Operations - Summer Internship 2025 (US)
2 months ago
Job Description
If you aspire to:
- Work within Operations on a fast-paced, dynamic, and intellectually-challenging team
- Collaborate internally and externally with trading/financing desks, counterparties, exchanges, prime brokers, and custodians
- Add value by assisting in the lifecycle of a trade including clearance, settlements, event management, and/or cash management
- Add value by identifying and implementing technology and process-improvement opportunities, while demonstrating an intellectual curiosity and passion for innovation
- Develop your skills and solve some of the most complex business problems in our industry
If you've got an interest in:
- Learning about financial markets and products
- Working in a dynamic, fast-paced, and highly rewarding environment
- Gaining exposure to best-in-class systems and processes
- Understanding the full life-cycle of a trade from execution to clearance, settlement, event management, and cash management
- Learning about different types of securities financing, including prime brokerage, swap, tri-party, stock loan, and repo
If you've proven you have:
- A passion to work within the Operations department
- A flexible but highly detail-oriented and results-driven approach to solving problems
- Exceptional communication skills
- A strong work ethic, intellectual curiosity & high degree of integrity
- Proficiency in Excel and data analysis. Familiarity with basic programming a plus.
- An academic background and/or experience in an operational or quantitative field (engineering, accounting, finance, economics, math, or related disciplines)
Placement Opportunities:
Billing
- The team's mission is to provide the entire firm (Hedge Fund and Broker Dealer) with a full suite of business tools around income and expense information
- Partner closely with business COO's, trading desks and fund managers
- Deliver process improvement opportunities through the deployment of technology, process and people redesign
- Ensure accurate capture and application of rates and rules. Products include securities, listed derivatives, OTC products, and private deals
- Ensure timely resolution of breaks through internal and external communication channels. Provide recommendations and enhancements to existing processes.
Clearing / Middle Office
- Confirm all transactions executed on exchange list products
- Managing client relationships between the trading and finance desk, or trading counterparties and exchanges, and our prime brokers and custodians
- Work directly with trading desks to understand and implement posting and clearance of new trading strategies
- Identify opportunities to improve process, define functional requirements for systems, and implement change
Asset Servicing
- Analyze, validate and maintain data quality for all global Corporate Action event types
- Manage relationships with internal and external stakeholders to ensure data accuracy and completeness
- Demonstrate a creative mindset by seeking out technical solutions to reduce manual touch points
- Identify process enhancements and work with management to execute business transformation strategies
Settlements
- Work with counterparties and depositories to instruct, monitor, and settle buys/sells, stock borrow, and repo trades for equities (DTC), government bonds (FED), mortgage-backed securities, and physicals
- Manage daily contract maintenance events, including mark-to-market, contract compare, rate changes, and recalls
- Create and distribute various broker dealer regulatory reports such as Possession or Control, Short Interest, Customer Statements, and Fails
- Collaborate with IT to identify and implement improvement opportunities that drive straight-through processing
Collateral Management
- Assist in processing daily collateral calls and managing exposure between entities and counterparties
- Perform liquidity reserve maintenance, investment, and reporting
- Identify opportunities to improve processes, define functional requirements for systems, and implement change
In accordance with New York City's Pay Transparency Law, the base salary range for this role is $40 to $40 per hour. Base salary does not include other forms of compensation or benefits.
About Citadel
Citadel is one of the world's leading alternative investment managers. We manage capital on behalf of many of the world's preeminent private, public and nonprofit institutions. We seek the highest and best use of investor capital in order to deliver market leading results and contribute to broader economic growth. For over 30 years, Citadel has cultivated a culture of learning and collaboration among some of the most talented and accomplished investment professionals, researchers and engineers in the world. Our colleagues are empowered to test their ideas and develop commercial solutions that accelerate their growth and drive real impact.
-
2025 Summer Internship Program
1 week ago
New York, New York, United States Trumid Full timeAbout Us.Trumid is a financial technology company and fixed income electronic trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. Trumid optimizes the credit trading experience by combining agile technology and market expertise, with a focus on product design. The result is a differentiated...
-
2025 Summer Internship
1 month ago
New York, New York, United States Capstone Full timePROGRAM DETAILSCapstone's 2025 Summer Internship is a 10 week summer program. You will be given a project that is both educational and a value add to the business, at the end of the summer you will present your project to the senior leadership team. Throughout the program you will attend educational sessions given by senior leadership, we will host team...
-
2025 Actuarial Summer Internship Program
3 weeks ago
New York, New York, United States New York Life Insurance Co Full timeLocation Designation: Hybrid - 3 days per week Shape your future with a dynamic internship experience at New York Life. We offer opportunities across a variety of exciting businesses, including Actuarial, AI & Data, Finance, Investments, Technology, Underwriting, and more. Your internship journey is designed to challenge you through hands-on work experience...
-
New York, New York, United States Hudson River Trading Full timePlease only apply to one job posting. In the application questions below, you'll have the opportunity to indicate if you're interested in multiple offices and/or multiple roles. Please do not submit multiple applications for different positions/officesHRT is seeking highly motivated full-time students for our software engineering summer internship program....
