Citi Summer Intern 2018 (Markets Quantitative Analysis) (T) in Budapest, Hungary
Primary Location: Hungary,Budapest,Budapest
Education: High School Diploma/GED
Job Function: Trading
Shift: Day Job
Employee Status: Temporary
Travel Time: No
Job ID: 18016516
Markets Quantitative Analysis Department (MQA) is a division of the Global Markets business and has responsibility for providing the analytical models which are used for pricing securities and risk managing the Firm’s positions throughout the Markets’ businesses.
The scope of this work extends from the research into the mathematical derivation of the model, to the coding, testing, and documentation of the model for formal validation and approval, and finally to delivering the model both to the Trading Desk and to Technology for incorporation into the Firm’s books and records systems.
MQA’s responsibilities span the G10 Rates, Local Markets, Credit, Commodities, FX, Equity, Equity Hybrids and Mortgage/Securitized markets businesses.
The MQA Budapest Team is an integral part of the Global MQA Structure and plays a key role in the development of the core tools, processes and analytics.
LOCATION AND DURATION
The Markets Quantitative Analysis Internship Program is aimed at students entering their final year of university studies (BSc, MSc or PhD) and looking for a permanent industry position afterwards . This is a 3 month Program running between mid-June and mid-September.
The internship will provide you with hands-on training in finance and technology and the opportunity to solve a variety of real-life quantitative and technological problems, working closely with the team. The main aim of the internship is to train you to become a full-time member of the MQA team in Budapest after the program.
We are offering Internships in 4 areas and tasks would be selected based on Academic experience:
Markets Fixed Income Currency and Commodities
Providing tailored financial solutions for local and international clients and facilitating access to the global financial markets.
Trading Associate (BSc, MSc or PhD)
Supporting senior traders, developing and back-testing trading strategies, requiring good numerical skills and experience of analysis in Excel and Python.
Markets Quantitative Analysis
Providing the analytical models which are used for pricing securities and risk managing the firm's positions within markets.
Quant (MSc or PhD)
Tasks focusing on the development, optimization, documentation and performance analysis of the Financial Models used in the analytics libraries requiring a strong academic background in Mathematics and experience of programming in C++ or using MATLAB.
Quant Developer (BSc, MSc or PhD)
Tasks focusing on the technical development and optimization of the analytics libraries and server components requiring strong software development skills in C++, Python or Perl along with good numerical skills.
Quant Support Analyst (BSc, MSc or PhD)
Tasks focused on supporting the development infrastructure, databases and productivity tools along with the build, testing and release management of the analytics libraries requiring Computer Science skills.
APPLICATION PROCESS & DEADLINES
Students must apply online with an English CV + cover letter. The deadline for applications is April 30th, 2018.
QUALIFICATIONS / SKILLS / REQUIREMENTS
Currently completing a BSc/MSc/PhD at a Hungarian institution in Computer Science, Engineering, Mathematics, Physics, Finance, Economics, or similar
Excellent verbal and written English
Good working knowledge of Microsoft Excel
Excellent numerical and analytical skill
Excellent attention to detail and organizational abilities
Knowledge of programming/scripting languages such as C++ or Python