Intern - Quantitative Services

About the role

A 12-week summer internship with LSEG’s Quantitative Services team in Boston, starting June 2027. Interns support Open-Source Risk Engine development, risk analytics, portfolio pricing, stress testing, backtesting, and financial application delivery while collaborating with quant, risk, and collateral management teams. Candidates need graduate study in a quantitative field and Python or C++ skills.

Responsibilities

• Contribute to the development of the Open-Source Risk Engine (ORE).
• Support infrastructure for the Initial Margin Risk Generation service.
• Price client portfolios and perform stress testing and backtesting using ORE.
• Calculate portfolio risk measures, including VaR and SIMM, using ORE.
• Translate client portfolios into ORE XML format.
• Collaborate with collateral management and risk teams to build financial applications.

Eligibility and Skills

• Be in the penultimate year of graduate study and complete the degree by summer 2028.
• Pursue a predicted master’s or PhD in mathematics, physics, financial engineering, or another quantitative field.
• Demonstrate interest in quantitative finance through studies, projects, or independent work.
• Have a good understanding of Python or C++.
• Have functional knowledge of stochastic models, SDEs, and financial derivatives pricing techniques.
• Collaborate effectively, communicate clearly, analyse information, and propose solutions.

Recruitment Process

• Submit one application and a resume; multiple applications result in review of the first application only.
• Complete an untimed immersive online assessment.
• Complete a strength-based video interview.
• Attend a virtual half-day assessment centre with several exercises.
• Assessment centres are conducted virtually.