There is no better way to experience what a career at MarketAxess has to offer than through our 9-week internship programme. As a 2025 Summer intern with MarketAxess, you will grow your skills through on-the-job training and professional development classroom training. You will participate in projects working on problems, providing community service and enjoying social events. You will be well supported, receiving regular feedback from your manager to aid your professional development and will have a dedicated buddy. Our summer internship programme offers the opportunity to build new skills, grow your professional network and provides an in-depth insight into career possibilities at MarketAxess.
This is a full-time paid internship to commence on 2 June and conclude on 1 August 2025.
How you'll take us there
The Operations Regulatory Controls team at MarketAxess executes a variety of different controls, with different frequencies, using multiple different tools and applications. The purpose of the control framework is to ensure MarketAxess is meeting regulatory obligations with regard to transaction reporting, pre- and post-trade transparency requirements, accuracy of reference data and the periodic reconciliation of different data elements to validate the overall strength of the control environment.
You will learn how to identify and resolve reporting exceptions and rejections, how we interact with our clients to resolve exceptions, and how we work together across the organisation, collaborating with other functions, to solve problems in a timely manner.
We will encourage you to highlight ways in which we can improve our processes. Being inquisitive and tenacious about tackling the source of a problem and stopping it from occurring again is a key behaviour we encourage and will look for in each candidate. Specific role responsibilities include:
- Execute, at various frequencies, embedded controls to meet multiple regulatory obligations in supporting and controlling the business.
- Exception Management, escalation and remediation.
- Supporting the broader Control Framework within Operations, whilst engaging in cross departmental collaboration.
- Produce, maintain, and distribute activity-based reporting of a high quality, whilst seeking additional oversight when required/mandated.
- Continually update all relevant documentation / procedures in line with the proposed Control framework.
- Determination of proposed or existing Market regulations to suggest enhanced controls required to control the business activity.
- Open communication and dialogue with direct and indirect teams.
What we’re looking for
- An eye for detail coupled with analytical skills and critical thinking abilities
- The ability to identify opportunities for innovation and change
- An Inquisitive and determined approach to problem solving
- Enthusiasm for working with vast sets of data to perform data analysis and production of summary materials.
- A strong commitment to set realistic targets and meet deadlines.
And, in addition
- You will be a penultimate year student (graduating in 2026)
- You are on track for a 2:1 or above (or equivalent)
- Right to Work in UK
- Competence in any additional European languages will be well welcomed
- MS Office Competency, specifically Excel
What you can expect from us
- Central Location: based at our city offices near St Paul's.
- Free Food: We provide lunch each day of the week when the employee attends the office via our vendor Feedr as well as breakfast cereals, office snacks and drinks from our free vending machines
- Paid Time Off: 25 days annual leave entitlement plus 2 charity days
- Reward for your service: We offer a two-week bonus holiday after completing each 5 years of service
- Core benefits: Besides competitive standard benefits package we offer private medical (PMI) for family, Cash Plan, health screenings, dental cover, 6X life assurance, critical illness cover, income protection, pension, car leasing (Tusker electronic cars), reimbursement for wellness stipend, interest free season ticket loan and a “Share Incentive” plan
- Tuition Assistance and Professional Training: Benefit from on-demand learning, boot camps, and opportunities to attend conferences