Who we are looking for:

We are seeking a candidate to be part of the eFX Market Making team for the duration of a 10 Week summer internship. eFX is a key focus area and growth area for the bank and the successful candidate will spend their time learning about the eFX business with a hands-on approach as well as getting exposure to other affiliated FX Business areas. We are looking to bring in the next generation of talent to learn and contribute ideas to enhance their development and expand our remit and a growing business.

Why is this role important to us:

State Streets eFX business is a global team providing electronic fully automated trading facilities for clients 24 hours a day, 5 days a week, typically transacting billions of dollars of foreign exchange currency daily. We employ cutting edge quantitative and algorithmic trading techniques, as well as the latest technology to engage in high frequency trading and analysis. Selecting an intern to be part of the eFX Market Making team is important to us because it is a great opportunity to get exposure and a basic understanding of an electronic trading business.

Program dates: 22nd June 2026 – 28th August 2026

You must be available to participate in the program in person, starting from day one and for its full duration and you are required to work from the office.

What you will be responsible for:

As a placement summer intern, you will:

• Work closely with members of the eFX Market Making desk, quantitative analysts, developers, FX trading, FX sales, research and other senior staff as mentors to gain an understanding of the FX Business and show initiative.

• Learn about the Client Base and perform detailed analysis to identify pricing opportunities.

• Understand the design and deployment of trading strategies/algorithms through the various code bases to make suggestions/optimizations to enhance profitability.

• Explore pricing and trading ideas through optimization of analyzing client data and looking for patterns.

• Understand and perform pre and post trade analysis for client and trading strategies.

• Work with eFX and traders to acquire in-depth knowledge of financial markets, modeling, and risk management.

What we value:

These skills will help you succeed in this role:

• A desire and willingness to learn through this 10-weeks internship.

• Creative thinkers who are motivated by challenging problems.

• Applying good written and oral communication skills.

• Being part of a team.

• Displaying good analytical skills and having an eye for detail.

• Being willing to ask considered questions.

Education & Preferred Qualifications

• Undergraduate Students Enrolled in full time education at undergraduates in the penultimate year of degree in one of the following areas: a Mathematics/Physics/Statistics/Engineering or similar degree.

• Enthusiastic about building a long-term career in a dynamic organization

• Effective communicators with the ability to collaborate in a team-oriented environment

• Open to feedback and committed to continuous learning and improvement

• Motivated by real-world problem solving and eager to contribute innovative ideas

About State Street

What do we do. State Street is one of the largest custodian banks, asset managers and asset intelligence.

companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment service, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in location, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

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