Internship - Fixed Income Algorithmic Trading

Internship|New York|Corporate & Investment banking

Internship - Fixed Income Algorithmic Trading

New York, United States Internship Corporate & Investment banking


Summary of key responsibilities:

  • Perform client and trade analyses
  • Propose new statistical methods to describe, sum-up and understand client behaviours
  • Improve existing code dedicated to analytic tools
  • Understand the global structure of the electronic market making desk
  • Understand the different risks and challenges facing by the desk

Profile required

Summary of Responsibilities:

  • Performing daily and monthly client analysis (Hit Ratio, Hedging costs, Performance, …)
  • Performing trade analysis to quickly identify opportunities and trading issues
  • Present monthly analytical report and proposals to head of trading desks with the help of EMM traders
  • Working on the universe of products inside the scope (treasuries cash and futures, interest rates swaps, credit bonds)
  • Responsible for python client analysis code base: identify potential code issues, propose correction/improvement and implement optimal solution
  • Manage data lake of Terabyte composed of client trading data, automaton data, market data, …

Follow-up with other development done by other teams or other regions

The ideal candidate needs to have a strong interest in finance and particularly trading. He needs to be curious, dynamic and willing to learn in a fast-paced environment. He also needs to have the following academic skills.

  • Master degrees or equivalent in quantitative field (Engineering, Physics, Mathematics, Statistics, Computer Science)
  • Strong data analysis skills in Python with pandas/numpy packages
  • Design of jupyter notebooks with dynamic tables/charts and widgets
  • Familiarity with interest rates products (IR swaps, Bonds, Futures)
  • Good knowledge of time series analysis, statistics and popular Machine Learning algorithms
  • Knowledge of object oriented programming concepts
  • Knowledge of scripting in batch/powershell is a plus
  • Familiarity with VCS such as Git and/or SVN
  • Management of a Python environment/packages on Windows with conda
  • Familiarity with XML/YAML/JSON syntaxes is a plus
  • Good knowledge of Excel
  • Good communication skills
  • Previous internship in finance is a plus

Business insight

The EMM Rate trading desk focuses on the Electronic Market Making of fixed income products. The trading is purely automated from pricing to clients to hedging the products and managing the inventory. The desk focuses on US treasuries cash and futures, Interest rates swaps, ETF and credit bonds.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 21000YRS
Entity: SG Americas Securities
Starting date: 2021/12/27
Publication date: 2021/11/22