ESAF Small Finance Bank

Quantitative Analyst Intern

InternshipIn OfficeIndore, Madhya Pradesh4 months23K/mo6 openingsImmediate / Rolling

About this internship

ESAF Small Finance Bank is hiring a Quantitative Analyst Intern in Indore — a hands-on, mentor-led internship built for students and 2026 freshers who want real exposure to quantitative analysis and modelling rather than a certificate-only programme. About the role As a Quantitative Analyst Intern…

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Skills you'll use

PythonQuantitative ModellingStatistics & ProbabilityTime-Series AnalysisBacktestingNumPy & PandasRisk MetricsFinancial Markets BasicsSQLModel Documentation

What you'll do

Work on building and backtesting quantitative models against market or pricing data alongside the core team
Apply Python, Quantitative Modelling, Statistics & Probability, Time-Series Analysis to live, production-facing problems
Document your work clearly for reviewers and stakeholders
Participate in reviews and act on the feedback you receive
Collaborate across engineering, product, design or business as required
Follow the team's quality, testing and documentation standards

Who can apply

Pursuing or recently completed B.E./B.Tech, M.Sc (Mathematics / Statistics / Financial Engineering), MBA (Finance) or CFA-track
Graduating batch 2026, 2027 or 2028 — final-year students and recent graduates welcome
60% / 6.0 CGPA and above preferred; strong project work is considered alongside academics
Working knowledge of Python, Quantitative Modelling, Statistics & Probability (or a genuine willingness to learn them)
Exposure to Time-Series Analysis, Backtesting, NumPy & Pandas is an advantage
Clear written and verbal communication in English, and care with detail in your work
No prior work experience required — this is a fresher-friendly internship
Based in Indore, Madhya Pradesh or willing to work from there for the internship period

Perks & benefits

Internship CertificateLetter of RecommendationMentorship from a named mentorLive project experienceExposure to professional tools and workflows

Interview & selection process

2 rounds — typical selection flow for this role:

1Application screening & resume shortlisting by the talent team
2Discussion with the hiring manager on the role and your fit

About ESAF Small Finance Bank

ESAF Small Finance Bank operates in the small finance bank sector and has an active presence in Indore. Interns here are put on real work from the start, because the team's view is that the fastest way to learn a craft is to practise it under people who already do it well — not to watch it from a…

Visit ESAF Small Finance Bank’s official website ↗

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