12 Month Internship - Computational Finance

Descrizione del lavoro:

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

12 Month Internship - Computational Finance

Contract type

Internship/Trainee

Term (in months)

12 Months

Job summary

Join our Global Market Division as a Computational Finance Intern within the XVA / Scarce Resources team. This role is crucial in supporting the team across various strategic projects, including the Smart XVA Project, by leveraging advanced machine learning techniques and financial modelling skills. A deep understanding of computational machine learning and proficiency in Python are essential for this position.

Key Responsibilities are, but are not limited to:

* Model Development: Implement and refine machine learning models using Pytorch, focusing on supervised, unsupervised, and reinforcement learning algorithms
* Financial Modelling: Work closely with the XVA and Scarce Resources desk to enhance XVA pricing and modelling. Utilize C++ and Python to maintain and upgrade the XVACCR Library
* Innovation: Propose and implement innovative solutions using neural networks to drastically speed up XVA computation and optimise RWA in E-trading systems
* Collaboration: Engage with various internal teams, including Risk Management and Trading, to assess model performance and integrate feedback into development
* Project Involvement: Actively participate in the development of the Collateral management platform and contribute to various front office and risk systems migration projects

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

* Degree in Computer Science, Engineering, or a related field

Experience

* Proven experience in computational machine learning engineering, XVA modelling, and AAD techniques

Required skills

* High level of creativity
* Autonomy
* Strong team spirit

Technical skills required

* Proficiency in C++ is desirable
* Python
* SQL programming