Summer Institutional Trading Intern - Summer 2021

CARDINAL INTERNSHIP: New York, NY or Remote. Darren Reinstein '98 is looking for Wesleyan applicants to work in his firm, StoneX Financial (a subsidiary of StoneX Group), in Fixed Income. StoneX is a major global financial firm. This is a rare opportunity at this time of year. If you have questions about the job or the company, email Darren: Darren.Reinstein@StoneX.com

TO APPLY: apply through Handshake with just your approved resume. Do NOT wait for the deadline! Resumes are reviewed on a rolling basis.

Position starts in June '2021. Position Purpose: Institutional Fixed Income Trading. Reports to: Robert Laforte.

StoneX Financial Inc., a wholly owned subsidiary of StoneX Group Inc., transacts in U.S. Treasuries, Federal Agency, Corporate, Municipal, Convertible, Private Label, Asset Backed Securities and Mortgage Backed Securities. The Company serves an institutional client base consisting of asset managers, commercial bank portfolios, trust and investment departments, broker-dealers, municipalities, credit unions, corporations, pension funds, government entities and insurance companies. StoneX Financial Inc. has continued to grow immensely each year, with new product lines, new account types, and increased balance sheet to provide our customers as much value as possible. To maintain this growth, we are looking to supplement our fixed income division with highly motivated, self-starters who want to be part of a successful team.

 Primary Accountabilities/Responsibilities: 

• Rotate through different sales and trading products and teams to understand and help find new ways of creating efficiencies within day to day functions

• Responsible for learning fixed income products and market knowledge within agency MBS, debentures, treasuries, corporates, municipalities, and ABS

• Entrepreneurial spirit and self-learning mentality

• Maintain prompt and regular attendance

• This list of duties and responsibilities is not intended to be all-inclusive and can be expanded to include other duties or responsibilities that management deems necessary.

 

Job Requirements:

• BA or BS in a finance or economics related background

• Advanced in Excel and Bloomberg

• Programming skills are beneficial to assist with creation of new models and valuation tools

• Candidates for the program must possess a strong, ongoing interest in the financial markets with emphasis on a dealer’s front-office Sales and Trading environment.

• Soft skills such as communication, teamwork, organization