Trading and Research Summer Internship

This entry-level quantitative trading and macroeconomic portfolio strategy scheme focuses on absolute return modeling and financial derivative engineering, training quantitative students to formulate data-driven research ideas, execute algorithmic simulations, and develop trade analysis tools using Python and Excel.

Description

Capula Investment Management is a leading global quantitative hedge fund managing over $35 billion in assets.

We are headquartered in London and have offices in New York, Singapore, Hong Kong, Tokyo, Geneva and Abu Dhabi. We manage absolute return, enhanced fixed income, macro and alpha strategies for a diversified group of investors worldwide. Capula invests in a broad universe of asset classes, including fixed income, equities, currencies and commodities, as well as derivatives related to these asset classes.

The Internship Programme:

Each year we hire a small cohort of highly motivated and intellectually curious students who are interested in pursuing a career in trading to join our Summer Internship Programme. We hire interns our global offices in London, New York, Hong Kong, Singapore and Tokyo.

This is a fantastic opportunity to work with some of the industry's best traders who have a strong, proven track record. Interns are embedded within a specific team and will gain direct experience of working with portfolio managers and traders, develop quantitative strategies and models that will contribute to real trading decisions.

The internship runs for ten weeks from June to August. At the start of the internship, you will join us at our London headquarters for Intern Orientation Week, where you will participate in training and activities that will help prepare you with the skills and knowledge to excel in the internship.

This includes:

• Training on financial markets;

• Trading Simulation game;

• Presentations from senior stakeholders and managers of front office and support teams; and

• Social and networking activities, including an intern dinner with Senior Portfolio Managers

Your responsibilities as an intern will include:

• Working closely with Traders, Portfolio Managers and Quantitative Researchers on defined project(s) leading directly to trading decisions;

• Receiving and participating in training in financial modelling, analysis, research methods and trading strategies;

• Evaluating market conditions and economic data analysis;

• Assisting in developing research ideas to support the desk's trading strategies; and

• Developing tools and reports to aid in trade analysis and identification

The recruitment process is typically as follows:

• Python coding challenge

• Interview with our Talent team

• Quantitative interview with a member of the Quantitative Strategy team

• Final interview with a Senior Trader or Portfolio Manager, and Chief of Staff

Applications are screened on a rolling basis, so we recommend you apply as early as possible.

Diversity, Equity and Inclusion

Capula is committed to fostering a collaborative and inclusive environment, providing employees with the opportunity to develop their skills and advance their careers in the financial sector. We actively promote equality of opportunity for all with the right mix of talent, skills and potential, and welcome applications from a wide range of candidates.

Requirements

• Students due to graduate in 2027 or 2028, who are working towards a Bachelor's, Master's or PhD degree in a Economics, Finance or a quantitative discipline (e.g. Mathematics, Physics, Computer Science, Engineering etc.)

• A demonstrable interest in financial markets and trading (although no previous finance experience is required)

• Outstanding quantitative and analytical skills

• Experience with Python and Excel (C++, R and Java are also beneficial, though not essential)

• Strong interpersonal and communication skills

Benefits

• Competitive salary

• Relocation assistance (accommodation allowance and travel to/from the internship location)

• Visa sponsorship

• Employee restaurant with free breakfast, lunch and dinner in London, and subsidised lunch options in our other global offices