Quantitative Finance Associate Summer Internship Program 2027 New York

Barclays•New York, NY

1d•$125,000 - $150,000•Onsite

About The Position

This 10-week internship program within Barclays' Quant focused business areas aims to provide interns with invaluable insights into the work and culture of the markets division. The program is designed as a 1-2 year targeted, fast-track to develop specialist technical expertise. Interns will be embedded with Quant teams, expected to make a tangible impact from day one by utilizing AI tools for algorithmic trading strategies, researching and developing models, or producing data analysis tools for valuation and risk management. The program offers opportunities to join specialist teams such as Markets Quantitative Analytics, Risk Quantitative Analytics, and Electronic Trading.

Requirements

Participation in the day-to-day activities of the markets division providing insights and expertise that help senior colleagues make informed decisions, develop new products and services, and identify new market opportunities.
Using the latest AI tools to work on algorithmic trading strategies.
Researching and developing models.
Producing data analysis tools for valuation and risk management.
Quantitative research, technology and market expertise.
Quantitative research and software engineering.
Trading, quantitative research, data science, technology, and risk control expertise.
Build technical know-how, business acumen and leadership skills.
Connect with mentors, and network with colleagues and senior leaders alike.

Nice To Haves

1-2 year targeted, fast-track program focused on developing specialist technical expertise.
If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
For an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments.
Identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.

Responsibilities

Execution of small research projects.
Conduct research to support strategic decision making.
Prepare presentations and reports to communicate research findings.
Collaborate with senior management to implement research findings for the global markets division.
Collaborate with cross-functional teams to support business initiatives.
Participate in training and development programs to enhance skills and knowledge.
Identify opportunities, develop business cases, and manage the deployment and launch of new products and services for the global markets division.
Manage client relationships and provide customer service support to clients and customers, responding to questions about products and services, and processing transactions.
Manage the development and implementation of financial models and strategies that support decision making in the global markets division.
Train and mentor junior colleagues.
Advise and influence decision making.
Contribute to policy development.
Take responsibility for operational effectiveness.
Collaborate closely with other functions/ business divisions.
Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function.
Set objectives and coach employees in pursuit of those objectives.
Appraise performance relative to objectives and determine reward outcomes.
Lead collaborative assignments and guide team members through structured assignments.
Identify the need for the inclusion of other areas of specialisation to complete assignments.
Identify new directions for assignments and/or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
Identify ways to mitigate risk and develop new policies/procedures in support of the control and governance agenda.
Take ownership for managing risk and strengthening controls in relation to the work done.
Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc) to solve problems creatively and effectively.
Communicate complex information.
Influence or convince stakeholders to achieve outcomes.
Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship.
Demonstrate the Barclays Mindset – to Empower, Challenge and Drive.