S&P Market Intelligence: Credit Risk and Solutions
TheRole: Financial Engineer Intern
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
The Location: London
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 Company Statement:
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.
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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.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world.
We are widely sought after by many of the world’s leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world’s leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com.
Our divisions include: – 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.
– S&P Global Ratings offers critical insights for credit, risk and sustainable finance solutions that are essential to translating complexity into clarity, so market participants can uncover opportunities.
– S&P Global Commodity Insights enables organizations to create long-term, sustainable value with data and insights for a complete view on the global energy and commodities markets.
– S&P Global Mobility turns invaluable insights captured from automotive data to help our clients understand today’s market, reach more customers, and shape the future of automotive mobility.
– S&P Dow Jones Indices provides iconic and innovative index solutions, bringing transparency to global capital markets.
– S&P Global Engineering Solutions solves for tomorrow’s challenges today by transforming workflows and end-user experiences with data, insights and technology.
