Default Management Intern - Year Round

CME Group • New York, NY

8d • $24 - $40

About The Position

CME Group is currently looking for a Default Management intern. The Default Management team is a specialized domain within the risk management department of the CME Group. The team performs various risk management tasks and other activities that pertain to managing a default. Default management activities are time critical, varied and sensitive in nature and we develop software solutions to automate these activities. As a Default Management Intern, you won't be sitting on the sidelines. You will be involved in understanding all the aspects of default management, learn how to maintain and support the existing default management tools, and help develop new ones. You will work closely with business leaders to create and deliver solutions that optimize performance and efficiency. You will have the opportunity to apply and hone your finance and risk management skills in a structured program that allows you to work side-by-side with, and learn from, those who are thriving in this exciting and growing field.

Requirements

• Basic knowledge of derivative products (swaps, futures, options) across multiple asset classes (energy, metals, fixed income, etc.) is essential.
• Proficiency in Excel is required.
• Working knowledge of Python, VBA, and SQL is preferable.
• Excellent problem-solving skills.
• Excellent written and verbal communication skills.
• Currently pursuing a Master's degree in Finance or a related field.
• Local to New York
• Available Part time (20 hours) during school year an full time (40 hours) during the summer
• Please note that our company is unable to provide employment sponsorship for this position and can only consider candidates who are legally authorized to work in the United States without sponsorship assistance (CPT, H1B, F1, L etc.).

Responsibilities

• Understand the business (default risk management) and its requirements.
• Design, develop, and test various risk management tools.
• Streamline and automate the workflow by introducing new and improved procedures.
• Support default management drills.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern