At a Glance
- Tasks: Develop innovative solutions using AI/ML in a collaborative environment.
- Company: Join Deutsche Bank, a leader in finance with a focus on diversity and inclusion.
- Benefits: Enjoy a supportive culture, competitive pay, and wellness programmes.
- Other info: Internship runs for 18 weeks starting May 2027, with opportunities for growth.
- Why this job: Gain hands-on experience and network with top professionals in the banking industry.
- Qualifications: Postgraduate degree in a quantitative field and strong programming skills required.
The predicted salary is between 22500 - 27500 £ per year.
About the program: The Deutsche Bank Internship Program is designed to help you develop your skills through formal training and continuous support. You’ll quickly gain the confidence to take on real projects by learning first-hand how and what we deliver for clients worldwide. You’ll feel supported by colleagues from across our business and start to develop your professional network.
About the Division: Quantitative Research & Development Labs (QRD Labs) is a research and development team within DB Group Strategic Analytics (GSA). Its central mission is to empower the sales and trading functions (and related teams) with quantitative data-driven models and tools that leverage the latest developments in the AI/ML space. You will have the opportunity to use your strong foundational knowledge in deep learning and/or natural language processing to build solutions for the business which are both practical and innovative.
About the role: Our interns learn about our business through on-the-job experience. You will gain a significant understanding of the work we do, our team culture, and will develop your quantitative skills through real-life application. You may find yourself working on one large project for the entire internship or a series of smaller projects, much as you would do as a full-time member of the team. Get ready to use your quantitative and programming skills to provide impactful research and implement real solutions. You’ll also be exposed to a fast-paced and agile culture giving you the opportunity to meet and engage with leaders across the organization.
What we look for:
- You must be studying a post-graduate specialist degree (MSc or PhD) in a quantitative subject such as mathematics, engineering, physics, economics or finance.
- You will already have a record of outstanding academic achievement, and you’re eager to continue learning at the same intensive rate.
- You’ll thrive on working in a highly collaborative environment with some of the best minds in banking.
- Strong ground-up understanding of ML and AI models, from the fundamentals of machine learning to Deep Learning, with experience of its application in NLP or other domains.
- An ability to break down complex business problems and address them with a range of models and techniques, with strong intuition around suitability and complexity, and related trade-offs.
- Strong quantitative skills, e.g. statistics, probability theory, optimisation, linear algebra.
- Good Python and associated ML ecosystem skills; an understanding of lower-level languages is a bonus.
- An appreciation of different areas of finance and how they interact is useful.
- You will be comfortable interacting with stakeholders and colleagues across the bank.
Please note that to progress onto the final stage assessment, applicants will need to attend an in-person technical test on a specified date and location, which is not flexible. More details will be shared with the successful shortlisted candidates.
To be eligible for the 2027 UK Quant Internship programme you must:
- Complete your studies between 1st May 2026 and 30th November 2027. As the programme is due to start between May 2027 and June 2027, this means you may still be studying when you join the programme. In this case you are still eligible to join provided you have completed all of your exams before your start date and must complete your studies (any remaining coursework and have no outstanding requirements for graduation) by 30th November 2027.
- Have already achieved a 2:1 or First (or equivalent) in your undergraduate degree and be on track for or have already achieved a pass/merit/distinction (or equivalent) in your postgraduate degree either before you join, or by 30th November 2027.
- Have studied a postgraduate degree in a quantitative discipline such as mathematics, engineering, physics, computer science, economics, or finance.
- Possess no more than 12 months full-time, relevant work experience.
The internship will start between May and June 2027 and will have a duration of 18 weeks.
Benefits and wellbeing: Feeling healthy, engaged and well-supported, enables us to do our best work and get the most out of life outside of the office. That’s why Deutsche Bank is committed to providing benefits and programmes centred around wellbeing.
About us and our teams: Our values define the working environment we strive to create – where our people have a sense of belonging and everyone feels welcomed, respected and can contribute and grow. We know that high-performing teams have different skills, backgrounds, and experiences. We collaborate, encourage and enable open dialogue and diversity of views. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential.
We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Deutsche Bank Quantitative QRD Lab Sales and Trading Internship Programme - London - 2027 employer: Deutsche Bank AG
Deutsche Bank AG is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. As a Market Risk Manager, you will benefit from a culture that prioritises professional growth and development, alongside competitive compensation and comprehensive benefits. The opportunity to engage with diverse teams and contribute to the expansion of the global Energy business makes this role both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Deutsche Bank Quantitative QRD Lab Sales and Trading Internship Programme - London - 2027
✨Tap into Campus Resources
Universities often have strong ties with banks and financial institutions. Make sure to check in with your career services for any internship fairs or networking events. These can be golden opportunities to meet representatives from firms like Deutsche Bank AG and make a lasting impression.
✨Join Finance Societies and Clubs
Get involved with finance or investment clubs at your university. These not only offer great networking potential but often host guest speakers from the industry. Show your enthusiasm and engage with these professionals—who knows, they might tip you off about internship openings at Deutsche Bank AG!
✨Have Your Application Ready to Go
Internship applications can be competitive and come with tight deadlines. Be proactive! Have your CV and cover letter prepared and tailored for roles at Deutsche Bank AG. When the openings go live, you’ll want to be one of the first to apply.
✨Leverage LinkedIn for Connections
LinkedIn is a powerful tool, especially in the banking sector. Follow recruiters from Deutsche Bank AG and connect with alumni who are working in similar roles. Don’t hesitate to drop them a message to introduce yourself and express your interest in internships—they might have insider info or even refer you!
We think you need these skills to ace Deutsche Bank Quantitative QRD Lab Sales and Trading Internship Programme - London - 2027
Some tips for your application 🫡
Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!
Craft Your Cover Letter with Care:For an internship, we want to see your enthusiasm and motivation. Use your cover letter to explain why you’re excited about this opportunity at Deutsche Bank AG and what you hope to learn. Be personal and connect the dots between your education and the role of Deutsche Bank Quantitative QRD Lab Sales and Trading Internship Programme - London - 2027.
Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!
Utilise Relevant Experiences:If you've been involved in finance-related clubs or societies at university, mention that in your application. Showing your practical experience alongside your studies can make a real difference and demonstrate your passion for the financial world. We love seeing candidates who go the extra mile!
How to prepare for a job interview at Deutsche Bank AG
✨Show Us Your Analytical Skills
As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.
✨Know Your Financial Tools
Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.
✨Be Passionate About Learning
Internships are all about learning, so express your enthusiasm for the banking industry. Share what trends you're excited about, or recent news you've followed, to show you're motivated and engaged. This can set you apart from other candidates who might be less enthusiastic.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your fit within a team and your ability to handle challenges. Think of examples from your studies or group projects that highlight your teamwork, adaptability, and communication skills. We want to see how you've navigated situations that are relevant to the workplace!
