, and commitment to the communities it serves. With 19 Pulitzer Prizes and dozens of Emmy Awards, it's one of the most decorated news organizations in the country.

The company is in the middle of a significant transformation, expanding from its newspaper roots into a multimedia operation spanning digital, video, podcasts, live events, and data-driven civic engagement. NMG properties include the flagship Newsday and Newsday.com, NewsdayTV, the Newsday Live events series, and nextLI, a civic research and community forum platform funded by The Rauch Foundation.

A new 130,000-square-foot headquarters in Melville features a broadcast-quality TV studio and multimedia production space. Newsday Live produces a growing calendar of food and wine tastings, author talks, sports Q&As, concerts, and community events. Feed Me, the company's food and dining vertical, includes a web series, quarterly print magazine, and restaurant coverage. Brand 360, the in-house content studio, partners with advertisers across healthcare, education, energy, tourism, and retail.

Newsday's investigative unit has driven real-world change, from prompting schools to replace unsafe football helmets to contributing reporting that led to federal corruption convictions. Community programs include the Newsday Marching Band Festival, CheerFest, Scholar-Artist honors, and partnerships with local nonprofits focused on hunger, housing, youth education, and child welfare.

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