Intern Model Risk Management

At a glance

ABN AMRO Financial Markets Model Risk (FMMR) has an opening for an intern for a period of at least 3 months for the role of Intern Model Risk Management. We are a highly specialized team of mathematicians and engineers that validate models for used for a broad range of applications, including valuing OTC derivatives and market risk calculation. We are looking for a students in quantitative fields (quantitative finance, math, physics) with good grades, proven affinity for financial markets and practical knowledge of Python or C++ and computer science.

• 36-40 hours
• Schaal N/A: € 750 pm

Your job

As an intern with FMMR you will be embedded in a team of highly skilled and experienced professionals. We use advanced techniques for the validation of valuation and risk models, and the implementation of these models into our internal libraries. We analyse the mathematical foundation of models, implement independent challenger models to assess the performance, and provide advice to senior management. As inter you will contribute to all of these aspects. Our code is written in C++ and Python and our software runs in the cloud. Being part of Financial Markets Model Risk team combines knowledge of financial markets, quantitative models and IT.

Your working environment

You will be part of the Financial Markets Model Risk team, situated in Amsterdam. Our team consists of 18 staff members. We work in hybrid form from both the office and home.

Your profile

We are looking for a student in the final year of a master’s degree in a quantitative field, such as (applied) mathematics, (applied) physics or quantitative finance, with an excellent academic record.

• You are enrolled in the final year of a master’s programme at a Dutch university.
• You have a proven affinity with financial markets and practical experience with Python or C++.
• You have a strong interest in quantitative models and computer science.
• You are analytically strong, intellectually curious, and eager to learn.
• You enjoy working in a team, are a team player, and have well-developed interpersonal skills.
• Relevant extracurricular activities and/or international experience are considered a plus.

The internship has a minimum duration of 3 months, with the possibility of extension up to 6 months.

What we offer

An internship with ABN AMRO at our Amsterdam based head-office offers a chance to show your skills and talents in a professional and corporate environment. You will have the opportunity to be the best you can be and lots of room to grow both personally and professionally and work in a fast paced environment, together with a team of highly knowledgeable and experienced professionals. You will receive a compensation for your internship in line with market practice.