2026 Summer Internship - Risk Management at DV Trading LLC in Chicago

Summary: DV Trading is a proprietary trading firm headquartered in Chicago, seeking a Summer Intern for their Risk Management team. The role involves generating risk scenario exercises, building quantitative risk monitoring systems, and contributing to strategic initiatives within the team. Responsibilities: - Generate suggestions for risk scenario “wargaming” exercises - Build and execute advanced quantitative risk monitoring using results from above exercise, including design, collection and analysis of key risk metrics in collaboration with multiple stakeholders to influence business strategy - Utilize advanced quantitative analytics to assess future risk, opportunities, and effectiveness and translate results into meaningful solutions to enhance decision making - Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team - Present results of the reviews performed to the Executive Management Team Required Qualifications: - Pursuing a BS or MS in Mathematics, Statistics, Physics, Computer Science, or another highly quantitative field and expected to graduate by Winter 2026 or Summer 2027 - Knowledge of enterprise risk management and internal control standards, especially within the financial services industry - Proficient to advanced knowledge of statistical modeling and other quantitative techniques including, but not limited to, linear & non-linear regression, optimization, simulation, time-series analysis, probability theory, survival analysis, value-at-risk, PCA, and GARCH - Knowledge of modeling systems and/or computer programming languages used for modeling (Python and SQL proficiency is required) - Ability to communicate complex concepts and findings in a clear and concise manner Preferred Qualifications: - R, C++, Power BI, Tableau proficiency is preferred - Proficient in data management and reporting tools strongly desired (Essbase, SQL, SAS, Word, Excel, Power Point, Access) Required Skills: Statistical modeling, Quantitative techniques, Python, SQL Important Skills: Enterprise risk management, Data management tools Internship Start Date: Start in 2026 Summer