Quantitative Services Summer Intern - Graduate Level

About the position

The Quantitative Services Summer Internship at London Stock Exchange Group (LSEG) is designed for penultimate-year graduate students interested in a career in quantitative finance. Interns will work within the Quantitative Services team of the Post Trade Solutions division, contributing to the development of risk management solutions and gaining hands-on experience in a dynamic financial environment.

Responsibilities

• Contribute to the development of Open-Source Risk Engine (ORE).
• Assist in the infrastructure of the IM Risk Generation (IMRG) service.
• Translate client portfolios into ORE XML format.
• Utilize ORE to calculate risk (VaR, SIMM, etc.) on client portfolios.
• Collaborate with cross-functional collateral management and risk teams to create financial applications.

Requirements

• Must be in the penultimate year of graduate study with a predicted PhD or master's degree in Math, Physics, Financial Engineering, or other quantitative fields.
• Proficiency in Python and C++.
• Familiarity with Git and LaTeX.
• Functional knowledge of stochastic models/SDEs, such as Ornstein-Uhlenbeck/Hull-White model and Black-Scholes model.
• Knowledge of financial derivatives and related risks.
• Ability to manage tasks and meet deadlines.

Nice-to-haves

• Interest in Quantitative Finance.

Benefits

• Healthcare
• Retirement planning
• Paid volunteering days
• Wellbeing initiatives