Skip to main content

Date live: Jan. 09, 2025

Business Area: See job description

Area of Expertise: Early Careers

Reference Code: JR-0000033572

Contract: Intern

Do you have a quantitative trading inclination?

Barclays makes markets in nearly all major asset classes, providing sophisticated, timely solutions to our clients. Quantitative positions in our Sales and Trading teams are filled with candidates who like to work in a fast-paced, dynamic and exciting environment. Such traders quickly process information and anticipate market trends to help clients make their next move. Sound like the place for you? Find out when you join us as a summer analyst.

The chance to make an impact

As a summer analyst, you’ll spend 10 weeks in our New York office learning about the market as well as Barclays’ global businesses, products and services. You will complete three rotations on different Sales and Trading desks across the following areas:

  • credit
  • equities
  • equity financing
  • foreign exchange
  • municipals
  • rates
  • structuring

The right candidate will have a background in one or a group of the following:

  • physics, mathematics, finance or engineering, with relevant coursework in statistics, linear algebra, optimization, machine learning and stochastic calculus
  • experience analyzing large data in one or more programming languages: Python, C++, Java, etc.

Through your desk assignments, you’ll develop a solid understanding of the global markets, building your communication, quantitative and analytical skills. You may:

  • build and back test mathematical models
  • monitor markets and help formulate trade ideas
  • analyze market, fundamental and technical data
  • present your results to their immediate and related teams
  • attend client meetings or calls with traders, salespeople and research colleagues.

A place where you can thrive

At Barclays, you’ll be surrounded by people who will help you achieve your ambitions. Our collaborative, supportive environment gives you the chance to build solid relationships with senior leaders and peers alike. During the program, you will:

  • participate in formal and informal training
  • connect with junior and senior mentors
  • attend dedicated networking sessions and other program events
  • receive detailed performance feedback
  • give back to the community through volunteer events.

And if you really impress us, this could be the beginning of an incredible career. We invite top-performing, eligible summer analysts to join us as full-time Sales and Trading analysts after graduation.

To be considered for this program, you must:

  • be a bachelor’s degree student with an anticipated graduation date between December 2026 - June 2027.

Ideally, you would also have:

  • a GPA of 3.4 or above.

Ready to apply?

Please submit an application through Barclays application system. Then, submit your resume and cover letter through your school’s career management application system if required. Please note that you can apply to only one Barclays internship program globally.

About Barclays

Barclays is a transatlantic consumer and wholesale bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

Salary / Rate Minimum: $110,000

Salary / Rate Maximum: $110,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

For further information about Barclays, please visit our website home.barclays

To learn more about careers at Barclays, visit joinus.barclays

It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or do

Purpose of the role

To participate in the day-to-day activities of the markets division providing insights and expertise that help senior colleagues make informed decisions, develop new products and services, and identify new market opportunities.

Accountabilities

  • Execution of small research projects, research to support strategic decision making, preparation of presentations and reports to communicate research findings, collaboration with senior management to implement research findings for the global markets division.
  • Collaboration with cross-functional teams to support business initiatives.
  • Participation in training and development programs to enhance skills and knowledge.
  • Identification of opportunities, development of business cases, management of the deployment and launch of new products and services for the global markets division.
  • Management of client relationships and provision of customer service support to clients and customers, under steadily decreasing supervision, responding to questions about products and services, processing of transactions.
  • Management of the development and implementation of financial models and strategies that support in decision making in the global markets division.
  • Training and mentoring of junior colleagues.

Analyst Expectations

  • To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
  • Requires in-depth technical knowledge and experience in their assigned area of expertise
  • Thorough understanding of the underlying principles and concepts within the area of expertise
  • They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
  • If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
  • OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
  • Will have an impact on the work of related teams within the area.
  • Partner with other functions and business areas.
  • Takes responsibility for end results of a team’s operational processing and activities.
  • Escalate breaches of policies / procedure appropriately.
  • Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
  • Advise and influence decision making within own area of expertise.
  • Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
  • Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
  • Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Make evaluative judgements based on the analysis of factual information, paying attention to detail.
  • Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
  • Guide and persuade team members and communicate complex / sensitive information.
  • Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

More about working at Barclays