State Street Bank & Trust Co. Data Science Summer Intern - Ungergraduate (NYC) in New York, New York

Summer Intern, truView

truView is a multi-asset-class analytics platform offered as a service to clients of State Street. Initially developed to serve hedge funds within State Streets IFS subsidiary, truView now serves a wide variety of institutional investors, including pension funds, asset managers, and insurance companies, in addition to a growing portfolio of hedge fund clients. The system currently processes more than 50 million positions per month, representing trillions in securities.

The Position

truViews risk measurements are done using a full repricing methodology, requiring a large array of valuation models for cash and derivative instruments. truViews risk services offers a suite of product such Enterprise risk management, liquidity risk management, factor modeling, transparency and portfolio look-through, and macro-economic stress testing.

The position will focus on the macro-economic stress testing, analyzing links between models built by the truview team, and relevant news curated to surface impact on a clients portfolio within State Street Global Exchange newest mobile technology leveraging machine learning and natural language processing.

The Work

A member of the Macro-economic Research team analyzing linkage between recent news and portfolio risk profile changes, using tools such as:

Data mining

Statistical inference

Programming (Python preferred)

Regression models

Machine Learning Processes

Natural Language Processing

Qualifications

Pursuing an Undergraduate degree in statistics, mathematics, artificial intelligence or operational research

Python programming skills

Strong interest in data science

Strong verbal written and interpersonal communication skills

Strong sense of curiosity about how news may impact investment portfolios

Strong interest in economic and political news as it relates to the investment world



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