INTERNSHIP DETAILS

College Intern - Model Risk Management

CompanyFrost
LocationSan Antonio
Work ModeOn Site
PostedMay 14, 2026
Internship Information
Core Responsibilities
The intern will analyze financial, statistical, and behavioral models to assist with validations and annual reviews. They will also participate in model governance activities to ensure compliance with regulations such as SR 11-7.
Internship Type
part time
Company Size
5112
Visa Sponsorship
No
Language
English
Working Hours
40 hours
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About The Company
Frost provides banking, investments, and insurance services to businesses and individuals throughout Texas. Founded in 1868, Frost is now one of the 50 largest U.S. banks by asset size. Since the beginning, we have been committed to making people’s lives better — our clients and our coworkers. When you work at Frost, it’s about more than a job. It’s about creating and delivering great experiences every time we interact with one another. It’s about teamwork, collaboration, and a commitment from everyone involved. It’s about the person who greets our clients at the door to those developing the latest technology to help us serve our customers in ways no other bank can. It’s about banking on our values to provide excellent customer service and fulfilling careers with competitive compensation, generous benefits, and a healthy work-life balance. And it shows. It’s why we’ve been named No. 1 in Texas for Consumer Banking Customer Satisfaction by J.D. Power for 16 years in a row. For J.D. Power 2025 award information, see: jdpower.com/awards. Visit our careers page to search for open positions and become a part of the Frost family: https://careers.frostbank.com Frost is an Equal Opportunity Employer and does not discriminate on the basis of any protected trait, including sex, sexual orientation, gender identity, race, ethnicity, disability, or veteran status. For more information on our social media policies, please visit frostbank.com/social.
About the Role

Job Description

It’s about finding a job that feels like home.

Are you a natural go-getter who loves a challenge? Do you have a thirst for knowledge inside and outside the classroom? Are you ready to put theory into practical application? Does exploring numerous career possibilities excite you? If so, our internship program might be a great fit!

At Frost, it’s about more than a job. It’s about having a flourishing career where you can thrive, both in and out of work. At Frost, we’re committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you’ll become part of Frost’s over 150-year legacy of providing unparalleled financial services.

Who you are:

As our College Intern - Model Risk Management, you’ll be exposed to various executives and lines of business throughout the organization. By building relationships and tackling numerous projects you will gain various skills and connections to add to your resume. Here, you’ll have the freedom and flexibility to experience life in the corporate world while continuing your education.

What you’ll do:

  • Analyze varying financial, statistical, and behavioral models to assist model validations and annual reviews

  • Monitor the risk of models to determine if it is in line with Frost’s risk strategy

  • Participate model governance activities, such as reviewing controls, risk assessments and documentations, to ensure the bank’s compliance with all regulations, especially SR 11-7

  • Gain experience with a corporation that provides a full range of services in banking, brokerage and investments to acquire a deeper understanding of the financial industry

  • Perform meaningful work to get valuable experience and further Frost as an organization

  • Always take action using Integrity, Caring, and Excellence to achieve all-win outcomes

What you’ll need:

  • Currently pursuing an Undergraduate or Masters degree in a quantitative field

  • Ability to work in a part-time capacity year-round

  • Minimum GPA of 3.0 confirmed by transcript

  • Strong organizational skills

  • Time management skills

  • Strong written and verbal communication skills

Since 1868, Frost has dedicated their expertise to provide exceptional banking, investment, and insurance services to businesses and individuals throughout Texas. Frost is one of the 50 largest U.S. banks by asset size and is a leader in banking customer satisfaction. At Frost, it’s about being part of something bigger. If this sounds like you, we encourage you to apply and see what’s possible at Frost.

Key Skills
Financial ModelingStatistical ModelingBehavioral ModelingModel ValidationModel GovernanceRisk AssessmentRegulatory ComplianceOrganizational SkillsTime ManagementWritten CommunicationVerbal Communication
Categories
Finance & AccountingData & AnalyticsScience & Research
Benefits
Competitive SalariesOutstanding Benefits Package