2027 Summer Internship Program – Systematic Execution Research, New York

Job description

The Opportunity If you enjoy applying your quantitative and ML skills to real-world problems, coding production-quality analysis and tools, and working in a fast-paced environment with immediate and tangible feedback, our Summer Internship Program is ideal for you. At Brevan Howard, we build systematic and discretionary investment processes that rely on rigorous analysis of a vast universe of data, such as asset prices, macroeconomic indicators, news, sell-side research, and trading signals. Transforming this data into actionable insights is central to how we win, and we’re looking to find the next generation of portfolio managers and quants through our internship program—people who are eager to push the frontier of research and engineering in global macro investing. Overview & Responsibilities You will work directly with senior professionals to provide immediate impact on a range of projects: Our Internship Program starts with one-week in-depth training to prepare interns for the desk. This covers a range of topics relating to Financial Markets including Macroeconomics, FX, Digital Assets, Interest Rate Derivatives, Equity Rates, Bonds, Credit and Fixed Income, Trading Strategies, Risk Management, Excel and Python, and the latest AI tools and LLMs . The Execution Research team is part of the Brevan Howard Systematic business. We employ quantitative methods to trade Equities, Futures, FX, Rates and other asset classes. During the program, working in a fast-paced environment, interns will contribute to the team that is responsible for designing, implementing & continuously evolving Execution Research. Responsibilities of the Execution Research team include evaluating the performance of our trading, improving trading algorithms, and developing methods to compare various execution strategies. Main duties of the internship may include assisting the team in applying advanced statistical techniques on large datasets and building execution performance frameworks and reports. Additionally, interns will benefit from key talks, a mentor program , social events and interactions with some of the most respected and talented individuals in their field. This internship is devised to provide candidates with an invaluable education on the workings of a macro hedge fund and the regulatory environment through a two-way process to determine if Brevan Howard and the intern are a compatible fit. The goal of our summer internship program is to convert top performing interns to our 202 8 Graduate Program. Qualifications & Requirements A penultimate year undergraduate/junior or 1st year master's or PhD student at a recognized University — completed and awarded before July 2028 . Strong mathematical, quantitative, problem-solving capabilities, and technical skills in Excel, VBA, and R . Programming experience in Python. Experience in Linux, SQL, and KDB/Q is a plus An interest and passion for financial markets, trading, and financial products . The ability to work independently and collaboratively as part of a team . An entrepreneurial spirit . Strong written and verbal communication skills in English . Why take this opportunity This is a unique opportunity to gain insight into one of the world’s leading firms operating at the forefront of macro trading. At Brevan Howard, we believe the future of investing lies at the intersection of deep domain expertise and cutting-edge technology. As our industry is being reshaped by AI and automation, you’ll see first-hand how LLMs, retrieval, and agent-like systems are being used in the front-office environment at one of the world’s premier macro hedge funds – where correctness, robustness and speed matter. Top - performing interns are considered for our Graduate Program the following year and longer-term paths include roles as anal yst, quant, and portfolio manager. Please note that you may only submit one application to the Summer Internship Program globally. We encourage you to apply to the role and region that best align with your skills, experience, and interests . Compensation Compensation for this internship is based on an annualized salary of $ 150,000 , prorated for the 10-week duration of the program. All interns also receive a housing stipend and an internship completion bonus.