London – 2017 Long Term Internship – FX Hybrid Trading

What you’ll do

• Work in in close partnership with ITs and Quantitative Research teams to develop new Trading / Risk management tools.
• Perform quantitative (stress-tests and back-testing) and qualitative analysis (macro scenario) of different trading strategies in order to pitch them to Senior Traders.
• Price sophisticated Exotic products and assist the Structuring team in designing new payoffs.
• Monitor market news and events impacting the desk positions across different asset classes.
• Familiarise yourself with Interest Rates and FX markets (Volatility, Correlations, etc.).
• Prepare daily P&L reports and escalate any unexplained elements to Senior Traders.
• Take part in the daily tasks of the desk (Pricing, Booking, Market Monitoring).

ROLE COMPETENCIES

• Proactive and enthusiastic self-starter.
• Strong mathematical, analytical & quantitative skills.
• Strong attention to detail.
• Team player.
• Excellent spoken and written English.

TECHNICAL SKILLS AND QUALIFICATION REQUIRED FOR THE ROLE

• A minimum of a Bachelor’s degree in Engineering, Financial Engineering, Finance, Maths, Sciences,  Econometrics or related disciplines.
• Programming skills (C++, C# or VBA).
• Experience in using Statistical analysis tools (R or Matlab).
• Experience in using information systems (Bloomberg, Reuters) are advantageous.

CONDUCT:

• Be a role model, supporting and fostering a culture of good conduct
• Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks
• Consider the implications of your actions on colleagues

Location: London

Salary: Competitive

Desired start date: ASAP