Quant Finance Intern: Risk Modeling & ORE

LSEG

Boston (MA)

Hybrid

USD 45,000 - 74,000

Full time

2 days ago

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Job summary

London Stock Exchange Group (LSEG) offers a 12-week internship in Boston starting in June 2027. You will contribute to the development of the Open-Source Risk Engine (ORE), and support the infrastructure for the IM Risk Generation service while gaining hands-on experience in quantitative finance.

You will price client portfolios, perform stress-testing and backtesting with ORE, translate positions to the ORE XML format, and collaborate with collateral management and risk teams to build financial

Qualifications

Interest in Quantitative Finance demonstrated through studies or projects
A good understanding of at least Python or C++
Familiarity with Git, LaTeX, is ideal but not essential
Knowledge of stochastic models/SDEs (e.g., OU, Hull‑White, Black‑Scholes)
Collaborative mindset with strong communication skills
Curiosity for data and ability to analyze information to draw conclusions
Knowledge of derivatives and pricing techniques (finite difference, Monte Carlo)
Rights to work in USA without restrictions for the duration of the internship

Responsibilities

Contributing to the development of Open-Source Risk Engine (ORE).
Supporting the infrastructure for the IM Risk Generation (IMRG) service.
Pricing client portfolios and performing stress-testing and backtesting using ORE
Utilizing ORE to calculate risk (VaR, SIMM, etc.) on client portfolios
Translating client portfolios into the ORE XML format.
Collaborating with collateral management and risk teams to build financial applications