All graduates and freshers with skill sets in Python, C#, Java, C++, Oracle, or SQL Server can apply for the Quant Intern position at CME Group, Bangalore.
About CME Group
CME Group is the world’s leading and most diverse derivatives marketplace. But who they are goes
deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career
shaping tomorrow. They 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. With 3,500 employees worldwide, we’re small enough for you and your contributions to be known. But big enough for your
ideas to make an impact. The pace is dynamic, and the work is unlike any other firm in the
business. Problem solvers, difference makers, trailblazers.
Job Description
This Internship gives a small but select group of bright students an intensive, hands-on six-month (preferably in-person) introduction to what happens in the Clearing and Post-Trade Division of a financial exchange. They are looking for highly motivated individuals who have demonstrated outstanding achievements in academic and extracurricular activities. CME Group seeks self-motivated team players with excellent organization and communication skills. While a background in finance or accounting is not required, applicants should be comfortable with basic numerical computation.
Roles and Responsibilities
Are you interested in solving complex business problems or passionate about doing so? At CME Group, you will be focusing on fundamental business issues – managing risks, increasing revenues, and controlling costs and offer an opportunity to work side by side in our world-class facilities with our extremely talented team who work on cutting-edge technology paired with the challenging demands of the intensive world of a financial exchange.
The kind of tasks interns can look forward to would be a range of opportunities like –
- Create tools/solutions to automate/streamline critical processes or new business needs.
- Support the Quant Risk Team (QRT) in building research analysis tools for different risk models with monthly BAU tasks and reporting. This includes preparing monthly reports for regulators, for example.
- Understand the basics of Enterprise Risk management and provide remediation and compensating controls recommendations.
- Work for the Pricing and Valuation team in the OTC Settlements space and ideate for next-generation solutions around this.
- Understand the CME product and service launch workflows. Work on automating various compression tools.
- During your internship, you will meet a variety of people, allowing you to form relationships that you can build on in the future.
- Specific Individuals who excel in their field will accompany you as Mentors throughout the internship.
- The internship will expose you to CME Group’s culture and provide you with a knowledge base to draw upon throughout the remainder of your internship and beyond.
Principal Accountabilities
Ensure that the assigned tasks are completed on time and of impeccable quality.
Education
Attend a Bachelor’s in Engineering/Bachelor’s in Science (Math / Statistics majors only) / Master/ PhD course in a finance/mathematics-related subject.
Experience
While a background in finance or accounting is not required, you should be comfortable with numerical computation and have a demonstrable interest in working in financial services.
Software Requirements
At least one programming skills
- Python, C#, Java, C++ ( Essential)
- Oracle, SQL Server (Desirable)
Skill Sets
Any knowledge of Applied mathematics/calculus / economic theory/statistics would be helpful.
Any background in Financial Engineering would be instrumental.
Algorithms, Pseudo codes, DB Queries (Joins and Views), Problem-approach.
How to Apply?
Interested candidates can directly apply through this link.
Location
Bangalore, Karnataka.
