Quant Model Verification Intern- Clearing Risk

4 weeks ago

Chicago, United States CME Group Full time
Description
CME Group is currently looking for a Clearing House Risk Quant Model Verification Summer 2024 Intern.

This candidate will assist in reviewing and testing Risk/Pricing Models that evaluate counterparty exposures to the Clearing House. These include models related to Pricing, Value-at-Risk, Stress Testing, Liquidity, Regulatory Capital within IRS, OTC FX, F&O. The candidate will design and develop tools for Market Risk Analytics as well as QA tools.

Principal Accountabilities:
  • Ensure deployment, testing and continuous improvement of these models within the production infrastructure of CME.
  • Build a project or tool from the ground up including designing, data sourcing, work breakdown structures, coding, documenting and packaging the tools.
  • Collaborate with multiple Internal/External teams to help test different Library builds and sign off as needed.

Skills / Software Requirements:

  • Proficiency in programming languages such as C++/C#, R, VBA and SQL is essential.
  • Good quantitative, analytical and problem-solving skills along with trouble shooting skills are a must.
  • Experience in pricing complex derivatives and performing advanced statistical analysis on underlying risk factors.

Education:
  • Masters Degree: Math Finance, Applied Mathematics, or Financial Engineering, Software Engineering.

Other Requirements:
  • Onsite - able to come into the Chicago office.
  • Able to work 40 hours per week.

Location: Chicago Office

CME Group: Where Futures Are Made

CME Group (www.cmegroup.com) is the world's leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career shaping tomorrow. We invest in your success and you own it, all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we're looking for more.

At CME Group, we embrace our employees' diverse experiences, cultures and skills, and work to ensure that everyone's perspectives are acknowledged and valued. As an equal opportunity employer, we recognize the importance of a diverse and inclusive workplace and consider all potential employees without regard to any protected characteristic.
The Candidate Privacy Policy can be found here.

  • Quant Model Verification Intern- Clearing Risk

    1 month ago

    Chicago, IL, United States CME Group Full time

    Description CME Group is currently looking for a Clearing House Risk Quant Model Verification Summer 2024 Intern. This candidate will assist in reviewing and testing Risk/Pricing Models that evaluate counterparty exposures to the Clearing House. These include models related to Pricing, Value-at-Risk, Stress Testing, Liquidity, Regulatory Capital within...

  • Director/VP, Quantitative Risk Management

    1 week ago

    Chicago, United States Crypto Full time

    About the role We are seeking an experienced risk quant to join our exchange team, which helps manage the risk across Crypto.com Exchange. The main responsibilities of the risk quant include designing, implementing and maintaining innovative risk models and monitoring tools. You will be contributing to the building of a fast growing trading platform with...

  • Futures PM/Quant Trader

    1 week ago

    Chicago, IL, United States Anson McCade Full time

    My client is a leading prop firm in HFT and short term systematic trading in equities and futures. This firm trades on key exchanges such as CME, ICE, and Eurex, and has low cost, cutting-edge infrastructure. The firm is looking for Quant PMs/Traders to set up their own desks. This would allow access to the low-cost platform the firm has to offer, and...

  • Financial Engineer

    4 weeks ago

    Chicago, United States HTAA Holdings LLC Full time

    Design and support automated, quantitative-driven stock, option, and futures trading systems. Continually design, test, evaluate and monitor the implementation and performance of existing and new systems. Manage risk and trade portfolio of index, single name equity, and ETF options. Deep understanding of option pricing and risk management, and various...

  • Risk Analyst

    4 weeks ago

    Chicago, Illinois, United States Selby Jennings Full time

    I'm collaborating with a leading proprietary trading company which is currently expanding its presence in the energy sector. As a result, they are actively looking to enhance their risk and quant teams to better support their traders. This firm engages in trading various asset classes such as Fixed Income, ETFs, Equities, FX, Commodities, and Energy across...

  • Risk Analyst

    4 weeks ago

    Chicago, United States Selby Jennings Full time

    I'm collaborating with a leading proprietary trading company which is currently expanding its presence in the energy sector. As a result, they are actively looking to enhance their risk and quant teams to better support their traders. This firm engages in trading various asset classes such as Fixed Income, ETFs, Equities, FX, Commodities, and Energy across...

  • Financial Engineer

    1 month ago

    Chicago, United States HTAA Holdings LLC Full time

    Design and support automated, quantitative-driven stock, option, and futures trading systems. Continually design, test, evaluate and monitor the implementation and performance of existing and new systems. Manage risk and trade portfolio of index, single name equity, and ETF options. Deep understanding of option pricing and risk management, and various...

  • Financial Engineer

    1 month ago

    Chicago, United States HTAA Holdings LLC Full time

    Design and support automated, quantitative-driven stock, option, and futures trading systems. Continually design, test, evaluate and monitor the implementation and performance of existing and new systems. Manage risk and trade portfolio of index, single name equity, and ETF options. Deep understanding of option pricing and risk management, and various...

