Summer Interns 2024 in [xxxxx] Markets

Job ID: 23142
Would you like an opportunity to work on the largest trading floor in Scandinavia and spend 8 weeks of your summer having fun with other summer interns while learning about the financial markets?
We offer an exciting opportunity to be part of the 2024 Summer Intern programme in [xxxxx] Markets, Copenhagen. Learn about the fundamentals of capital markets by working closely with experienced analysts, sales managers, traders, quants and IT-developers within foreign exchange (FX), fixed income, equity trading, derivatives and structured products. Meet investment bankers and client executives who create solutions for [xxxxx]’s largest corporate and financial institution customers.
As a Summer Intern in Markets, Copenhagen, you will be a valued member of the team for 8 weeks from 1 July 2024 until 23 August 2024. Eight teams in Markets are looking for summer interns and common for all is that, besides being passionate about the work we do, we prioritise initiatives to socialise, and we facilitate activities for you to network with each other and across the organisation.
The internships are paid.
Who you are
Collaboration. Ownership. Passion. Courage. At [xxxxx], these are the values that guide us in being at our best – and that we imagine you share with us.
 
For all roles, we appreciate if you:
 
Following qualifications are preferred:
About this opportunity

Below, you can read about the roles that we hope to hire summer interns for. Besides gaining experiences from working with specialists in one of the teams described below, we offer a social and insightful opportunity for you to share interests and bond with your fellow summer interns.
Markets Business Technology
Rates Business Analysts
In the Rates Business Analysts team, we work with business and other stakeholders to identify and analyse new requirements and drive implementation in our FX system landscape. We combine our IT expertise with in-depth business process understanding to deliver value to our FX business.

Rates Development and Data
In the Rates Development and Data team, we collaborate with trading and sales to identify improvement points and implement innovative solutions. These are either in the form of custom components for our trading platform or advanced analytics solutions (e.g., ML models or data dashboards). The team combines strong IT/analytical skills with in-depth business knowledge to deliver value to our rates franchise.

FX Business Technology
In FX Business Technology, we are responsible for trading gateways and infrastructure for foreign currency trading at [xxxxx]. We develop and maintain an array of services that are fault tolerant, highly available and have low latency. We work in conjunction with business analysts and operations to identify and refine business and operational requirements. We create value to our customers by delivering reliable software to ensure trading operations are up and running with little to no downtime.
Trading Capital
In the Trading Capital team, we work with all business areas and main stakeholders across Markets to analyse and optimise capital consumption. We combine our in-depth knowledge of financial products, excellent communication with the trading desks and IT tools to achieve this. We create value to the Trading franchise by providing insight into capital development, and we are constantly researching new strategies, products and innovative ideas to improve capital consumption. We look at capital consumption both in the current and future regulatory framework and, therefore, we aim at addressing both compliance to upcoming regulatory requirements and improvement of current capital consumption.
Securities Finance, Structured & Equity Trading
In the Repo Trading team under Securities Finance, we cover EUR, NOK, SEK and DKK repo markets. We excel in cross team collaboration with bond, FX and sales in order to maximize trading profit. We work with effective communication and mutual respect for our internal stakeholders. Being the most active trading desk in liquidity management, we are a vital part of [xxxxx] Markets’ efforts in securing short term funding needs.
xVA Trading
In xVA Trading, we are responsible for hedging all market related derivative Valuation Adjustments that arise from counterparty credit risk and funding. All externally traded derivatives contribute to the xVA risks, so the hedging universe for us is the totality of risk covered by the Markets unit we are part of. We work closely with many other desks in trading and sales and other specialised groups like our capital, quant, IT and risk desks. The tools/models needed in xVA Trading are highly technical and, therefore, we are looking for highly quantitative candidates with interests in the derivative financial market and who are keen on applying quant skills to real world challenges.
FX/Derivatives Sales & Research
FX/Derivative Sales and Research offers research, advice and risk management solutions to a wide range of corporate, public and institutional customers. Our solutions include bespoke and in-depth financial advisory, structuring of currency and interest rate hedging solutions and execution of financial transactions to name some. We focus on supporting our customers in their risk management journey by analysing the specific risks in combination with developments on the global financial markets. In this role, it is required to be fluent in both English and a Scandinavian language.
Quantitative Research – Desk Quants and Model Development
In Quantitative Research, we develop mathematical models and build tools and applications used in [xxxxx] Markets to price and risk manage financial derivatives and fixed income products, and to provide bond analytics for clients. Our team is responsible for the core quant library, the official risk system, and trading tools/quant support. Programming experience (ideally in Python) is a requirement.
If this sounds like you, get in touch!

Next steps

Submit your application no later than 07/04/2024. When uploading your application, you will be asked to indicate which of the above roles you are applying for. Please note that we will be contacting candidates on an on-going basis, so we welcome your application as soon as possible.
For inspiration, have a look at our Markets LC&I Career Blog, Meet our Talents: https://[xxxxx]markets.com/career/blog/. For questions regarding the positions, please contact Simon Møllegård Larsen, simon.mollegard.larsen@[xxxxx].com.
At [xxxxx], we know that an inclusive workplace is a sustainable workplace. We deeply believe that our diverse backgrounds, experiences, characteristics and traits make us better at serving customers and communities. So please come as you are.