Internship

Data Science Intern

Confirmed live in the last 24 hours

Overbond

Overbond

1-10 employees

AI-driven analytics for bond issuance

Fintech
AI & Machine Learning
Financial Services

Remote in Canada

Category
Data Science
Data & Analytics
Required Skills
Redshift
Python
Airflow
Data Science
R
SQL
Kinesis
AWS
Requirements
  • Currently completing Bachelors or Masters degree in relevant disciplines (Mathematics, Computer Science, Statistics or other quantitative related discipline)
  • Some experience in data mining, machine learning and statistical modeling
  • Solid knowledge in regression, time series analysis, tree methods, neural network, sampling
  • Proven track record of building and demonstrating business value from predictive models and data products
  • Highly proficient in building statistical and algorithmic models with complex and large data sets such as supervised statistical learning, times-series analysis, regression analysis, data visualization and deep learning
  • Capability to architect highly scalable distributed systems, using different open source tools
  • Coding experience in SQL or Python or R
  • Experience with AWS Kinesis, DynamoDB, Lambda, Redshift, Glue, Athena and Airflow
  • An entrepreneurial mindset, likes working in an agile environment, driven to ship frequently
  • Excellent communication and interpersonal skills
  • Team-oriented, pragmatic, self-starting
  • Likes to learn and grow with teammates in a highly collaborative and open environment
  • Understanding of, or interest in, finance and investments
Responsibilities
  • Collect, analyze and visualize colossal datasets using a variety of emerging technologies to help solidify our understanding of users and improve product decision-making
  • Assist in design, build and maintain an expanding set of robust predictive models and applications to drive forecast accuracy
  • Contribute towards data science initiatives to recommend actionable business insights using big data analytics and machine learning techniques
  • Leverage distributed and open-source computing tools for recommendations, classification, regression, and feature extraction, from logistic regression to matrix factorization, to deep learning neural networks
  • Prepare detailed documentation to specify data sources, models and algorithms used and developed
  • Collaborate with the engineering team to deploy models and algorithms in production
  • Effectively communicate data insights in a non-technical manner to key stakeholders and senior management team

Overbond provides AI-driven quantitative analytics specifically for the institutional fixed income capital markets. Its platform digitizes the bond issuance process, enhancing transparency and security. The platform offers features such as data aggregation, bond pricing algorithms, bond buyer matching, pre-trade signals, and market surveillance. It caters to institutional clients like investment banks, asset managers, and hedge funds, equipping them with actionable insights and efficient execution capabilities. Unlike many competitors, Overbond focuses on integrating advanced AI analytics into the bond market, which helps improve market efficiency. The company's goal is to enhance the bond issuance and trading experience through its subscription-based services and transaction fees.

Company Stage

Seed

Total Funding

$3.2M

Headquarters

Toronto, Iowa

Founded

2015

Growth & Insights
Headcount

6 month growth

-50%

1 year growth

-46%

2 year growth

-57%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Deutsche Börse enhances European fixed-income data integration.
  • AI-driven Smart Order Routing system optimizes credit trading automation.
  • Clients achieve ten times ROI and $3 million additive profit per trading desk.

What critics are saying

  • Increased competition from AI-driven bond trading platforms like Algomi and Liquidnet.
  • Rapid AI advancements require continuous R&D investment, straining financial resources.
  • Regulatory scrutiny on AI trading systems could lead to stringent compliance requirements.

What makes Overbond unique

  • Overbond offers AI-driven real-time data solutions for bond trading automation.
  • The platform digitizes the primary bond issuance process, enhancing transparency and security.
  • Overbond's AI algorithms provide comprehensive bond pricing and market surveillance.

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