Preparation and Making the most of my internship

[nyac]

Hey!
I'm a first year FE student studying in the US with no prior work ex. I will be working with a BB as a Quant Analyst at their Mortgage trading desk this summer. I was vaguely told my work will revolve around pricing and risk management of the desk. I'm reaching out to understand how I can prepare for this job. Also, do you have any advice on how I can make the most out of my internship and full-time (hopefully, it's extended).

 

[Andy Nguyen]

Make the best impression you can during your internship. You said pricing and risk management so I guess that would include running simulation/VaR calculation. You can reach out to see what tech stack that desk will be using so you can get ready to contribute on day one. I would imagine Python, VBA/Excel and nothing like hardcore C++.
We have a goldmine of risk management resource here. Read up on mortgage products.

Risk Management Resources

Risk management related materials

quantnet.com

You have to start somewhere and a role as QA intern on a trading desk is as good as any. This is where you make your impression and get to network.
Best of luck and let us know if you need anything.