2026 Commercial & Investment Banking - Markets - Off-cycle Internship - London

Job Profile

If you are enthusiastic, committed and looking to apply what you’ve learned to real-world financial experience, we have a role for you. 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. Your work and contributions will be valuable to the team from the start.

Job Summary

As an Intern in the Markets team, you will spend your time exploring the sophisticated financial solutions we deliver across asset classes. The skills you develop and the professional network you build will serve as a solid foundation for your career. Dedicated instructors and JPMorganChase 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 prepare you for your desk.

The off-cycle internship is a 3–6-month programme offered in select European locations, with intakes in each quarter of the year and is a pipeline to the full analyst programme for the next available intake once your internship has been completed successfully. 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.

Job Responsibilities

• Support senior colleagues with key research, evaluation and preparatory work.
• Monitor markets, develop trade ideas, conduct portfolio reviews, and learn about the solutions and products we offer for clients to manage any market conditions.

Required Qualifications, Capabilities and Skills

• Graduation date from June 2025 through to October 2026.
• 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.
• Interest in global financial markets.
• Investigative and quantitative skills, flexibility, and attention to detail.
• Enjoy and thrive in a collaborative environment.
• Well-rounded academic background that includes details of extracurricular positions.
• Willing to take on some responsibility and manage your own projects in collaboration with your colleagues.
• To be eligible for an off-cycle internship, you need to have graduated if you completed your degree in the UK, or experience must be part of your degree programme if studying in mainland Europe or the Middle East.

Preferred Qualifications, Capabilities and Skills

• For our Trading and Structuring tracks, it is useful to enjoy numerical and quantitative work.
• Not all hiring desks require specific languages, however there will be some that do. Please accurately list your language fluency skills on your application form to help identify the most appropriate opportunities for you.
• We recommend that you apply to one Markets program only.

Application Deadline

Monday 31st August 2026

About Us

JPMorganChase has operated in Europe for nearly 200 years and has a sophisticated local market presence across Europe, the Middle East and Africa (EMEA). Within the region, JPMorganChase has an unparalleled client base and leadership across the spectrum of financial services products. The regional head office in London is complemented by a strong regional footprint, with offices in all major financial centres.

What You Can Expect

As part of the application process, you will be asked to preference (where available) two of the four tracks within Markets (Trading, Structuring & Origination, Sales or Research). Make sure you are familiar with the roles, responsibilities and skillsets required for each track to ensure suitability before submitting your two preferences. This process will also involve providing details on all fluent languages, graduation dates and availability. This is a pooled recruitment process whereby you will be considered for available roles that are recruited during your availability. Roles are recruited for quarterly with start dates in Q1 (January), Q2 (April), Q3 (July) and Q4 (October). Assessment Centres usually take place at least four months before any of the quarterly start dates.

Available Tracks

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: Trading provides liquidity to clients in all major asset classes. The role focuses on fast execution, market share and electronic trading platforms. Traders respond to client enquiries, manage risk, and respond to market-moving events. The role is detail-focused and intellectually stimulating.
• Structuring & Origination: A hybrid group within Markets, including Sales, Trading and Banking. The team services structured product requirements with a broad range of investor products, liability management and hedging solutions.
• Sales: Sales teams help corporate and institutional clients navigate JP Morgan’s product offerings across Markets and Platform Services, matching resources to client needs. Salespeople build client relationships, package tailor-made solutions, and engage with clients to suggest trade ideas. Strong communication, interpersonal skills, and a collaborative mindset are important.
• Digital Markets: This role requires strategic thinking with an interest in digital assets and the ability to collaborate across cross-functional teams. Responsibilities include coordinating intraday repo and other digital assets initiatives, engaging with market infrastructures, and developing product strategies to drive innovation in digital markets.

What Happens After Applying

Across all tracks, you’ll receive training in coding and data analysis to create tools that automate tasks and support decision-making. You will learn about our history, the scale of our organisation today and our plans for tomorrow. We aim to help you hit the ground running and grow within a dynamic, data-driven environment.

What’s Next?

Help us learn about you by submitting a complete and thoughtful application, including your resume. Your application and resume are a way for us to get to know you, so please complete all relevant application questions to provide as much information as possible.

Application Instructions

• To start the application, you will be prompted to enter your email address. Use an email you will have long-term access to. Do not use an email with an edu/ac.uk extension, as it could delay updates regarding your candidacy.
• If advanced to the next step, you will receive an invitation to complete a video interview with an integrated mathematics test powered by HireVue. This is an opportunity to further bring your resume to life. AI and calculator usage are prohibited.
• Where applicable to the country, the HireVue process is required. You will not be reviewed further until you complete these elements. Apply and complete them as soon as possible, as programs will close when positions are filled. The questions focus on your rationale for wanting to join Financial Services, JPMorganChase and Markets in particular.

JPMorganChase is committed to creating a work environment that respects all people for their unique skills, backgrounds and experiences. We strive to hire qualified, diverse candidates and provide accommodations for known disabilities.

Visit jpmorganchase.com/careers for upcoming events, career advice, our locations and more.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion. We do not discriminate on the basis of protected attributes and provide accommodations for religious practices, beliefs, and disability needs. Visit our FAQs for more information about requesting an accommodation.