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2024 CΛXTON ΛSSOCIΛTΞS SUMMΞЯ INTΞЯNSHIP PЯOGЯΛMMΞ (QUΛNT & TΞCHNOLOGY)

 

On-site London, England, United Kingdom HR Other

Description

Caxton Associates, founded in 1983, is a global trading and investment firm with offices in London, New York, Monaco, Singapore and Dubai. Caxton Associates’ primary business is to manage client and proprietary capital through global macro hedge fund strategies. Assets are managed via a broad mandate to trade in a variety of global markets and instruments.

About the Summer Internship Programme:

Caxton Associates’ 10-week Summer Internship Programme offers a comprehensive immersion experience in the world of hedge funds together with an assignment to a team. Our internship provides valuable exposure within a collaborative team structure, an insight into responsibilities, functions, and cultural dynamics of our firm.

Our programme kicks off with “Fundamental’s Week” – a holistic perspective on the hedge fund industry offering insights into our business functions and asset classes. Our programme includes practical exposure beyond the office environment where you will have the opportunity in participating in relevant offsite networking events and volunteering activities.

Throughout your internship, you will receive dedicated support from peers and mentors who will assist you in navigating the programme, share valuable insights from their own career journeys, and help you pave the way for your future success.

As an intern at Caxton, you will have the opportunity to immerse yourself in one of the following business functions:

  • Business Administration and Management (“BAM”)
  • Quantitative Analytics Group (“QAG”)
  • Technology

Duration of Programme: 10 weeks
Location: London (on-site)

How to Apply:

Please submit your application online on our Careers page. We encourage candidates to express their interests and motivations for their chosen area.

Application deadline: 19th January 2024.

About the Quantitative Analytics Group (“QAG”) Team:

QAG are responsible for developing and maintaining Caxton’s internal analytics platform. The analytics are used internally by portfolio managers and researchers and provide essential data for risk managers and product control. They encompass core derivative pricing and risk analytics as well as trade finding and data-based research tools.

The team has a presence in both London and New York and works closely with Caxton’s Quant Development team. The team is currently focused predominantly on interest rates but supports all asset classes as required by the firm.

Responsibilities:

  • Assist in the development of Caxton’s internal analytics platform by developing a set of historical curated curve and vol surface data using Caxton’s proprietary analytics modelling framework.

About the Technology (Development) Team:

The Development team is responsible for building out the next generation of highly scalable, reusable, and performant distributed services and applications for front office users. Collaborating with skilled professionals, you’ll gain valuable exposure to microservices architecture, and open-source technologies while contributing to the creation of scalable solutions for front office operations. You will work closely with quant developers and middle office / back-office technology teams across London and New York.

Responsibilities:

  • Communicate with stakeholders to understand and analyse business requirements, ensuring alignment between technical solutions and business needs.
  • Collaborate with engineering teams to craft best practice software designs, learning and contributing to industry-standard methodologies.
  • Pair with developers to actively write code, conduct unit testing, and contribute to the development of software solutions.
  • Provide support to troubleshoot and resolve issues, gaining real-time problem-solving experience.
  • Engage with middle office and traders to gather feedback and ensure software meets their ongoing needs.

Requirements

  • Full availability for the full 10-week duration of the internship from 24 June 2024 – 30 August 2024.
  • Full-time undergraduate degree in a quantitative subject or a related STEM field and be in their penultimate year, graduating in 2025.
  • Demonstrated keen interest in the financial markets and technology and the aspiration to work in the financial services industry.
  • Proficiency in written, interpersonal and communication skills to effectively engage with diverse teams and stakeholders.
  • Solid organisational skills, ability to multi-task, and thriving in meeting deadlines within a dynamic, fast-paced environment.
  • Solid programming skills in the following languages such as Python, Java or C#
  • Strong attention to detail.
  • A curious mindset and a willingness to challenge the status quo.
  • Displays and operates at the highest degree of ethics and integrity.
  • Does not require sponsorship for employment visa status.
ΛPPLY

About Caxton

Caxton is a global macro hedge fund founded in 1983

Our goal: to deliver consistent absolute returns for our investors irrespective of the market environment. Rigorous analysis, disciplined risk management, and a relentless pursuit of excellence underpin Caxton’s reputation as a market leader.

Our enduring client relationships are built on trust, integrity, and high-performing investment strategies.

Our Expertise

At Caxton, we blend a rigorous assessment of macroeconomics, market technicals, politics plus policy, and individual company analysis. Active across all liquid asset classes, the result is portfolios that strike a balance between excellent returns and resilience.

A diversity of opinion, expertise, and experience are the cornerstones of our investment process while analytical precision, ethical discipline, and responsible thinking drive its implementation.

Our longevity and success in the market are driven by our core principles, executed by our people – they are our most important asset, and we prize their skill, commitment, and ambition.