Structuring internship: Design and implementation of Cross Asset QIS indices

Structuring internship: Design and implementation of Cross Asset QIS indices

Internship 20000 - 30000 £ / year (est.) No working from home possible
TargetJobs UK

At a Glance

  • Tasks: Design and implement innovative Cross Asset QIS indices with a dynamic team.
  • Company: Join Marex, a leading global financial services platform with a collaborative culture.
  • Benefits: Gain real-world experience, mentorship, and potential full-time opportunities.
  • Other info: Work in a fast-paced environment with excellent career growth potential.
  • Why this job: Dive into the exciting world of Quantitative Investment Strategies and make an impact.
  • Qualifications: Final-year engineering or quantitative finance student with strong analytical skills.

The predicted salary is between 20000 - 30000 £ per year.

Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access, and infrastructure services to clients across energy, commodities, and financial markets. The group offers comprehensive coverage across four core services: clearing, agency and execution, market making, and hedging, as well as investment solutions.

Marex Solutions is one of Marex’s four segments. The team is diverse, with individuals from a range of banking and trading backgrounds, who share a common vision and drive for delivering outstanding, innovative solutions to clients. We encourage creativity, innovation, and a strong “can‑do” attitude.

We are looking for a highly motivated final‑year engineering or quantitative finance student to join the Cross‑Asset Structuring team in London or Paris for a 6‑month internship. The focus will be on Quantitative Investment Strategies (QIS), working alongside structurers, quants, and traders on the design, analysis, and implementation of systematic investment strategies, particularly in Commodities, Digital Assets, and X‑Asset Volatility. The internship may also cover a range of products such as structured derivatives across equities, rates, credit, commodities, FX, and crypto.

What We Offer

  • Immersion in a front‑office structuring environment
  • Exposure to real‑time product design and strategy implementation
  • Mentorship from senior structurers and traders
  • Access to live market data and structured product pipelines
  • Potential full‑time opportunities for strong performers

Overall Responsibilities

  • Assist in the design and documentation of QIS indices and systematic strategies
  • Support structurers in translating trading ideas into robust, indexable frameworks
  • Perform quantitative analysis, backtesting, and scenario analysis of strategies
  • Analyze volatility, correlation, and cross‑asset dynamics relevant to structured products
  • Contribute to payoff engineering for structured notes and OTC derivatives
  • Prepare internal memos, presentations, and client‑facing materials
  • Interact closely with trading desks to ensure hedgeability and the right modeling & risk assessment
  • Support governance, index rules drafting, and lifecycle monitoring of strategies
  • Ensure compliance with the company’s regulatory requirements under the FCA
  • Adhere to the operational risk framework ensuring compliance
  • Role model for demonstrating highest levels of integrity and conduct in line with Company Values
  • Comply with internal policies and report any breaches of policy to Compliance and/or your supervisor
  • Provide input to risk management processes, as required

Skills And Experience

  • Final‑year student (3A) in an engineering school or Master’s programme
  • Quantitative Finance Masters: M2 Probabilités et Finance (El Karoui), M2 Laure Elie, or equivalent
  • Strong academic record in mathematics, statistics, and computer science
  • Excellent written and verbal communication skills in English

Competencies

  • Mathematics: Stochastic calculus, PDEs, probability theory, numerical methods, optimization
  • Machine Learning: Deep learning fundamentals (CNNs, RNNs, Transformers), PyTorch or TensorFlow, basics of reinforcement learning
  • Programming: Advanced Python, experience with NumPy, Pandas, SciPy; C++ is a plus
  • Finance: Derivatives pricing theory, Black‑Scholes framework, volatility modeling; exposure to exotic products is a plus
  • Ability to communicate complex ideas clearly
  • Strong analytical and problem‑solving abilities
  • Curiosity and ability to innovate
  • Enthusiasm for Crypto as an asset class is a plus
  • Ability to work independently while collaborating effectively with sales, traders, and quants

Conduct Rules

  • Act with integrity
  • Act with due skill, care, and diligence
  • Be open and cooperative with the FCA, the PRA, and other regulators
  • Pay due regard to the interests of customers and treat them fairly
  • Observe proper standard of market conduct
  • Act to deliver good outcomes for retail customers

Company Values

  • Respect: Clients are at the heart of our business, with superior execution and superb client service. We respect our clients and always treat them fairly.
  • Integrity: Doing business the right way is the only way. We uphold high ethical standards in everything we do.
  • Collaborative: We work in teams, promoting open and direct communication. Working collaboratively is essential for our success.
  • Developing Our People: Our people are the basis of our competitive advantage. We aim to “grow our own” and make Marex the place for ambitious, talented people to build their careers.
  • Adaptable and Nimble: Our size and flexibility are advantages. We support clients’ diverse needs and respond swiftly to changing conditions, fostering initiative and satisfaction in a well‑controlled environment.

Marex is committed to eliminating unlawful or unfair discrimination and appreciates the diversity that a varied workforce brings.

Structuring internship: Design and implementation of Cross Asset QIS indices employer: TargetJobs UK

Marex Group plc is an exceptional employer, offering a dynamic and inclusive work environment in the heart of London or Paris. As a final-year engineering or quantitative finance student, you will benefit from hands-on experience in a front-office structuring role, mentorship from industry experts, and opportunities for career advancement within a global financial services platform that values creativity, integrity, and collaboration.

TargetJobs UK

Contact Details:

TargetJobs UK Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Structuring internship: Design and implementation of Cross Asset QIS indices

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 TargetJobs UK 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 TargetJobs UK!

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 TargetJobs UK. 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 TargetJobs UK 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 Structuring internship: Design and implementation of Cross Asset QIS indices

Quantitative Analysis
Stochastic Calculus
Probability Theory
Numerical Methods
Optimization
Machine Learning
Deep Learning Fundamentals

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 TargetJobs UK and what you hope to learn. Be personal and connect the dots between your education and the role of Structuring internship: Design and implementation of Cross Asset QIS indices.

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 TargetJobs UK

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!