Used Tools & Technologies
Not specified
Required Skills & Competences
Tag name is followed by "@" symbol and proficiency level value.
About proficiency levels:
- 1-2 — basic awareness. Minimal hands-on experience, and a rudimentary understanding of the technology's purpose;
- 3-6 — daily use. Comfortable and regular usage, capable of handling common tasks and challenges related to the technology;
- 7-9 — you are an expert, you can teach others, you know all the pitfalls and tricks;
- 10 — exceptional knowledge, comprehensive understanding, and adeptness in all aspects of the technology, including advanced problem-solving. Think twice before claiming or demanding such level.
Python @ 3
Mathematics @ 3
- 1-2 — basic awareness. Minimal hands-on experience, and a rudimentary understanding of the technology's purpose;
- 3-6 — daily use. Comfortable and regular usage, capable of handling common tasks and challenges related to the technology;
- 7-9 — you are an expert, you can teach others, you know all the pitfalls and tricks;
- 10 — exceptional knowledge, comprehensive understanding, and adeptness in all aspects of the technology, including advanced problem-solving. Think twice before claiming or demanding such level.
Details
ABN AMRO Financial Markets Model Risk (FMMR) has an opening for an intern for a period of at least 3 months. The team validates models used for a broad range of applications, including valuing OTC derivatives and market risk calculation. The role combines knowledge of financial markets, quantitative models and IT.
Responsibilities
- Contribute to validation of valuation and risk models (mathematical analysis of model foundations).
- Implement independent challenger models to assess model performance.
- Implement models and challenger solutions into internal libraries (software is written in C++ and Python).
- Provide analyses and advice to senior management.
- Work with team members on implementation and validation; software runs in the cloud.
Working environment
- You will be part of the Financial Markets Model Risk team, situated in Amsterdam (team of 18 staff members).
- The team works in a hybrid form from both the office and home.
Requirements
- Enrolled in the final year of a master’s programme at a Dutch university (quantitative field such as applied mathematics, applied physics or quantitative finance) with an excellent academic record.
- Proven affinity with financial markets.
- Practical experience with Python or C++.
- Strong interest in quantitative models and computer science.
- Analytically strong, intellectually curious, eager to learn, and a team player with good interpersonal skills.
- Relevant extracurricular activities and/or international experience are considered a plus.
- Minimum internship duration: 3 months (possible extension up to 6 months).
What we offer
- Internship compensation of €750 per month.
- Excellent employment conditions and room for personal development in a professional corporate environment.
Application
- Applications only via the webpage; upload your CV and cover letter and include your grades.
- Contact for more information: [email protected].
Additional details
- The role involves working with C++ and Python and using cloud-based infrastructure for software execution.