FAQs
What is the duration of the Summer Placement program?
The Summer Placement program lasts for 8 weeks, commencing in July 2025.
Who is eligible to apply for the Summer Placement position?
Applicants must be in their penultimate or final year of Masters or PhD studies in Mathematical Finance, Computational Finance, Financial Engineering, or a similar subject.
What kind of analytical skills are expected from candidates?
Candidates should demonstrate outstanding analytical, numerical, and problem-solving skills.
How will candidates be evaluated during the application process?
The evaluation will consist of a two-stage assessment process, including a behavioral assessment followed by a technical, competency-based interview conducted virtually over Zoom.
Is this position paid?
Yes, the Summer Placement position is a paid opportunity.
What programming languages should applicants be familiar with?
Applicants should be fluent in programming languages such as Python or Excel-VBA.
What are the key responsibilities of someone in this position?
Responsibilities include developing an understanding of the energy commodity market, conducting analysis of quantitative models, supporting market-based valuations, developing trading strategies, and documenting results and assumptions.
What sort of mentorship will participants receive during the placement?
Participants will receive support and guidance from managers, supervisors, recent graduates, and will work closely with Senior Front-Office Quants.
What technical knowledge should candidates have related to finance?
Candidates should have an understanding of option theory, including stochastic calculus and option Greeks, as well as familiarity with financial engineering techniques such as Monte Carlo simulation and dynamic programming.
What is the application deadline for this position?
The closing date for applications is Sunday, 3rd November 2024.