Quantitative Research Intern - Graduation Assignment

Nedstar, a young and fast-growing ethanol trading and distribution company in the heart of Amsterdam, is seeking a highly motivated and talented quantitative student to join our team as a Quantitative Risk Management Intern for a 6-month Graduation Assignment. The successful candidate will be responsible for conducting research on the possibility to hedge our product, Ethanol with a focus on price and position risk management. Check www.nedstar.com for more info. 

Responsibilities:

• Conduct research on the feasibility of hedging our product, Ethanol.
• Find the index with the highest correlation, potentially by developing a custom-made proxy based on other indexes.
• Develop and implement models to forecast Ethanol price trends.
• Analyse data and identify potential risks and opportunities for hedging.
• Work with the team to develop hedging strategies based on the research findings.
• Collaborate with internal stakeholders to implement the selected hedging strategies.
• Team-up with external advisors to benchmark and improve your findings and conclusions.
• Monitor the effectiveness of the hedging strategies and make recommendations for improvement.
• Present you findings in your end presentation to the board.

Requirements:

• Master’s degree student in Econometrics, Applied Mathematics, or a related field.
• Availability for 6 months.
• Strong quantitative skills and experience in statistical analysis and modelling.
• Excellent problem-solving and critical thinking abilities.
• Strong communication and teamwork skills.
• Ability to transfer mathematical models into practical implications for Nedstars trading team.
• Fluent in English, both written and verbal.
• Experience with programming languages such as Python, R, Risk management software and Market Research and Analysis tools will be useful in the assignment.

Benefits:

• Opportunity to gain practical experience in a dynamic and fast-growing company in the heart of
• Amsterdam.
• Exposure to a range of logistics-related topics and technologies.
• Ability to make a lasting impact in day-to-day operations of Nedstar
• Strong internal guidance and support from the team.
• Access to an external consultant to take the project to the next level.
• Potential job offer after a successful delivery.
• Travel and lunch accommodated by Nedstar

How to apply

If you are interested in this Quantitative Research Internship at Nedstar, please send your CV and a cover letter to hr@nedstar.com. We will review your application and contact you for an interview if we find that your skills and experience match our requirements.