Internship
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Intern - Quantitative Services

London Stock Exchange Group
London

Expected closing date: Tuesday, 30 November 2027

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TL;DR

Key Takeaways

  • 12-week Quantitative Services Summer Internship Programme in London or Dublin.
  • Contribute to risk analytics services development, including ORE.
  • Requires penultimate year graduate students in quantitative fields (Math, Physics, Financial Engineering) with predicted PhD or Master's.
  • Applications close: 30th November (rolling basis).

About the Role

About the Internship

This is a 12-week full-time internship programme starting in June 2027, designed to give you insight into a career within the Quantitative Services team of Post Trade Solutions at LSEG.

What You'll Do:

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

What We're Looking For:

  • Interest in Quantitative Finance, demonstrated through studies, projects, or independent work.
  • Good understanding of at least Python or C++.
  • Familiarity with Git and LaTex is ideal but not essential.
  • Functional knowledge of stochastic models/SDEs (e.g., Ornstein-Uhlenbeck/Hull-White model, Black-Scholes model).
  • Strong collaboration and communication skills.
  • Curiosity for data and ability to analyse information to draw conclusions and propose solutions.
  • Knowledge of financial derivatives and pricing techniques (e.g., finite difference, Monte Carlo Simulation).
  • Right to work in London or Dublin without restrictions for the duration of the internship.

Recruitment Process:

  1. Application and resume submission.
  2. Immersive Online Assessment.
  3. Video interview.
  4. Coding assessment.
  5. Half-day assessment centre (virtual).

Working Arrangements:

  • Hybrid working: 3 days in the office, with flexibility.

About LSEG:

LSEG is a leading global financial markets infrastructure and data provider. We drive financial stability, empower economies, and enable customers to create sustainable growth. Our values are Integrity, Partnership, Excellence, and Change. We are a diverse organisation of 25,000 people across 65 countries.