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Clearing House Risk OTC Pricing & Valuation - Internship - Year Round

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CME Group

14d ago

  • Internship
    Full-time
    Off-cycle Internship
  • Data
    Banking & Finance
  • Chicago
  • Quick Apply

AI generated summary

  • You should have a Master's in Math Finance, Applied Mathematics, or Financial Engineering, 1-3+ years of relevant experience, and skills in Python, SQL, APIs, Tableau, and Google Cloud Workspace.
  • You will handle client pricing inquiries, manage daily OTC settlements, and independently engage in research projects.

Requirements

  • Master Degree preferred: Math Finance, Applied Mathematics, or Financial Engineering
  • 1 to 3+ Years Project or Work Relevant Experience
  • Python, SQL, APIs, Tableau, Google Cloud Workspace (Big Query, UDAP, etc)

Responsibilities

  • Addresses client pricing inquiry
  • Leads Daily OTC Settlement
  • Participates independently in research projects

FAQs

What is the job title for this internship?

The job title is Clearing House Risk OTC Pricing & Valuation - Internship - Year Round.

What are the main responsibilities of the internship?

The main responsibilities include assisting in the daily OTC settlement process, addressing client pricing inquiries, leading daily OTC settlements, and participating independently in research projects.

What type of products will I be working with?

You will be working with certain OTC products, including Financial and Commodities futures and options.

What level of education is preferred for this internship?

A Master's degree in Math Finance, Applied Mathematics, or Financial Engineering is preferred.

What technical skills are required for the role?

Required technical skills include proficiency in Python, SQL, APIs, Tableau, and Google Cloud Workspace (Big Query, UDAP, etc.).

Is prior work experience necessary for this position?

Yes, 1 to 3+ years of project or work relevant experience is required.

Where is this internship located?

The internship is located in Chicago.

Is this a full-time internship?

Yes, it is a year-round internship.

What kind of projects might I be involved in?

You may be involved in projects such as data mining, new product launching, settlement system design, and calibration.

What is CME Group?

CME Group is the world’s leading and most diverse derivatives marketplace, where you can impact markets worldwide and build a career by shaping tomorrow.

CME Group is the world’s leading derivatives marketplace

Finance
Industry
1001-5000
Employees
1848
Founded Year

Mission & Purpose

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world’s leading central counterparty clearing provider in the world, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.