INTERN - Risk Product Specialist jobs in United States
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Numerix ยท 1 week ago

INTERN - Risk Product Specialist

Numerix is a leader in financial technology, providing expertise in quantitative analytics and software for pricing and risk management. The Risk Product Specialist Intern will assist in developing risk management products, collaborating with clients and internal teams to identify product features and enhancements.

Financial Services
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Growth Opportunities
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H1B Sponsor Likelynote

Responsibilities

Work with Clients, Financial Engineers and R&D to analyze product gaps and enhancement requests, draft technical specifications and assist in prioritizing developmental efforts
Understand requirements using interviews, document analysis, requirements workshops, surveys, site visits, business process descriptions, use cases, scenarios, business analysis, tasks and workflow analysis
Critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needs
Serve as business and technical expert on pre-sales and post-sales projects as needed. Work may include serving as business and technical resource for active client implementations
Develop prototypes based on the aforementioned business analysis by leveraging, Numerix SDK, Python and other tools
Work cross functionally with various departments, our clients, as well as the entire Numerix organization as a member of a Risk team

Qualification

Market Risk AnalyticsCounterparty Credit RiskPythonQuantitative FinanceFinancial Services ExperienceAnalytical SkillsProduct StructuresCurve BuildingPricing ModelsMarket DataRegulatory StandardsDerivative ProductsTransaction Life-cycleCommunication Skills

Required

Bachelor's degree in finance, mathematics, economics or related field
Strong analytical and communication skills are required, including a thorough understanding of how to interpret business needs and translate them into functional and technical requirements
Good understanding of market risk analytics and counterparty credit risk analytics including MtM, Greeks, Stress Testing, VaR, PFE and XVA
Intermediate coding skills are required with Python preferable
Familiarity with Product Structures, Curve Building, Pricing Models, Market and Reference Data

Preferred

Masters in Quantitative Finance or MBA in Finance degree preferred
FRM, PRM, CFA a plus
Familiarity with banking regulatory standards such as Basel III endgame/FRTB is a plus
Working knowledge of front office or middle office systems a plus: Bloomberg, Calypso, Murex, Misys, RiskMetrics, Calypso, Algorithmics
Knowledge of listed and OTC Cash and Derivative products including valuation models and methodologies. Exposure to multiple Asset Classes (FI, Commodities, Credit, Equities and FX) a plus
Good understanding of Derivative transaction life-cycle management from both a Front and Back Office perspective is a plus
Experience in the Financial Services industry a plus. Front or middle office experience at a sell-side institution, hedge fund or asset manager a plus

Company

Numerix is a capital markets front-to-risk technology provider.

H1B Sponsorship

Numerix has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (10)
2024 (9)
2023 (7)
2022 (15)
2021 (10)
2020 (9)

Funding

Current Stage
Growth Stage
Total Funding
unknown
2022-08-30Acquired

Leadership Team

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Emanuele Conti
Chief Executive Officer
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Nestor Nelson
SVP, Chief Information Officer
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Company data provided by crunchbase