CME Group · 5 months ago
Quant Risk Management Intern - Year Round
CME Group is the world’s leading derivatives marketplace, currently seeking a Quant Risk Management year-round intern. The intern will assist the Quant FnO team with model validation, performance analysis, production support, and quantitative research related to risk management.
FinanceMarketplaceFinancial ExchangesFinancial ServicesStock Exchanges
Comp. & BenefitsNo H1B
Responsibilities
Conduct rigorous margin and stress testing model validations to ensure systemic stability
Execute daily portfolio back-testing and historical data validation for equity-based products
Oversee code release testing and ensure the seamless integration of quant libraries into production environments
Independently conduct quantitative research to formulate, implement, and document solutions for complex risk problems
Qualification
Required
Master's degree or PhD in Financial Mathematics, Financial Engineering, Computer Science, Physics, or a related quantitative field
Available 40 hours a week
High proficiency in Python and SQL is essential
Deep understanding of statistical models in risk management, specifically: Historical and Monte Carlo VaR, Multi-Factor Risk Models, Stressed VaR & Liquidity Risk models
Solid foundation in financial markets, advanced derivatives modeling, and volatility surfaces
Conduct rigorous margin and stress testing model validations to ensure systemic stability
Execute daily portfolio back-testing and historical data validation for equity-based products
Oversee code release testing and ensure the seamless integration of quant libraries into production environments
Independently conduct quantitative research to formulate, implement, and document solutions for complex risk problems
Preferred
Experience with C++/C# is strongly preferred
Benefits
Comprehensive health coverage
Mental health benefit
Company
CME Group
Derivatives marketplace and clearing services for global risk management.
Funding
Current Stage
Public CompanyTotal Funding
$1BKey Investors
Google
2021-11-04Post Ipo Equity· $1B
2002-12-06IPO
Leadership Team
Terrence Duffy
Chief Executive Officer
Lynne Fitzpatrick
President and Chief Financial Officer
Recent News
2026-09-07
2026-09-07
Company data provided by crunchbase