At a Glance
- Tasks: Support the trading desk with reports and enhance tools for trading activities.
- Company: Dynamic financial institution in London with a focus on innovation.
- Benefits: Gain hands-on experience, mentorship, and networking opportunities in finance.
- Why this job: Dive into the exciting world of trading and make an impact on real financial markets.
- Qualifications: Recent graduates in numerate disciplines with strong Excel and VBA skills.
- Other info: Fast-paced environment with potential for career advancement in finance.
The predicted salary is between 500 - 1500 £ per month.
We are seeking a proactive and analytical intern to support the Cross Currency & G8 Rates Trading desk in London. This role is crucial in assisting the team responsible for Non-Euro Rates Products including Government Bonds, Cross Currency, Interest Rate Swaps, and FX markets. The internship offers a broad scope of experience in trading, pricing methodologies, hedging, and regulatory environments. Strong skills in Excel and VBA are essential for this role, along with a keen analytical mindset.
Key Responsibilities
- Support the trading desk by producing essential reports such as PNL, FX exposure, funding, brokerage fees, and risk assessments.
- Contribute to the delivery of commercial contributions and activity metrics.
- Develop and enhance spreadsheets and tools used by the trading team.
- Collect and analyse information on desk funding requirements and procedures.
- Provide explanations and indicators related to PNL.
- Participate in system upgrades including the identification of development needs, testing, and validation.
- Report informally on specific business-related issues to Traders and/or the Global Head of Cross Currency & G8 Rates.
Candidate Criteria
- Minimal Education Level: Bachelor Degree / BSc Degree or equivalent.
- Academic Qualification / Speciality: Graduated within the past 18 months with a minimum of a 2:1 or equivalent. Degree in Engineering, Mathematics, Science, or a related numerate discipline.
Experience
- Basic understanding of macroeconomics, rates, and FX markets.
Required Skills
- Knowledge of database programming and macro-economic concepts is desirable.
- Ability to handle complex trades with minimal supervision and strong problem-solving skills.
- Excellent planning, organisation, and deadline adherence skills with meticulous attention to detail.
- Strong numerical and analytical capabilities.
Technical Skills Required
- Strong skills in Excel and VBA.
12 Month Internship - Cross Currency and G8 Rates Trading employer: TargetJobs UK
Contact Detail:
TargetJobs UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land 12 Month Internship - Cross Currency and G8 Rates Trading
✨Tip Number 1
Network like a pro! Reach out to people in the industry through LinkedIn or alumni networks. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to trading and finance. We recommend doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 3
Showcase your Excel and VBA skills in practical ways. Create a portfolio of projects or analyses you've done, and be ready to discuss them during interviews. It’ll set you apart from the crowd!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace 12 Month Internship - Cross Currency and G8 Rates Trading
Some tips for your application 🫡
Show Off Your Analytical Skills: When writing your application, make sure to highlight your analytical mindset. We want to see how you approach problems and your ability to analyse data, especially in relation to macroeconomics and FX markets.
Excel and VBA are Key!: Don’t forget to mention your skills in Excel and VBA! We’re looking for someone who can develop and enhance spreadsheets, so give us examples of how you've used these tools in your studies or previous experiences.
Be Proactive in Your Approach: We love a proactive attitude! In your application, share instances where you took the initiative, whether it was in a project or during your studies. This will show us that you're ready to support our trading desk effectively.
Apply Through Our Website: Finally, make sure to apply through our website! It’s the best way for us to receive your application and ensures you don’t miss out on any important updates about the internship.
How to prepare for a job interview at TargetJobs UK
✨Know Your Numbers
Brush up on your knowledge of macroeconomics, rates, and FX markets. Be prepared to discuss how these concepts relate to the role and provide examples of how you've applied analytical skills in past experiences.
✨Excel and VBA Mastery
Since strong skills in Excel and VBA are essential, make sure you can demonstrate your proficiency. Prepare a few examples of spreadsheets or tools you've developed, and be ready to explain your thought process behind them.
✨Understand the Trading Desk
Familiarise yourself with the key responsibilities of the Cross Currency & G8 Rates Trading desk. Think about how you can contribute to producing reports like PNL and risk assessments, and be ready to share your ideas during the interview.
✨Ask Insightful Questions
Prepare thoughtful questions that show your interest in the role and the company. Inquire about the team dynamics, current projects, or challenges they face in trading. This not only demonstrates your enthusiasm but also helps you gauge if it's the right fit for you.