Internship - Junior Quantitative Advisor
Internship New York Risks
Internship - Junior Quantitative Advisor
• New York, United States
• Internship
• Risks
Responsibilities
Model and Valuation (MVA) team embedded within the Risk Management function in SG CIB is responsible for independent validation of
pricing models and reserves methodologies. The team consists of a diversity of talents led by the head of MVA who is active in both
industry and academic forums. Training, entrepreneurial spirit, and professional development are encouraged in this growing, dynamic
team.
We are looking for an enthusiastic intern to join our team in the New York office in Model and Valuation team.
Your primary role, as part of the second Line of Defense on pricing models, is to review the first Line of Defense modeling proposal.
During your internship you will be in charge of these responsibilities :
• Identify key risk factors associated with pricing models
• Evaluate conceptual soundness of model choice
• Challenge model assumptions
controls and procedures put in place
• Perform independent tests on the models (statistical tests, coherence tests, benchmarking, etc)
• Write validation reports comprising tests performed and findings
• Follow up on model recommendations and opine on the remediaiton sufficiency.
Profile required
Graduate with a Master degree from an Engineering or Business School or University with a specialization in Math / Physics / Computer
Science / Engineering or similar field.
Good communication and presentation skills.
Required :
• Strong analysis skills, especially notions of mathematics and computer science for finance (probability, stochastic calculus, and numerical methods).
• Strong ability in coding (like Python, C, ).
• Strong reasoning and communication skills.
• Knowledge of Excel.
Plus :
• Understanding banking and market products,
Last updated : 2024-10-10
Location: New York, NY
Posted: Oct. 17, 2024, 9:35 p.m.
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