Internship - Equity Derivatives Quantitative Pricing

Job description

Société Générale Global Markets Division (MARK) provides talented students and graduates with the opportunity to develop their careers within a leading global markets franchise. During this internship, you will join the Equity Derivatives Financial Engineering team in New York, working at the intersection of quantitative finance, structuring and trading. The primary focus of the internship will be the pricing and modeling of structured notes and equity derivatives.

You will work closely with Financial Engineers, Structurers, Traders and Quantitative Research teams to develop and improve quantitative approaches used to analyze and price structured products. This position is particularly suited to a candidate with a strong quantitative background and a deep interest in derivatives pricing, option theory and mathematical modeling.

Intern Responsibilities

Structured Products Pricing & Quantitative Analysis Work on the modeling and pricing of equity derivatives and structured notes, including products with complex optionality and path-dependent features. Develop quantitative tools to analyze product valuation and key risk sensitivities, including Greeks, volatility, correlation, dividends and interest-rate sensitivities. Study and implement option-pricing methodologies using techniques such as Monte Carlo simulation, numerical methods and analytical/semi-analytical approaches.

Analyze the impact of different modeling assumptions on the pricing and risk of structured products. Quantitative Development & Modeling Develop and enhance Python-based quantitative tools and pricing libraries used by the Equity Derivatives Financial Engineering team. Implement and test pricing methodologies and numerical algorithms. Perform quantitative studies comparing models, market parameters and pricing approaches.

Contribute to the automation and industrialization of pricing and analytics. Collaboration with Trading, Structuring & Quantitative Research Work closely with Structurers and Traders on real-life pricing problems and product analysis. Interact with Quantitative Research, Risk and IT teams on models, methodologies and implementation. Contribute to quantitative projects supporting the development of the Equity Derivatives and Structured Products franchise.