At Macquarie, we’re empowering people to innovate and invest for a better future. We are a global diversified financial group operating in 34 markets with institutional, corporate, government and retail clients around the world.
Today, as commodities continue to underpin the building of our cities, as our global energy needs continue to grow, and with technology changing the world, the projects you will contribute to as an intern within the Commodities and Global Markets business are helping to build a better future.
The program
Our fast-paced ten-week internship program will provide you with hands-on experience in the world of financial services.
The program kicks off with an orientation providing you with the opportunity to learn about the Macquarie business groups, meet fellow interns and expand your network.
On the desk, you’ll be given meaningful and challenging work allowing you to gain practical experience to tie into your theoretical knowledge from school. You will receive support from your manager and aligned mentor. And additionally, participate in philanthropic and social events to connect you to our inclusive culture. To conclude your summer, you will present a project that you worked on during the program to senior management.
The role
As an intern with our Commodities and Global Markets team, you’ll have the opportunity to develop your skills and build your career as you learn from in-house experts: geologists, meteorologists, petroleum and mining engineers, data scientists, quant finance and theoretical physics PHDs to traders and advisers.
Learn from our industry experts through a direct placement based on your interest and our business need in one of the following areas:
Commodity Markets and Finance (Houston/NYC) provides risk management, lending and financing, and physical execution and logistics services across the energy, metals and agricultural sectors globally. The team also offers commodity-based index products to institutional investors.
In this role, you will contribute to pricing and projects in commodities that analyze credit risk, market risk, and operational risk to assess both exposures and returns on capital in a bank environment. Opportunities also exist to assess market conditions and fundamentals to help our customers make good risk management decisions.
Credit Markets (NYC) works to provide solutions to monetize and leverage credit assets. The team works with clients to structure bespoke solutions where they finance, trade, or invest in credit assets across corporate loans, residential mortgages, consumer loans, and small business loans. The Credit Markets team has deep relationships with many of the largest private credit investors across North America and EMEA.
In this role, you will have the opportunity to work closely with senior management to provide trading and financing solutions to non-traditional lenders and alternative asset investors operating in the private debt, fintech lending, and structured credit markets.
Fixed Income & Currencies (NYC) provides fixed income trading, financing and hedging services to a range of corporate and institutional clients globally, with a focus on private funds, corporates and emerging markets (S. America focused).
In this role, you will be exposed to a fast-paced sales and trading environment. You will learn how markets functions, macro themes and be introduced to corporate finance and structuring. Additionally, you will have the opportunity to learn about a wide array of products from spot and forwards to structured options and structured finance. As well as being exposed to the intricacies of covering a range of clients from ranging from leading private equity firms to family offices in S. America.
Specialized & Asset Finance (NYC) delivers a diverse range of tailored finance solutions globally across a variety of industries and asset classes.
In this role, you will be part of an asset finance business that is contributing to the energy transition and supporting the sustainability and decarbonisation goals of our clients; designing financing solutions to help clients stay up to date with the latest technology; providing innovative and tailored capital solutions to support renewable energy, zero emission mobility and sustainable waste management; and developing bespoke loan solutions for clients. You will have the opportunity to research new exciting live opportunity, develop your financial modelling skills, and prepare and present your work to senior stakeholders. Additionally, you will work with asset finance and industry experts and gain exposure to portfolio management, risk analysis, and be involved in the creation of transaction documents.
About you
You have a unique perspective. We want to hear it. This internship is for exceptional rising seniors (Class of 2025) who are ready to share their voice and step into our bottom-up culture.
You are a critical thinker with exceptional numerical skills who express their thoughts and ideas clearly. You like to collaborate with others and are comfortable building strong working relationships.
With a strong interest in financial services, you bring a proactive, resourceful, and positive attitude as well as a powerful work ethic. You have a strong attention to detail with experience and comfort in Excel.
Salary Range
Estimated salary amount is the equivalent of $70,000 - $110,000 annually, prorated for the length of time of the internship. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location.
How to apply
Submit your application online by uploading your resume. Applications close on March 12, 2023, we advise that you submit your application as early as possible as we recruit on a rolling basis.
To be considered for this opportunity, you must complete your application through the Macquarie website at www.macquarie.com/careers.
About Commodities and Global Markets
Commodities and Global Markets provides clients with an integrated, end-to-end offering across global markets including fixed income, foreign exchange and commodities.
For more than 40 years, we've partnered with our clients to understand their needs, provide tailored solutions and build long-term relationships. We provide access to more than 200 products across more than 25 market segments.
Our commitment to Diversity, Equity and Inclusion
The diversity of our people is one of our greatest strengths. An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.
We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.