At a Glance
- Tasks: Dive into trading and tech, working on real projects with a small team.
- Company: Join DRW, a leading trading firm with a culture of innovation and collaboration.
- Benefits: Enjoy competitive pay, furnished housing, mentorship, and fun social events in London.
- Other info: Engage in community activities and educational courses to enhance your trading knowledge.
- Why this job: Gain hands-on experience and present your work to senior leaders after 10 weeks.
- Qualifications: Pursuing a degree in maths, economics, or related fields; Python programming skills required.
The predicted salary is between 20000 - 30000 £ per year.
Our formula for success is to hire exceptional people, encourage their ideas and reward their results. As a Quantitative Trading Analyst Intern, you will gain exposure to the dynamic worlds of trading and technology in order to learn what it takes to become a successful and sustainable trader. You will work on a small team to combine the disciplines of technology, research and risk management to identify optimal trading and investment strategies within the regulatory framework through a series of project-based assignments. At the conclusion of 10 weeks, you will have the opportunity to present your results to senior leadership at DRW.
How you will make an impact…
- Collaborate with senior traders, technologists and quantitative researchers by developing and improving trading strategies by working directly on the trading desk.
- Identify and research in the development of cutting-edge market research projects using powerful analytic tools.
- Market research projects vary from macroeconomic data curation and analysis to application of machine learning techniques to market tick data for automated trading.
- Be given immediate responsibility through assignments like position tracking, calculating risk, and analysing vital theoretical values.
What you bring to the team…
- Are pursuing a bachelor’s, master’s or PhD in mathematics, economics, physics, statistics, computer science or any engineering related field and have an expected graduation date between December 2027 and August 2028.
- Advanced quantitative, analytical and problem-solving skills and the ability to deploy those skills under time-sensitive situations.
- Proficient programming in Python.
- Are self-motivated, enjoy challenges and significant responsibility, and thrive in fast-paced, competitive environments.
- A passion for the financial markets and a deep curiosity to explore new methodologies.
- Strong communication skills to advocate your ideas in a clear and concise manner to the group.
What to expect during the internship:
- Meaningful projects: Each project, advised by a trader, promotes a comprehensive learning experience and provides you with real-world work experience.
- Community: Throughout the summer, we host a variety of educational, social and team-building activities to explore the city, foster friendships and camaraderie.
- Housing: DRW provides fully furnished apartments located close to the office – making your morning commute as easy as possible.
- Mentorship: You’ll build a professional relationship with an experienced mentor in your field. Mentors and mentees meet to discuss goals, challenges and professional development and explore the city together at our mentor outings.
- Education: As the trading industry continually evolves, both in terms of new products and transaction methods, the future will present us with unique opportunities and challenges. You’ll complete an options course taught by an experienced trader and participate in a technology immersion course to better understand how technology and trading intersect.
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets. We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
Quantitative Trading Analyst Intern in London employer: DRW
DRW is an exceptional employer that fosters a dynamic and innovative work culture in the heart of London. With a strong emphasis on employee growth, we offer opportunities for professional development and collaboration with leading quantitative researchers. Our commitment to cutting-edge technology and a supportive environment makes DRW an ideal place for Software Engineers looking to make a meaningful impact in the world of quantitative trading.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Trading Analyst Intern in London
✨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 DRW 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 DRW!
✨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 DRW. 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 DRW 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 Quantitative Trading Analyst Intern in London
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 DRW and what you hope to learn. Be personal and connect the dots between your education and the role of Quantitative Trading Analyst Intern.
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 DRW
✨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!
