CME Group is a diverse derivatives marketplace that manages risk and captures opportunities. They are seeking a Quantitative Risk Management Intern to assist in developing risk and pricing models and perform statistical analyses related to counter-party exposures.
Responsibilities
Assist in developing risk and pricing models that evaluate counter-party exposures to the Clearing House
Models related to pricing, Value-at-Risk, stress testing, liquidity, and regulatory capital
Developing tools for portfolio analytics (e.g. sensitivities, risk reports, and margin adequacy)
Perform the back testing and statistical analyses required to ensure the adequacy of margins and to justify model assumptions
Qualification
Required
Strong quantitative and analytical background.
Excellent programming, communication, and documentation skills.
Knowledge of financial markets.
Experience with programming languages such as C++/C#, Python, R, VBA, and SQL.
Bachelor or Masters in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline.
To apply for this year-round internship applicants must be in education with more than 6 months to completion.
Fully On-Site - able to come into the CME Group New York office (located at 300 Vesey St, New York, NY 10282).
Able to work 40 hours per week during summer term.
Preferred
Knowledge in advanced quantitative risk modeling and knowledge of statistical models in risk management
Knowledge in advanced derivatives modeling and knowledge of volatility models
Comprehensive health coverage
Mental health benefit
CME Group is a diverse derivatives marketplace that manages risk and capture opportunities.
