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Summer Internship Programme

Salary notes: 
Competitive
Job/scheme locations: 
London
Type of opportunity: 
Internship
Application deadline: 
08/11/2019

Our Internship Programmes offer an opportunity to be a part of a talented, global team. Instinctively entrepreneurial. Ambitious in nature. Determined to succeed.

As an intern at Macquarie, you’ll sit side-by-side with business leaders and have the opportunity to work on projects and transactions from day one. After an in-depth induction, you’ll gain valuable experience and insight into your chosen business area working closely with the team on live deals and transactions. This experience will provide unique insights into both Macquarie and the broader financial services industry and can set you up for a successful career once you have completed your studies.

Opportunities

Technology

Our Technology team works on delivering innovative technological solutions to provide fast and reliable systems to place trades, deliver value and position us to be competitive within the market. Our teams are responsible for driving simplification and consolidation of our technology architecture and efficiency of our key infrastructure platforms and own strategic initiatives such as cyber security, and public and private cloud programs.

  • Software Developers/ Front Office Support Engineers/ Business Analysts

Technology is an integrated division with a strong infrastructure and operations basis that supports all of Macquarie, layered with strong business and enterprise-wide solutions. Our portfolio of work spans across significant strategic initiatives, business initiatives and external and regulatory initiatives. The work we do demonstrates the extent to which Technology is integral to Macquarie’s businesses. 

You’ll work closely with senior IT and finance professionals, learning how technology is used to manage risk in a global financial institution. Key responsibilities of the role include implementing software design, testing and deployment best practices; identifying opportunities to improve technology infrastructure and executing the process of planning and communicating change. You will develop and code our applications and platforms, which will involve high technical analysis, problem solving skills and mathematical abilities.

  • Automation Engineers

 As a Summer Intern you will work in an agile environment, focusing on the automation of products across a hybrid cloud platform. Your role will involve hands-on development including maintaining code bases, application deployments, and automating testing capabilities. You will be part of a team which is responsible for public and private cloud infrastructure, troubleshooting and overseeing operational projects which will involve high technical analysis and problem-solving skills.

  • UX/ Design Thinking

You will join CGM UX (user experience) team with Digital Services, a diverse, global group that works collaboratively with developers, product owners and business users to design a range of financial applications for Macquarie clients, colleagues and external customers. Projects are highly varied and can range from specialised risk management applications for front-office staff to regulatory dashboards to specialised data visualisation applications on desktop and mobile devices.

Each UX project can vary in its approach but essentially follows similar stages, namely Discovery, Analysis, Design and Implementation. To cover this process, the principal roles in the team are UX Designers (user research, personas analysis and task analysis, sketches and wireframes), Visual Designers (prototypes and high-resolution visual designs) and finally a front-end (technology) development team for implementation. Designers work on Apple Mac computers using a range of tools.

The team is highly skilled and experienced, and you will gain valuable exposure to understanding what’s it like to work in a modern, digital design team and profit from their mentorship of your work.

Risk Management

  • Credit Risk & Market Risk

You would be tasked with writing quality, insightful and detailed reports which assess the risk Macquarie faces across its business activities. You must be able to communicate this analysis to senior members of the risk team who will challenge your recommendation and ultimately accept the risk on behalf of Macquarie. You will develop with training and will gain a broad understanding of the various industries, markets, sectors and products that Macquarie is involved in and how we manage the associated risks.

  • Compliance

As a Summer Intern you will be working across a number of compliance areas including assisting with risk reporting to keep management informed of the operation and progress of compliance efforts; monitoring for regulatory change and analysing and communicating the impact of change; assisting with risk based reviews and monitoring, in line with regulatory obligations and internal policies and procedures.

Commodities and Global Markets

Our Commodities and Global Markets (CGM) group specialises in providing clients with access to markets, financing, financial hedging, research and market analysis, and physical execution across energy; metals, mining and agriculture; fixed income and currencies; credit; futures and equity markets.

  • Central Risk

Our Central Risk team provides our businesses globally with pricing and risk management assistance, and an independent view on how risk is managed and represented in our trading systems.

As a Summer Intern in our Central Risk team, you’ll work with businesses to identify and manage risk in systems and processes, design tactical and strategic solutions to support our culture of risk-based decision making and have the opportunity to evaluate the development of new products. You’ll also undertake thorough financial risk and P&L analysis for derivatives and structured products, and work on projects used by all of CGM’s trading businesses.

  • Commodities QIS Sales

Our QIS Business is a market-leader in providing clients with access to algorithmic or systematic trading strategies across asset classes (Commodities, Equities, Fixed Income). Our team research, design and sell strategies to institutional investors such as asset managers, pension funds and hedge funds globally. Our strong technology platform allows us to build sophisticated investable indices for our clients which can be customised to meet their needs.

