Financial Risk Analytics which sit within the Credit & Risk Solutions (C&RS) business line inside S&P Global Market Intelligence Division, continues to innovate and deliver best in class risk analytics to its buy side and sell side clients. Our solution suite is comprised of buy side risk, traded market risk, counterparty credit risk, stress testing, and derivative valuations adjustments (xVA) solutions. The solutions cover a broad range of asset classes including Equities, FX, Rates, Inflation, Fixed Income, Commodities, Credit and Structured Products. The suite of products and solutions enable our clients to effectively calculate, manage and hedge risks on their derivative portfolios.
The Team
The Financial Engineering team works with software developers and product experts to build, maintain, and support various solution suites. The team is mainly responsible for adding and maintaining risk analytics and methodology capabilities to our products. We endeavour to deliver latest and greatest risk methodology via our products and are constantly researching and exploring the latest trends in the industry. Additionally, the team is also responsible in supporting existing clients and showcasing modelling capabilities in our products to new prospects.
The Impact
Financial Risk Analytics is in the business of helping clients calculate and manage risks on their portfolios. The Financial Engineering team is instrumental in defining and building out these models that help our clients understand and manage those risks.
What’s in it for you
You will have the opportunity to
- Work on the latest methodologies and best practices in Risk Management.
- Opportunity to be an SME in a specific area and build out / influence the product
- Work with a team of highly talented and diverse individuals
During your summer at S&P Global you'll have the chance to partner with our industry experts, with on-the-job experience focusing on high impact work that allows you to apply and develop your skills. Networking, business insights and tailored learning opportunities all support your growth and development, setting you up for success as you begin your career.
The Summer Internship Program will provide you with a variety of experiences to help you identify your strengths, develop highly transferable skills, and align you to a successful career path for a bright future at S&P Global.
Responsibilities
In this role the applicant will primarily own or contribute to:
- Develop, test and maintain methodologies for various risk measures
- Work with other FEs to maintain and update the pricing and simulation library
- Analyse current industry practices on modelling choices and its impact on the financial library
- Document risk models along with their assumptions, interfaces
- Work with Product Management team to develop demos and carry of proof of concepts using the solutions
- Support existing client use cases and implementations
What we’re Looking For
Key Qualifications
- Working towards Master's or Bsc Numerate degree completing no later than 2024
- Sound coding skills in at least one programming language e.g Python, Matlab
- Financial derivatives and modelling background preferred
Soft Skills
- Effective written and oral communication.
- Self-starter and proactive.
- Ability to express and iterate over ideas with others in the team
UK Eligibility
To be eligible for our UK Summer Internship program you must have the right to work full-time now and in the future. We currently do not offer visa sponsorship; however, we do run our programs in several locations across the globe and welcome you to consider those that are relevant to you.
How to apply
Submit your online application, which should include your CV, along with a short cover letter/motivational statement in one attachment (we suggest around 300 words). We want to hear more about you; why you’re interested in joining S&P Global, and why you’re interested in being considered for the role/s you have applied for.
Application and assessment process
The assessment process that follows is designed to ensure you can learn more about us, showcase your skills and find a role that is right for you.
Stage 1
Apply by submitting your CV and cover letter, ensuring your graduation month and year are clearly stated.
Stage 2
Screening stage: In most locations, this screening stage will be in the form of a telephone interview.
Stage 3
Final stage: The final stage will consist of interviews with the hiring teams.
About us
S&P Global delivers essential intelligence that powers decision making. We provide the world’s leading organizations with the right data, connected technologies and expertise they need to move ahead. As part of our team, you’ll help solve complex challenges that equip businesses, governments and individuals with the knowledge to adapt to a changing economic landscape.
S&P Global Market Intelligence partners with customers to broaden their perspective and operate with confidence by bringing them leading data sources and technologies that embed insight in their daily work.
Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.