At a Glance
- Tasks: Support research in AI and quantitative analysis for regulatory capital and risk data.
- Company: Join ISDA, a leader in financial risk and regulatory capital solutions.
- Benefits: Gain hands-on experience, develop skills, and network with industry professionals.
- Other info: Collaborative environment with opportunities for skill development and visibility on key projects.
- Why this job: Make an impact in finance while exploring cutting-edge AI techniques.
- Qualifications: Must be studying or recently graduated in a quantitative field with AI knowledge.
The predicted salary is between 20000 - 30000 £ per year.
The Risk and Capital Function works with members, regulators, policy makers and other standard setting bodies to develop an industry position and leverages in‑house technology to provide analysis and advice on risk, margin and regulatory capital issues in the cleared and uncleared derivatives market. Quantitative analysis and technological efficiency are critical for ISDA both in terms of meeting contractual and business requirements, including the development of fact‑based advocacy.
As part of the Capital team, the Benchmarking initiative has been developed to provide a framework that supports regulators’ objectives for benchmarking capital models, makes participating in benchmarking a value proposition for ISDA members, and has developed tools and data standards that promote efficiencies for firms participating in benchmarking exercises.
ISDA is looking for an intern to support research and development work at the intersection of regulatory capital, quantitative analysis, data science and AI‑enabled analytics. The role will focus on exploring how modern analytical and AI techniques can support the aggregation, review and analysis of regulatory disclosures and benchmarking datasets across areas such as market risk, counterparty credit risk and regulatory capital.
The successful candidate will help assess potential approaches, build practical AI‑enabled solutions and contribute to recommendations on how AI could be used to improve scalability, consistency and accuracy. The role requires strong quantitative skills, practical knowledge of AI techniques and an interest in financial risk and regulatory capital.
Duties and Responsibilities:
- The candidate must have current knowledge of AI techniques, which they will be asked to apply to analyze the regulatory disclosures.
- Support research and development of scalable analytics capabilities for regulatory capital and risk data.
- The candidate will need to be comfortable processing and comparing large data sets using AI.
- The research will be presented to senior members of the Risk and Capital team at ISDA.
- The candidate will have visibility on other projects of the Risk & Capital team and might be asked to contribute as well.
- The work will provide the intern with genuine opportunities to acquire skills in the following areas: Counterparty Risk, Market Risk, Data science, Report writing and presentation skills.
- Respect and promote the ISDA corporate values.
Qualifications:
- Must be currently enrolled or freshly graduated in a Master university program in a quantitative subject (e.g. Mathematics, Quantitative Finance, Engineering, Computer Sciences).
- Practical experience with AI techniques, large language models, AI or workflow automation.
- Strong quantitative, data science / analysis and problem‑solving skills. Interested in finance and derivatives.
- Excellent written and verbal communication skills.
- Eagerness to tackle new projects, do self‑research as well as work collaboratively with ISDA staff.
Risk and Capital Intern – Quantitative Research and AI employer: International Swaps and Derivatives Association, Inc.
ISDA is an exceptional employer located in the heart of London, offering a dynamic work culture that fosters innovation and collaboration. As a Risk and Capital Intern, you will have the opportunity to engage with cutting-edge AI techniques and quantitative analysis while contributing to meaningful projects that shape the future of financial regulation. With a strong emphasis on employee growth, ISDA provides valuable mentorship and exposure to senior professionals, ensuring that your internship experience is both rewarding and impactful.
Contact Details:
International Swaps and Derivatives Association, Inc. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Risk and Capital Intern – Quantitative Research and AI
✨Tip Number 1
Network like a pro! Reach out to professionals in the risk and capital field on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Show off your skills! Prepare a portfolio or a project that highlights your quantitative analysis and AI techniques. This will give you an edge during interviews and show you're ready to tackle real-world problems.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your thoughts on regulatory capital and risk management, as well as your experience with data science.
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative. Plus, it shows you're genuinely interested in joining our team at ISDA.
We think you need these skills to ace Risk and Capital Intern – Quantitative Research and AI
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Risk and Capital Intern. Highlight your quantitative skills, any relevant AI experience, and your interest in financial risk. We want to see how you fit into our world!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this internship and how your background aligns with our needs. Be genuine and let your personality come through – we love that!
Showcase Your Projects:If you've worked on any projects related to AI or quantitative analysis, make sure to mention them. We’re keen to see how you’ve applied your skills in real-world scenarios, so don’t hold back!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at International Swaps and Derivatives Association, Inc.
✨Know Your Quantitative Stuff
Make sure you brush up on your quantitative skills before the interview. Be ready to discuss your experience with data analysis, AI techniques, and any relevant projects you've worked on. This role is all about numbers and models, so showing your expertise will definitely impress them.
✨Show Your Passion for AI and Finance
Demonstrate your enthusiasm for both AI and the financial sector. Talk about any personal projects or research you've done in these areas. They want to see that you're not just qualified, but genuinely interested in how AI can transform risk and capital management.
✨Prepare for Technical Questions
Expect some technical questions related to AI techniques and quantitative analysis. Brush up on concepts like large language models and workflow automation. Practising how to explain these topics clearly will help you stand out as a candidate who can communicate complex ideas effectively.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask thoughtful questions about the team’s current projects or the future of AI in regulatory capital. This shows that you’re engaged and eager to contribute. Plus, it gives you a chance to learn more about the company culture and expectations.
