INTERNSHIP

TRADER ASSISTANT
Job description
Within Daiwa Capital Markets, the London-based Equity Derivatives Trading
desk focuses on pricing and hedging several vanilla and exotic structures on
stocks.
Derivative instruments require complex pricing tools and the changing nature of
the market entails up-to-date and innovative approaches.
In this perspective, the intern will use his knowledge and skills to assist the
traders in improving the pricing methodology. The role consists in:
- Establish a quantitative model for the structures and their risks
- Find efficient pricing methodologies
- Build the pricing/decision tools

The intern will work closely with traders and quants in a challenging
environment.

Skills requirement
In their final year at an Engineering School/Post-graduate degree, candidates
must have a strong mathematical background and be able to demonstrate an
applied interest in financial products and statistics in addition to their academic
studies.
Candidates must have solid programming experience and be fully proficient with
Excel/VBA.
Fluency in English is required.

Start date: April 2011

Duration: 6 to 12 months