Summer Internship London 2023

Redburn is built upon a commitment to intellectual freedom, commercial research, best execution and premium client service. Redburn was founded in 2003 with a strong partnership ethos and entrepreneurial spirit and has grown from 14 employees to 200. It is now majority owned by Rothschild & Co.

Redburn provides institutional investors with equity research, quantitative and technical analysis, economics research and agency execution in European and North American equity markets. In addition to research and execution, Redburn Access links investors to Redburn’s network of industry executives and independent experts. Redburn has offices in London, Paris, Madrid, New York and Boston.

Redburn’s equity research analysts and salespeople advise professional investors (our clients) on European and US equities. Our sales traders and execution teams transact our clients’ business, and Redburn’s expert access team links investors to Redburn’s network of industry executives and independent experts. Our equity capital markets team provides investment banking service to clients and focuses in assisting them in raising equity capital.

The programme

Redburn’s internship programme is demanding but fun and will provide you with a comprehensive overview of Redburn’s business, as well as a broad introduction to the financial markets. You will have the opportunity to work alongside some of the most talented individuals in their field, gaining some fantastic first-hand experience. Redburn will also give you invaluable exposure to senior managers and promises to provide open and honest careers advice throughout the internship with the company.

Research

An equity research analyst provides industrial insight and analysis into a company or sector. Our analysts produce detailed arguments for buying or selling the equity of a company. Redburn’s analysts and salespeople then debate the buy/sell case with our clients, often in face-to-face meetings.Typically, an equity research department is split into different coverage groups that each focus on a specific sector. Redburn has over 60 analysts, based in London, working across a total of 21 research sectors, and in the quantitative and technical analysis teams.

Sales

Redburn’s salespeople market and distribute all Redburn research – fundamental analysis, Redburn’s quantitative product, economic and macro thought leadership, technical analysis and income screening – to professional investors.

Critically, a salesperson must be an expert in both the market and Redburn’s products, as well as knowing each client’s investment style, altering content appropriately and dispensing advice according to clients’ individual criteria. To be effective account managers, salespeople need to become their clients’ go-to contact by matching client needs and styles of investing with Redburn’s expertise.

Execution Services

Execution encompasses a number of different roles that interact closely with each other but have their own disciplines and specialisms.

Our sales traders are focused on providing market insight, news flow and promoting Redburn product, tailored to individual client requirements. Redburn’s sales traders work on behalf of our clients alongside the rest of the execution team to deliver excellence.

Technology plays a big part in the execution landscape and Redburn’s algorithmic team service specific client requirements.

Equity Capital Markets (ECM)

Redburn formed an Equity Capital Markets business in 2021 which originates, structures and executes IPOs, facilitates capital raises and other capital market transactions on behalf of clients.

The team closely monitors fluctuations in equity markets, as well as performance of recent ECM transactions. We look to provide differentiated market insights to our clients based on proprietary data analysis, close contact with institutional investors and the output of Redburn’s research analysts.

Underpinning each of the roles is the need for a genuine interest in financial markets; high levels of communication; accuracy and attention to detail; great relationship building and teamwork skills.

About you 

• Communication – excellent interpersonal and communication skills (written and verbal)
• Teamwork – able to build effective relationships and enjoys collaborating with others, as well as ability to work independently
• Analytical and numerical skills – strong quantitative, numerical and analytical skills; comfortable working accurately with numbers and writing prose
• Drive & Motivation – possesses a positive attitude and approach, a self-starter always willing to learn, demonstrates an interest in financial markets and the wider world
• Creativity – demonstrates independent thinking and creative problem solving
• Resilience – able to adapt to change, maintaining perspective and humour; shows emotional and practical intelligence alongside academic ability

What's next

We invite you to apply to the London internship programme by sending your CV and a carefully written cover letter to londoninternships@redburn.com.

Please use your cover letter to answer the following questions and explain:

• Which area of the business you would like to apply to?
• Why this area and the internship is of particular interest to you?
• What are your expectations from this internship?
• How you feel any coursework, extracurricular activities, paid or volunteer work you have undertaken will be relevant to the work at Redburn?

Please note, whilst we will endeavour to match placements within a requested team, it may be that successful applicants are offered placements in alternative teams that we consider a more suitable fit subject to individual and Redburn requirements.

Please note that if you are successful in your application, you will be invited to attend an assessment day to be held on Monday 20th February 2023.