2027 - Global Markets - Rates Structuring - Off Cycle Internship – Paris

About the role

Off-cycle internship in Nomura’s Paris Rates Structuring team from January to June 2027. The intern will support pricing, issuance workflows, marketing materials and client presentations for bespoke interest-rate and hybrid solutions, while helping automate desk tools using Python. The role offers on-the-job training in rates structuring.

Responsibilities

• Support day-to-day Rates Structuring activities, including pricing derivatives and structured notes.
• Assist note issuance workflows through term sheets, documentation follow-up, and issuance-platform coordination.
• Produce marketing pitches and client presentations for institutional clients.
• Contribute to Python automation covering pricing tools, data pipelines, reporting, and monitoring.
• Work with Trading, Sales, Quants, Legal, Middle Office, and Back Office teams.

Team

• The Rates Structuring team designs, prices, and executes bespoke interest-rate and hybrid solutions.
• Solutions span derivatives, structured notes, and funding solutions for institutional clients.
• The team works closely with Trading, Sales, Legal, Middle Office, Back Office, and Technology.

Requirements

• Degree in Mathematics, Engineering, Physics, Finance, Economics, or another quantitative discipline.
• Strong numerical and analytical skills, with an interest in interest-rate derivatives and structured products.
• Proficiency in Python.
• Excellent written and verbal communication skills, with the ability to work in a fast-paced environment.
• Team-oriented approach and ability to collaborate with multiple stakeholders.

Application

• Applications are reviewed on a rolling basis; candidates should apply as soon as possible.
• Candidates must clearly state their internship availability dates in the application.
• Only one application may be submitted per recruitment year.
• Applications must be submitted online through Nomura Careers.