Summer Analyst Programme: Global Markets - Markets Engineering

About the role

MUFG's Summer Analyst Programme is aimed at penultimate-year university students who want insight into banking and a possible career with the bank. The Global Markets - Markets Engineering track sits within Markets Engineering, the technology and quantitative engineering arm that builds and maintains the systems for sales, trading and market-making across Rates, FX, Credit and Equities. Applications close on 29 November 2026, with an assessment centre in February 2027 and a start date of 21 June 2027.

Key responsibilities

• Pricing and valuation systems: libraries and platforms that price vanilla and exotic products and compute official valuations
• Quantitative models: implementing, integrating and productionising models such as SSABR vol surfaces and copula-based spread-option models into robust, testable code
• Risk and analytics: delta, vega and other sensitivities; scenario and stress frameworks; VaR and FRTB-SA capital calculations
• Trade and market data infrastructure: market data capture and curation, curve and surface construction, trade capture and lifecycle processing
• Regulatory and control deliverables: margin (IM/VM), PnL attribution, Totem/consensus submissions and model-governance support

Required profile

• Penultimate year of study
• Strong interest in financial markets
• Excellent communication and interpersonal skills, with high motivation and integrity
• Innovative, with attention to detail and accuracy

Required skills

• Strong math and programming interests
• Ability to build quantitative models and pricing systems

What we offer

• A 10-week programme with induction, exposure to global credit markets and clients, and hands-on sales and trading experience from day one
• Technical, professional and behavioural development, with support from managers, mentors and a buddy
• Learning from industry experts and senior leaders, plus community and volunteering opportunities
• The programme acts as a pipeline to the full-time Analyst Programme, with offers made to successful interns for the following year