Job description
The purpose of the role:
- Merge Rosenberg and TSFD TCAs
- Improve best execution monitoring by building a model to estimate pre-trade transaction cost
Main responsibilities:
- Build a state of the art Equity TCA: build new reports for traders and PMs and implement controls on data quality
- Enhance management and regulatory reports (multi-asset report, BECOM, investment committee, listed derivatives…) and ensure the data is consistent amongst them
- Improve best execution monitoring: build a model to estimate pre-trade transaction cost for trades targeting VWAP and CLOSE, compare actual broker’s performance to this pre-trade cost and build comprehensive dashboards to monitor broker’s net performance.
- Coding improvement: simplify our architecture and queries where possible
- Ad-hoc TCA analysis: find ways to improve liquidity and minimise transaction cost.
- Help the Electronic Trading and Data team to automate the trading workflow.
What the internship will offer
As an intern, you’ll be immersed in a financial environment and learn about asset management and trading. You’ll gain experience in working first-hand with data scientists and traders to research and apply the latest quantitative techniques to solve business problems.
- Currently pursuing a master’s degree in mathematics, finance, and data science (final year student)
- Prior internship experience in data science or quantitative trading is desirable but not required
- Strong numerical and analytical background
- Interest for quantitative finance and research
- Deep academic knowledge of mathematics fundamentals: probability, statistics, analysis
- Knowledge in programming and data management (Python, SQL, Tableau)
- Curious and eager to learn
- Aptitude for problem solving and finding clever solutions to complex unstructured systems
- Ability to articulate ideas clearly with sharp communication skills and a teamwork mentality
- Proactive, results-oriented
- Fluent spoken and written English
Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things. In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.
AXA Investment Managers (AXA IM) is a responsible asset manager, actively investing for the long-term to help its clients, its people and the world to prosper. Our high conviction approach enables us to uncover what we believe to be the best global investment opportunities across alternative and traditional asset classes, managing approximately €817 billion in assets as at the end of September 2022.
AXA IM is a leading investor in green, social and sustainable markets, managing €502 billion of ESG-integrated, sustainable and impact assets as at the end of September 2022.
We are committed to reaching net zero greenhouse gas emissions by 2050 across all our assets, and integrating ESG principles into our business, from stock selection to our corporate actions and culture. Our goal is to provide clients with a true value responsible investment solution, while driving meaningful change for society and the environment.
At end of September 2022, AXA IM employs over 2,600 employees around the world, operates out of 26 offices across 19 countries and is part of the AXA Group, a worldwide leader in insurance and asset management.
We are proud to foster a high-performance culture, which means that we seek to recruit and retain people who are not only technically-skilled but also globally-minded, innovative and able to leverage their unique perspectives and life experiences to support our success as a company. Employing the best professionals from the widest possible talent pool is at the heart of our strategy of delivering excellent quality of service to our diverse clientele.