Quantitative Analyst Intern - AI

The Opportunity

If you enjoy applying your quantitative and ML skills to real-world problems, coding production-quality analysis and tools, and working in a fast-paced environment with immediate and tangible feedback, our Summer Internship Program is ideal for you. At Brevan Howard, we build systematic and discretionary investment processes that rely on rigorous analysis of a vast universe of data, such as asset prices, macroeconomic indicators, news, sell-side research, and trading signals. Transforming this data into actionable insights is central to how we win, and we're looking to find the next generation of portfolio managers and quants through our internship program—people who are eager to push the frontier of research and engineering in global macro investing.

Overview & Responsibilities

You will work directly with senior professionals to provide immediate impact on a range of projects: Our Internship Program starts with one-week in-depth training to prepare interns for the desk. This covers a range of topics relating to Financial Markets including Macroeconomics, FX, Digital Assets, Interest Rate Derivatives, Equity Rates, Bonds, Credit and Fixed Income, Trading Strategies, Risk Management, Excel and Python, and the latest AI tools and LLMs. During the program, working in a fast-paced environment, interns will work within the Quant or Applied AI team, applying frontier AI techniques to research and trading problems, and contributing to the central analytics platform. Projects can include developing the core analytics library (Fixed Income, FX, Credit, Equity etc), integrating AI into trading tools, working with PMs to develop trading strategies, signals and back testing, and building agentic AI systems and LLM-based tools for research and trade workflows. Additionally, interns will benefit from key talks, a mentor program, social events and interactions with some of the most respected and talented individuals in their field. This internship is devised to provide candidates with an invaluable education on the workings of a macro hedge fund and the regulatory environment through a two-way process to determine if Brevan Howard and the intern are a compatible fit. The goal of our summer internship program is to convert top performing interns to our 2028 Graduate Program.

Qualifications & Requirements

• A penultimate year undergraduate/junior or 1st year master's or PhD student at a recognized University — completed and awarded before July 2028
• Strong mathematical, quantitative, problem-solving capabilities, and technical skills in Excel, VBA, and R.
• Programming experience in Python.
• Demonstrated interest in AI with ability to explain fundamental concepts.
• Demonstrated interest and passion for financial markets.
• Ability to work independently and collaboratively as part of a team.
• Entrepreneurial spirit; strong communication and interpersonal skills.
• Ability to prioritize, manage, and deliver on multiple projects.
• Outstanding organizational skills and attention to detail.
• Exceptional written and verbal communication skills in English.

Why take this opportunity

This is a unique opportunity to gain insight into one of the world's leading firms operating at the forefront of macro trading. At Brevan Howard, we believe the future of investing lies at the intersection of deep domain expertise and cutting-edge technology. As our industry is being reshaped by AI and automation, you'll see first-hand how LLMs, retrieval, and agent-like systems are being used in the front-office environment at one of the world's premier macro hedge funds – where correctness, robustness and speed matter. Top-performing interns are considered for our Graduate Program the following year and longer-term paths include roles as analyst, quant, and portfolio manager. Please note that you may only submit one application to the Summer Internship Program globally. We encourage you to apply to the role and region that best align with your skills, experience, and interests.

Compensation

Compensation for this internship is based on an annualized salary of $150,000, prorated for the 10-week duration of the program. All interns also receive a housing stipend and an internship completion bonus.

Who we are

Brevan Howard Investment Management is one of the leading absolute return/hedge fund managers, overseeing assets on behalf of institutional investors from around the world, including pension funds, endowments, insurance companies, government agencies, private banks, and fund of funds. Brevan Howard was founded in 2002 and launched its flagship global macro strategy in April 2003. The firm currently manages over $34bn and engages predominantly in discretionary directional and relative value trading in fixed income, FX markets, and equities. BH Digital, a division within Brevan Howard that manages crypto and digital asset strategies was launched in 2022. The firm currently employs over 1,050 personnel worldwide, including over 400 investment professionals. This global presence gives Brevan Howard the ability to identify and source attractive investment opportunities, as well as investment management talent wherever they may be. Brevan Howard has won several industry awards for excellence in risk management, operational robustness, and investment performance. The firm's main hubs are in London, Jersey, Geneva, New York, Austin, Hong Kong, Singapore, Abu Dhabi and Bengaluru.

Why Join Our Team

We combine a dedication to meeting our clients' needs with a commitment to our people. At Brevan Howard, you will find the dynamism and entrepreneurial spirit of a small firm with the infrastructure, technology and support of a large organisation. We are always looking for exceptional talent to join our global community. From undergraduates to experienced professionals, we look for individuals who are intellectually curious, passionate and share our mission and principles.

Diversity and Inclusion

Brevan Howard is committed to being an inclusive employer and encourages applications from all suitably qualified individuals without regards to race, colour, religion, origin, age, sexual orientation, physical/mental disability/ long term health condition, marital status, gender expression or any other characteristic protected by law in the jurisdictions we operate.