Quant Model Verification Intern- Clearing Risk

Found in: Careerbuilder One Red US C2 - 2 weeks 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 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.


  • 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...


  • 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...

  • Senior Options Trading Quant Researcher

    Found in: Careerbuilder One Red US C2 - 2 weeks ago


    Chicago, IL, United States Focus Capital Markets Full time

    Technology is at the core of the firm's multi-decade track record and therefore we are seeking a quantitative researcher who can scale the options desk trade strategy, build pricing models, drive the trade system design and overall analysis from a quantitative/technical/statistical point of view. In this role, you will also participate in building tools and...

  • Quant Modeler

    Found in: beBee jobs US - 7 days ago


    United States of America Selby Jennings Full time

    Title: Quantitative Modeler - Credit/ FICompensation: $150k base salary + discretionary bonus ($250k total compensation)Summary: The Head of the Investment Strategy & Analytics team within a leading global asset manager is looking to onboard Quantitative Modeler. As core members of the team, you will work on pricing, modeling and analytics. Python...

  • Quant Risk Analyst

    Found in: Careerbuilder One Red US C2 - 2 weeks ago


    New York, NY, United States Selby Jennings Full time

    A Multi Strategy Hedge Fund is hiring a Quant Risk Analyst in NYC. This hire will report directly to the Chief Risk Officer and assist in building out firmwide and custom risk analytics for specific PMs/trading teams. The fund is looking for a strong junior candidate with broad markets knowledge and experience with macro asset classes. This is a learning...

  • Clearing Deliveries

    Found in: Careerbuilder One Red US C2 - 2 weeks ago


    Chicago, IL, United States CME Group Full time

    Description Position is fully on-site in our Chicago office. Role does not support remote work option. The Clearing House clears and guarantees all matched transactions occurring through its facilities by clearing members. The clearing members are monitored by the Clearing House for financial performance. Products cleared at the Exchange and are nearing...

  • Manager Quantitative Risk Development

    Found in: Careerbuilder One Red US C2 - 2 weeks ago


    Chicago, IL, United States CME Group Full time

    Description Role is based in our Chicago, IL office and is fully on site. We don't support remote or out of state working options. CME Group is the world's leading and most diverse derivatives exchange. The role will be part of the CME Clearing Quantitative Risk Management department. We're looking for someone ready for a new challenge to join the...

  • Quant Coders

    Found in: Careerbuilder One Red US C2 - 2 weeks ago


    Boston, MA, United States Eka Finance Full time

    Role:- The quant developers are responsible for building and maintaining all types of models used in their algorithms.  From understanding and modelling risk to trading costs to impact, the quant developer role is both adept at technology and the math to successfully implement and understand their models, and is able to analyze the output to ensure...


  • Chicago, United States CareerBuilder Full time

    Senior Quant Analyst / Systematic Macro/ London/ $250K Well established quant fund are looking to recruit a senior quant analyst in the systematic macro space. You can be based in either Asia or in London. Eka Finance - Hong Kong - Full time Salary: $Base + Bonus Role:- As a quantitative researcher you will be responsible for developing automated quant...


  • Chicago, United States Focus Capital Markets Full time

    Technology is at the core of the firm's multi-decade track record and therefore we are seeking a quantitative researcher who can scale the options desk trade strategy, build pricing models, drive the trade system design and overall analysis from a quantitative/technical/statistical point of view. In this role, you will also participate in building tools and...

  • Credit Risk Analyst

    Found in: Careerbuilder One Red US C2 - 2 weeks 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...

  • Quant Modeler

    Found in: beBee S US - 2 weeks ago


    United States of America Selby Jennings Full time

    Title: Quantitative Modeler - Credit/ FICompensation: $150k base salary + discretionary bonus ($250k total compensation)Summary: The Head of the Investment Strategy & Analytics team within a leading global asset manager is looking to onboard Quantitative Modeler. As core members of the team, you will work on pricing, modeling and analytics. Python...

  • Risk Analyst, Income Risk Modelling

    Found in: Appcast Linkedin GBL C2 - 2 weeks ago


    Chicago, United States Diligente Technologies Full time

    Title : Risk Analyst, Income Risk ModellingLocation : Chicago Illinois- HybridEmployment Type: Full timeDescription:How you’ll make an impact:Design efficient process to model our income projection timely.Perform analysis to identify issues and support changing scenario analysis or modeling requirements from market update, regulatory change or management...

  • Risk Analyst

    Found in: Appcast US C2 - 7 days ago


    Chicago, United States Diligente Technologies Full time

    Role: Risk Analyst, Income Risk ModelingEmployment Type: Full time / FTECity: Chicago - hybridState: IllinoisDescription: What you’ll do:In this role you will interact with stakeholders across the organization, such as business development and balance sheet management teams, to model the future income. Key responsibilities include overseeing, monitoring,...

  • Risk Analyst

    Found in: Appcast Linkedin GBL C2 - 2 weeks ago


    Chicago, United States Diligente Technologies Full time

    Role: Risk Analyst, Income Risk ModelingEmployment Type: Full time / FTECity: Chicago - hybridState: IllinoisDescription: What you’ll do:In this role you will interact with stakeholders across the organization, such as business development and balance sheet management teams, to model the future income. Key responsibilities include overseeing, monitoring,...

  • Financial Engineer

    6 days 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

    7 days 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

    Found in: beBee S US - 7 days 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...

  • Risk Analyst

    Found in: beBee jobs US - 7 days 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...

  • Financial Engineer

    Found in: Appcast Linkedin GBL C2 - 2 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...