At a Glance
- Tasks: Join our team to develop and enhance financial models and automate testing processes.
- Company: Dynamic financial firm focused on innovation in quantitative research.
- Benefits: Gain hands-on experience, mentorship, and exposure to cutting-edge financial technologies.
- Other info: Collaborative environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in the finance world while honing your quantitative skills.
- Qualifications: MSc/PhD in a scientific subject with programming skills in C/C++ or Python.
The predicted salary is between 20000 - 30000 £ per year.
The Fixed Income Credit Research team is undergoing multiple innovation projects, looking to rebuild the pricing library and to automate further testing and bug detection. The team currently builds the financial product models in the new framework and prepares the migration of existing products from the legacy library. The intern will help to accelerate the migration and improve testing and reconciliation capabilities including the usage of AI when possible.
Main responsibilities:
- Develop, implement and assess models used for pricing and risk management of structured credit and hybrid derivatives available in the trading books.
- Improve unit and regression testing in our C++ library.
- Develop quantitative research and analysis for financial pricing and hedging strategies.
- Keep abreast of cutting-edge approaches and best practices in the field of numerical simulation and mathematical models.
- Provide support on existing Front Office pricing architecture.
- Systematically document work and provide a clear view of process assumptions and numerical approximations.
Key skills/experience:
- Mathematical, statistical and numerical skills (MSc/PhD) in a scientific subject.
- Programming skills in C/C++ or C# or Python.
- Knowledge in Financial Markets specifics.
- Knowledge of Summit is a plus.
Personal attributes:
- Motivated for Quant Research in Fixed Income Credit.
- Pragmatic with the right attitude and intellectual honesty.
- Strong problem-solving skills and risk consciousness.
- Good communication and presentation skills.
- Good team player.
- Ability to work on projects mostly independently with flexibility and creativity.
- To be able to communicate to the management in a clear and regular way on the progress of the various projects.
We think you need these skills to ace Intern - Quantitative Research, Fixed Income and Credit (12 months)
Mathematical Skills
Statistical Skills
Numerical Skills
Programming in C/C++
Programming in C#
Programming in Python
Knowledge of Financial Markets