-
New York, New York, United States Hudson River Trading Full timePlease only apply to one job posting. In the application questions below, you'll have the opportunity to indicate if you're interested in multiple offices and/or roles. Please do not submit multiple applications for different positions/officesHRT is seeking exceptional full-time students to join our Algorithm Development summer internship program. Algorithm...
-
New York, New York, United States SMB Capital Full timeSMB Capital is excited to offer a Summer 2025 internship opportunity for college students who aspire toward a professional equities trading career after graduation. This position is available in-house, in either our New York City office (Midtown)or our Miami office (Downtown). There is no availability for remote positions at this time. Our internship is...
-
2025 Guardian Summer Intern, Actuary
7 days ago
New York, New York, United States Guardian Life Insurance Company Full time2025 Guardian Summer Intern, Actuary Our 2025 Internship Program is a paid 10-week learning experience where you will be immersed in the daily environment of a thriving global financial services company. You will gain invaluable industry and organizational knowledge through daily business interactions and job assignments, in addition to engaging in projects...
-
2025 Guardian Summer Intern, Actuary
1 week ago
New York, New York, United States Guardian Life Full time2025 Guardian Summer Intern, ActuaryOur 2025 Internship Program is a paid 10-week learning experience where you will be immersed in the daily environment of a thriving global financial services company. You will gain invaluable industry and organizational knowledge through daily business interactions and job assignments, in addition to engaging in projects...
-
NERA: Summer Internship
2 weeks ago
New York, New York, United States Oliver Wyman Group Full timeNERA Economic Consulting ) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For half a century, NERA's economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world's leading law firms...
-
New York, New York, United States Prudential Financial, Inc. Full timeJob Classification:Actuarial - ActuarialPrudential: 2025 Actuarial Internship Program (AIP)Location(s): Newark, NJ (Hybrid)Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.5 trillion in assets under management as of March 31, 2024, has operations in the United...
-
Legal Internship Program, Summer
2 months ago
New York, New York, United States U.S. Environmental Protection Agency - Region 2 Full timeOrganization Type:GovernmentJob Type:Law StudentLegal Internship Program, Summer The intern will be placed in the Air Branch. Will obtain excellent experience in the review, analysis and discussion of legal issues arising in various environmental matters. Work directly with staff attorneys, assisting them with a variety of tasks on their cases. Tasks include...
-
Legal Internship Program, Summer
2 months ago
New York, New York, United States U.S. Environmental Protection Agency - Region 2 Full timeOrganization Type:GovernmentJob Type:Law StudentLegal Internship Program, Summer The intern will be placed in the Criminal Enforcement Program. Will obtain excellent experience in the review, analysis and discussion of legal issues arising in various environmental matters. Work directly with staff attorneys, assisting them with a variety of tasks on their...
-
Actuarial Intern, US Life
7 days ago
New York, New York, United States Munich Re Full timePOSITION: Actuarial Intern, US Life (2025 Summer Internship - New York, 4 months)LOCATION: New York, NYANTICIPATED START DATE: Summer 2025Together, we engage with everything we have and are, to help humankind act braver and better.As the world's leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re...
-
New York, New York, United States American Express Full timeYou Lead the Way. We've Got Your Back.With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you'll learn and grow as we help you create a career...
-
New York, New York, United States American Express Full timeYou Lead the Way. We've Got Your Back.With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you'll learn and grow as we help you create a career...
-
Human Resources Internships
3 months ago
New York, New York, United States PVH Full timeThe PVH Early Talent Program, inclusive of summer interns and summer/fall co-ops, offers motivated students the opportunity to gain fashion industry experience, with a realistic preview of what it would be like to work at PVH and our iconic brands. Our summer internship is a paid internship, which provides meaningful, challenging hands-on projects, as well...
-
New York, New York, United States New York Life Insurance Co Full timeLocation Designation: Hybrid - 3 days per week Shape your futurewith a dynamic internship experience at New York Life. We offer opportunities across a variety of exciting businesses, including Actuarial, AI & Data, Finance, Investments, Technology, Underwriting, and more. Your internship journey is designed to challenge you through hands-on work experience...
-
New York, New York, United States Prudential Financial, Inc. Full timeJob Classification:Investment Management - InvestmentsPrudential: 2025 Corporate, Chief Investment Office (CIO) Summer Analyst ProgramLocation(s): Newark, NJ (Hybrid)Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.5 trillion in assets under management as of March...
-
summer intern
1 month ago
New York, New York, United States Steve Madden Full timeJob DescriptionCOMPANY:Through relentless determination and ingenuity, Steve Madden grew from what started as a small team operating in a factory in Queens, NY to an iconic fashion powerhouse that makes footwear, apparel, and accessories available to millions of fashion-seekers across the globe. Over the years, our success has come from building diverse...
-
All US Internship Opportunities
3 months ago
New York, New York, United States International Rescue Committee Full timeThe International Rescue Committee (IRC) responds to the world's worst humanitarian crises, helping to restore health, safety, education, economic wellbeing, and power to people devastated by conflict and disaster. Founded in 1933 at the call of Albert Einstein, the IRC is one of the world's largest international humanitarian non-governmental organizations...