As a Summer Intern in QIS Sales you’ll use your analytical and communication skills on the sales desk to help prepare information for clients on our strategies. You will work with structuring, trading and technology to learn about the process of creating a strategy, the nuances of investment across different asset classes, and how to present sometimes complex products to clients in one of the fastest growing areas of investment.

  • Commodities QIS Trading

As a summer intern in QIS Trading you will use your quantitative and analytical skills to support the traders in their activities such as risk hedging, performance assessment and reporting. You will work closely with the Structuring and the Quant Strat teams to launch new strategies and integrate them in the trading execution infrastructure.

  • Commodities QIS Structuring

The QIS team develop quantitative/systematic trading strategies across various asset classes. In the Quantitative Investment Strategy team, within Structuring you will gain hands on experience researching systematic strategies during the internship under the guidance of senior team members.

We’re looking for a strong academic background in a quantitative subject and good programming skills (ideally in Python).

A typical internship in QIS involves taking the lead on building a new strategy under the guidance of senior team members. You will need to:

  • Review academic papers on the strategy
  • Gather relevant data
  • Code up initial prototypes of the strategy in python
  • Discuss and implement improvements to the strategy before delivering a final model
  • Present findings to sales team to decide how to market the strategy
  • Work on marketing materials

Asset Management

Macquarie Infrastructure and Real Assets

Macquarie Infrastructure and Real Assets (MIRA) is part of MAM and has partnered with clients, governments and communities to finance, manage, develop and enhance essential real assets for twenty-five years. Today, MIRA’s portfolio is relied on by more than 100 million people every day. Our team of over 800 people globally invests in businesses that underpin economies and communities – aiming to add real and lasting value for our clients and the people our assets serve.

MIRA manages $US129 billion in assets, including: 155 portfolio businesses, approximately 600 properties and 4.7 million hectares of farmland. We recognise that these businesses play an important role in people’s lives and that we are in a position to make a material difference to their operations. That’s why, whether we are financing the construction of wind farms in India or partnering with our portfolio companies to create safer work environments for their employees, we remain focused on the responsibility we have to create stronger, more sustainable investments and a legacy of which everyone can be proud.

We have Intern opportunities across two teams within MIRA:

Investor Solutions Group

As an intern, you’ll contribute to the critical role our team plays in the MIRA value proposition, which involves developing new products, raising capital from investors, and managing relationships with MIRA’s existing client base. Together with the rest of the team, you will work with senior relationship managers and product specialists to support MIRA’s global fundraising efforts by building a strong understanding of MIRA’s platform and business model, as well as the track record and strategy of its managed funds and the underlying assets. You can expect to deliver investor reporting and updates, develop market analysis to deliver new clients to the business. You will benefit from broad exposure across infrastructure assets and sectors and also other alternatives, such as real estate, private credit and agriculture. As a result, you will be at the heart of the MIRA business.

Infrastructure Equity Investment Team

Your role as an intern in one of our Infrastructure Equity Investment teams will see you working on infrastructure assets across Europe, helping to manage and invest in companies that underpin communities, economies, and supply chains.

Relied on by over 100 million people around the world each day, our diverse portfolio includes investments in green infrastructure like wind farms and solar farms, road networks connecting communities, airports serving major cities, high-quality real estate and telecommunications infrastructure.

In addition to helping shape the future direction of these businesses, you will be given the opportunity to help ours – working on projects and research relating to existing and targeted assets and assisting with acquisitions through detailed valuation analysis and due diligence.

Investment Banking

As a Summer Intern  at Macquarie Capital, you will be given the opportunity to work in our award-winning and market-leading corporate advisory and principal investment businesses. Our unique service offering gives you the opportunity to specialise in an area of your choice.

Macquarie Capital offers global corporate finance capabilities underpinned by deep specialist expertise across a range of sectors. Our people are empowered to think innovatively to address individual client challenges and originate opportunities, thinking beyond individual transactions to become a trusted adviser and partner over the long haul.

This, combined with our ability to invest our capital to enable new opportunities, sets us apart from other financial services advisory firms. From origination to execution, our unique combination of ideas, capital and expertise is transforming opportunity into reality for our clients and partners around the world.

About you

We're looking for students completing their degree in 2021 from a wide range of degree backgrounds and on track for a 2:1 or equivalent. Together we can create success for our clients, colleagues and communities. You can build your own future as you contribute to ours.

If you can demonstrate strong academic performance and involvement in extra-curricular and community activities, we'd like to hear from you.

Applications open on 1 September 2019 and the deadline is 8 November 2019, however, please note that we hire on a rolling basis. Salaries are competitive. All roles are based at 28 Ropemaker, Ropemaker Place, London, EC2Y 9HD.

Remember to mention TARGETjobs when contacting employers!

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