Quantitative Risk Intern - Summer 2027

DV Trading LLC · Chicago

About the role

<p><span style="font-size: 12pt;"><strong>About Us</strong>:</span><br><span style="font-size: 12pt;">Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.</span><br><br><span style="font-size: 12pt;"><strong>Responsibilities:</strong></span><span style="font-size: 12pt;"> </span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Build and execute advanced quantitative risk monitoring using results from above exercise, including design, collection and analysis of key risk metrics in collaboration with multiple stakeholders to influence business strategy.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Utilize advanced quantitative analytics to assess future risk, opportunities, and effectiveness and translate results into meaningful solutions to enhance decision making.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Present results of the reviews performed to the Executive Management Team.</span></li> </ul> <p><span style="font-size: 12pt;"><strong>Requirements:</strong></span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Pursuing a degree in Mathematics, Statistics, Physics, Computer Science, or another highly quantitative field</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Expecting to graduate between <strong>Winter 2027 and Summer 2028</strong></span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Proficient to advanced knowledge of statistical modeling and other quantitative techniques including, but not limited to linear & non-linear regression, optimization, simulation, time-series analysis, probability theory, survival analysis, value-at-risk, PCA, and GARCH</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Basic proficiency in Python and SQL is required</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Ability to communicate complex concepts and findings in a clear and concise manner.</span></li> </ul> <p><span style="font-size: 12pt;"><strong>Preferred Skills:</strong></span></p> <ul type="disc"> <li style="font-size: 12pt;" data-olk-copy-source="MessageBody"><span style="font-size: 12pt;">Knowledge of option pricing and fixed income analytics</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Advanced proficiency in Python</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">A working knowledge of Python SciPy & statsmodels, R, C/C++/C#, SAS, and/or Matlab</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Knowledge of enterprise risk management and internal control standards, especially within the financial services industry</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Proficiency in data management and reporting tools strongly desired (Essbase, Word, Excel, Power Point, Access)</span></li> </ul> <p><span style="font-size: 10pt;"><em><span style="font-size: 12pt;">Compensation range: $35.00-$40.00/hr</span><br></em></span></p> <p><span style="font-size: 10pt;"><em data-stringify-type="italic">DV is not accepting unsolicited resumes from search firms.

Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.</em></span></p>

More at DV Trading LLC

More Quantitative Trading internships in Chicago, IL

More Quantitative Trading internships

More like this