Data Analyst - Quantitative Finance - (opens in new window)

HSBC Holdings plc; Greater London; Hybrid; GBP 20,000 - 27,000; Full time

Benefits offered by this job

Rotational program

Training and development

Job summary

HSBC Holdings plc seeks a Data Analyst - Quantitative Finance - Internship in London. The 12-week program includes two six-month rotations in Markets Front Office, providing exposure to quantitative finance, data, and trading insights.

You'll build tools using Python, Excel and VBA, learn HSBC platforms, and collaborate with Trading, Sales, Structuring and Quantitative teams. Eligibility includes MSc/PhD in a quantitative field and visa sponsorship considerations.

Qualifications

• Master’s or PhD in a mathematical or quantitative subject.
• Experience in at least one object-oriented programming language.
• Strong statistical and data-analysis skills.

Responsibilities

• Develop tools and models using Python, Excel and VBA.
• Support traders with data collection and reporting.
• Build visualisations and trade ideas from data.

Skills

Python

Excel

VBA

Quantitative analysis

Education

Master's degree in quantitative field

PhD in quantitative subject

Tools

Bloomberg

Reuters

Job description

Data Analyst - Quantitative Finance - Internship

Location: London, GB, E14 5HQ

Start Date and Duration: Mon Jun 21, 2027; 12 Weeks

Area of Interest: Data Analytics

Business Area: Corporate and Institutional Banking

About the business area

Corporate and Institutional Banking helps some of the world’s largest companies grow and succeed by offering investment and financial solutions. Working across markets, sectors and borders, you’ll help deliver the insight, connectivity and support that enable clients to navigate change and unlock new opportunities

Who you are

You’re a logical, research-minded problem-solver who enjoys working with complex data and turning it into insight. You’ll thrive if you’re analytical, resilient, adaptable and confident communicating your thinking clearly. You’ll need strong quantitative skills, programming ability, research capability and the judgement to work with data in a fast-paced environment. Experience in at least one object-oriented programming language is required, along with expertise in one or more areas such as machine learning, stochastic calculus, optimisation, numerical analysis, forecasting or Monte Carlo simulation. You don’t need to know everything about HSBC or every market product before you join, but you should be ready to apply advanced quantitative thinking from day one. Required qualifications: a Master’s or PhD in a mathematical or quantitative subject, plus an independent research project such as a Master’s thesis or PhD.

What you'll do

You’ll work with colleagues in Markets, including Trading, Sales, Structuring and Quantitative teams, to turn data into insight. You could research and interpret information from financial statements, economic indicators, market trends and news, then help turn that into reports, visualisations and trade ideas. You may support traders with data collection, reporting and record-keeping, monitor market performance, and help assess risks and opportunities. You’ll also build tools and models using Excel, VBA or Python, and learn to use platforms such as Bloomberg, Reuters and HSBC tools. It’s a hands-on role where you’ll work closely with market specialists and build a clearer view of how data supports decisions in fast-moving markets.

What you'll learn

You’ll build specialist quantitative and markets knowledge through regulated training where needed, a global graduate induction and tailored role-specific development. Across two six-month rotations in Markets Front Office, you’ll deepen your understanding of quantitative finance, market dynamics, automation and customised trading systems. You’ll strengthen your ability to work with data, code and mathematical models in a live business context, while also building stakeholder management skills across teams, countries and cultures. Training on industry tools and exposure to front-office environments will help you connect technical expertise with commercial decision-making. By the end of the programme, you’ll have a stronger grasp of where Markets is heading—and how your quantitative skills can help shape it.

Where you'll work

You’ll work in Quantitative Finance within Corporate and Institutional Banking, close to teams across markets, trading, sales and structuring. In the UK, you’ll be part of an analytical, fast-moving environment where data, modelling and market insight sit at the centre of decision-making. It’s a collaborative setting where quantitative specialists work alongside front-office and risk-focused teams, sharing ideas across functions and locations. Expect a professional office culture that values precision, curiosity and continuous learning.

Eligibility Criteria

To be eligible, you must:

• Be available to workfull time for 10 weeks commencing June 2027
• Have obtained, or expect to achieve, a 2:1 degree classification or higher, or an overseas equivalent
• Be studying towards an MSc or PhD
• We will consider candidates that require visa sponsorship for this role