2026 Summer Internship Programme - Systematic Trading, New York
Content + Source + Freshness • 15 Dec 2025 • 95% confidence
Offer value
This internship offers unique exposure to systematic trading in a prominent hedge fund, excellent earning potential, and strong mentorship opportunities.
- Compensation: $12,500–$16,600/month
- Excellent training and exposure to trading strategies
- Possibility of conversion to a graduate position
Pros
- High compensation range ($12,500 - $16,600/month) for interns
- In-depth training program covering various financial topics
- Direct involvement in real trading projects and portfolio management
Cons
- Intense competition for internship spots
- Requires significant academic excellence and skillset
- Fast-paced work environment may lead to high stress
Who it's for
Graduate / PhD students • Onsite in New York
Good fit
- PhD candidates or advanced master's students
- Individuals with prior experience or coursework in finance
- Self-starters eager to work in fast-paced environments
Not recommended for
- Students without strong quantitative skills
- Those not interested in finance or trading
- Candidates preferring a less intensive work atmosphere
Motivation fit
Key skills
About the job
The Firm
Brevan Howard Asset Management is one of the leading absolute return/hedge fund managers, overseeing assets on behalf of institutional investors from around the world, including pension funds, endowments, insurance companies, government agencies, private banks, and fund of funds.
Brevan Howard was founded in 2002 and launched its flagship global macro strategy in April 2003. The firm currently manages over $34bn and engages predominantly in discretionary directional and relative value trading in fixed income, FX markets, and equities. BH Digital, a division within Brevan Howard that manages crypto and digital asset strategies was launched in 2022.
The firm currently employs over 1,000 personnel worldwide, including over 400 investment professionals. This global presence gives Brevan Howard the ability to identify and source attractive investment opportunities, as well as investment management talent wherever they may be. Brevan Howard has won several industry awards for excellence in risk management, operational robustness, and investment performance.
The firm’s main hubs are in London, Jersey, Geneva, New York, Austin, Hong Kong, Singapore, Abu Dhabi and Bengaluru.
Overview & Responsibilities
Our ten-week summer Internship Programme seeks to hire ambitious, enthusiastic candidates who have strong mathematical, quantitative backgrounds and coding skills, with demonstrated passion for markets and an interest to work on all facets of Portfolio Management. Interns will work with our systematic investment teams, within Equities, Macro, Credit, Commodities, Digital Assets and Execution Trading.
Our Internship Programme 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.
Additionally, interns will benefit from key talks, a mentor programme, social events and interactions with some of the most respected and talented individuals in their field.
During the programme, working in a fast-paced environment, Interns will contribute to their Portfolio Management teams on various projects that can include trading strategies, trading signals, back testing, developing market related models, and develop research for trade ideas.
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 programme is to convert top performing interns to our 2027 Graduate Programme.
Qualifications & Requirements
A Ph.D. candidate or 1st year master’s student at a recognised University and on course for a minimum of a 2:1 / 3.6 GPA – completed and awarded before July 2027
Bachelor’s or master’s in Statistics, Data Science, Mathematics, Computer Science, or Engineering
Strong mathematic, quantitative and problem-solving capabilities
Programming experience in Python, and strong technical skills in excel, VBA, and R
A demonstrated interest and passion for financial markets, trading, and financial products
Can work independently and collaboratively as part of a team
Entrepreneurial spirit
Strong communication and interpersonal skills
Can prioritise, manage and deliver on multiple projects to investment teams accordingly
Outstanding organisation skills and strong attention to detail
Exemplary professionalism with internal and external clients
Exceptional written and verbal communication skills in English
Compensation for NY based applicants is a monthly salary in the range of $12,500 to $16,600. This role may also be eligible for a sign on bonus, housing stipend and benefits.
