Stellenbeschreibung:

Bezahltes Praktikum als Financial Engineer bei Numerix

Anbieter: Numerix Deutschland GmbH
Standort: Frankfurt am Main
Veröffentlichung: 22.06.2021
Fachbereich:Informatik & Mathematik | Naturwissenschaften & Umwelt | Weitere Fachrichtungen

We are looking for a Financial Engineering Intern to work in our Frankfurt or London office for a minimum duration of 6 months.

Who we are

Numerix is a leading software vendor in Risk Management and Financial Derivatives Management space. We are combining the most advanced C++ quantitative library with the modern microservices architecture and latest web frameworks to deliver cutting-edge products and solutions to the financial industry. We are involved in some of the most exciting projects in the derivatives industry, including:

  • Building valuation and risk infrastructures for financial instruments of arbitrary complexity.
  • Providing full spectrum of solutions in the xVA space, ranging from Front-Office xVA capabilities (including advanced topics like MVA and xVA Greeks) to regulatory xVA calculations.
  • Providing solutions to the quantitative challenges of the capital markets, including topics like FRTB, SIMM and SA-CCR.
  • Servicing the Structured Notes market worldwide by providing tools to the issuers, risk recyclers and the buyside to address their needs.


Primary Responsibilities:

  • Structure real-world examples of trades and perform valuation and/or risk analytics tasks using Numerix CrossAsset library and other Numerix Products and tools under guidance from senior members in the team.
  • Work with senior members in the team on various key projects ranging from structuring, valuation, quantitative advisory services, counterparty risk, market risk, ESG, etc.
  • Write Requirements Definition (RD) and Product Specifications for vanilla and exotic Derivative products across FI/CC/INF/CR/EQ/FX/CMDT/HYBRID.
  • Work as liaison between Customers and Internal Numerix teams (Sales, Business Analyst, PDM, Quantitative Research, Quantitative Development, Implementation, Support, Training, Documentation…).
  • Design and perform FE testing on models (calibration and pricing) across multiple asset classes on various Numerix Products.
  • Provide consulting and professional services for clients using Numerix products for integrated/independent pricing and risk analytics system.
     

Experience and Skills Required:

  • Working towards a Master’s degree in Mathematics, Financial Engineering, Finance, Computer Science, Physics, Actuarial Science, or related field.
  • Good knowledge and/or hands-on experiences in derivative pricing models and instruments across interest rate, cross-currency, credit, inflation, equity, foreign exchange, commodity, insurance, and hybrid products.
  • Good knowledge and/or hands-on experiences in Counterparty Risk (CVA, DVA, FVA, PFE) and/or Market Risk (Value at Risk including parametric, historical, and Monte Carlo VaR) and/or Economic Scenario Generation (real world and risk neutral).
  • Strong mathematical skills including stochastic calculus, numerical methods (Tree, PDE), Monte Carlo simulation, probability and statistics, linear algebra, time series analysis, or actuarial analysis; and financial modeling, or quantitative/engineering related research.
  • Good hands-on experience with Excel and Python.
  • Self-motivated and quick-learning professional able to address complex technical challenges and produce high quality solutions in an efficient and timely manner.
     

Work Experience

  • It is expected that the candidate has good knowledge and/or hands-on experiences in derivative pricing models and instruments across interest rate, cross-currency, credit, inflation, equity, foreign exchange, commodity, insurance, and hybrid products.

 

Please apply by sending your CV to hr.assist@numerix.com

Numerix Deutschland GmbH

Einsatzorte:Taunusanlage 8
60329 Frankfurt am Main