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Undergrad internship

Joined
6/4/14
Messages
122
Points
128
Hi,
I am from Canada (U.Waterloo), and while applying for a few internships, I came across a unique position that felt quant related, but the title is simply "Intern". So I am going to post the job info (w/o the name) and I would appreciate if you could tell me if the experience would be transferable when I apply for a quant position on graduation (p.s I have an interview with the company in a week)



In order to support the increased hedging and control activities, the high standards of hedging process robustness, as well as the ongoing projects within XXX, we are looking for a junior team member to strengthen the H&A team.

YOUR MAIN RESPONSIBILITIES
The junior specialist reports to the manager Hedging & Assets, is supervised by senior team members, and has the following range of tasks and responsibilities:
Improve the robustness and flexibility of the operations related to the VA hedge program by analysis/clean-up/design/automation of the relevant processes and supporting tools, such as:
o Data processing and management for XXX and Business units.
o Calculation of liability Greeks and reserves, product pricing;
o Regression tools for investment fund line-up, to model the liabilities.
o Robust and automated process of cash management;
o Tools for Hedge preparation and reporting (integration/automation);
o Design automation layer around various internal and external tools for research and testing needs;
Document the process(es) and tool(s), summarize the findings, discuss with management and supervisors, and work out an action plan

¿ Participate in the business operations cycles that involve the tools in scope;
¿ Cooperate with other team members and relevant Business Units to facilitate the improvement of the processes in scope.
EXPERIENCE & SKILLS
¿ Self-starter, focus on details;
¿ Good oral and written communication skills;
¿ Quantitative discipline with excellent academic record;
¿ Solid knowledge and strong interest in programming and quantitative model prototyping/development;
¿ Basic knowledge of risk management and option hedging processes/concepts is an asset
¿ Working experience in MS Excel, VBA, Matlab, MS Access;
¿ Experience with more advanced programming languages/frameworks (C++, .Net, etc.), scripting, multi-threaded/GPU programming is a plus;
¿ Previous internship/work experience in a financial firm environment is an asset.
 
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