Internship Quantitative Risk Consulting (sector focus: Financial services)

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Are you passionate about solving real-world problems using computer simulations (e.g. monte-carlo)? Do you want to work on the development and implementation of cutting-edge mathematical models for the financial sector ? If yes then this internship is for you!

We are looking for a Quantitative Modeler to join our team and help us expand our library of Python Models which are used for the valuation of complex financial derivatives. You will be working with experienced Derivatives Pricing Specialists and quantitative modelers to design, develop and implement stochastic models in Python to price portfolios of derivatives traded by top tier International/ Investment banks. 

This internship is a great opportunity to gain hands-on experience financial derivatives pricing, market risk, market data liquidity and learn from experts in the field. You will also have the chance to showcase your creativity and innovation by solving efficiency problems related to multi dimensional optimization under constraints. 

Your key responsibilities

• Understand and Implement the Model in Python in accordance with our coding principles and ensuring that the code is sufficiently understandable by an informed modeler.
• Develop a standardized template for all inputs the model requires
• Develop intuition regarding the calibration of the model and test different underlying structures of data to identify potential weaknesses of the model. 
• Test the model and archive the testing of the model
• Write the development documentation of the model 

Who are we looking for?

• Be enrolled in a Master’s degree program in Financial Engineering, Physics, Mathematics, Statistics or a related field
• Fluency in Dutch and/or French, with proficient level of business English (written and oral)
• Team spirit, balanced by a healthy sense of autonomy
• Strong affinity with numbers, paired with the ability to see the broader picture behind the numbers
• Python coding skills
• A first experience with Market Data Vendors is a plus (e.g. Refinitiv, Bloomberg, ...) 

What’s in it for you ? 

• Support and coaching from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you
• Apply the methodological concepts you have learned in your cursus to real world situations (e.g. monte-carlo simulation, multi-dimensional optimization under constraints, arbitrage free pricing etc...) 

We are proud of our flexible working arrangements, and we will support you to build a successful career and deliver excellent client service, without sacrificing your personal priorities. While our client-facing profession might require regular travel, and at times working at client sites, we are committed to help you achieve a lifestyle balance.

At EY we are passionate about the inclusion and support of individuals of all groups; we do not discriminate on the basis of race, religion, gender, sexual orientation, or disability status.

About EY
As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. The exceptional EY experience. It’s yours to build.

About EY Financial Services
EY is the only major professional services firm with a dedicated financial services practice (the Financial Services Organization, FSO) integrated in the EMEIA region. An international team of over 11000 professionals are working across borders for our clients in the financial sector: Banking, Insurance and Asset Management, in all service lines: Consulting, Tax, Strategy and Assurance.

Join us in building a better working world. Apply today.