Mphasis

AI for Financial Services Intern

InternshipIn OfficeVaranasi, Uttar Pradesh4 months28K/mo8 openingsImmediate / Rolling

About this internship

Mphasis is hiring an AI for Financial Services Intern in Varanasi — a hands-on, mentor-led internship built for students and 2026 freshers who want real exposure to AI in banking and financial services rather than a certificate-only programme. About the role As an AI for Financial Services Intern…

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Skills you'll use

PythonMachine LearningFraud & Anomaly DetectionCredit Risk BasicsSQLModel Explainability (SHAP)Regulatory AwarenessFeature EngineeringModel ValidationBusiness Communication

What you'll do

Work on applying AI to fraud, credit and customer problems where a wrong answer costs money alongside the core team
Apply Python, Machine Learning, Fraud & Anomaly Detection, Credit Risk Basics 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, MCA, M.Sc (Statistics / Data Science) or MBA (Finance / Analytics)
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, Machine Learning, Fraud & Anomaly Detection (or a genuine willingness to learn them)
Exposure to Credit Risk Basics, SQL, Model Explainability (SHAP) 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 Varanasi, Uttar Pradesh or willing to work from there for the internship period

Perks & benefits

Exposure to professional tools and workflowsPre-Placement Offer (PPO) opportunityFlexible working hoursNetworking with senior professionalsInternship Certificate

Interview & selection process

2 rounds — typical selection flow for this role:

1Application screening & resume shortlisting by the talent team
2Online aptitude / domain assessment

About Mphasis

Mphasis operates in the it services & consulting sector and has an active presence in Varanasi. 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…

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