2023 Corporate & Investment Banking - Markets - Summer Internship - London
Location: Greater London
Job Type: Full time
What You Can Expect
Our global Markets teams operate in all major financial markets and develop sophisticated financial solutions to help clients manage risk, increase returns and solve complex financial problems. Globally, we hold key positions across all major financial markets. This approach means you'll be part of an energetic team, helping to solve a range of stimulating and interesting business issues.
Trading at J.P. Morgan is a unique insight into global markets – we provide liquidity to clients in all major asset classes and pride ourselves on our fast execution, market share and e-trading platforms. A trader’s role is to respond to and encourage client enquiries, manage the resulting risk, and understand and respond to market-moving events. Trading is detail-focused, mentally stimulating and requires detailed evaluations.
Structuring & Origination within Markets is a hybrid group inclusive of Sales, Trading and Banking. J.P. Morgan has a dedicated team of professionals servicing the structured product requirements of our clients. The team offers a broad range of innovative investor products, liability management and hedging solutions. J.P. Morgan offers a wide range of derivatives products to institutional investors, distributors, corporates and private investors.
J.P. Morgan’s Sales teams help corporate and institutional clients navigate the breadth of J.P. Morgan’s product offerings across Markets and Platform Services, focusing on matching the firm’s resources to our clients’ needs. The Sales community build relationships with clients and package tailor-made solutions that meet the needs of a wide array of clients. To make this distinction possible, salespeople have a wide knowledge of multiple products, and proactively engage with clients and suggest trade ideas. A salesperson typically has collaborative communication and interpersonal skills, an investigative mind, is a capable multi-tasker and team-orientated.
J.P. Morgan Global Research is one of the world’s most highly respected advisory franchises, providing thoughtful and differentiated exploration of sectors and companies, and actionable ideas and thematic insights that empower our clients to make well-informed investment and strategic conclusions, bringing clarity to complex situations. Research is fast-paced, demanding and stimulating.
The summer internship is a nine week program running June to August and is targeted at penultimate year or final year students and is a pipeline to the full analyst programme the following year.
Throughout your nine weeks with us, you’ll support senior colleagues with key research, evaluation and preparatory work. You will monitor markets, develop trade ideas, conduct portfolio reviews, and learn about the solutions and products we offer for clients to manage any market conditions. Your work and contributions will be valuable to the team from the start.
Dedicated instructors and J.P. Morgan professionals will teach you about our history, the scale and scope of our organisation today and our exciting plans for tomorrow. We’ll teach you technical and practical skills that will help suitably prepare you for your desk.
The program is an opportunity to take your career to the next level through hands-on experience, relevant skills training and valuable professional networking. Based on your personal and collaborative achievements, those who successfully complete the program may receive offers of full-time employment for the analyst programme the following year.
As part of the application process, you will be asked to preference two of the four tracks available (Trading, Structuring & Origination, Sales or Research). Make sure that you are familiar with the roles, responsibilities and skillsets required for each track to ensure suitability before submitting your two preferences. This is a pooled recruitment process whereby if you secure your chosen track at final Assessment Centre, there is a placement process. At this placement process, all desks present to all candidates individually for each track and preferences are then taken and a matching process follows.
A strong interest in global financial markets, as well as investigative and quantitative skills, flexibility, attention to detail, and that you enjoy and thrive in a collaborative environment. A well-rounded academic background that includes details of extra-curricular positions is also of interest to us. We accept applications from all degree disciplines as we respect and admire diversity of thought, but especially for our trading and structuring tracks, it is useful to enjoy numerical and quantitative work.
Additional requirements include:
- Proficient verbal and written communication skills for the country to which you are applying.
- Willing to take on some responsibility and manage your own projects in collaboration with your colleagues.
- An expected graduation date between April 2023 - December 2024.
Beyond that, what we’re most interested in are the things that make you, you: the personal qualities, outside interests and achievements beyond academia that demonstrate the kind of person you are and the difference you could bring to the team.
Please note, not all hiring desks require specific languages however there will be some that do. Please ensure you list your language fluency skills on your application form to help us identify the most appropriate opportunities for you.
We recommend that you apply to one Markets program only
Closes: 27th November 2022
Help us learn about you by submitting a complete and thoughtful application, which includes your resume. Your application and resume is a way for us to initially get to know you, so it’s important to complete all relevant application questions so we have as much information about you as possible.
To start the application, you will be prompted to enter your email address. Your email address will be used to create and maintain your profile so make sure it is one you will have long term access to. Do not use an email address with “.edu or .ac.uk” extension as doing so could result in delays receiving updates regarding your candidacy. After you confirm your application, we will review it to establish suitability for the role you have applied for.
JPMorgan Chase is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds and experiences. We strive to hire qualified, diverse candidates, and we will provide accommodations for known disabilities.
Visit our free Virtual Internship programme via Forage to gain a further understanding of the tasks, roles and types of work that you could carry out in Markets. This experience has shown to assist candidates with the recruitment process.
Visit jpmorganchase.com/careers for upcoming events, career advice, our locations and more.