2027 Summer Internship Program – Systematic Trading, New York

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 our front-office personnel to provide immediate impact on a range of projects:

• Build pipelines to extract and analyze data, develop models and trading signals, and support decision-making of Portfolio Managers.
• Integrate AI into analytical systems and build new AI-powered tools using the latest LLMs and agent workflows.
• Contribute to our core analytics library, which is leveraged by Quants and PMs across the firm for research, trading, and risk management.
• Participate in one-week in-depth training to prepare interns for the desk, covering topics including Financial Markets (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.
• During the program, contribute to Portfolio Management teams on projects that can include trading strategies, trading signals, backtesting, developing market-related models, and research for trade ideas.
• Benefit from key talks, a mentor program, social events, and interactions with respected and talented individuals in the field.
• This internship includes a two-way process to determine whether Brevan Howard and the intern are a compatible fit.
• The goal of our summer internship program is to convert top-performing interns to our 2028 Graduate Program.

Qualifications & Requirements

• A Ph.D. candidate or a 1st year master’s student at a recognized university—completed and awarded before July 2028.
• Strong mathematical and quantitative problem-solving capabilities, with technical skills in Excel, VBA, and R.
• Programming experience in Python.
• 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 the industry is being reshaped by AI and automation, you’ll see first-hand how LLMs, retrieval, and agent-like systems are 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 analyst, 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 $200,000, prorated for the 10-week duration of the program. All interns also receive a housing stipend and an internship completion bonus.