FAQs
What is the primary role of a Quantitative Research Intern?
The primary role is to develop, implement, and assess models used for pricing and risk management of commodities derivatives, as well as conducting quantitative research and analysis for financial pricing and hedging strategies.
What qualifications are required for this internship?
Candidates should have mathematical, statistical, and numerical skills, ideally holding an MS or PhD in a scientific subject. Additionally, programming skills in C/C++, C#, or Python are required.
Is knowledge of specific financial markets required for this position?
Yes, knowledge of financial market specifics is essential for this role.
Are there any preferred skills or knowledge areas?
Yes, familiarity with Murex is considered a plus for candidates applying for this internship.
What programming languages should I be proficient in to apply?
Proficiency in C/C++, C#, or Python is required for this position.
Will I be required to document my work systematically?
Yes, candidates are expected to systematically document their work, providing a clear view of process assumptions and numerical approximations.
What kind of support will I provide in this role?
You will provide support on existing Front Office pricing architecture and assist in the development and analysis of financial pricing strategies.
Are interns expected to stay updated on industry practices?
Yes, interns are expected to keep abreast of cutting-edge approaches and best practices in the field of numerical simulation and mathematical models.
Can I apply if I have experience in only one programming language?
While proficiency in multiple languages is preferred, experience in one of the required programming languages (C/C++, C#, or Python) may still make you eligible to apply.
Is there an emphasis on mathematical explanations in the models developed?
Yes, candidates are expected to provide deep mathematical explanations in addition to coding comments.