New York City, NY, United States
Feb 08, 2023
Great opportunity for a Summer internship; The Quantitative Risk Management Intern will assist in developing risk and pricing models that evaluate counter-party exposures to the Clearing House. This includes models related to pricing, Value-at-Risk, stress testing, liquidity, and regulatory capital, and also developing tools for portfolio analytics (e.g. sensitivities, risk reports, and margin adequacy). The intern will also perform the back testing and statistical analyses required to ensure the adequacy of margins and to justify model assumptions
Studying in Quantitative Finance, Statistics, Mathematics, Computer Science, Physics, or a relevant scientific field.
Strong demonstrable knowledge of pricing complex derivatives and performing advanced statistical analysis on underlying risk factors.
Academic experience in probability theory, statistics, and stochastic processes.
Experience providing theoretical justifications of risk models.
Experience with programming languages such as C /C#, Python, R, VBA, and SQL is essential.
To apply for this summer internship applicants must be in education with more than 3 months to completion. Preference will be given to Masters students
CME Group is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long-term investment in their future. The salary range for this role is $35/hr - $44/hr. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant).
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