What are the responsibilities and job description for the Quantitative Risk Management Year-Round Intern position at CME Group?
Quantitative Risk Management Year-Round Intern
CME Group is currently looking for a Quant Risk Mgmt year-found intern.
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.
Skills / Software Requirements :
- Strong quantitative and analytical background.
- Excellent programming, communication, and documentation skills.
- Knowledge of financial markets.
- Knowledge in advanced quantitative risk modeling and knowledge of statistical models in risk management preferred.
- Knowledge in advanced derivatives modeling and knowledge of volatility models preferred.
- Experience with programming languages such as C / C#, Python, R, VBA, and SQL is also required.
Education :
Other Requirements
CME Group is committed to offering a competitive pay package for our employee interns. The annualized salary range typically applicable to our intern roles is $48,200-$80,400. Actual pay offered will be dependent on a wide array of factors including but not limited to : relevant experience, skills, education, location of the internship, and the internship area of focus. Through our Benefits program, we offer our employee interns the opportunity to participate in select offerings. This includes our comprehensive health coverage and a mental health benefit.
CME Group : Where Futures are Made
CME Group is the world's leading and most diverse derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it - all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we're looking for more.
At CME Group, we embrace our employees' diverse experiences, cultures and skills, and work to ensure that everyone's perspectives are acknowledged and valued. As an equal opportunity employer, we recognize the importance of a diverse and inclusive workplace and consider all potential employees without regard to any protected characteristic.
Important Notice : Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.
Salary : $48,200 - $80,400
