# Stage - FICC Quantitative Research (f/m/d)

**Company**: Corp & Inst Banking
**Location**: PARIS, Paris
**Work arrangement**: onsite
**Experience**: entry
**Job type**: internship
**Category**: Research
**Industry**: Finance

**Apply**: https://portal.careers.hsbc.com/careers/job/563774612563585?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_8fb747c8-0b3

## Description

We are seeking a talented intern to join our Fixed Income Currencies and Commodities (FICC) Quantitative Research team in Paris.

The team focuses on research related to business expectations, and there may be interactions with the trading desk.

Responsibilities:

- Review the current state of modelling a swaption volatility cube

- Understand and manipulate the machine learning model implemented last year for completing the swaption volatility cube

- Enhance the existing model with new components, such as interest rate regimes and customised activation functions

- Backtest the extension of the existing model on a fictitious swaption portfolio

- Analyse and diagnose results using graphical representations

Profile:

- Master's degree in applied mathematics or a related field

- Strong object-oriented programming skills (Python, C++)

- Good knowledge of machine learning algorithms

- Solid quantitative and numerical analysis skills

- Fluency in English

Why join HSBC? HSBC has been certified as a 'Top Employer 2026' in Europe, recognising our HR practices and leadership in several European countries.

Benefits:

- Autonomy and flexibility through our teleworking agreement

- Dynamic career development programs, mentoring, coaching, and quality training

- Access to various devices to ensure psychological well-being

- International opportunities

- An inclusive work environment that supports diversity and well-being

- Restaurant vouchers or access to the company restaurant

## Skills

### Required
- Python
- C++
- machine learning
- quantitative analysis
- numerical analysis
- English

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Source: [Apply at portal.careers.hsbc.com](https://portal.careers.hsbc.com/careers/job/563774612563585?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)