Overview
Quant Risk Intern
The Quantitative Risk Intern will work with a team developing risk and pricing models that evaluate counterparty exposure for the Clearing House. The role includes work related to pricing, Value-at-Risk, stress testing, liquidity, regulatory capital, and portfolio analytics tools.
The intern will also support back testing and statistical analysis activities to validate margin coverage and model assumptions.
Principal Accountabilities
- Conduct empirical studies and recommend margin levels, modeling enhancements, and other risk mitigation measures while keeping models aligned with established industry theories.
- Support deployment, testing, and ongoing enhancement of models within CME production infrastructure, and assist in presenting findings to senior management and risk committees.
- Contribute to improving current risk models and prototyping new models across asset classes including OTC and Futures, covering areas such as pricing, VaR, back testing, stress testing, and liquidity.
Skills and Software Requirements
- Knowledge of programming languages and tools such as C++, C#, R, VBA, and SQL.
- Bachelor’s degree in a technical discipline is required. A Master’s degree is preferred in Math Finance, Applied Mathematics, Financial Engineering, or Software Engineering.
CME Group: Where Futures are Made
CME Group is a global derivatives marketplace where employees work on financial markets, risk systems, and technology that shape industries worldwide. The company values diverse perspectives and supports an inclusive workplace.
CME Group is an equal opportunity employer and evaluates candidates without regard to protected characteristics.
If an employer asks you to pay any kind of fee, please notify us immediately. Talentd does not charge any fee from applicants and we do not allow other companies to do so.
Key Skills
Related Tags
Browse More Jobs
Education Requirements
- Bachelor’s degree in a technical discipline
- Master’s degree preferred in Math Finance, Applied Mathematics, Financial Engineering, or Software Engineering
Eligible Batch Years
CME Group
CME Group Inc. is a leading global markets company headquartered in Chicago, Illinois, USA. Founded in 1898, it operates some of the world's largest derivatives exchanges, including the Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, and COMEX. The company's mission is to provide transparent, efficient, and innovative markets that enable businesses, investors, and institutions to manage risk and seize opportunities. CME Group offers a wide range of products across asset classes such as interest rates, equity indexes, foreign exchange, agricultural commodities, energy, metals, and cryptocurrencies.
With over 3,000 employees worldwide, CME Group is recognized for its robust technology infrastructure, advanced trading platforms, and commitment to market integrity. It serves clients in more than 150 countries and is a critical player in global finance, facilitating billions of dollars in transactions daily. Recent achievements include expanding its suite of cryptocurrency derivatives and enhancing its electronic trading capabilities through CME Globex. The company continues to innovate in areas like data services and market analytics, solidifying its reputation as a trusted leader in the financial services industry.
Company Details
Connect With Us
Websitecmegroup.com