Trainee, Quantitative Research (One Year Contract)

Vacancy details

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.


For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
  

Reference

2021-56445  

Update date

21/07/2021

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

Trainee, Quantitative Research (One Year Contract)

Contract type

Internship/Trainee

Job summary

Summary

In CA-CIB, the Quantitative Research (QR) team is present in Paris, London, New York and Hong Kong. Its main mission is to define and develop models and methods used by the trading to price and hedge derivatives products.

In Hong Kong, the quantitative research aims to:

- support/train the local trading on all models/methods developed by the QR team

- contribute to studies and implementation of models in coordination with the QR team

The ideal candidate should complete their Master/Bachelor Degree requirements by June 2021 and is available to start the position in August 2021.

Key Responsibilities

The trainee missions are:

- Studies of models to test their efficiency with focus on Profit & Loss and hedges stability when market data move (in particular volatility surface and dividends for equities). These studies could be made in particular using back testing tools developed by the QR team.

- Provides support to the local trading teams (Credit, Rates, Structured Rates and Hybrids) regarding the models developed by QR team

- Work closely with the QR Teams in Hong Kong and Paris and provide assistance if required

Personal data provided by job applicants will be used strictly in accordance with the employer’s personal data policies, a copy of which will be provided immediately upon request.

La version française est disponible sur demande à votre RH locale

 

Position location

Geographical area

Asia, Hong Kong

City

HONG KONG

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

• Bachelor or Master Degree in Financial Mathematics or Financial Engineering with less than 12 months' of full time working experience

Level of minimal experience

0-2 years

Experience

• Previous internships in Banking and Global Markets preferred

Required skills

• Possess strong mathematical background

• Extensive financial markets knowledge

• Strong communication and interpersonal skills, motivated, rigorous and team-oriented

Technical skills required

• IT literate (must be proficient in C++ in particular)

Languages

• Fluent in English