Summer Derivatives Quant Analyst Intern

First Citizens; Raleigh (NC); On-site; USD 30,000 - 41,000; Full time

Job summary

First Citizens Bank offers a summer internship in its Finance Quantitative Office, focusing on derivatives modeling, monitoring, and risk measures. You will work 40 hours per week, be assigned a project, and present results to division leaders at the internship’s end.

The role involves analyzing swaps and vanilla options, benchmarking analytics, and collaborating with a dynamic team across analytics, research, and technology enhancements.

Qualifications

• High School Diploma or GED and 1 year of experience.
• Currently enrolled at an accredited collegiate institution during the program.
• Ability to work 40 hours per week during the program.

Responsibilities

• Analyze swaps and vanilla options in rates and FX.
• Benchmark analytics like mark-to-market and Greeks.
• Provide rationale for extensions to the model inventory.
• Cross-check production results using existing systems.
• Present project outcomes to division leaders at close.

Skills

Adaptability

Communication

Critical thinking

Education

Currently enrolled at an accredited college

Tools

Python

SQL

QuantLib

Job description

First Citizens Bank offers a summer internship in its Finance Quantitative Office, focusing on derivatives modeling, monitoring, and risk measures. You will work 40 hours per week, be assigned a project, and present results to division leaders at the internship’s end.

The role involves analyzing swaps and vanilla options, benchmarking analytics, and collaborating with a dynamic team across analytics, research, and technology enhancements.