National Payments Corporation of India (NPCI)

Market Risk Intern

InternshipHybridMumbai, Maharashtra4 months30K/mo6 openingsImmediate / Rolling

About this internship

Join National Payments Corporation of India (NPCI) in Mumbai as a Market Risk Intern. This entry-level internship is designed for students and recent graduates who learn best by building, shipping and getting real feedback on market risk work. About the role As a Market Risk Intern at National…

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Skills you'll use

Market RiskVaR & Stress TestingAdvanced ExcelFinancial MarketsStatisticsDerivatives BasicsPython or R BasicsScenario AnalysisRegulatory ReportingDocumentation

What you'll do

Work on measuring what a portfolio loses on a bad day, and how bad a bad day can plausibly get alongside the core team
Apply Market Risk, VaR & Stress Testing, Advanced Excel, Financial Markets 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.Com/M.Com, BBA/MBA (Finance), CA/CS/CMA (inter or final) or B.A. (Economics)
Graduating batch 2026 or 2027 — final-year students and recent graduates welcome
60% / 6.0 CGPA and above preferred; strong project work is considered alongside academics
Working knowledge of Market Risk, VaR & Stress Testing, Advanced Excel (or a genuine willingness to learn them)
Exposure to Financial Markets, Statistics, Derivatives Basics 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 Mumbai, Maharashtra or willing to work from there for the internship period

Perks & benefits

Flexible working hoursNetworking with senior professionalsInternship CertificateLetter of RecommendationMentorship from a named mentorStructured onboarding and a formal mentor at a large, established employer

Interview & selection process

3 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
3HR discussion — stipend, start date, expectations and offer

About National Payments Corporation of India (NPCI)

National Payments Corporation of India (NPCI) operates in the payments infrastructure sector and has an active presence in Mumbai. 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…

Visit National Payments Corporation of India (NPCI)’s official website ↗

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