  • Credit Risk Analyst

    7 days ago

    Chicago, United States Chicago Mercantile Exchange Inc. Full time

    Description The Credit Risk Analyst will be responsible for identifying, evaluating, measuring, monitoring, and documenting key risks related to CME Clearing's counterparties and exposures. The primary responsibility of the Analyst is to assess and monitor the credit risk of counterparties and assign internal credit ratings to the counterparties utilizing...

  • Manager, Quantitative Risk Modeling

    4 weeks ago

    Chicago, United States Diligente Technologies Full time

    Title: Manager, Quantitative Risk Modeling Location: Chicago, IL (Hybrid)Duration: Full-TimeWhat you’ll bring:Master's in a quantitative discipline such as mathematics, statistics, finance, or related fields. A designation of CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager) or Ph.D. degree is a plus.Extensive modeling experience (9+ years)...

  • Manager, Quantitative Risk Modeling

    4 weeks ago

    Chicago, United States Diligente Technologies Full time

    Title: Manager, Quantitative Risk Modeling Location: Chicago, IL (Hybrid)Duration: Full-TimeWhat you’ll bring:Master's in a quantitative discipline such as mathematics, statistics, finance, or related fields. A designation of CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager) or Ph.D. degree is a plus.Extensive modeling experience (9+ years)...

  • Manager, Quantitative Risk Modeling

    4 weeks ago

    Chicago, United States Diligente Technologies Full time

    Title: Manager, Quantitative Risk Modeling Location: Chicago, IL (Hybrid)Duration: Full-TimeWhat you’ll bring:Master's in a quantitative discipline such as mathematics, statistics, finance, or related fields. A designation of CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager) or Ph.D. degree is a plus.Extensive modeling experience (9+ years)...

  • Credit Risk Analyst

    2 weeks ago

    Chicago, United States Chicago Mercantile Exchange Inc. Full time

    Description The Credit Risk Analyst will be responsible for identifying, evaluating, measuring, monitoring, and documenting key risks related to CME Clearing's counterparties and exposures. The primary responsibility of the Analyst is to assess and monitor the credit risk of counterparties and assign internal credit ratings to the counterparties utilizing...

  • Credit Risk Analyst

    4 weeks ago

    Chicago, United States CME Group Full time

    Description The Credit Risk Analyst will be responsible for identifying, evaluating, measuring, monitoring, and documenting key risks related to CME Clearing's counterparties and exposures. The primary responsibility of the Analyst is to assess and monitor the credit risk of counterparties and assign internal credit ratings to the counterparties utilizing...

  • Credit Risk Analyst

    3 weeks ago

    Chicago, United States CME Group Full time

    Description The Credit Risk Analyst will be responsible for identifying, evaluating, measuring, monitoring, and documenting key risks related to CME Clearing's counterparties and exposures. The primary responsibility of the Analyst is to assess and monitor the credit risk of counterparties and assign internal credit ratings to the counterparties utilizing...

  • Junior Quant Trader

    2 weeks ago

    Chicago, United States Selby Jennings Full time

    A proprietary trading firm headquartered in Chicago is looking to bring on a Junior Quant Trader to help round out their experienced automated trading team. Over the last 10+ years, they have built out a platform covering equites, commodities, and fixed income derivatives. They have the technology and infrastructure to cover everything from ultra low latency...

  • Junior Quant Trader

    5 days ago

    Chicago, United States Selby Jennings Full time

    A proprietary trading firm headquartered in Chicago is looking to bring on a Junior Quant Trader to help round out their experienced automated trading team. Over the last 10+ years, they have built out a platform covering equites, commodities, and fixed income derivatives. They have the technology and infrastructure to cover everything from ultra low latency...

  • Junior Quant Trader

    2 weeks ago

    Chicago, United States Selby Jennings Full time

    A proprietary trading firm headquartered in Chicago is looking to bring on a Junior Quant Trader to help round out their experienced automated trading team. Over the last 10+ years, they have built out a platform covering equites, commodities, and fixed income derivatives. They have the technology and infrastructure to cover everything from ultra low latency...

  • Quantitative Analyst I

    4 weeks ago

    Chicago, United States ACCIONA Energía Full time

    ACCIONA Energía is the biggest 100% renewable energy company with no fossil legacy in the world. With more than 30 years of experience and operations in 20 countries on five continents, ACCIONA Energía offers a wide portfolio of tailored energy solutions so that its corporate and institutional clients can meet their decarbonisation goals. This includes the...

  • Credit Risk Analyst

    1 month ago

    Chicago, IL, United States CME Group Full time

    Description The Credit Risk Analyst will be responsible for identifying, evaluating, measuring, monitoring, and documenting key risks related to CME Clearing's counterparties and exposures. The primary responsibility of the Analyst is to assess and monitor the credit risk of counterparties and assign internal credit ratings to the counterparties utilizing...