INTERNSHIP DETAILS

2026 Summer Internship - Risk Management

CompanyDV Trading
LocationChicago
Work ModeOn Site
PostedMarch 20, 2026
Internship Information
Core Responsibilities
Responsibilities include generating suggestions for risk scenario wargaming exercises and building/executing advanced quantitative risk monitoring using results from these exercises. The role also involves utilizing advanced quantitative analytics to assess future risk and presenting findings to the Executive Management Team.
Internship Type
full time
Salary Range
$30 - $35
Company Size
492
Visa Sponsorship
No
Language
English
Working Hours
40 hours
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About The Company
Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 350+ people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser. We invest in exceptional individuals and empower them to realize their goals and make a lasting positive impact on our organization. Engaging a diverse group of talented people from different cultural, socioeconomic, and educational backgrounds helps provide us with a competitive advantage that drives our success.
About the Role

About Us:
Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

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.

Requirements:

  • 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; 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)
  • Ability to communicate complex concepts and findings in a clear and concise manner.

Compensation range: $30.00-$35.00/hr

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.

 

Key Skills
Risk Scenario WargamingQuantitative Risk MonitoringStatistical ModelingLinear RegressionNon-linear RegressionOptimizationSimulationTime-Series AnalysisProbability TheorySurvival AnalysisValue-at-RiskPCAGARCHPythonSQLData Management
Categories
Finance & AccountingData & AnalyticsScience & Research