Summer 2026 Risk Management Intern

Risk and Performance Team, Marshall Wace LLP

Founded in 1997, Marshall Wace is a leading global alternatives investment manager specializing in long/short equity. We combine fundamental investing with systematic and quantitative strategies to deliver returns from a range of investment solutions. We are one of the world’s largest alternative asset managers, managing in excess of $70 billion with over 900 employees working in London, New York, Hong Kong, Singapore, Shanghai, and Abu Dhabi.

Our history is one of continuous development and innovation, from being the creators of the TOPS Alpha Capture System, to the extensive use of proprietary systems throughout our investment and operations environment. In a challenging industry we seek to be competitive by bringing together people from diverse backgrounds and providing them with the systems, data, technology, and work environment they need to succeed. Our culture enables innovative ideas to surface from all areas of the firm and to be executed quickly. TOPS is an exceptional example of how innovation within Marshall Wace has created a unique investment solution for clients and driven many areas of the firm to improve efficiency and key processes and controls.

 

Role

We are looking for a Risk Analyst Intern to join our Risk team in New York. Our Risk and Performance team shares the day-to-day responsibility for risk and performance reporting, quantitative and qualitative profiling of investment teams’ performance, and making sure this is articulated throughout the business with accurate and timely reporting. The responsibilities for this role will include:

• Develop reporting and analysis to ensure continual improvement to Marshall Wace’s approach on analysing investment decision making
• Prepare reporting and analytics for investment teams
• Contribute to the continual development of the risk reporting framework
• Engage with internal stakeholders, including Marketing, Compliance, and Portfolio Management teams on topics relating to performance, risk, and trading

The Risk and Performance team have developed comprehensive proprietary systems and as such the role will routinely involve manipulating, analysing, and reporting on large datasets. Suitable candidates will have familiarity with SQL and/or Python, and ideally some experience with data visualisation.

 

Opportunity

The Risk and Performance team interact with all areas of the business. Because of the compact and inclusive nature of the company, there is an exceptional opportunity to influence and drive change.

This role provides an opportunity to develop tools necessary to make new and exciting contributions to investment decision-making.

The position of the company offers its staff exposure to the pioneering and dynamic hedge fund industry. Its growth-orientated attitude is based on a culture of recognising achievement and rewarding contribution.

We view this position as an excellent prospect for someone to further their career in the investment management industry.

 

Experience

We are looking for an Undergraduate from a top-tier university with a focus in STEM. Exposure to risk and investment management will be advantageous through any prior internships already completed. We will also consider candidates from alternative backgrounds with a genuine interest in this opportunity and relevant transferable skills for this role.

 

Qualities

We will look for the following abilities and personal attributes:

• Self-starter attitude with a strong work ethic
• Outstanding quantitative, statistical, analytical, and problem-solving skills
• Ability to query and manipulate large datasets with the following programming languages: SQL,

Snowflake, and/or Python, with a strong attention to data integrity

• Experience in reporting/visualisation software such as SSRS and/or Power BI to create interactive

and actionable dashboards, blend data, and create calculated fields

• Understanding of the fundamentals of investing, risk, and performance metrics is preferred
• Ability to work under pressure producing accurate and timely data with an attention to detail
• Strong communication skills to liaise with a variety of personnel from across the business
• Motivation to be proactive and use initiative to drive continuous improvement in the risk and

performance process

• Practical approach to problem solving and ability to take a problem that exists today, foresee how

the requirements and constraints might evolve in the future, and build a solution to cater for this

• Previous experience gained in investment management environment preferred

 

Salary range is is between $100,000-110,000 for this role.