12 Month Internship - Quantitative Analyst

Descripción del puesto:

Job description

Business type

Types of Jobs - Risk Management / Control

Job title

12 Month Internship - Quantitative Analyst

Contract type

Internship/Trainee

Term (in months)

12 Months

Job summary

Join our Model Validation team, a pivotal group ensuring the viability, robustness, and reliability of Front Office (FO) pricing models. This internship offers a hands-on experience in validating new and existing financial models and methodologies, crucial for production purposes. You will work closely with the internship supervisor to conduct thorough validation studies and provide essential technical support across various teams. Knowledge or experience within C++ programming is required to contribute effectively to our projects.

Key Responsibilties are, but not limited to:

* Organise and conduct validation studies in accordance with FO model validation requests under the guidance of the internship supervisor.
* Perform ad hoc analysis for Risk methodologies and provide technical support to Risk Management (RM) teams.
* Contribute to the team's internal library for pricing and XVA models/methods.
* Collaborate closely with FO Research teams and Trading desks on a wide range of model and methodology-related topics.
* Engage with the RM team to offer technical support on model/methodology-related issues, particularly concerning various risk report

Supplementary Information

Join our team at Crédit Agricole CIB, the corporate and investment banking arm of 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2023). We offer more than just a job.
You will be part of a dynamic and collaborative work environment where CSR is embraced in our day-to-day business operation, innovation is encouraged and diversity is celebrated.
Crédit Agricole CIB, the first French bank to have committed to the Equator Principles, is a pioneer and global leader in sustainable finance. Our commitment to sustainability and corporate responsibility means that your work will have a positive impact on our communities and the environment.
With a people-centric culture where everyone is valued, and opportunities for personal and professional growth, Crédit Agricole CIB is not just a place to work - it is where you make an impact.
Our hiring process is open to all and should you have any particular needs or you may require adjustments, please let us know.

Position location

Geographical area

Europe, United Kingdom

City

London

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

* Graduated with a bachelors/masters or equivalent within the past 18 months

Experience

* Previous internship experience in financial mathematics research is desirable

Required skills

* Strong analytical skills and the ability to innovate and plan effectively
* Excellent teamwork and communication skills for interactions with various teams (FO, Risk, IT, etc.)

Technical skills required

* Knowledge/experience in C++ programming and the ability to work within a common library project is a plus
* Familiarity with stochastic calculus (Brownian motion, Ito Lemma, numeraire change, etc.) and relevant numerical methods (Monte Carlo, PDE resolution, asymptotic analysis, etc.)