Maven Securities
2021 Trader Summer Internship London
Opportunity expired
Opportunity details
- Internship, Clerkship or Placement
- Apply by 26 Oct 2020
As a Trader intern, you will complete a 9 week training program run by our traders, including mock trading, project work and programming courses. Throughout the internship you will be exposed to both our market making and investment desks whilst having the opportunity to get to know us at our regular social events. At the end of the internship you will be considered for a place on our 2022 graduate trader program.
We are looking for penultimate year applicants from any quantitative background with a competitive nature and a strong understanding of probability and statistics to join our team for the summer.
WHAT WE ARE LOOKING FOR:
- Outstanding numeracy
- Competitive nature and a strong understanding of probability and statistics
- Curiosity to learn with a keen interest in financial markets
- Excellent analytical skills with the ability to solve problems creatively
- Strong communication skills and drive to work collaboratively
- A penultimate or final year student with a bachelor's degree or higher in a quantitative field (on track for a 2.1 or equivalent)
- Familiarity with programming languages such as Java, Python, VBA, SQL, R, C++ or C#
WHAT WE OFFER:
- Opportunity to work on a variety of projects throughout the internship
- Exposure to our market making and investment desks
- Direct training from industry leaders
- The upside of start-up without the associated risks
- Informal, friendly and highly rewarding culture with a relaxed dress code and frequent social events.
Reviews
Started with a mixture of group training exercises, classroom sessions and simulation training during grad training. Now I trade live on the market throughout the day and are in control of my own book which I am responsible for. Spend time during the day thinking about ways to optimize my setup and improve my strategy via analysis.
Day to day I am trading, which involves writing, monitoring and adjusting parameters to trading software while monitoring live trades and news. After trading closes, I write software or analyse data, usually in python.
day-to-day operations of the desk, project work that aims to improve our setup
About the employer
Maven Securities
4.7
100 - 500 employees
Trading
Maven implements both fundamental and quantitative trading & market making strategies across global markets, utilising only the group’s capital.
Pros and cons of working at Maven Securities
Pros
Stimulating, meritocratic, intense
Flat Hierarchy, causal dress code, caring culture
Friendly environment, everyone very willing to teach and help out. Every day is different depending on news.
Small, young, meritocratic, lots of room for progression, fun coworkers
Lots of really smart people who are always happy to teach you. Challenging job, tons to learn. Company growing really fast, so opportunities to genuinely contribute. Great pay + perks.
The intellectual challenge. Constantly being pushed to learn new ideas which makes everyday interesting and stimulating. Doing it as part of the grad team has been really good fun as you all work together towards the same goals.
Cons
Intensity isn't for everyone
Fast-paced, which means you have to make sure you are keeping up
Early mornings, quite periods interspersed with busy so not as regular flow compared to other jobs.
Long hours (although not relative to say investment banking) and you have to stay focused all day (not a lot of downtime)
It's hard work and intellectually difficult, which can be tiring.