Operations (Regulatory Controls) Intern 2025

Posted 11 Days Ago
Be an Early Applicant
London, Greater London, England
Internship
Fintech • Information Technology • Financial Services
We’re transforming how the world trades fixed income. And we’re not done, yet.
The Role
The Operations Regulatory Controls Intern will support the Regulatory Controls team by executing embedded controls, managing exceptions, and producing activity-based reports. The intern will collaborate across departments to enhance regulatory compliance and improve processes while receiving mentorship and feedback throughout the internship.
Summary Generated by Built In

About Us 

MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one’s ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There. 

 The Role

There is no better way to experience what a career at MarketAxess has to offer than through our 9-week internship programme. As a 2025 Summer intern with MarketAxess, you will grow your skills through on-the-job training and professional development classroom training. You will participate in projects working on problems, providing community service and enjoying social events. You will be well supported, receiving regular feedback from your manager to aid your professional development and will have a dedicated buddy. Our summer internship programme offers the opportunity to build new skills, grow your professional network and provides an in-depth insight into career possibilities at MarketAxess.

This is a full-time paid internship to commence on 2 June and conclude on 1 August 2025.

How You’ll Take Us There  

The Operations Regulatory Controls team at MarketAxess executes a variety of different controls, with different frequencies, using multiple different tools and applications. The purpose of the control framework is to ensure MarketAxess is meeting regulatory obligations with regard to transaction reporting, pre- and post-trade transparency requirements, accuracy of reference data and the periodic reconciliation of different data elements to validate the overall strength of the control environment.

You will learn how to identify and resolve reporting exceptions and rejections, how we interact with our clients to resolve exceptions, and how we work together across the organisation, collaborating with other functions, to solve problems in a timely manner.

We will encourage you to highlight ways in which we can improve our processes. Being inquisitive and tenacious about tackling the source of a problem and stopping it from occurring again is a key behaviour we encourage and will look for in each candidate. Specific role responsibilities include:

  • Execute, at various frequencies, embedded controls to meet multiple regulatory obligations in supporting and controlling the business.
  • Exception Management, escalation and remediation.
  • Supporting the broader Control Framework within Operations, whilst engaging in cross departmental collaboration.
  • Produce, maintain, and distribute activity-based reporting of a high quality, whilst seeking additional oversight when required/mandated.
  • Continually update all relevant documentation / procedures in line with the proposed Control framework.
  • Determination of proposed or existing Market regulations to suggest enhanced controls required to control the business activity.
  • Open communication and dialogue with direct and indirect teams.

What We’re Looking for 

  • An eye for detail coupled with analytical skills and critical thinking abilities
  • MS Office Competency, specifically Excel
  • The ability to identify opportunities for innovation and change
  • An Inquisitive and determined approach to problem solving
  • Enthusiasm for working with vast sets of data to perform data analysis and production of summary materials.
  • A strong commitment to set realistic targets and meet deadlines.

And, in addition:

  • You will be a penultimate year student (graduating in 2026)
  • You are on track for a 2:1 or above (or equivalent)
  • Right to Work in UK
  • Competence in any additional European languages will be well welcomed

What You Can Expect from Us

  • Central Location: based at our city offices near St Paul's.  
  • Free Food: We provide lunch each day of the week when the employee attends the office via our vendor Feedr as well as breakfast cereals, office snacks and drinks from our free vending machines 
  • Paid Time Off: 25 days annual leave entitlement plus 2 charity days 
  • Reward for your service: We offer a two-week bonus holiday after completing each 5 years of service 
  • Core benefits: Besides competitive standard benefits package we offer private medical (PMI) for family, Cash Plan, health screenings, dental cover, 6X life assurance, critical illness cover, income protection, pension, car leasing (Tusker electronic cars), reimbursement for wellness stipend, interest free season ticket loan and a “Share Incentive” plan 
  • Tuition Assistance and Professional Training: Benefit from on-demand learning, boot camps, and opportunities to attend conferences 

Collaboration and innovation are integral to our success – it's how we got to where we are and how we’ll maintain and grow our competitive advantage. We believe this best happens in an office environment. Employees work in the office 4 days a week. This approach still allows for flexibility depending on the business function you work within but also helps us maintain a collaborative office environment long-term

MarketAxess Privacy Notice for Candidates

CCPA Notice at Collection for California Employees and Applicants

What the Team is Saying

Kathleen
Bryan
Stephanie
Devin
The Company
HQ: New York, NY
868 Employees
Hybrid Workplace
Year Founded: 2000

What We Do

MarketAxess is on a journey to digitally transform one of the world's largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace.

Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency and competition in the marketplace.

Changing the way an established industry transacts is no easy feat. There will be twists and turns because no one’s ever done this before. But now, more than 2,000 companies around the world rely on our solutions, and that number is only expected to grow in the years ahead.

We know where we’re going. How we get there is up to us. Join us and help Take Us There.

Why Work With Us

When we say we have an environment without endless layers, we really mean it. You’ll work alongside talented colleagues of all backgrounds and experience in an environment where your voice is valued. You’ll be in the middle of the action, where your contributions will be seen and recognized.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

MarketAxess Teams

Team
Tech
Team
Sales
Team
Operations
Team
Corporate
About our Teams

MarketAxess Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Not Specified
Company Office Image
HQNew York Headquarters
Our sleek, high-end office is located in Hudson Yards complete with sweeping Hudson River views and The Vessel. Other offices include London, Amsterdam, Singapore / Taiwan, as well as smaller office across the US and Europe.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account