About the role#
This summer internship offers an inside look at the Quantitative Services team within the Post Trade Solutions division. You will work alongside experienced professionals to develop risk analytics solutions and contribute to the ongoing success of our financial infrastructure projects.
What you'll do#
- Contribute to the development of the Open-Source Risk Engine (ORE).
- Support the infrastructure for the IM Risk Generation (IMRG) service.
- Price client portfolios and perform stress-testing and backtesting using ORE.
- Calculate risk metrics such as VaR and SIMM on client portfolios.
- Translate client portfolios into the ORE XML format.
- Collaborate with collateral management and risk teams to build financial applications.
What you'll need#
- Current enrollment in the penultimate year of a graduate program, with a degree completion date on or before summer 2028.
- A predicted PhD or master’s degree in Math, Physics, Financial Engineering, or a related quantitative field.
- Proficiency in Python or C++.
- Functional knowledge of stochastic models and SDEs, such as the Black-Scholes, Hull-White, or Ornstein-Uhlenbeck models.
- Understanding of financial derivatives and pricing techniques, including Monte Carlo Simulation and finite difference methods.
- Curiosity for data and the ability to analyze information to propose solutions.
- Familiarity with Git and LaTex is preferred.
- Ability to work in the USA without restrictions for the duration of the program.
Location & details#
- Location: Boston, Massachusetts.
- Term: Summer 2027 (12 weeks, starting June 2027).
- Work Modality: Hybrid (3 days in office).
- Employment: Full-time internship.
About LSEG
LSEG is a financial markets infrastructure business based in London. The company operates through divisions focused on data and analytics, capital markets, and post-trade services. It specializes in capital formation, financial benchmarking, and risk management. The organization employs over 10,000 people and maintains an open access model for its global client base.
How to get in at LSEG
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