Motivation and aspirations
I applied to the summer internship due to an interest in financial markets, and a desire to experience how the markets work in practice. During my studies I have focused on econometrics, finance and programming subjects, hence the summer internship at Nordea Markets provided a perfect opportunity to get first-hand experience with trading floors and financial markets.
Diving into market risk and coding and meeting many Markets people
As intern in Trading Capital, I’ve spent most of my time learning about market risk, going through code in Excel, SQL and Python, and getting an understanding of how it works and how different financial risk measures are calculated. Throughout the summer, I’m going to help analysing and showing the capital consumption in the market.
While working in Trading Capital, I have met many different people working with capital usage in Markets, and have regularly talks (and coffee) with the xVA (x-valuation-adjustment) team.
I regularly meet up with the other summer interns for lunch and have breakfasts with different teams on the trading floor.
Great learnings and extremely helpful and welcoming people
During the internship, so far, I’ve learned a lot about financial markets, the different teams in Nordea Markets and about market risk. I’m learning to get an understanding of how risk is calculated and how it’s handled on a daily basis, which is extremely interesting. I have done some coding in Python for generating dashboards of equity risk and equity P&L. Also, us interns have been having weekly introductions to the different teams. So, I’ve learned a lot, already, in the first two weeks.
The people working here are extremely helpful and welcoming, and eager to answer any question an inexperienced intern may have. Additionally, contrary to my expectations, the trading floor is relatively quiet (due to the summer vacation season), so it is not a challenge to focus on the task at hand.